Skyx Platforms Corp. (SKYX)
NASDAQ:SKYX
Want to see SKYX full AI Analyst Report?
SKYX Stock Chart & Stats
$1.17
-$0.12(-8.00%)
At close: 4:00 PM EST
$1.17
-$0.12(-8.00%)
Day’s Range― - ―
52-Week Range$0.96 - $3.29
Previous CloseN/A
Volume410.65K
Average Volume (3M)1.76M
Market Cap
$139.86M
Enterprise Value$117.86M
Total Cash (Recent Filing)$30.26M
Total Debt (Recent Filing)$36.10M
Price to Earnings (P/E)―
Beta1.88
Next Earnings
Aug 06, 2026EPS Estimate
-0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.30
Shares Outstanding134,484,090
10 Day Avg. Volume1,305,886
30 Day Avg. Volume1,760,058
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 Cap0.84
Enterprise Value/Revenue1.25
Enterprise Value/Gross Profit4.10
Enterprise Value/Ebitda-4.60
Forecast
1Y Price Target
$4.50Price Target Upside284.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.23
Revenue Forecast (FY)$108.50M
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthNine consecutive quarters of year-over-year revenue growth shows durable demand and expanding product adoption across channels. Sustained top-line momentum improves scale economics, supports fixed-cost absorption and creates a clearer path to leverage modest margin gains into operating leverage as volume grows.
Material Cash Position ImprovementA large increase in cash provides multi-quarter runway to execute scale-up initiatives and fund product launches without immediate financing. Improved liquidity reduces short-term solvency risk, allowing management to pursue manufacturing scale, retail rollouts and AI investments while targeting cash-flow positivity in 2026.
Platform Partnerships & DistributionStrategic developer partnerships, big-box distribution and manufacturing options build a durable go-to-market and scaling capability. Combined channel wins, licensing agreements and multi-supplier production capacity strengthen market position and raise the potential for recurring and licensed revenue streams over time.
Bears Say
Ongoing Negative Cash FlowPersistent negative operating and free cash flow means the business is not yet self-sustaining and remains dependent on external capital until sustained profitability. This undermines financial resilience, can dilute shareholders with future funding and constrains reinvestment if losses persist.
Continued UnprofitabilityMaterial operating and net losses indicate the company has not converted revenue growth into sustainable profitability. Without durable operating margin expansion, returns on capital remain poor, limiting the firm's ability to self-fund growth and increasing execution risk for scaling investments.
Slow Regulatory StandardizationDependence on regulatory standardization and slow code adoption delays the addressable market for mandated installs and licensing revenue. Protracted timelines reduce the predictability of large-scale adoption and make revenue realization contingent on external regulatory progress beyond management's control.
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 $0.96 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 $139.86M.
When is Skyx Platforms Corp.’s upcoming earnings report date?
Skyx Platforms Corp.’s upcoming earnings report date is Aug 06, 2026 which is in 40 days.
How were Skyx Platforms Corp.’s earnings last quarter?
Skyx Platforms Corp. released its earnings results on May 11, 2026. The company reported -$0.07 earnings per share for the quarter, missing the consensus estimate of -$0.063 by -$0.007.
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 is -0.05.
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?
Skyx Platforms Corp. reported an EPS of -$0.07 in its last earnings report, missing expectations of -$0.063. Following the earnings report the stock price went down -5.809%.
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
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$4.50 (284.62% Upside)
$4.50 (284.62% Upside)
Blogger Sentiment
Bullish
SKYX Sentiment 70%
Sector Average ―
Sector Average ―
Crowd Wisdom
Positive
Last 7 Days ▼ 4.1%
Last 30 Days ▲ 6.3%
Last 30 Days ▲ 6.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.00%
12-Months-Change
Fundamentals
Return on Equity
-432.85%
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
▲(284.62% Upside)
Technical Analysis
CBAK Energy Technology
―
Espey Mfg & Electronics
―
Ocean Power Technologies
―
Ultralife
―
Dragonfly Energy Holdings Corp
―
Ownership Overview
20.66% Insiders
4.89% Mutual Funds
8.48% Other Institutional Investors
60.18% Public Companies and
Individual Investors
Options Prices
Currently, No data available
---