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The latest update is out from SkyWater Technology ( (SKYT) ).
On June 30, 2025, SkyWater Technology, Inc. amended its Membership Interest Purchase Agreement with Spansion LLC, increasing the purchase price by $18 million and eliminating a $25 million payment tied to a supply agreement. This amendment was part of SkyWater’s acquisition of Spansion Fab 25, LLC, which involved acquiring assets related to Infineon Technologies AG’s fab in Austin, Texas. Additionally, SkyWater entered into an Amended and Restated Loan and Security Agreement with several lenders, establishing a $350 million revolving line of credit. This agreement aims to refinance existing debts, fund the acquisition, and support working capital and equipment needs. The transaction was completed on June 30, 2025, with a total purchase price of approximately $93 million paid in cash.
The most recent analyst rating on (SKYT) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on SkyWater Technology stock, see the SKYT Stock Forecast page.
Spark’s Take on SKYT Stock
According to Spark, TipRanks’ AI Analyst, SKYT is a Neutral.
SkyWater Technology’s overall stock score is driven primarily by its improving technical indicators and earnings call highlights, despite ongoing financial challenges and unattractive valuation. The positive technical momentum and strategic achievements are tempered by profitability issues and valuation concerns.
To see Spark’s full report on SKYT stock, click here.
More about SkyWater Technology
SkyWater Technology, Inc. operates in the semiconductor industry, focusing on the development and manufacturing of advanced semiconductor solutions. The company provides services related to the design, engineering, and production of semiconductor products, catering to various market needs.
Average Trading Volume: 692,846
Technical Sentiment Signal: Strong Buy
Current Market Cap: $478M
Find detailed analytics on SKYT stock on TipRanks’ Stock Analysis page.