SKYT Should I Buy
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SkyWater Technology (SKYT) is currently not a good buy for a beginner investor with a long-term strategy. The stock is being acquired by IonQ at a fixed price of $35 per share, which limits its upside potential. Additionally, technical indicators do not suggest a strong entry point, and there are no significant positive catalysts to justify buying at this time.
The MACD is negative and expanding, indicating bearish momentum. RSI is neutral at 30.521, and moving averages are converging, showing no clear trend. The stock is trading near its support level of 28.567, with resistance at 32.257. Overall, the technical indicators suggest a lack of strong upward momentum.
The company's financial performance in Q3 2025 was strong, with revenue up 60.68% YoY and net income up 9424.67% YoY. The acquisition by IonQ at $35 per share provides a clear exit strategy for current shareholders.
The stock is being acquired by IonQ, limiting its upside potential to the acquisition price of $35 per share. Multiple analysts have downgraded the stock to Hold due to the acquisition. Investigations into fiduciary duties related to the acquisition could create uncertainty.
In Q3 2025, the company reported exceptional growth: Revenue increased by 60.68% YoY, Net Income surged by 9424.67% YoY, EPS rose by 9733.33% YoY, and Gross Margin improved by 11.40% YoY. However, these results are overshadowed by the acquisition news.
Analysts have downgraded the stock to Hold due to the acquisition by IonQ. The price target has been raised to $35, aligning with the acquisition price, indicating limited upside potential.
