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SKYT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
39.230
Open
38.970
VWAP
38.75
Vol
835.27K
Mkt Cap
1.92B
Low
38.040
Amount
32.37M
EV/EBITDA(TTM)
51.85
Total Shares
49.20M
EV
2.14B
EV/OCF(TTM)
--
P/S(TTM)
3.49
SkyWater Technology, Inc. is an independent, pure-play technology foundry that offers advanced semiconductor development and manufacturing services. The Company’s Technology-as-a-Service (TaaS) model leverages a foundation of proprietary technology, engineering know-how capabilities, and microelectronics manufacturing capacity to co-develop process technology intellectual property (IP) with its customers that enable disruptive concepts through its Advanced Technology Services (ATS) for diverse microelectronics (integrated circuits (ICs)) and related micro- and nanotechnology applications. In addition to differentiated technology development services, it supports customers with volume production of ICs for high-growth markets through its Wafer Services. Its Wafer Services include the manufacture of silicon-based analog and mixed-signal ICs for its end markets. Through its ATS model, it specializes in co-creating advanced solutions with its customers that directly serve its end markets.
Show More

Events Timeline

(ET)
2026-05-08
12:30:00
SkyWater Shareholders Approve Merger Agreement with IonQ
select
2026-04-24 (ET)
2026-04-24
17:30:00
IonQ Enters Merger Agreement with SkyWater Technology
select
2026-02-25 (ET)
2026-02-25
17:00:00
Company Reports Q4 Revenue of $171M, Exceeds Consensus
select
2026-02-25
15:50:00
IonQ Awarded $151B SHIELD Contract
select
2026-02-16 (ET)
2026-02-16
14:20:00
SkyWater Appoints Christine Dunbar as SVP of Sales and Solutions Engineering
select
2026-01-28 (ET)
2026-01-28
15:40:00
IonQ to Acquire SkyWater for $35 Per Share
select

News

Fool
8.5
05-25Fool
U.S. Government Invests Over $2 Billion in Quantum Computing
  • Government Investment Plan: The U.S. government plans to provide over $2 billion in incentives and investments to quantum computing companies under the CHIPS and Science Act, including equity stakes in several firms, highlighting its commitment to boosting domestic chip manufacturing.
  • IBM Quantum Foundry: IBM's startup Anderon will receive $1 billion in government incentives, with IBM matching that amount and contributing intellectual property, marking the establishment of the country's first pure-play quantum foundry, which is expected to enhance domestic quantum computing manufacturing capabilities.
  • GlobalFoundries Expansion: GlobalFoundries signed a letter of intent to receive $375 million in incentives to expand its Quantum Technology Solutions business, with the government taking about a 1% equity stake, thereby strengthening its competitive position in the quantum manufacturing sector.
  • Absence of IonQ: Despite IonQ's strong performance in quantum computing and its acquisition of SkyWater Technology, it was notably excluded from government investments, which may impact its market position, although its technology leads in accuracy with a record 99.99% two-qubit gate fidelity.
NASDAQ.COM
8.5
05-25NASDAQ.COM
U.S. Government to Invest in Quantum Computing Firms
  • Investment Overview: The U.S. government plans to allocate over $2 billion in incentives and investments to nine quantum computing companies under the CHIPS and Science Act, with IBM's startup Anderon set to receive $1 billion, matched by IBM's own investment, highlighting the government's commitment to the quantum computing sector.
  • Global Manufacturing Expansion: GlobalFoundries has signed a letter of intent to receive $375 million in incentives to support its newly established Quantum Technology Solutions business, which will enhance domestic quantum manufacturing capabilities and bolster U.S. competitiveness in the global semiconductor market.
  • Technological Leadership: IonQ boasts a record 99.99% two-qubit gate fidelity, positioning it as a leader in quantum computing technology; despite not receiving government investment, its acquisition of SkyWater Technology will make it the only vertically integrated quantum computing company in the U.S., expected to enhance market responsiveness and scaling advantages.
  • Market Opportunities: Although IonQ was overlooked for government investment, its stock still holds potential for appreciation, especially as the surge in government funding for quantum initiatives increases market focus on the best quantum computing companies, potentially providing investors with attractive buying opportunities.
Fool
8.5
05-16Fool
Vazirani Asset Management Acquires Stake in SkyWater Technology
  • New Investment Disclosure: On May 15, 2026, Vazirani Asset Management disclosed a new position by acquiring 125,000 shares of SkyWater Technology, valued at approximately $3.67 million, indicating confidence in the company's future prospects.
  • Significant Stake: This acquisition represents 7.9% of Vazirani's reportable assets under management as of March 31, 2026, highlighting a strategic investment in the semiconductor sector.
  • Outstanding Stock Performance: As of May 14, 2026, SkyWater shares were priced at $35.82, reflecting a remarkable 330% increase over the past year, significantly outperforming the S&P 500's 25% rise, suggesting strong market optimism for its growth potential.
  • Improved Fundamentals: SkyWater reported a record revenue of $442.14 million for 2025, a 29% year-over-year increase driven by the Fab 25 acquisition and rising demand from quantum computing clients, indicating strengthening competitiveness in the high-tech industry.
seekingalpha
7.5
05-14seekingalpha
Commercialization of Post-Quantum Cryptography Accelerates
  • Market Transformation: Post-quantum cryptography is transitioning from theoretical research to a commercial market, with companies actively attracting customers and building enterprise pipelines, indicating the commercial potential of this field is gradually being realized.
  • Technological Diversification: Various post-quantum cryptography migration platforms are emerging to assist organizations in transitioning smoothly, while hardware-embedded quantum-resistant cryptography is being integrated into semiconductors, enhancing security.
  • Revenue Projections: SkyWater Technology projects at least $600 million in revenue by 2026, primarily driven by growth in quantum-related customer engagements, showcasing the potential of quantum technology in the semiconductor industry.
  • Industry Competition: While quantum-focused firms are gaining attention, analysts believe traditional cybersecurity software companies will emerge as the biggest winners as post-quantum security becomes more prominent, reflecting a shift in the competitive landscape.
Fool
8.5
05-11Fool
Lountzis Asset Management Exits SkyWater Technology Stake
  • Stake Reduction: According to a May 7, 2026 SEC filing, Lountzis Asset Management eliminated its stake in SkyWater Technology by selling 290,222 shares in Q1, resulting in a net position decline of $5.27 million, reflecting the impacts of trading activity and stock price fluctuations.
  • Top Holdings Overview: After exiting SkyWater, Lountzis's top holdings include BRK-B at $65.08 million (24% of AUM), AMAT at $40.68 million (15% of AUM), and WFC at $19.51 million (7.2% of AUM), indicating a diversified investment portfolio.
  • Stock Performance: As of May 6, 2026, SkyWater Technology shares were priced at $34.19, representing a 372.2% increase over the past year, significantly outperforming the S&P 500 by 340.88 percentage points, highlighting its robust position in the semiconductor sector.
  • Merger Implications: SkyWater is set to merge with IonQ in a cash-and-stock deal, where IonQ offers $15 in cash and $20 in shares for each SkyWater share, indicating that SkyWater's stock value is now tied to both its performance and IonQ's share price, along with the merger's closing conditions.
Newsfilter
8.5
05-08Newsfilter
SkyWater Stockholders Approve Merger with IonQ
  • Merger Agreement Approved: SkyWater Technology's stockholders approved the merger agreement with IonQ at a special meeting, which will lead to IonQ acquiring SkyWater, marking a significant strategic shift for the company expected to close in Q2 or Q3 of 2026.
  • Regulatory Approvals Pending: The transaction remains subject to necessary regulatory approvals and other customary closing conditions, and failure to complete these in a timely manner could disrupt the company's operational plans and divert management's focus, impacting future growth.
  • Market Position Strengthened: As the largest U.S.-based pure-play semiconductor foundry, the merger will further solidify SkyWater's market position in quantum computing and next-generation systems, enhancing its capabilities in critical infrastructure and supply chain resilience.
  • Forward-Looking Statement Risks: The company highlighted various risks and uncertainties associated with its forward-looking statements, including the potential inability to complete the transaction as anticipated, which could lead to a significant decline in stock price and affect investor confidence.
Wall Street analysts forecast SKYT stock price to rise
5 Analyst Rating
Wall Street analysts forecast SKYT stock price to rise
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
17.00
Averages
21.50
High
25.00
Current: 0.000
sliders
Low
17.00
Averages
21.50
High
25.00
Craig-Hallum
Buy
to
Hold
downgrade
$35
AI Analysis
2026-01-27
Reason
Craig-Hallum
Price Target
$35
AI Analysis
2026-01-27
downgrade
Buy
to
Hold
Reason
Craig-Hallum downgraded SkyWater Technology (SKYT) to Hold from Buy with a $35 price target. The firm cites the IonQ (IONQ) acquisition announcement yesterday. Craig-Hallum says the deal is most likely to close, as it doesn't think other quantum customers will raise enough of an issue to end the deal. The firm also notes the stock is within 10% of the transaction price.
TD Cowen
TD Cowen
Buy
to
Hold
downgrade
$24 -> $35
2026-01-27
Reason
TD Cowen
TD Cowen
Price Target
$24 -> $35
2026-01-27
downgrade
Buy
to
Hold
Reason
TD Cowen downgraded SkyWater Technology (SKYT) to Hold from Buy with a price target of $35, up from $24, after the company reached an agreement to be acquired by IonQ (IONQ) for $35 per share or $1.88B.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for SKYT
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Valuation Metrics

The current forward P/E ratio for Skywater Technology Inc (SKYT.O) is 185.19, compared to its 5-year average forward P/E of 7.35. For a more detailed relative valuation and DCF analysis to assess Skywater Technology Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
7.35
Current PE
185.19
Overvalued PE
120.43
Undervalued PE
-105.72

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
42.51
Current EV/EBITDA
73.26
Overvalued EV/EBITDA
139.64
Undervalued EV/EBITDA
-54.62

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.97
Current PS
3.03
Overvalued PS
3.34
Undervalued PS
0.60

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Whales Holding SKYT

E
Emerald Advisers, LLC
Holding
SKYT
+14.97%
3M Return

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Frequently Asked Questions

What is Skywater Technology Inc (SKYT) stock price today?

The current price of SKYT is 38.98 USD — it has increased 0.03

What is Skywater Technology Inc (SKYT)'s business?

SkyWater Technology, Inc. is an independent, pure-play technology foundry that offers advanced semiconductor development and manufacturing services. The Company’s Technology-as-a-Service (TaaS) model leverages a foundation of proprietary technology, engineering know-how capabilities, and microelectronics manufacturing capacity to co-develop process technology intellectual property (IP) with its customers that enable disruptive concepts through its Advanced Technology Services (ATS) for diverse microelectronics (integrated circuits (ICs)) and related micro- and nanotechnology applications. In addition to differentiated technology development services, it supports customers with volume production of ICs for high-growth markets through its Wafer Services. Its Wafer Services include the manufacture of silicon-based analog and mixed-signal ICs for its end markets. Through its ATS model, it specializes in co-creating advanced solutions with its customers that directly serve its end markets.

What is the price predicton of SKYT Stock?

Wall Street analysts forecast SKYT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SKYT is21.50 USD with a low forecast of 17.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Skywater Technology Inc (SKYT)'s revenue for the last quarter?

Skywater Technology Inc revenue for the last quarter amounts to 160.69M USD, increased 162.15

What is Skywater Technology Inc (SKYT)'s earnings per share (EPS) for the last quarter?

Skywater Technology Inc. EPS for the last quarter amounts to -0.25 USD, increased 66.67

How many employees does Skywater Technology Inc (SKYT). have?

Skywater Technology Inc (SKYT) has 1551 emplpoyees as of May 31 2026.

What is Skywater Technology Inc (SKYT) market cap?

Today SKYT has the market capitalization of 1.92B USD.