SkyWater Technology, Inc. (SKYT) Suffers a Larger Drop Than the General Market: Key Insights

Company Performance - SkyWater Technology, Inc. (SKYT) closed at $9.27, reflecting a -0.43% change from the previous trading day's closing, underperforming the S&P 500 which lost 0.27% [1] - Over the past month, shares of SkyWater Technology experienced a loss of 17.83%, significantly trailing the Computer and Technology sector's gain of 1.69% and the S&P 500's gain of 4.27% [2] Upcoming Financial Results - SkyWater Technology is set to announce its earnings on February 26, 2025, with projected earnings of -$ 0.07 per share, indicating a year-over-year decline of 250% [3] - The Zacks Consensus Estimate for revenue is projected at $74.1 million, down 6.38% from the same period last year [3] Analyst Estimates and Rankings - Recent modifications to analyst estimates for SkyWater Technology are crucial as they reflect changing near-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks SkyWater Technology at 3 (Hold), with no changes in the Zacks Consensus EPS estimate over the past month [6] Industry Context - The Electronics - Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 152, placing it in the bottom 40% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]