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SkyWater Technology, Inc. (SKYT) Stock Sinks As Market Gains: Here's Why
SkyWaterSkyWater(US:SKYT) ZACKSยท2025-07-22 22:46

Company Performance - SkyWater Technology, Inc. (SKYT) closed at $10.26, reflecting a -4.02% change from the previous day, underperforming the S&P 500's 0.06% gain [1] - The stock has increased by 17.86% over the past month, outperforming the Computer and Technology sector's gain of 9.6% and the S&P 500's gain of 5.88% [1] Upcoming Earnings - The upcoming earnings report for SkyWater Technology is scheduled for August 6, 2025, with an expected EPS of -$0.17, indicating a 950% decline compared to the same quarter last year [2] - Revenue is anticipated to be $57.3 million, down 38.6% from the prior-year quarter [2] Fiscal Year Projections - For the entire fiscal year, the Zacks Consensus Estimates project an EPS of -$0.01 and revenue of $307.15 million, representing changes of -116.67% and -10.26% respectively from the prior year [3] Analyst Estimates - Recent adjustments to analyst estimates for SkyWater Technology are noteworthy, as positive revisions are seen as a favorable indicator for business outlook [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks SkyWater Technology at 3 (Hold) [6] Industry Context - The Electronics - Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 58, placing it in the top 24% 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]