NASDAQ:SKYX SKYX Platforms (SKYX) Stock Price, News & Analysis $1.18 -0.07 (-5.60%) (As of 10/23/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About SKYX Platforms Stock (NASDAQ:SKYX) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get SKYX Platforms alerts:Sign Up Key Stats Today's Range$1.14▼$1.2750-Day Range$0.81▼$1.3352-Week Range$0.72▼$1.95Volume291,182 shsAverage Volume333,755 shsMarket Capitalization$118.20 millionP/E RatioN/ADividend YieldN/APrice Target$4.00Consensus RatingBuy Company OverviewSKYX 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. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is based in Pompano Beach, Florida.Read More… Watch this before it gets removed (Ad)If you missed it, my emergency election broadcast is now available - but will be removed soonClick here to watch it now. SKYX Platforms Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks42nd Percentile Overall ScoreSKYX MarketRank™: SKYX Platforms scored higher than 42% of companies evaluated by MarketBeat, and ranked 37th out of 44 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.6 / 5Analyst RatingBuy Consensus RatingSKYX Platforms has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSKYX Platforms has only been the subject of 3 research reports in the past 90 days.Read more about SKYX Platforms' stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for SKYX Platforms are expected to grow in the coming year, from ($0.34) to ($0.22) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SKYX Platforms is -2.95, 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 -2.95, 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 6.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about SKYX Platforms' valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted5.02% 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 9.1.Change versus previous monthShort interest in SKYX Platforms has recently increased by 2.37%, indicating that investor sentiment is decreasing. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldSKYX Platforms does not currently pay a dividend.Dividend GrowthSKYX Platforms does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted5.02% 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 9.1.Change versus previous monthShort interest in SKYX Platforms has recently increased by 2.37%, indicating that investor sentiment is decreasing. News and Social Media1.7 / 5News SentimentN/A News SentimentSKYX Platforms has a news sentiment score of 0.03. 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 lower news sentiment than the 0.30 average news sentiment score of Industrials 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 1 people have searched for SKYX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows3 people have added SKYX Platforms to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, SKYX Platforms insiders have not sold or bought any company stock.Percentage Held by Insiders33.00% 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 11.79% of the stock of SKYX Platforms is held by institutions.Read more about SKYX Platforms' insider trading history. 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 HeadlinesSKYX Platforms Is Firing Up The CylindersOctober 19, 2024 | seekingalpha.comEXCLUSIVE: SKYX Platforms Partners with Wayfair to Launch Smart Plug-and-Play Home ProductsOctober 16, 2024 | benzinga.comWatch this before it gets removed If you missed it, my emergency election broadcast is now available - but will be removed soonOctober 24, 2024 | Porter & Company (Ad)SKYX Announces a Collaboration with Wayfair for its Advanced and Smart Plug & Play Lighting for Retail and Professional Segments including Designers and ArchitectsOctober 16, 2024 | globenewswire.comPompano Beach company snags $11 million investment led by Marriott hotel developerOctober 11, 2024 | bizjournals.comSKYX Provides Corporate Update, including Significant Insider BuyingOctober 9, 2024 | globenewswire.comSKYX Secures $11 Million Strategic Investment at $2.00 Per Share, Preferred Stock Convertible, Led by Global Marriott Hotel-Chain Developer, Lance Shaner, Owner of over 60 Hotels, Primarily MarriottsOctober 7, 2024 | globenewswire.comSKYX Platforms (NASDAQ:SKYX) Stock, Short Interest ReportOctober 6, 2024 | benzinga.comSee More Headlines SKYX Stock Analysis - Frequently Asked Questions How have SKYX shares performed this year? SKYX Platforms' stock was trading at $1.60 at the beginning of the year. Since then, SKYX shares have decreased by 26.3% and is now trading at $1.18. View the best growth stocks for 2024 here. How were SKYX Platforms' earnings last quarter? SKYX Platforms Corp. (NASDAQ:SKYX) released its earnings results on Monday, August, 12th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.11) by $0.03. The business had revenue of $21.45 million for the quarter, compared to analyst estimates of $22 million. SKYX Platforms had a negative net margin of 43.51% and a negative trailing twelve-month return on equity of 260.53%. When did SKYX Platforms IPO? SKYX Platforms (SKYX) raised $20 million in an IPO on Thursday, February 10th 2022. The company issued 1,650,000 shares at a price of $11.00-$13.00 per share. Who are SKYX Platforms' major shareholders? Top institutional shareholders of SKYX Platforms include Matrix Asset Advisors Inc. NY (0.13%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of SKYX Platforms own? Based on aggregate information from My MarketBeat watchlists, some other companies that SKYX Platforms investors own include The RMR Group (RMR), American Water Works (AWK), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), Waste Connections (WCN), AUO (AUOTY) and Triple Flag Precious Metals (TFPM). Company Calendar Last Earnings8/12/2024Today10/23/2024Next Earnings (Estimated)11/11/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Electric lighting & wiring equipment Sub-IndustryElectrical Equipment Current SymbolNASDAQ:SKYX CUSIPN/A CIK1598981 Webwww.safetyquicklight.com Phone(855) 759-7584FaxN/AEmployees30Year FoundedN/APrice Target and Rating Average Stock Price Target$4.00 High Stock Price Target$5.00 Low Stock Price Target$2.00 Potential Upside/Downside+239.0%Consensus RatingBuy Rating Score (0-4)3.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.46) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-39,730,000.00 Net Margins-43.51% Pretax Margin-43.50% Return on Equity-260.53% Return on Assets-49.18% Debt Debt-to-Equity Ratio0.88 Current Ratio0.77 Quick Ratio0.62 Sales & Book Value Annual Sales$84.22 million Price / Sales1.40 Cash FlowN/A Price / Cash FlowN/A Book Value$0.18 per share Price / Book6.56Miscellaneous Outstanding Shares100,168,000Free Float68,065,000Market Cap$118.20 million OptionableNo Data Beta-2,868.27 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for November 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report This page (NASDAQ:SKYX) was last updated on 10/24/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | SponsoredProtect Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings | SponsoredMusk warns humanity: “Obsolete”The 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...The Freeport Society | SponsoredWatch this before it gets removed If you missed it, my emergency election broadcast is now available - but will be removed soonPorter & Company | Sponsored #1 Pre-IPO Opportunity For 2024 [Take Action Now!]According to James, the largest IPO in history could kick off in a matter of weeks. I’m talking about Starl...Paradigm Press | SponsoredMarket "Famine" ComingMarket Wizard Larry Benedict accurately predicted that all indexes would be negative in 2022... He predicte...Opportunistic Trader | SponsoredGoldman Sachs’ AI warningAfter warning of last year's historic bank run, weeks in advance... Legendary stock-picker Marc Chaikin jus...Chaikin Analytics | SponsoredHow Will You Survive A Post Election Retirement Heist?The clock is ticking, and your life savings are in an extremely vulnerable position. We are a few days away...American Hartford Gold Group | Sponsored 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. Share SKYX Platforms With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.