NASDAQ:SKYX

SKYX Platforms (SKYX) Stock Forecast, Price & News

$3.14

-0.10 (-3.09%)

(As of 06/5/2023 ET)

Compare

Today's Range: $3.10
▼
$3.29
50-Day Range: $3.08
▼
$3.81
52-Week Range: $1.35
▼
$7.78

Volume: 128,137 shs
Average Volume: 137,241 shs
Market Capitalization: $273.65 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $15.00

SKYX Platforms MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 377.7% Upside
$15.00 Price Target
Short Interest: Bearish
2.76% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

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 stars

Business Services Sector

268th out of 332 stocks

Electric Lighting & Wiring Equipment Industry

4th out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
SKYX 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/Downside
According 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 Coverage
SKYX Platforms has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
2.76% of the float of SKYX Platforms has been sold short.
Short Interest Ratio / Days to Cover
SKYX Platforms has a short interest ratio ("days to cover") of 10.2, which indicates bearish sentiment.
Change versus previous month
Short interest in SKYX Platforms has recently increased by 14.78%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
SKYX Platforms does not currently pay a dividend.
Dividend Growth
SKYX Platforms does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SKYX.

2.2

News and Social Media Coverage

News Sentiment
SKYX 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 Week
MarketBeat has tracked 1 news article for SKYX Platforms this week, compared to 1 article on an average week.
Search Interest
Only 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.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SKYX Platforms insiders have not sold or bought any company stock.
Percentage Held by Insiders
37.20% 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 Institutions
Only 3.97% of the stock of SKYX Platforms is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The 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. Sector
The 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 Ratio
SKYX 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.

See Top Rated MarketRank™ Stocks Here

About SKYX Platforms (NASDAQ:SKYX) Stock

SKYX 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.

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SKYX Stock News Headlines

May 30, 2023 | finance.yahoo.com

American Lighting Association (ALA) Former President and CEO Eric Jacobson Joins SKYX as Senior Product Standardization Advisor

May 23, 2023 | finanznachrichten.de

SKYX Platforms Corp. dba Sky Technologies: SKYX Set to Join Russell 2000 and Russell 3000 Indexes

June 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.com

SKYX Set to Join Russell 2000(R) and Russell 3000(R) Indexes

May 23, 2023 | finance.yahoo.com

SKYX Set to Join Russell 2000(R) and Russell 3000(R) Indexes

May 23, 2023 | americanbankingnews.com

Reviewing SKYX Platforms (NASDAQ:SKYX) and Xenonics (OTCMKTS:XNNHQ)

May 13, 2023 | marketwatch.com

8-K: SKYX Platforms Corp.

May 12, 2023 | finanznachrichten.de

SKYX Platforms Corp. dba Sky Technologies: SKYX Reports First Quarter 2023 Financial Results

June 6, 2023 | Legacy Research (Affiliate) (Ad)

“One-Stock Millionaire” IGNORES 99.9% of the Market

During 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.com

SKYX Reports First Quarter 2023 Financial Results

May 12, 2023 | finance.yahoo.com

SKYX Platforms Corp.'s (NASDAQ:SKYX) largest shareholders are individual investors with 46% ownership, insiders own 34%

May 7, 2023 | forbes.com

Are Platform Businesses Eating The World?

May 6, 2023 | americanbankingnews.com

Comparing Revolution Lighting Technologies (OTCMKTS:RVLT) & SKYX Platforms (NASDAQ:SKYX)

May 6, 2023 | americanbankingnews.com

Critical Comparison: SKYX Platforms (NASDAQ:SKYX) versus Lighting Science Group (OTCMKTS:LSCG)

May 1, 2023 | finance.yahoo.com

SKYX 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 2022

April 27, 2023 | americanbankingnews.com

Westpark Capital Initiates Coverage on SKYX Platforms (NASDAQ:SKYX)

April 5, 2023 | finance.yahoo.com

Great news for SKYX Platforms Corp. (NASDAQ:SKYX): Insiders acquired stock in large numbers last year

March 31, 2023 | finanznachrichten.de

SKYX Platforms Corp. dba Sky Technologies: SKYX Reports Fiscal Year 2022 Financial Results

March 31, 2023 | finance.yahoo.com

SKYX Reports Fiscal Year 2022 Financial Results

March 9, 2023 | finanznachrichten.de

SKYX Platforms Corp. dba Sky Technologies: SKYX Acquires a $5 Million Revenue Strategic, Profitable E-Commerce Lighting Website

March 9, 2023 | finance.yahoo.com

SKYX Acquires a $5 Million Revenue Strategic, Profitable E-Commerce Lighting Website

March 2, 2023 | finance.yahoo.com

We Might See A Profit From SKYX Platforms Corp. (NASDAQ:SKYX) Soon

February 11, 2023 | fool.com

Best Options Trading Platforms for February 2023

February 11, 2023 | forbes.com

Best Crypto Staking Platforms Of 2023

February 7, 2023 | finance.yahoo.com

SKYX Signs to Acquire Strategic Lighting E-Commerce Conglomerate with $86 Million in Revenues and 64 Websites

January 31, 2023 | finance.yahoo.com

SKYX to Showcase its Revolutionary SkyPlug Smart for Ceilings at the NAHB International Builder's Show in Las Vegas, NV

January 13, 2023 | benzinga.com

SKYX Wins 5 Technology Awards at the 2023 Consumer Electronics Show in Las Vegas

See More Headlines

SKYX Price History

30 days | 90 days | 365 days | Advanced Chart

SKYX Company Calendar

Last Earnings: 3/31/2023
Today: 6/05/2023
Next Earnings (Estimated): 8/11/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Electric lighting & wiring equipment
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:SKYX
CUSIP: N/A
CIK: 1598981
Web: www.safetyquicklight.com
Phone: (855) 759-7584
Fax: N/A
Employees: 26
Year Founded: N/A

Price 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 Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.35)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net 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 Ratio: 1.18
Current Ratio: 2.56
Quick Ratio: 2.30

Sales & Book Value

Annual Sales: $30,000.00
Price / Sales: 9,121.70
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.10 per share
Price / Book: 31.40

Miscellaneous

Outstanding Shares: 87,150,000
Free Float: 54,733,000
Market Cap: $273.65 million
Optionable: Not Optionable
Beta: -2,468.43

Key Executives

John P. Campi
Chief Executive Officer

Steven Mark Schmidt
President

Patricia Ann Barron
Chief Operations Officer

Marc-Andre Boisseau
Chief Financial & Accounting Officer

Jonathan Globerson
Vice President-Design & Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View 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

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