SKYX Platforms (SKYX)
NASDAQ:SKYX
SKYX Stock Chart & Stats
$1.14
-$0.12(-8.00%)
At close: 4:00 PM EST
$1.14
-$0.12(-8.00%)
Day’s Range― - ―
52-Week Range$0.91 - $3.29
Previous CloseN/A
Volume410.65K
Average Volume (3M)1.02M
Market Cap
$149.27M
Enterprise Value$153.29M
Total Cash (Recent Filing)$8.05M
Total Debt (Recent Filing)$37.35M
Price to Earnings (P/E)―
Beta1.79
Next Earnings
May 20, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.08
Shares Outstanding133,281,110
10 Day Avg. Volume936,465
30 Day Avg. Volume1,020,774
Financial Highlights & Ratios
PEG Ratio0.64
Price to Book (P/B)573.36
Price to Sales (P/S)2.56
P/FCF Ratio-15.50
Enterprise Value/Market Cap1.03
Enterprise Value/Revenue1.67
Enterprise Value/Gross Profit5.51
Enterprise Value/Ebitda-6.09
Forecast
1Y Price Target
$4.50Price Target Upside294.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.2
Revenue Forecast (FY)$110.35M
Bulls Say, Bears Say
Bulls Say
Revenue & Margin ImprovementSustained top‑line growth with improving gross margin indicates the business is scaling product adoption and modestly improving unit economics. Over 2–6 months this supports path to operating leverage as fixed costs spread, improving prospects for eventual EBITDA convergence if growth continues.
Improved Liquidity And Lower BurnA material reduction in operating cash burn together with a recent $29M institutional raise materially extends runway and reduces near‑term refinancing risk. That durable liquidity improvement gives management time to execute retail rollouts and product scale initiatives without immediate funding pressure.
Large Deployment TargetsAmbitious, contract‑backed deployment targets across smart‑city and large projects create structural revenue upside and scale economies. If executed, multi‑project unit demand can drive recurring aftermarket and channel sales, materially shifting revenue mix and long‑term margin potential.
Bears Say
Weak Balance SheetNegative equity and meaningful debt levels limit financial flexibility and raise refinancing and dilution risk. Over the coming months, capital structure stress can increase cost of capital, constrain investment in distribution or inventory, and force non‑strategic financing decisions.
Persistent Cash BurnOngoing negative operating and free cash flow means the company remains reliant on external capital to fund growth. Even with improved burn, lack of self‑funding undermines sustainability: recurring losses can erode runway if growth or margin improvements underperform against expectations.
Execution & Concentration RiskHeavy dependence on legacy products leaves overall margins and recurring revenue limited until new categories scale. Large project and retail rollouts have variable timelines and are susceptible to construction and sourcing delays, so projected unit and margin gains may be delayed or diluted.
SKYX Platforms News
SKYX FAQ
What was SKYX Platforms’s price range in the past 12 months?
SKYX Platforms lowest stock price was $0.91 and its highest was $3.29 in the past 12 months.
What is SKYX Platforms’s market cap?
SKYX Platforms’s market cap is $149.27M.
When is SKYX Platforms’s upcoming earnings report date?
SKYX Platforms’s upcoming earnings report date is May 20, 2026 which is in 36 days.
How were SKYX Platforms’s earnings last quarter?
SKYX Platforms released its earnings results on Mar 26, 2026. The company reported -$0.08 earnings per share for the quarter, missing the consensus estimate of -$0.067 by -$0.013.
Is SKYX Platforms overvalued?
According to Wall Street analysts SKYX Platforms’s price is currently Undervalued.
Does SKYX Platforms pay dividends?
SKYX Platforms does not currently pay dividends.
What is SKYX Platforms’s EPS estimate?
SKYX Platforms’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does SKYX Platforms have?
SKYX Platforms has 133,281,110 shares outstanding.
What happened to SKYX Platforms’s price movement after its last earnings report?
SKYX Platforms reported an EPS of -$0.08 in its last earnings report, missing expectations of -$0.067. Following the earnings report the stock price went down -23.397%.
Which hedge fund is a major shareholder of SKYX Platforms?
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
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Analyst Consensus
Strong Buy
Average Price Target:
$4.50 (294.74% Upside)
$4.50 (294.74% Upside)
Blogger Sentiment
Bullish
SKYX Sentiment 100%
Sector Average ―
Sector Average ―
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
18.89%
12-Months-Change
Fundamentals
Return on Equity
-1158.25%
Trailing 12-Months
Asset Growth
-12.40%
Trailing 12-Months
Company Description
SKYX Platforms
SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed into a ceiling's electrical outlet box; and second-generation technology provides a platform that is designed to enhance safety and lifestyle of homes and other buildings. It offers power-plugs; universal power-plug and receptacle products; and smart products. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is headquartered in Pompano Beach, Florida.
SKYX Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized tangible progress: record quarterly and annual revenue, improved gross profit and margin expansion, a meaningful reduction in operating cash burn, new product category launches (Turbo Heater/SKYFAN), strategic partnerships (NVIDIA), and fresh institutional funding. Management provided ambitious deployment targets (100K+ retail units by end of 2026; ~1M units across major projects) and AI/e‑commerce initiatives that could materially boost conversion and margins. However, material risks remain: legacy business still dominates (>90% of revenue), the company is not yet cash flow positive (used $13M in operating cash in 2025), large project timelines and in‑store retail execution remain uncertain, and several promises rely on forward‑looking assumptions (AI uplift, mandatory safety standards). On balance, the highlights—improving financials, funding, product traction and partnerships—outweigh the lowlights, which are largely execution and timing risks rather than immediate operational failures.View all SKYX earnings summariesSKYX Stock 12 Month Forecast
Average Price Target
$4.50
▲(294.74% Upside)
Technical Analysis
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Ownership Overview
9.39% Insiders
4.07% Mutual Funds
1.43% Other Institutional Investors
80.42% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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