Added to YB: 2025-07-16
Pitch date: 2025-05-29
SKYH [bearish]
Sky Harbour Group Corporation
+7.6%
current return
Author Info
No bio for this author
Company Info
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States.
Market Cap
$324.6M
Pitch Price
$10.40
Price Target
5.15 (-46%)
Dividend
N/A
EV/EBITDA
-78.11
P/E
-24.20
EV/Sales
28.76
Sector
Transportation Infrastructure
Category
N/A
Sky Harbour Group Corporation - $SKYH (short)
SKYH short: Trading at 2.1% cap rate on stabilized NOI, implying untenable economics with $15/sqft NOI vs bull case of $50/sqft. Facing execution issues, $100M+ funding gap, and rising construction costs. SHC project cost overruns and insufficient cash to complete current projects. NOI data contradicts bull thesis. Imminent dilutive equity raise is catalyst.
Read full article (12 min)