Roth Capital Weighs in on SKYX Platforms Q1 Earnings

Key Points

• Roth Capital analysts forecast SKYX Platforms will report a Q1 2026 earnings per share of ($0.06) with a full-year estimate of ($0.34) per share, maintaining a "Strong-Buy" rating on the stock.
• Other analysts have varying ratings, with Litchfield Hills Research issuing a "buy" rating with a $5.00 price target, while Wall Street Zen and Weiss Ratings have rated it a "sell."
• As of Monday, SKYX Platforms stock was trading at $1.37, having a market capitalization of approximately $154.19 million and significant fluctuations in its market performance over the last year.

SKYX Platforms Corp. (NASDAQ:SKYX - Free Report) - Equities researchers at Roth Capital issued their Q1 2026 earnings per share estimates for shares of SKYX Platforms in a research report issued to clients and investors on Friday, October 17th. Roth Capital analyst T. Hayes anticipates that the company will post earnings per share of ($0.06) for the quarter. Roth Capital currently has a "Strong-Buy" rating on the stock. The consensus estimate for SKYX Platforms' current full-year earnings is ($0.34) per share. Roth Capital also issued estimates for SKYX Platforms' Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.03) EPS and Q4 2026 earnings at ($0.02) EPS.

Other equities research analysts have also recently issued reports about the company. Litchfield Hills Research assumed coverage on SKYX Platforms in a research note on Friday. They set a "buy" rating and a $5.00 price objective for the company. Zacks Research raised SKYX Platforms to a "hold" rating in a research note on Monday, September 15th. Wall Street Zen cut SKYX Platforms from a "hold" rating to a "sell" rating in a research note on Friday, September 26th. Finally, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of SKYX Platforms in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, SKYX Platforms presently has an average rating of "Moderate Buy" and a consensus price target of $5.00.

SKYX Platforms Stock Performance

NASDAQ SKYX opened at $1.37 on Monday. The stock has a fifty day moving average of $1.20 and a 200-day moving average of $1.17. The stock has a market capitalization of $154.19 million, a P/E ratio of -3.81 and a beta of -3,723.67. SKYX Platforms has a 52 week low of $0.88 and a 52 week high of $2.14.

SKYX Platforms (NASDAQ:SKYX - Get Free Report) last released its earnings results on Tuesday, August 12th. The company reported ($0.08) EPS for the quarter, meeting the consensus estimate of ($0.08). The company had revenue of $23.10 million during the quarter, compared to analysts' expectations of $22.95 million. SKYX Platforms had a negative return on equity of 3,407.81% and a negative net margin of 41.24%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Intech Investment Management LLC acquired a new position in SKYX Platforms in the second quarter valued at about $32,000. Invesco Ltd. acquired a new position in SKYX Platforms in the second quarter valued at about $34,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in SKYX Platforms in the second quarter valued at about $35,000. Wealth Enhancement Advisory Services LLC grew its stake in SKYX Platforms by 100.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 31,892 shares of the company's stock valued at $36,000 after acquiring an additional 15,946 shares during the period. Finally, Private Advisor Group LLC grew its stake in SKYX Platforms by 33.9% in the first quarter. Private Advisor Group LLC now owns 39,500 shares of the company's stock valued at $45,000 after acquiring an additional 10,000 shares during the period. 11.79% of the stock is owned by institutional investors and hedge funds.

About SKYX Platforms

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. It also provides universal power-plugs and receptacle products.

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