SKYH Stock Forecast & Price Target

Sky Harbour Group Corp is poised for significant growth in the private aviation sector due to the projected increase in demand for well-amenitized hangars, particularly as the company expands its development efforts and enhances its market presence. The firm's revenue is expected to rise dramatically over the next three years, driven by strong leasing spreads and the stabilization of newly constructed hangars, which are anticipated to create robust cash flow. Additionally, the company's EBITDA is forecasted to grow by 471% year-over-year, highlighting improved margins and operational efficiency through a strategic focus on high-demand markets and an expanding client base.

Sky Harbour Group Corp reported a 3Q25 adjusted EBITDA of ($2.3 million), which was $0.7 million below estimates and indicates challenges in achieving consistent financial performance. The company is grappling with inflationary pressures and rising construction costs that could adversely affect its capital-intensive project budgets and economics. Additionally, despite a significant increase in the U.S. business aviation fleet's physical footprint, the lagging construction of hangars relative to demand raises concerns about the company's potential to generate sustainable returns for investors.