SkyWater Technology, Inc. (SKYT) Beats Stock Market Upswing: What Investors Need to Know

SkyWater Technology, Inc. (SKYT) ended the recent trading session at $10.69, demonstrating a +1.42% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.14%. At the same time, the Dow lost 0.04%, and the tech-heavy Nasdaq gained 0.38%. Coming into today, shares of the company had gained 19.1% in the past month. In that same time, the Computer and Technology sector gained 7.37%, while the S&P 500 gained 5.35%. The investment community will be closely monitoring the performance of SkyWater Technology, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2025. On that day, SkyWater Technology, Inc. is projected to report earnings of -$0.17 per share, which would represent a year-over-year decline of 950%. Alongside, our most recent consensus estimate is anticipating revenue of $57.3 million, indicating a 38.6% downward movement from the same quarter last year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.01 per share and a revenue of $307.15 million, indicating changes of -116.67% and -10.26%, respectively, from the former year. Investors might also notice recent changes to analyst estimates for SkyWater Technology, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. SkyWater Technology, Inc. currently has a Zacks Rank of #3 (Hold). The Electronics - Semiconductors industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 63, finds itself in the top 26% echelons of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Should You Invest in SkyWater Technology, Inc. (SKYT)?Before you invest in SkyWater Technology, Inc. (SKYT), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SkyWater Technology, Inc. (SKYT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks