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The latest update is out from SKYX Platforms ( (SKYX) ).
On December 30, 2025, SKYX Platforms Corp. raised $500,000 in gross proceeds through the sale of 20,000 shares of its Series A-2 preferred stock to one existing and one new strategic investor at $25 per share, under purchase agreements that include customary investor protections and registration rights; the company said it plans to use the funds for working capital and general corporate purposes, underscoring its reliance on preferred equity financing to support ongoing operations. Earlier, effective December 23, 2025, the company amended its certificate of designation to increase the authorized Series A-2 preferred stock from 40,000 to 160,000 shares, significantly expanding its capacity to issue additional preferred shares and potentially providing greater flexibility for future capital raises that could affect ownership structure and investor dynamics.
The most recent analyst rating on (SKYX) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on SKYX Platforms stock, see the SKYX Stock Forecast page.
Spark’s Take on SKYX Stock
According to Spark, TipRanks’ AI Analyst, SKYX is a Neutral.
SKYX Platforms’ overall stock score is primarily impacted by its weak financial performance, characterized by high leverage and ongoing losses. Positive technical indicators and a strong earnings call provide some optimism, but the challenging valuation and financial instability weigh heavily on the score.
To see Spark’s full report on SKYX stock, click here.
More about SKYX Platforms
Average Trading Volume: 866,757
Technical Sentiment Signal: Buy
Current Market Cap: $246.8M
For detailed information about SKYX stock, go to TipRanks’ Stock Analysis page.