Latest news with #SKYT
Yahoo
13 hours ago
- Business
- Yahoo
SkyWater Technology, Inc. (SKYT) Outperforms Broader Market: What You Need to Know
SkyWater Technology, Inc. (SKYT) closed at $9.07 in the latest trading session, marking a +2.49% move from the prior day. This move outpaced the S&P 500's daily gain of 0.96%. At the same time, the Dow added 0.89%, and the tech-heavy Nasdaq gained 0.94%. Coming into today, shares of the company had lost 1.67% in the past month. In that same time, the Computer and Technology sector gained 2.53%, while the S&P 500 gained 0.5%. Market participants will be closely following the financial results of SkyWater Technology, Inc. in its upcoming release. The company is forecasted to report an EPS of -$0.17, showcasing a 950% downward movement from the corresponding quarter of the prior year. 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. SKYT's full-year Zacks Consensus Estimates are calling for earnings of -$0.01 per share and revenue of $307.15 million. These results would represent year-over-year changes of -116.67% and -10.26%, respectively. Investors should also note any recent changes to analyst estimates for SkyWater Technology, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. SkyWater Technology, Inc. presently features a Zacks Rank of #1 (Strong Buy). The Electronics - Semiconductors industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 97, this industry ranks in the top 40% of all industries, numbering over 250. 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. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. 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 Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-06-2025
- Business
- Yahoo
SKYT vs. MRVL: Which Semiconductor Stock is the Better Investment?
SkyWater Technology SKYT and Marvell Technology MRVL are both active players in the semiconductor space, with SKYT focusing on specialty foundry services and MRVL leading in custom silicon solutions for data centers and AI infrastructure. Each company brings unique strengths to the table, from SKYT's co-creation model to MRVL's large-scale hyperscaler continued growth in AI, quantum computing and specialty chip demand, investors are left wondering: Which stock is the better buy right now? Let's break down their performance and growth potential to see which offers the stronger investment case. SkyWater Technology has been steadily building its business by focusing on new product development and strong execution. Over time, the company has benefited from its strategy of working closely with customers to move products from early development to full production. This approach has helped SkyWater Technology grow its Wafer Services segment, especially in areas like thermal imaging and diagnostics, where customer interest has been rising company has also been shifting away from older, legacy programs and focusing more on new technology platforms. The ThermaView platform has been a big part of this change, bringing in more business from key customers. At the same time, SkyWater is preparing to grow further through its planned acquisition of Fab 25 in Austin, which is expected to add more capacity and help support sectors like electric vehicles, medical devices and the first quarter of 2025, SkyWater reported $61.3 million in revenues, showing a 13% increase year over year. Gross margin reached 24.2%, helped by cost improvements and a one-time benefit. The company also reported more than $4 million in adjusted EBITDA, with Wafer Services making strong contributions thanks to new product work in quantum computing has also been growing. Advanced computing now makes up 10% of total revenues, with most of that coming from quantum projects. Partnerships with companies like D-Wave and Si-Quantum are helping SkyWater expand in this space. The upcoming Fab 25 acquisition, backed by a $1 billion supply agreement, is expected to bring in immediate cash flow and support long-term Zacks Consensus Estimate for SKYT's 2025 loss is pegged at 1 cent per share, which has remained steady over the past 30 days, indicating a 116.67% decrease year over year. The consensus estimate for 2025 revenues is pinned at $307.15 million, suggesting a year-over-year decline of 10.26%. SkyWater Technology, Inc. price-consensus-chart | SkyWater Technology, Inc. Quote Marvell Technology has been steadily gaining from strong momentum in its data center business, particularly driven by rising demand for AI applications. The company has expanded its custom silicon programs and introduced new technologies like co-packaged optics and high-bandwidth memory integration. These innovations have helped position Marvell Technology as a key supplier to major hyperscalers, with growing interest across custom compute and connectivity solutions. Partnerships, including a recent collaboration with NVIDIA on NVLink Fusion, reflect the company's efforts to stay embedded in next-generation AI infrastructure the same time, Marvell Technology has been seeing some recovery across its traditional segments. Enterprise networking and carrier infrastructure have shown sequential improvements, while the optical interconnect business continues to grow. However, softness remains in the industrial and consumer segments. In the first of fiscal 2026, Marvell's automotive and industrial revenues declined 12% sequentially to $76 million, while consumer revenues dropped 29% sequentially to $63 million. In the fiscal first quarter, Marvell Technology reported revenues of $1.90 billion, up 63% year over year. Non-GAAP earnings per share grew 158% year over year to 62 cents. The data center segment contributed 76% of total revenues, with custom AI silicon playing a central role in the growth. Non-GAAP gross margin was 59.8%, and operating margin came in at 34.2%.Marvell's custom silicon business is growing fast, especially in AI, but it runs at lower gross margins than the rest of the company. This is weighing on overall margins. For the second quarter of fiscal 2026, Marvell expects $2 billion in revenues and a non-GAAP gross margin of 59% to 60%. While long-term AI growth remains strong, profitability could fluctuate as lower-margin custom products make up more of the revenue Zacks Consensus Estimate for MRVL's fiscal 2026 earnings is pegged at $2.79 per share, which has been revised upward by 4 cents over the past 30 days, indicating a 77.71% increase year over year. The consensus estimate for revenues is pinned at $8.21 billion, suggesting year-over-year growth of 42.43%. Marvell Technology, Inc. price-consensus-chart | Marvell Technology, Inc. Quote In a month, MRVL shares have gained 7.4%, while SKYT shares have lost 5.8%. For SKYT, the one-month plunge indicates that there is more upside left in the stock, whereas for MRVL, much of the demand and growth have already been priced in. Image Source: Zacks Investment Research In terms of valuation, MRVL's current forward 12-month P/S ratio of 6.61X is way ahead of SKYT's 1.17X. This makes SkyWater a relatively cheap stock. SKYT's Value Score of B further reinforces an attractive valuation for the stock at the moment, making it a great pick for a value investor. MRVL currently has a Value Score of D. Image Source: Zacks Investment Research SkyWater offers a stronger investment case heading into 2025, driven by steady momentum in new product adoption, expanding quantum partnerships and its upcoming Fab 25 acquisition. The company's shift from legacy programs to advanced platforms like ThermaView is unlocking new revenue streams while supporting long-term growth in sectors like Marvell Technology continues to benefit from AI-driven data center growth, its lower-margin custom silicon and ongoing segment softness may weigh on profitability. In contrast, SkyWater's leaner valuation, improving revenue mix and high-growth potential in underpenetrated markets make it a more compelling pick for value-focused, long-term currently sports a Zacks Rank #1 (Strong Buy), while MRVL has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank stocks here. 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 Marvell Technology, Inc. (MRVL) : Free Stock Analysis Report SkyWater Technology, Inc. (SKYT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
Is It Worth Investing in SkyWater Technology (SKYT) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about SkyWater Technology, Inc. (SKYT). SkyWater Technology currently has an average brokerage recommendation (ABR) of 1.60, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by five brokerage firms. An ABR of 1.60 approximates between Strong Buy and Buy. Of the five recommendations that derive the current ABR, three are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 60% and 20% of all recommendations. Check price target & stock forecast for SkyWater Technology here>>>While the ABR calls for buying SkyWater Technology, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide. On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns. There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. In terms of earnings estimate revisions for SkyWater Technology, the Zacks Consensus Estimate for the current year has increased 20.8% over the past month to -$0.01. Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for SkyWater Technology. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Therefore, the Buy-equivalent ABR for SkyWater Technology may serve as a useful guide for investors. 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 Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
16-05-2025
- Business
- Yahoo
Is SkyWater Technology (SKYT) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about SkyWater Technology, Inc. (SKYT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. SkyWater Technology currently has an average brokerage recommendation (ABR) of 1.60, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by five brokerage firms. An ABR of 1.60 approximates between Strong Buy and Buy. Of the five recommendations that derive the current ABR, three are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 60% and 20% of all recommendations. Check price target & stock forecast for SkyWater Technology here>>>While the ABR calls for buying SkyWater Technology, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements. In terms of earnings estimate revisions for SkyWater Technology, the Zacks Consensus Estimate for the current year has increased 20.8% over the past month to -$0.01. Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for SkyWater Technology. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Therefore, the Buy-equivalent ABR for SkyWater Technology may serve as a useful guide for investors. 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 Report This article originally published on Zacks Investment Research ( Zacks Investment Research
