Want to see SKYX full AI Analyst Report?
SKYX Stock Chart & Stats
$1.15
<$0.01(0.88%)
At close: 4:00 PM EDT
$1.15
<$0.01(0.88%)
Day’s Range― - ―
52-Week Range$0.95 - $3.29
Previous CloseN/A
Volume1.02M
Average Volume (3M)1.63M
Market Cap
$146.59M
Enterprise Value$164.64
Total Cash (Recent Filing)$30.26M
Total Debt (Recent Filing)$36.10M
Price to Earnings (P/E)―
Beta2.16
Next Earnings
Nov 17, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.30
Shares Outstanding134,484,090
10 Day Avg. Volume1,297,620
30 Day Avg. Volume1,632,177
Financial Highlights & Ratios
PEG Ratio0.61
Price to Book (P/B)573.36
Price to Sales (P/S)2.56
P/FCF Ratio-15.50
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$4.50Price Target Upside291.30% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.22
Revenue Forecast (FY)$108.50M
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthNine consecutive quarters of year-over-year revenue growth indicates durable demand adoption of the platform across channels. Sustained top-line expansion improves scale economics, supports fixed-cost absorption, and underpins a credible path to operating leverage over the next several quarters.
Improving Margins And Profitability TrajectoryConsistent ~30% gross margins with recent improvement show the product platform can sustain higher margins as volumes rise. Margin expansion combined with narrowed adjusted EBITDA and net losses suggests scalable unit economics, a durable driver of future profitability if retail and B2B scale continues.
Stronger Cash Position & Cash-Flow GuidanceA materially improved cash balance provides runway to execute retail rollouts, manufacturing scale-up, and AI/tech investments without immediate dilution. Management's target for 2026 cash-flow positivity, backed by stronger liquidity, materially reduces near-term financing risk if execution stays on track.
Bears Say
Negative Operating Cash Flow / Cash BurnPersistent negative operating and free cash flow means the business is still consuming cash to fund operations and investment. Unless revenue growth accelerates or margins expand further, the company may need external capital, which could dilute shareholders or constrain strategic investments over the medium term.
Persistent Net LossesLarge cumulative net losses indicate the company has not yet delivered sustainable profitability. Continued negative margins limit retained earnings, weaken return on equity, and raise execution risk: scaling revenue must substantially outpace operating costs to reach durable, self-sustaining profitability.
Slow Regulatory StandardizationThe business model partially depends on regulatory standardization and licensing for broad adoption and recurring revenue. Multi-year, uncertain code adoption timelines create structural timing risk for licensing-led growth and can delay large-scale, regulation-driven deployment and partner monetization.
SKYX Platforms News
SKYX FAQ
What was Skyx Platforms Corp.’s price range in the past 12 months?
Skyx Platforms Corp. lowest stock price was $0.95 and its highest was $3.29 in the past 12 months.
What is Skyx Platforms Corp.’s market cap?
Skyx Platforms Corp.’s market cap is $146.59M.
When is Skyx Platforms Corp.’s upcoming earnings report date?
Skyx Platforms Corp.’s upcoming earnings report date is Nov 17, 2026 which is in 100 days.
How were Skyx Platforms Corp.’s earnings last quarter?
Currently, no data Available
Is Skyx Platforms Corp. overvalued?
According to Wall Street analysts Skyx Platforms Corp.’s price is currently Undervalued.
Does Skyx Platforms Corp. pay dividends?
Skyx Platforms Corp. does not currently pay dividends.
What is Skyx Platforms Corp.’s EPS estimate?
Skyx Platforms Corp.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Skyx Platforms Corp. have?
Skyx Platforms Corp. has 134,484,090 shares outstanding.
What happened to Skyx Platforms Corp.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Skyx Platforms Corp.?
Currently, no hedge funds are holding shares in SKYX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
SKYX Platforms Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$4.50 (291.30% Upside)
$4.50 (291.30% Upside)
Blogger Sentiment
Bullish
SKYX Sentiment 100%
Sector Average ―
Sector Average ―
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 15.3%
Last 30 Days ▲ 15.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
1.75%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
23.39%
Trailing 12-Months
Company Description
Skyx Platforms Corp.
SKYX Platforms Corp. is dedicated to developing intelligent and secure platform technologies. Their initial product line simplifies the installation of items like light fixtures, ceiling fans, and other electrical devices, enabling them to easily plug into a ceiling's existing electrical outlet box. Furthermore, the company offers a more advanced, second-generation platform designed to significantly improve the safety and enhance the lifestyle experience in both homes and other buildings. SKYX's product offerings include various power-plugs, universal power-plug and receptacle systems, and a range of smart devices. Established in 2004, the company was formerly known as SQL Technologies Corp. before officially changing its name to SKYX Platforms Corp. in June 2022. Its operations are based in Pompano Beach, Florida.
SKYX Company Deck
SKYX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Overall the call emphasized clear operational momentum and financial improvements—double-digit revenue growth (10% YoY), materially stronger cash position (to $32M), improved gross profit (+16%) and margins (+2pp)—accompanied by meaningful partnerships, retail distribution gains, AI collaborations and a large B2B pipeline. Key negatives are that the company remains unprofitable (net and adjusted EBITDA losses), regulatory standardization and some executional initiatives (website AI rollout, broad retail in-store penetration) are still in progress, and industry headwinds in the new-build market create timing risk. On balance, the positive financial trends, cash runway, and sizable commercial opportunities outweigh the execution and timing risks described on the call.View all SKYX earnings summariesSKYX Stock 12 Month Forecast
Average Price Target
$4.50
▲(291.30% Upside)
Technical Analysis
CBAK Energy Technology
―
Espey Mfg & Electronics
―
Ocean Power Technologies
―
Ultralife
―
Dragonfly Energy Holdings Corp
―
Ownership Overview
20.65% Insiders
5.03% Mutual Funds
1.84% Other Institutional Investors
69.22% Public Companies and
Individual Investors