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SKYX Stock Chart & Stats
$1.26
<$0.01(0.88%)
At close: 4:00 PM EDT
$1.26
<$0.01(0.88%)
Day’s Range― - ―
52-Week Range$0.95 - $3.29
Previous CloseN/A
Volume1.02M
Average Volume (3M)744.64K
Market Cap
$130.03M
Enterprise Value$171.22M
Total Cash (Recent Filing)$25.66M
Total Debt (Recent Filing)$34.05M
Price to Earnings (P/E)―
Beta2.29
Next Earnings
Nov 17, 2026EPS Estimate
-0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.28
Shares Outstanding135,431,000
10 Day Avg. Volume705,486
30 Day Avg. Volume744,639
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 Cap1.32
Enterprise Value/Revenue1.78
Enterprise Value/Gross Profit5.89
Enterprise Value/Ebitda-6.61
Forecast
1Y Price Target
$5.00Price Target Upside296.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.23
Revenue Forecast (FY)$106.82M
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthRepeated year-over-year revenue growth indicates expanding adoption rather than a single-period benefit. Continued top-line momentum can improve operating leverage, support broader customer penetration, and provide a stronger base for scaling the platform over the next several quarters.
Strategic Deako MergerDeako adds complementary products, builder access, and intellectual property to SKYX’s existing platform, creating a broader smart-building offering. If integration is effective, the combined portfolio could increase deployment opportunities and support recurring revenue across residential, commercial, and hotel markets.
Large Deployment PipelineA pipeline of this scale provides a visible pathway for future volume growth and demonstrates commercial interest in SKYX’s platform. Converting announced projects into shipments could increase revenue scale, improve utilization, and strengthen the company’s position with builders and hospitality customers.
Bears Say
Persistent Operating LossesDeep operating and net losses show that current revenue scale is not yet producing sustainable profitability. Negative operating cash flow also means growth continues to require funding, limiting financial flexibility and making the path to durable self-funded expansion dependent on substantial execution improvement.
Leverage And Financial FlexibilityDebt remains substantial relative to the equity base, constraining capital allocation while the business is still loss-making. Interest obligations and refinancing needs can reduce resources available for product development and deployments, leaving the company more exposed if cash-flow improvement takes longer than planned.
Regulatory And Execution RiskDependence on external approvals can delay commercialization of Gen 3 and the revenue associated with it. Phased project timing adds another execution hurdle: shipment slippage or approval delays could postpone pipeline conversion, weaken near-term cash generation, and defer progress toward positive cash flow.
SKYX Platforms News
SKYX FAQ
What was SKYX Platforms’s price range in the past 12 months?
SKYX Platforms lowest stock price was $0.95 and its highest was $3.29 in the past 12 months.
What is SKYX Platforms’s market cap?
SKYX Platforms’s market cap is $130.03M.
When is SKYX Platforms’s upcoming earnings report date?
SKYX Platforms’s upcoming earnings report date is Nov 17, 2026 which is in 29 days.
How were SKYX Platforms’s earnings last quarter?
SKYX Platforms released its earnings results on Aug 12, 2026. The company reported -$0.06 earnings per share for the quarter, missing the consensus estimate of -$0.054 by -$0.006.
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 is -0.05.
How many shares outstanding does SKYX Platforms have?
SKYX Platforms has 135,431,000 shares outstanding.
What happened to SKYX Platforms’s price movement after its last earnings report?
SKYX Platforms reported an EPS of -$0.06 in its last earnings report, missing expectations of -$0.054. Following the earnings report the stock price went down -9.091%.
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
Underperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$5.00 (296.83% Upside)
$5.00 (296.83% Upside)
Blogger Sentiment
Neutral
SKYX Sentiment 50%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 12.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.15%
12-Months-Change
Fundamentals
Return on Equity
-299.98%
Trailing 12-Months
Asset Growth
15.00%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
SKYX Platforms
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 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed multiple concrete positives: double‑digit revenue growth (14% sequential, 10% YoY), a materially stronger cash position (cash up from $10.1M to $27.7M), reduced operating cash burn (~39% improvement), debt reduction, several major partnerships/licenses and a sizable unit pipeline. These operational and balance-sheet improvements outweigh the near-term headwinds (slight gross margin compression to 29%, continued negative operating cash flow though reduced, regulatory timing for Gen 3, and market seasonality). Management reiterated targets (100k units by year-end, cash-flow positive by exit‑2026) but some execution and regulatory risks remain.View all SKYX earnings summariesSKYX Stock 12 Month Forecast
Average Price Target
$5.00
▲(296.83% Upside)
Technical Analysis
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Ownership Overview
20.50% Insiders
4.99% Mutual Funds
0.74% Other Institutional Investors
70.39% Public Companies and
Individual Investors