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Sky Harbour Group ( (SKYH) ) has provided an update.
On January 8, 2026, Sky Harbour Capital II LLC, a subsidiary of Sky Harbour Group, amended its draw down note purchase and covenant agreement with a lender group led by JPMorgan Chase to define conditions under which surplus funds can be released to borrowers and used for specified corporate purposes, and added subsidiaries owning hangar campuses at Camarillo Airport and Bradley International Airport to the borrowing base. That same day, the subsidiary drew about $13 million under the facility to reimburse prior capital expenditures at Bradley and for general corporate purposes, leaving roughly $187 million of remaining borrowing capacity, while a related guaranty by Sky Harbour Holdings III LLC was amended to govern how excess revenues from an existing master trust may be released and used, including for approved hangar project construction, subject to coverage ratio tests, minimum account balances, timing triggers beginning no earlier than January 1, 2027, and the absence of defaults. On January 12, 2026, the company also announced it had filed a preliminary limited offering memorandum for a planned $100 million, five-year tax‑exempt bond offering by Sky Harbour Capital III and provided updated hangar occupancy statistics, signaling continued efforts to expand and finance its airport hangar portfolio while tightening the framework for distributing surplus cash within its capital structure.
The most recent analyst rating on (SKYH) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Sky Harbour Group stock, see the SKYH Stock Forecast page.
Spark’s Take on SKYH Stock
According to Spark, TipRanks’ AI Analyst, SKYH is a Neutral.
Sky Harbour Group’s overall stock score is driven by its financial challenges, including high leverage and negative profitability, which weigh heavily on the score. Despite positive sentiment from the earnings call and strategic growth initiatives, technical indicators and valuation metrics are weak, limiting the overall score.
To see Spark’s full report on SKYH stock, click here.
More about Sky Harbour Group
Sky Harbour Group Corporation operates through subsidiaries to develop, own and manage private aviation hangar campuses at airports across the United States, generating revenue from long-term hangar occupancy and related services for business and general aviation customers.
Average Trading Volume: 109,794
Technical Sentiment Signal: Sell
Current Market Cap: $718.5M
For detailed information about SKYH stock, go to TipRanks’ Stock Analysis page.