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NASDAQ:SKYX

SKYX Platforms (SKYX) Stock Price, News & Analysis

SKYX Platforms logo
$1.32 +0.05 (+3.94%)
Closing price 05/28/2025 04:00 PM Eastern
Extended Trading
$1.32 -0.01 (-0.38%)
As of 05/28/2025 04:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About SKYX Platforms Stock (NASDAQ:SKYX)

Key Stats

Today's Range
$1.26
$1.36
50-Day Range
$0.91
$1.47
52-Week Range
$0.75
$2.14
Volume
670,923 shs
Average Volume
442,845 shs
Market Capitalization
$139.67 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.50
Consensus Rating
Buy

Company Overview

SKYX 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.

SKYX Platforms Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
51st Percentile Overall Score

SKYX MarketRank™: 

SKYX Platforms scored higher than 51% of companies evaluated by MarketBeat, and ranked 215th out of 318 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    SKYX Platforms has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    SKYX Platforms has received no research coverage in the past 90 days.

  • Read more about SKYX Platforms' stock forecast and price target.
  • Earnings Growth

    Earnings for SKYX Platforms are expected to grow in the coming year, from ($0.34) to ($0.20) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of SKYX Platforms is -3.30, 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 -3.30, 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 7.33. 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.
  • Percentage of Shares Shorted

    5.08% 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 7.9.
  • Change versus previous month

    Short interest in SKYX Platforms has recently decreased by 7.71%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    SKYX Platforms does not currently pay a dividend.

  • Dividend Growth

    SKYX Platforms does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.08% 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 7.9.
  • Change versus previous month

    Short interest in SKYX Platforms has recently decreased by 7.71%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    SKYX Platforms has a news sentiment score of 0.86. 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 news sentiment score is similar to the average news sentiment of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for SKYX Platforms this week, compared to 2 articles on an average week.
  • 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

    33.00% 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 Institutions

    Only 11.79% of the stock of SKYX Platforms is held by institutions.

  • Read more about SKYX Platforms' insider trading history.
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SKYX Stock News Headlines

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Noble Financial Expects Higher Earnings for SKYX Platforms
See More Headlines

SKYX Stock Analysis - Frequently Asked Questions

SKYX Platforms' stock was trading at $1.16 at the beginning of 2025. Since then, SKYX shares have increased by 13.8% and is now trading at $1.32.
View the best growth stocks for 2025 here
.

SKYX Platforms Corp. (NASDAQ:SKYX) posted its earnings results on Wednesday, May, 14th. The company reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.10) by $0.01. The firm earned $20.10 million during the quarter, compared to analyst estimates of $20.25 million. SKYX Platforms had a negative net margin of 44.92% and a negative trailing twelve-month return on equity of 353.92%.
Read the conference call transcript
.

SKYX Platforms (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.

SKYX Platforms' top institutional shareholders include Goldman Sachs Group Inc. (0.25%), Kestra Private Wealth Services LLC (0.23%), OMERS ADMINISTRATION Corp (0.21%) and Jane Street Group LLC (0.18%). Insiders that own company stock include Dov Shiff, John P Campi and Ran Roland Kohen.
View institutional ownership trends
.

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.

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 Earnings
5/14/2025
Today
5/28/2025
Next Earnings (Estimated)
8/11/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Electric lighting & wiring equipment
Sub-Industry
Electrical Equipment
Current Symbol
NASDAQ:SKYX
Fax
N/A
Employees
30
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.50
High Stock Price Target
$5.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+165.2%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$39.73 million
Pretax Margin
-44.91%

Debt

Sales & Book Value

Annual Sales
$87.41 million
Price / Cash Flow
N/A
Book Value
$0.18 per share
Price / Book
7.33

Miscellaneous

Free Float
68,676,000
Market Cap
$139.67 million
Optionable
No Data
Beta
-3,541.23
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This page (NASDAQ:SKYX) was last updated on 5/29/2025 by MarketBeat.com Staff
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