SKYH Stock Forecast & Price Target

Sky Harbour Group Corp is poised for significant growth as it develops and leases hangars, with projections indicating a 471% year-over-year increase in EBITDA, reaching $20.0 million, driven by improved operating margins and efficiency. The ongoing expansion in the private aviation sector, coupled with the increasing demand for well-amenitized hangars and the company’s proven ability to stabilize projects within a short time frame, contributes to a favorable business outlook. Additionally, the anticipated signing of more ground leases and revenue from new developments is expected to enhance market sentiment and further solidify the company’s position in the aviation infrastructure market.

Sky Harbour Group Corp reported an adjusted EBITDA of ($2.3 million) for 3Q25, which was $0.7 million lower than estimates and considerably underperformed against market expectations. The company is experiencing exposure to inflationary pressures and rising construction costs, which threaten to negatively impact development budgets and project economics in a heavily capital-intensive sector. Additionally, the significant lag in hangar construction relative to the growing demand from the U.S. business aviation fleet suggests a worrying imbalance, potentially limiting Sky Harbour's capacity to deliver consistent financial returns to investors.