NASDAQ:SKYX SKYX Platforms (SKYX) Stock Forecast, Price & News $3.14 -0.10 (-3.09%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$3.10▼$3.2950-Day Range$3.08▼$3.8152-Week Range$1.35▼$7.78Volume128,137 shsAverage Volume137,241 shsMarket Capitalization$273.65 millionP/E RatioN/ADividend YieldN/APrice Target$15.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media SKYX Platforms MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside377.7% Upside$15.00 Price TargetShort InterestBearish2.76% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.71 out of 5 starsBusiness Services Sector268th out of 332 stocksElectric Lighting & Wiring Equipment Industry4th out of 4 stocks 3.5 Analyst's Opinion Consensus RatingSKYX Platforms has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, SKYX Platforms has a forecasted upside of 377.7% from its current price of $3.14.Amount of Analyst CoverageSKYX Platforms has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted2.76% of the float of SKYX Platforms has been sold short.Short Interest Ratio / Days to CoverSKYX Platforms has a short interest ratio ("days to cover") of 10.2, which indicates bearish sentiment.Change versus previous monthShort interest in SKYX Platforms has recently increased by 14.78%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSKYX Platforms does not currently pay a dividend.Dividend GrowthSKYX Platforms does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SKYX. Previous Next 2.2 News and Social Media Coverage News SentimentSKYX Platforms has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for SKYX Platforms this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for SKYX on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SKYX Platforms insiders have not sold or bought any company stock.Percentage Held by Insiders37.20% of the stock of SKYX Platforms is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 3.97% of the stock of SKYX Platforms is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of SKYX Platforms is -8.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of SKYX Platforms is -8.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSKYX Platforms has a P/B Ratio of 31.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SKYX Platforms (NASDAQ:SKYX) StockSKYX Platforms Corp. engages in the development of connected devices used in the installation of lighting fixtures and ceiling fans. It develops proprietary technology in the installation of electronics. The firm's first patented technology is the Power-Plug, which is designed for “plug and play“ installation of weight bearing electronics such as light fixtures, ceiling fans, and other electrical products into ceiling electrical outlet boxes. The company also offers the following products: Sky Plug & Receptacle, SkyHome Application, Sky Smart Plug & Receptacle, Sky Smart Plug and Play Ceiling Fans, Sky Smart Plug and Play Lighting, and Sky All-In-One Smart Platform. These products can be linked to the SkyHome Application that works with both iPhones and Android phones which can control features and specifications to include scheduling, voice control, safety and security features, lifestyle features, sound, lights, dimming, and emergency back-up battery through WIFI and BLE. The company was founded by Rani Roland Kohen on October 23, 2006 and is headquartered in Pompano Beach, FL.Read More Receive SKYX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SKYX Platforms and its competitors with MarketBeat's FREE daily newsletter. Email Address SKYX Stock News HeadlinesMay 30, 2023 | finance.yahoo.comAmerican Lighting Association (ALA) Former President and CEO Eric Jacobson Joins SKYX as Senior Product Standardization AdvisorMay 23, 2023 | finanznachrichten.deSKYX Platforms Corp. dba Sky Technologies: SKYX Set to Join Russell 2000 and Russell 3000 IndexesJune 6, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 23, 2023 | finance.yahoo.comSKYX Set to Join Russell 2000(R) and Russell 3000(R) IndexesMay 23, 2023 | finance.yahoo.comSKYX Set to Join Russell 2000(R) and Russell 3000(R) IndexesMay 23, 2023 | americanbankingnews.comReviewing SKYX Platforms (NASDAQ:SKYX) and Xenonics (OTCMKTS:XNNHQ)May 13, 2023 | marketwatch.com8-K: SKYX Platforms Corp.May 12, 2023 | finanznachrichten.deSKYX Platforms Corp. dba Sky Technologies: SKYX Reports First Quarter 2023 Financial ResultsJune 6, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 12, 2023 | finance.yahoo.comSKYX Reports First Quarter 2023 Financial ResultsMay 12, 2023 | finance.yahoo.comSKYX Platforms Corp.'s (NASDAQ:SKYX) largest shareholders are individual investors with 46% ownership, insiders own 34%May 7, 2023 | forbes.comAre Platform Businesses Eating The World?May 6, 2023 | americanbankingnews.comComparing Revolution Lighting Technologies (OTCMKTS:RVLT) & SKYX Platforms (NASDAQ:SKYX)May 6, 2023 | americanbankingnews.comCritical Comparison: SKYX Platforms (NASDAQ:SKYX) versus Lighting Science Group (OTCMKTS:LSCG)May 1, 2023 | finance.yahoo.comSKYX Now Owns Nearly Half of U.S. Lighting Websites After Closing Strategic Acquisition of a Company with $88M in Revenues and $4.3M in EBITDA in 2022April 27, 2023 | americanbankingnews.comWestpark Capital Initiates Coverage on SKYX Platforms (NASDAQ:SKYX)April 5, 2023 | finance.yahoo.comGreat news for SKYX Platforms Corp. (NASDAQ:SKYX): Insiders acquired stock in large numbers last yearMarch 31, 2023 | finanznachrichten.deSKYX Platforms Corp. dba Sky Technologies: SKYX Reports Fiscal Year 2022 Financial ResultsMarch 31, 2023 | finance.yahoo.comSKYX Reports Fiscal Year 2022 Financial ResultsMarch 9, 2023 | finanznachrichten.deSKYX Platforms Corp. dba Sky Technologies: SKYX Acquires a $5 Million Revenue Strategic, Profitable E-Commerce Lighting WebsiteMarch 9, 2023 | finance.yahoo.comSKYX Acquires a $5 Million Revenue Strategic, Profitable E-Commerce Lighting WebsiteMarch 2, 2023 | finance.yahoo.comWe Might See A Profit From SKYX Platforms Corp. (NASDAQ:SKYX) SoonFebruary 11, 2023 | fool.comBest Options Trading Platforms for February 2023February 11, 2023 | forbes.comBest Crypto Staking Platforms Of 2023February 7, 2023 | finance.yahoo.comSKYX Signs to Acquire Strategic Lighting E-Commerce Conglomerate with $86 Million in Revenues and 64 WebsitesJanuary 31, 2023 | finance.yahoo.comSKYX to Showcase its Revolutionary SkyPlug Smart for Ceilings at the NAHB International Builder's Show in Las Vegas, NVJanuary 13, 2023 | benzinga.comSKYX Wins 5 Technology Awards at the 2023 Consumer Electronics Show in Las VegasSee More Headlines SKYX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SKYX Company Calendar Last Earnings3/31/2023Today6/05/2023Next Earnings (Estimated)8/11/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electric lighting & wiring equipment Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:SKYX CUSIPN/A CIK1598981 Webwww.safetyquicklight.com Phone(855) 759-7584FaxN/AEmployees26Year FoundedN/APrice Target and Rating Average Stock Price Forecast$15.00 High Stock Price Forecast$15.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+377.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.35) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-27,070,000.00 Net Margins-66,240.00% Pretax Margin-66,137.14% Return on Equity-212.62% Return on Assets-54.71% Debt Debt-to-Equity Ratio1.18 Current Ratio2.56 Quick Ratio2.30 Sales & Book Value Annual Sales$30,000.00 Price / Sales9,121.70 Cash FlowN/A Price / Cash FlowN/A Book Value$0.10 per share Price / Book31.40Miscellaneous Outstanding Shares87,150,000Free Float54,733,000Market Cap$273.65 million OptionableNot Optionable Beta-2,468.43 Key ExecutivesJohn P. CampiChief Executive OfficerSteven Mark SchmidtPresidentPatricia Ann BarronChief Operations OfficerMarc-Andre BoisseauChief Financial & Accounting OfficerJonathan GlobersonVice President-Design & MarketingKey CompetitorsCareMaxNASDAQ:CMAXViant TechnologyNASDAQ:DSPBurning Rock BiotechNASDAQ:BNRRackspace TechnologyNASDAQ:RXTADS-TEC EnergyNASDAQ:ADSEView All CompetitorsInsiders & InstitutionsSkyView Investment Advisors LLCBought 15,946 shares on 5/18/2023Ownership: 0.018%State Street CorpBought 25,925 shares on 5/16/2023Ownership: 0.459%Jane Street Group LLCBought 27,943 shares on 5/16/2023Ownership: 0.034%Apollon Wealth Management LLCBought 27,000 shares on 5/16/2023Ownership: 0.032%Balyasny Asset Management L.P.Bought 19,175 shares on 5/16/2023Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions SKYX Stock - Frequently Asked Questions Should I buy or sell SKYX Platforms stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SKYX Platforms in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SKYX shares. View SKYX analyst ratings or view top-rated stocks. What is SKYX Platforms' stock price forecast for 2023? 1 brokerages have issued twelve-month price targets for SKYX Platforms' shares. Their SKYX share price forecasts range from $15.00 to $15.00. On average, they predict the company's share price to reach $15.00 in the next year. This suggests a possible upside of 377.7% from the stock's current price. View analysts price targets for SKYX or view top-rated stocks among Wall Street analysts. How have SKYX shares performed in 2023? SKYX Platforms' stock was trading at $2.52 on January 1st, 2023. Since then, SKYX stock has increased by 24.6% and is now trading at $3.14. View the best growth stocks for 2023 here. When is SKYX Platforms' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 11th 2023. View our SKYX earnings forecast. How were SKYX Platforms' earnings last quarter? SKYX Platforms Corp. (NASDAQ:SKYX) issued its earnings results on Friday, March, 31st. The company reported ($0.12) earnings per share for the quarter. The business earned $0.01 million during the quarter. SKYX Platforms had a negative net margin of 66,240.00% and a negative trailing twelve-month return on equity of 212.62%. When did SKYX Platforms IPO? (SKYX) raised $20 million in an initial public offering on Thursday, February 10th 2022. The company issued 1,650,000 shares at $11.00-$13.00 per share. What is SKYX Platforms' stock symbol? SKYX Platforms trades on the NASDAQ under the ticker symbol "SKYX." Who are SKYX Platforms' major shareholders? SKYX Platforms' stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (0.46%), Simplex Trading LLC (0.00%), Susquehanna International Group LLP (0.29%), BlueCrest Capital Management Ltd (0.19%), Group One Trading L.P. (0.00%) and Praetorian Wealth Management Inc. (0.09%). Insiders that own company stock include Dov Shiff, John P Campi and Ran Roland Kohen. View institutional ownership trends. How do I buy shares of SKYX Platforms? Shares of SKYX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SKYX Platforms' stock price today? One share of SKYX stock can currently be purchased for approximately $3.14. How much money does SKYX Platforms make? SKYX Platforms (NASDAQ:SKYX) has a market capitalization of $273.65 million and generates $30,000.00 in revenue each year. The company earns $-27,070,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis. How can I contact SKYX Platforms? SKYX Platforms' mailing address is 4400 NORTH POINT PARKWAY SUITE 154, ALPHARETTA GA, 30022. The official website for the company is www.safetyquicklight.com. The company can be reached via phone at (855) 759-7584 or via email at mxrx@mzgroup.us. This page (NASDAQ:SKYX) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SKYX Platforms Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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