NASDAQ:SKYX SKYX Platforms (SKYX) Stock Forecast, Price & News $1.44 +0.05 (+3.24%) (As of 11:03 AM ET) Add Compare Share Share Today's Range$1.39▼$1.5350-Day Range$1.24▼$2.5252-Week Range$1.20▼$4.17Volume62,266 shsAverage Volume220,527 shsMarket Capitalization$131.80 millionP/E RatioN/ADividend YieldN/APrice Target$5.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media SKYX Platforms MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside259.7% Upside$5.00 Price TargetShort InterestBearish4.08% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.37Based on 5 Articles This WeekInsider 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.1.91 out of 5 starsBusiness Services Sector262nd out of 317 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.00, SKYX Platforms has a forecasted upside of 259.7% from its current price of $1.39.Amount of Analyst CoverageSKYX Platforms has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.08% 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 5.8.Change versus previous monthShort interest in SKYX Platforms has recently increased by 15.52%, 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 3.0 News and Social Media Coverage News SentimentSKYX Platforms has a news sentiment score of 0.37. 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 0.78 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for SKYX Platforms this week, compared to 1 article on an average week.Search Interest5 people have searched for SKYX on MarketBeat in the last 30 days. MarketBeat Follows8 people have added SKYX Platforms to their MarketBeat watchlist in the last 30 days. This is an increase of 700% 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 9.43% 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 -3.23, 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 -3.23, 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 13.90. 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. provides a series of safe-smart platform technologies. The company's first-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed into a ceiling's electrical outlet box; and second-generation technology provides a platform that is designed to enhance safety and lifestyle of homes and other buildings. It provides power-plugs and universal power-plug 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 headquartered in Pompano Beach, Florida.Read More SKYX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SKYX Stock News HeadlinesSeptember 27, 2023 | finance.yahoo.comSKYX Continues to Enhance Market Penetration Announcing a Collaboration with U.S. Leading Lighting Manufacturer QUOIZELSeptember 27, 2023 | americanbankingnews.comSKYX Platforms (NASDAQ:SKYX) Stock Price Down 2.1%September 27, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 22, 2023 | fool.comBest Day Trading Platforms for 2023September 21, 2023 | finance.yahoo.comSKYX Provides Business Update Including 5 Additional Patents Issued in the U.S. and International MarketsSeptember 21, 2023 | finanznachrichten.deSKYX Platforms Corp. dba Sky Technologies: SKYX Provides Business Update Including 5 Additional Patents Issued in the U.S. and International MarketsSeptember 13, 2023 | finance.yahoo.comSKYX Announces Lenny Sokolow Joins the Company as Co-CEOSeptember 11, 2023 | finance.yahoo.comSKYX Files for a Mandatory Safety Standardization with the National Electrical Code (NEC) for Its Outlet Receptacle for Ceilings in Homes and BuildingsSeptember 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."September 7, 2023 | forbes.comBest Social Trading Platforms September 2023September 7, 2023 | finance.yahoo.comSKYX Announces Issuance of Three New U.S. and International Patents for Its All-In-One Smart Modular Platform TechnologySeptember 5, 2023 | finance.yahoo.comSKYX Signs Agreement with World Leading Architect Product Material Supply Company, Material Bank, with Over 100,000 CustomersAugust 27, 2023 | foxnews.comRailroad bridge platform collapse leaves at least 26 victims dead, others injuredAugust 14, 2023 | msn.comBenchmark Maintains SKYX Platforms (SKYX) Buy RecommendationAugust 11, 2023 | finance.yahoo.comSKYX Platforms Second Quarter 2023 Earnings: US$0.14 loss per share (vs US$0.058 loss in 2Q 2022)August 9, 2023 | finance.yahoo.comSKYX Reports Second Quarter 2023 Financial Results with $15 Million in Sales Reflecting a Partial Quarter Including Sales of its Safe Plug & Play ProductsAugust 9, 2023 | finance.yahoo.comWhen Will SKYX Platforms Corp. (NASDAQ:SKYX) Turn A Profit?August 4, 2023 | finance.yahoo.comSKYX Platforms Corp. to Host Investor Update Call on Wednesday, August 9th at 10:30 a.m. Eastern TimeAugust 3, 2023 | finance.yahoo.comSKYX Announces Over $14 Million (unaudited) In Sales for Partial Second Quarter, Including Sales of Its Plug & Play Products That Are Now Sold on 16 US and Canadian Leading WebsitesJuly 21, 2023 | fool.comSKYX Platforms (NASDAQ: SKYX)July 20, 2023 | finance.yahoo.comFormer Microsoft Global AI Leader and Head of Global Sales Khadija Mustafa Joins SKYX as Senior Tech, AI, and Global Business AdvisorJuly 12, 2023 | finance.yahoo.comMetaWorks Platforms Closes Acquisition of AI-Powered Avatar Metaverse Platform, UtopiaVRJuly 4, 2023 | forbes.com9 Best Customer Data Platforms (July 2023)June 29, 2023 | nbcnews.comRFK Jr. divides social media platforms with vaccine misinformationMay 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 IndexesMay 23, 2023 | finance.yahoo.comSKYX Set to Join Russell 2000(R) and Russell 3000(R) IndexesSee More Headlines 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 Company Calendar Last Earnings8/09/2023Today9/27/2023Next Earnings (Estimated)11/09/2023Fiscal 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/AEmployees29Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.00 High Stock Price Forecast$5.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside+259.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.43) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-27,070,000.00 Net Margins-205.21% Pretax Margin-204.97% Return on Equity-257.69% Return on Assets-58.06% Debt Debt-to-Equity Ratio0.26 Current Ratio0.88 Quick Ratio0.74 Sales & Book Value Annual Sales$15.01 million Price / Sales8.50 Cash FlowN/A Price / Cash FlowN/A Book Value$0.10 per share Price / Book13.90Miscellaneous Outstanding Shares91,852,000Free Float57,683,000Market Cap$127.67 million OptionableNot Optionable Beta-2,431.67 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Ran Roland Kohen (Age 57)Founder & Exec. Chairman Comp: $328.59kMr. John P. Campi (Age 78)Chief Exec. Officer Comp: $150.09kMr. Steven M. Schmidt (Age 68)Pres Mr. Marc-Andre Boisseau (Age 58)CFO, Principal Financial Officer & Principal Accounting Officer Comp: $144kMs. Patricia Ann Barron (Age 62)Chief Operations Officer Comp: $167.5kMr. Eliran Ben-ZikriCTO & GM of Sky's Israeli OfficeMr. Jonathan GlobersonVP Design & MarketingMr. Michael PerrilloVP of Global SalesMr. Mark J. Wells (Age 52)Pres of Lighting Mr. Steve BriggsSr. Advisor & Pres of Product Devel.More ExecutivesKey CompetitorsStartekNYSE:SRTVCI GlobalNASDAQ:VCIGZentekNASDAQ:ZTEKNorthern Star Investment Corp. IINYSE:NSTBOneConnect Financial TechnologyNYSE:OCFTView All CompetitorsInstitutional OwnershipBarclays PLCBought 18,300 shares on 9/21/2023Ownership: 0.020%Wolverine Trading LLCSold 500 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemBought 18,912 shares on 8/21/2023Ownership: 0.021%Citadel Advisors LLCBought 9,300 shares on 8/15/2023Ownership: 0.000%Royal Bank of CanadaBought 11,201 shares on 8/15/2023Ownership: 0.013%View All Institutional Transactions SKYX Stock - Frequently Asked Questions Should I buy or sell SKYX Platforms stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SKYX Platforms in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research 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? 2 Wall Street research analysts have issued 12 month target prices for SKYX Platforms' shares. Their SKYX share price forecasts range from $5.00 to $5.00. On average, they expect the company's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 259.7% 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 at the beginning of 2023. Since then, SKYX stock has decreased by 44.8% and is now trading at $1.39. 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 Thursday, November 9th 2023. View our SKYX earnings forecast. How were SKYX Platforms' earnings last quarter? SKYX Platforms Corp. (NASDAQ:SKYX) posted its quarterly earnings data on Wednesday, August, 9th. The company reported ($0.15) earnings per share for the quarter. The company had revenue of $14.98 million for the quarter. SKYX Platforms had a negative trailing twelve-month return on equity of 257.69% and a negative net margin of 205.21%. 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 a price of $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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.31%), Geode Capital Management LLC (1.07%), State Street Corp (0.93%), Northern Trust Corp (0.50%), SlateStone Wealth LLC (0.39%) and Simplex Trading LLC (0.00%). 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 $1.39. How much money does SKYX Platforms make? SKYX Platforms (NASDAQ:SKYX) has a market capitalization of $127.67 million and generates $15.01 million in revenue each year. The company earns $-27,070,000.00 in net income (profit) each year or ($0.43) 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 9/27/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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