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The latest announcement is out from SQL Technologies ( (SKYX) ).
On July 31, 2025, SKYX Platforms Corp. announced record pre-audited financial results for the second quarter of 2025, reporting revenues of $23.1 million, an increase from $20.1 million in the first quarter. This marks six consecutive quarters of revenue growth from Q1 2024 through Q2 2025. The company expects its products to be in 40,000 units by the end of Q2 2025 in the U.S. and Canada, leveraging its e-commerce platform and strategic investor support. SKYX aims to drive cash flow positivity in 2025 through upcoming product launches and recurring revenue opportunities.
The most recent analyst rating on (SKYX) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on SQL Technologies stock, see the SKYX Stock Forecast page.
Spark’s Take on SKYX Stock
According to Spark, TipRanks’ AI Analyst, SKYX is a Neutral.
The overall score is heavily influenced by the company’s poor financial performance, including high leverage and negative cash flows. Technical analysis also shows a bearish trend, further impacting the score negatively. Despite this, recent earnings call insights reveal strategic improvements and revenue growth, which slightly offsets the otherwise negative outlook.
To see Spark’s full report on SKYX stock, click here.
More about SQL Technologies
SKYX Platforms Corp. is a smart home platform technology company with a mission to make homes and buildings smart, safe, and advanced as the new standard. The company holds over 97 issued and pending patents globally and owns more than 60 lighting and home décor websites, focusing on both retail and commercial segments.
Average Trading Volume: 620,995
Technical Sentiment Signal: Sell
Current Market Cap: $111.2M
See more insights into SKYX stock on TipRanks’ Stock Analysis page.