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Upturn AI SWOT - About
Skywater Technology Inc (SKYT)
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Upturn Advisory Summary
03/27/2025: SKYT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -40.42% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 372.44M USD | Price to earnings Ratio - | 1Y Target Price 12.6 |
Price to earnings Ratio - | 1Y Target Price 12.6 | ||
Volume (30-day avg) 685417 | Beta 3.38 | 52 Weeks Range 5.63 - 19.00 | Updated Date 03/27/2025 |
52 Weeks Range 5.63 - 19.00 | Updated Date 03/27/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.14 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -1.99% | Operating Margin (TTM) 3.52% |
Management Effectiveness
Return on Assets (TTM) 1.3% | Return on Equity (TTM) -4.05% |
Valuation
Trailing PE - | Forward PE 384.62 | Enterprise Value 430355805 | Price to Sales(TTM) 1.09 |
Enterprise Value 430355805 | Price to Sales(TTM) 1.09 | ||
Enterprise Value to Revenue 1.26 | Enterprise Value to EBITDA 17.04 | Shares Outstanding 47995100 | Shares Floating 24980478 |
Shares Outstanding 47995100 | Shares Floating 24980478 | ||
Percent Insiders 51.23 | Percent Institutions 28.22 |
Analyst Ratings
Rating 4 | Target Price 11.88 | Buy 2 | Strong Buy 1 |
Buy 2 | Strong Buy 1 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Skywater Technology Inc
Company Overview
History and Background
Skywater Technology Inc. was founded in 2017, tracing its roots back to Cypress Semiconductor's manufacturing operations. It's a US-based semiconductor foundry specializing in custom technology development and volume manufacturing.
Core Business Areas
- Foundry Services: Provides wafer fabrication and related services to customers designing custom chips. It focuses on specialty technologies like mixed-signal CMOS, rad-hard, and photonics.
- Technology Development: Develops and licenses custom process technologies to customers.
- Advanced Packaging: Provides advanced packaging solutions for integrated circuits.
Leadership and Structure
Thomas Sonderman is the CEO. Skywater operates with a functional organizational structure with teams dedicated to sales, engineering, manufacturing, and finance.
Top Products and Market Share
Key Offerings
- Mixed-Signal CMOS: Analog and mixed-signal CMOS process technologies for various applications including industrial, automotive, and medical. It's difficult to get specific revenue attributable to only this process. Competition comes from other specialty foundries like Tower Semiconductor (acquired by Intel) and GlobalFoundries.
- Rad-Hard ICs: Radiation-hardened integrated circuits for space and defense applications. Data is limited but this is a high margin product. Competitors include BAE Systems and Microchip Technology (MCHP).
- Photonics: Silicon photonics manufacturing services for high-speed data communication and sensing. Estimates have revenue contribution from this product growing significantly over the next few years. Competitors include GlobalFoundries and imec.
Market Dynamics
Industry Overview
The semiconductor foundry market is characterized by intense competition and rapid technological advancements. Demand is driven by growth in electronics, automotive, IoT, and AI. There's a trend towards specialization in certain niches.
Positioning
Skywater is positioned as a US-based pure-play foundry focusing on specialty technologies and custom solutions. This differentiates it from larger competitors like TSMC and Samsung, which focus on leading-edge technologies.
Total Addressable Market (TAM)
The specialty foundry TAM is estimated in the tens of billions of dollars. Skywater is positioned to address a portion of this TAM by focusing on specific technologies and applications where it has a competitive advantage.
Upturn SWOT Analysis
Strengths
- US-based manufacturing
- Specialty technology focus
- Custom solution offerings
- Strong relationships with government agencies
Weaknesses
- Smaller scale compared to major foundries
- Limited geographic presence
- Higher cost structure compared to some competitors
- Dependence on a limited number of large customers
Opportunities
- Increasing demand for specialty semiconductors
- Government incentives for domestic chip manufacturing (CHIPS Act)
- Expanding into new markets and applications
- Strategic partnerships with fabless companies
Threats
- Intense competition from larger foundries
- Economic downturn affecting demand for semiconductors
- Technological obsolescence
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- GlobalFoundries (GFS)
- Tower Semiconductor (TSEM - acquired by Intel)
- TSMC (TSM)
Competitive Landscape
Skywater competes by offering customized solutions and focusing on niche markets. It is much smaller than the leaders in the industry.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Skywater has experienced moderate revenue growth in recent years, driven by increased demand for its foundry services.
Future Projections: Analysts project continued revenue growth driven by government incentives and increased adoption of its specialty technologies.
Recent Initiatives: Recent initiatives include expanding manufacturing capacity, investing in R&D, and securing government contracts.
Summary
Skywater Technology is a niche US-based foundry focused on specialty technologies, benefiting from government support and growing demand in specific sectors. It faces competition from larger foundries and needs to efficiently manage its capital expenditures to sustain growth. While revenues are increasing and it has positive cashflow, it struggles to improve profitability due to being a small player in the semiconductor market.
Similar Companies
- GFS
- MCHP
- TXN
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market data can change rapidly, and actual results may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Skywater Technology Inc
Exchange NASDAQ | Headquaters Bloomington, MN, United States | ||
IPO Launch date 2021-04-21 | CEO & Director Mr. Thomas J. Sonderman | ||
Sector Technology | Industry Semiconductors | Full time employees 702 | |
Full time employees 702 | |||
SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that offers semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers for various microelectronics and related micro- and nanotechnology applications; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the advanced computation, aerospace and defense, automotive, bio-health, and industrial sectors. SkyWater Technology, Inc. was incorporated in 2016 and is headquartered in Bloomington, Minnesota.
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