Is it good time to buy SKYT stocks Now and IS IT growth and undervalued stocks now? What are their current rates and P/E now?

SkyWater Technology (SKYT) presents a promising investment opportunity, and here's why:

1. Strong Future Growth Prospects: SkyWater is forecasted to grow earnings and revenue significantly, with an expected annual growth rate of 63.6% for earnings and 9.2% for revenue. The EPS is also projected to grow by 49.2% per annum. This indicates a strong future performance, which could lead to increased investor confidence and potential stock price appreciation.
2. Recent Positive Performance: SkyWater's stock has already seen a 22.6% increase over the past month, outperforming the Zacks Computer and Technology sector and the S&P 500 index. This recent outperformance suggests that the market may be recognizing the company's potential and rewarding it with a higher stock price.
3. Strategic Acquisitions and Partnerships: The company's acquisition of Infineon's Fab 25 is expected to boost revenue growth, particularly in Wafer Services and Advanced Technology Services (ATS) segments. This strategic move is likely to enhance the company's domestic semiconductor capacity and diversify its revenue streams.
4. Thermal Imaging Solutions Growth: The launch of ThermaView Solutions has been a key driver of growth, with Wafer Services revenues surging 70% sequentially in the first quarter of 2025. This demonstrates the success of the company's new product platform and its potential for further growth.
5. Analyst Coverage and Price Target: Despite the positive outlook, analyst coverage is currently low, and the price target has been decreased by 13% to $11.00. This could present a buying opportunity at a potentially undervalued price point.

In conclusion, SkyWater Technology shows strong growth potential and has recently demonstrated robust performance. The strategic acquisitions and product launches position the company well for future success. While the stock may have experienced a recent rally, the overall growth prospects and potential for further appreciation suggest that it could be a good time to consider investing in SkyWater Technology stocks.