SkyWater Technology Falls 1.34%; Q4 Revenue Forecast at $160 Million (+112%)
Stock fell 1.34% to $29.93, underperforming the S&P 500’s 0.33% drop after gaining 0.4% over the past month versus a 1.09% sector decline. Q4 EPS is forecast at –$0.01 (125% decline) on $160 million revenue (+112% yoy), with full-year revenue of $431.1 million (+26%).
1. Recent Stock Performance
Shares dipped 1.34% to $29.93, underperforming the S&P 500’s 0.33% decline, while the stock has risen 0.4% over the past month against a 1.09% drop in the Computer and Technology sector. This underperformance contrasts with a modest monthly gain, highlighting investor caution ahead of earnings.
2. Q4 and Full-Year Forecasts
SkyWater is projected to report Q4 EPS of –$0.01, a 125% year-over-year decline, on revenue of $160 million, up 112% from last year’s quarter. Full-year forecasts call for $431.1 million in revenue (up 25.9%) and EPS of $0.05 (down 16.7%).
3. Analyst Rankings and Industry Position
Analysts maintain a hold rating on the stock, reflecting mixed outlook on near-term profitability despite strong revenue growth. The company’s semiconductor industry group ranks in the top 25% of over 250 industries, indicating relatively favorable sector dynamics.