SKYH Stock Forecast & Price Target

Sky Harbour Group Corp is positioned for significant growth within the private aviation sector, driven by an anticipated surge in demand for its well-amenitized hangars as supply remains limited. The company's projected revenue increase over the next three years is supported by strong operating leverage, with EBITDA expected to grow 471% year-over-year, signaling improved margins and efficiency. Additionally, Sky Harbour's ability to stabilize new developments more rapidly due to established market presence and pre-leasing efforts enhances its financial outlook and market recognition among private aviation clients.

Sky Harbour Group Corp reported an adjusted EBITDA of ($2.3M) for 3Q25, which was $0.7M below estimates and $1.2M lower than broader market expectations, indicating significant variability in financial performance. The company is also grappling with rising inflationary pressures and construction costs that could negatively impact development budgets and the overall economics of their capital-intensive projects. Despite a noteworthy increase in the US business aviation fleet size over the past decade, the lagging pace of hangar construction relative to demand raises concerns about Sky Harbour's ability to generate consistent returns for investors.