SkyWater Technology Shares Surge 3.98% on July 21 Amid Analyst Estimates

Shares of SkyWater Technology Inc surged 3.98% on Jul 21, reaching an intraday high of $11.24. The stock is now 42.32% below its 52-week high of $19.00 and 94.67% above its 52-week low of $5.63. Analysts forecast an average target price of $11.00, implying a 0.36% upside from the current price of $10.96.

SkyWater Technology Inc. (SKYT) shares surged by 3.98% on July 21, reaching an intraday high of $11.24. This significant increase comes amidst a backdrop of strong analyst ratings and anticipation for the company's upcoming second-quarter financial results. Currently, the stock is trading 42.32% below its 52-week high of $19.00 and 94.67% above its 52-week low of $5.63.

Analysts are bullish on SkyWater Technology, with four out of four analysts rating the stock as a "Strong Buy." The average price target set by these analysts is $11.75, suggesting an 11.48% upside from the current price of $10.96 [3].

SkyWater Technology's growth has been driven by strategic acquisitions and a focus on critical semiconductor technologies. The company recently completed the acquisition of Infineon's Fab 25, expanding its U.S. foundry capacity. This acquisition aligns with the company's strategic goal of increasing domestic semiconductor production, a priority for the U.S. government [1].

Additionally, SkyWater Technology is expected to announce its second-quarter financial results on August 6, 2025. The company will host a webcast following the release to discuss its financial performance and business operations. Investors are encouraged to tune in to gain insights into the company's ongoing growth and strategic initiatives [2].

SkyWater Technology's unique Technology as a Service (TaaS) model and its focus on secure, U.S.-made semiconductors have positioned it as a key player in the semiconductor industry. The company's ability to accelerate production for a wide range of technological innovations, including quantum computing, has further cemented its role in advancing semiconductor technologies [1].

In conclusion, SkyWater Technology Inc. (SKYT) shares have shown strong performance, driven by analyst optimism and strategic acquisitions. The upcoming earnings announcement and webcast provide an opportunity for investors to assess the company's financial health and growth prospects.

References:
[1] https://stockanalysis.com/stocks/skyt/
[2] https://www.gurufocus.com/news/2982410/skywater-technology-to-announce-second-quarter-financial-results-on-august-6-2025-skyt-stock-news
[3] https://www.tipranks.com/stocks/skyt/forecast