Noble Financial Expects Weaker Earnings for SKYX Platforms

Key Points

• Analysts at Noble Financial have lowered their Q3 2025 EPS estimate for SKYX Platforms to ($0.08), reflecting a decrease from the previous estimate of ($0.07).
• In a separate research note, Wall Street Zen downgraded SKYX Platforms from a "hold" rating to a "sell" rating on August 2nd.
• Institutional investors have recently increased their stakes in SKYX Platforms, with notable acquisitions by firms like Invesco and MIRAE ASSET GLOBAL ETFS HOLDINGS during the second quarter.

SKYX Platforms Corp. (NASDAQ:SKYX - Free Report) - Analysts at Noble Financial lowered their Q3 2025 EPS estimates for shares of SKYX Platforms in a research report issued to clients and investors on Thursday, August 14th. Noble Financial analyst P. Mccann now forecasts that the company will post earnings of ($0.08) per share for the quarter, down from their prior estimate of ($0.07). The consensus estimate for SKYX Platforms' current full-year earnings is ($0.34) per share. Noble Financial also issued estimates for SKYX Platforms' Q4 2025 earnings at ($0.06) EPS and FY2025 earnings at ($0.31) EPS.

Separately, Wall Street Zen cut shares of SKYX Platforms from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat.com, SKYX Platforms presently has an average rating of "Strong Buy" and an average price target of $2.00.

SKYX Platforms Trading Up 4.3%

Shares of NASDAQ:SKYX traded up $0.05 during mid-day trading on Monday, reaching $1.20. The company had a trading volume of 459,834 shares, compared to its average volume of 457,099. The firm has a market cap of $133.74 million, a price-to-earnings ratio of -3.33 and a beta of -3,533.92. The company's 50-day moving average price is $1.11 and its 200-day moving average price is $1.25. SKYX Platforms has a one year low of $0.8001 and a one year high of $2.1350.

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Intech Investment Management LLC purchased a new position in shares of SKYX Platforms during the 2nd quarter valued at $32,000. Barclays PLC grew its position in shares of SKYX Platforms by 3,081,100.0% during the 4th quarter. Barclays PLC now owns 30,812 shares of the company's stock valued at $36,000 after purchasing an additional 30,811 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of SKYX Platforms by 100.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 31,892 shares of the company's stock valued at $36,000 after purchasing an additional 15,946 shares in the last quarter. Invesco Ltd. purchased a new position in shares of SKYX Platforms during the 2nd quarter valued at $34,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of SKYX Platforms during the 2nd quarter valued at $35,000. 11.79% of the stock is currently owned by hedge funds and other institutional investors.

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.