Skyx Platforms Corp. (SKYX)
NASDAQ:SKYX
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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)1.97M
Market Cap
$151.97M
Enterprise Value$129.91M
Total Cash (Recent Filing)$30.26M
Total Debt (Recent Filing)$37.28M
Price to Earnings (P/E)―
Beta1.85
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. Volume1,800,743
30 Day Avg. Volume1,966,679
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 Cap0.85
Enterprise Value/Revenue1.38
Enterprise Value/Gross Profit4.52
Enterprise Value/Ebitda-4.88
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)$107.97M
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthNine consecutive quarters of YoY revenue growth and a 10% increase in Q1 2026 indicate durable product adoption and expanding commercial traction. Persistent top-line momentum supports operational leverage, helps absorb fixed costs, and strengthens the company's path to scale and margin improvement over months.
Strengthened Cash RunwayA more than threefold increase in cash provides a meaningful runway to execute growth initiatives and reach management's cash-flow-positive 2026 target. Improved liquidity reduces near-term refinancing risk and gives time to scale retail, B2B deployments, and product rollouts without immediate dilution.
Strategic Partners, Channels And Manufacturing OptionsSignificant B2B agreements and global project pipeline expand addressable markets and validate product fit for hotels and developers. Combined with multi-region manufacturing partners and retail distribution plans, this supports scalable unit economics and diversified revenue streams over the medium term.
Bears Say
Negative Operating And Free Cash FlowSustained negative operating and free cash flow means the business still consumes cash to run and grow. That creates dependency on external capital if losses persist, limits reinvestment flexibility, and increases dilution or refinancing risk unless scale and margin progress materialize as planned.
Continued Net Losses And Weak ProfitabilityLarge operating and net losses indicate the company has not yet converted revenue growth into sustainable profitability. Continued negative margins suppress return metrics, strain equity value, and mean business viability depends on scaling sales and improving gross/operating margins over coming quarters.
Slow Regulatory Adoption And Timing UncertaintyDependence on industry standardization and code adoption for licensing and large-scale installs creates structural timing risk. Even with partnerships, slow regulatory progress can delay widespread mandated demand and licensing revenue, stretching the timeline to realize the company’s long-term TAM.
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 $151.97M.
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 64 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
Neutral
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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
Neutral
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.30%
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. 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
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
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Ownership Overview
20.62% Insiders
4.74% Mutual Funds
8.48% Other Institutional Investors
60.43% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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