SkyWater Technology Inc (SKYT)

SkyWater Technology's stock has been impacted by the acquisition of Infineon's Fab 25, which is expected to contribute approximately $300 million in annual Wafer Services revenues. The company reported strong financial results, with second-quarter 2025 revenues increasing by 34% and record third-quarter 2025 results. The stock has seen substantial growth, with its share price on January 9, 2026, at $29.58, marking a 148.15% increase from January 10, 2025. Analysts have issued a "Moderate Buy" consensus rating for SkyWater Technology, with an average 12-month price target of $21.50, and the company has reaffirmed its guidance for $600 million in sales for 2026.

Demand for SkyWater Technology's products and services can be "lumpy," causing revenue to fluctuate across different quarters. The semiconductor foundry market is cyclical, and a general softening of the market could lead to decreased utilization of SkyWater's manufacturing capacity. However, the company experienced accelerated demand from aerospace and defense programs in Q1 FY2023.

SkyWater Technology, Inc. (SKYT) is a U.S.-based, independent, pure-play technology foundry operating within the Technology sector and Semiconductors industry, employing a "Technology as a Service" (TaaS) model. It offers advanced semiconductor development and manufacturing services, including Advanced Technology Services (ATS) and Wafer Services. The company's technological capabilities encompass various technologies, and it serves diverse high-growth markets.

SkyWater Technology is headquartered in Bloomington, Minnesota, and operates fabrication facilities in Bloomington, Minnesota, and Osceola, Florida. On June 30, 2025, SkyWater expanded its footprint by acquiring Infineon's Fab 25 in Austin, Texas.

SkyWater Technology has maintained a strong brand reputation due to its strategic importance to the U.S. semiconductor supply chain and its DMEA-accredited Category 1A Trusted Supplier status. Collaborations, such as with Efabless and Google, and the acquisition of Infineon's Fab 25, further enhance its reputation. Despite positives, the company has faced stock volatility and past disappointments, with earnings projected to decline in the next three years, although revenue is forecast to grow.

SkyWater Technology's ownership is distributed among institutional, insider, and individual shareholders. Institutional investors hold a significant portion, with 45.98% to 51.36% of the shares. Insider ownership is notably high at 183.06%, with Loren A. Unterseher being the largest individual shareholder. Individual shareholders account for 28.70% of the ownership.