SKYX Platforms (SKYX) Projected to Post Earnings on Wednesday

Key Points

• SKYX Platforms is expected to report Q3 2026 results on November 11, with analysts forecasting a $0.05-per-share loss and revenue of $27.05 million.
• In its previous quarter, the company lost $0.06 per share, missing estimates by $0.01, while revenue of $25.27 million exceeded expectations of $24.07 million.
• Shares opened at $0.71, the stock’s 52-week low. Analysts’ consensus is “Moderate Buy,” with a $4.50 price target, although recent ratings range from Sell to Buy.

SKYX Platforms (NASDAQ:SKYX - Get Free Report) is anticipated to announce its Q3 2026 resultson Wednesday, November 11th. Analysts expect SKYX Platforms to post earnings of ($0.05) per share and revenue of $27.05 million for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, November 11, 2026 at 4:30 PM ET.

SKYX Platforms (NASDAQ:SKYX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The business had revenue of $25.27 million during the quarter, compared to analyst estimates of $24.07 million. On average, analysts expect SKYX Platforms to post ($0.21) EPS for the current fiscal year and ($0.11) EPS for the next fiscal year.

SKYX Platforms Stock Down 0.4%

SKYX stock opened at $0.71 on Wednesday. SKYX Platforms has a fifty-two week low of $0.71 and a fifty-two week high of $3.29. The business's 50 day moving average price is $1.13 and its two-hundred day moving average price is $1.37. The company has a debt-to-equity ratio of 2.60, a quick ratio of 1.28 and a current ratio of 1.46. The company has a market capitalization of $98.74 million, a price-to-earnings ratio of -2.66 and a beta of -3,623.05.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SKYX. Wall Street Zen upgraded SKYX Platforms from a "sell" rating to a "hold" rating in a research note on Saturday. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of SKYX Platforms in a research note on Thursday, October 15th. Finally, Lake Street Capital decreased their price objective on SKYX Platforms from $5.00 to $4.00 and set a "buy" rating for the company in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, SKYX Platforms presently has a consensus rating of "Moderate Buy" and a consensus price target of $4.50.

SKYX Platforms Company Profile

SKYX Platforms Corp. is a technology company focused on smart-home and smart-building solutions designed to make residential and commercial spaces safer, more connected and easier to automate. Its products are intended to simplify the installation and use of connected electrical and lighting systems, particularly in new construction and renovation projects.

The company develops and markets products such as smart plug-and-play electrical receptacles, ceiling outlet and lighting platforms, smart switches, fixtures and related technologies.

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