In the latest trading session, SkyWater Technology, Inc. (SKYT) closed at $32.96, marking a -2.02% move from the previous day. This move lagged the S&P 500's daily loss of 0.13%. Meanwhile, the Dow gained 0.11%, and the Nasdaq, a tech-heavy index, lost 0.72%.
Coming into today, shares of the company had gained 85.24% in the past month. In that same time, the Computer and Technology sector gained 1.88%, while the S&P 500 gained 0.78%.
The upcoming earnings release of SkyWater Technology, Inc. will be of great interest to investors. The company's earnings report is expected on February 25, 2026. On that day, SkyWater Technology, Inc. is projected to report earnings of -$0.01 per share, which would represent a year-over-year decline of 125%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $160 million, up 111.95% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.05 per share and revenue of $431.05 million, indicating changes of -16.67% and 0%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for SkyWater Technology, Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, SkyWater Technology, Inc. possesses 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 57, finds itself in the top 24% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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SkyWater Technology, Inc. (SKYT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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