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Equity Research
SKYH
Sky Harbour Stock Analysis: Valuation, Leverage, Cash Burn & Growth
Jun 9, 2026
Sky Harbour Group Corp. (SKYH) earns a SELL rating as its valuation already prices in a successful lease-up while profitability and cash generation remain weak. The company’s long-duration rental model supports growth, but $555.9M of debt and negative levered free cash flow make execution and refinancing the key risks.
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