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SkyWater Technology Inc has a consensus price target of $14.2 based on the ratings of 5 analysts. The high is $20 issued by Cowen & Co. on August 16, 2022. The low is $12 issued by Needham on November 11, 2024. The 3 most-recent analyst ratings were released by Needham, Piper Sandler, and Piper Sandler on November 11, 2024, October 25, 2024, and August 8, 2024, respectively. With an average price target of $11 between Needham, Piper Sandler, and Piper Sandler, there's an implied -32.93% downside for SkyWater Technology Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for SkyWater Technology (NASDAQ:SKYT) was reported by Needham on November 11, 2024. The analyst firm set a price target for $12.00 expecting SKYT to fall to within 12 months (a possible -26.83% downside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for SkyWater Technology (NASDAQ:SKYT) was provided by Needham, and SkyWater Technology reiterated their buy rating.
There is no last upgrade for SkyWater Technology
There is no last downgrade for SkyWater Technology.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SkyWater Technology, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SkyWater Technology was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest SkyWater Technology (SKYT) rating was a reiterated with a price target of $12.00 to $12.00. The current price SkyWater Technology (SKYT) is trading at is $16.40, which is out of the analyst’s predicted range.
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