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SKYX Stock Forecast 2025-2026
$1.04
Current Price
$108.65M
Market Cap
Buy 4
Hold 0
Sell 0
Wall St Analyst Ratings
Distance to SKYX Price Targets
+380.8%
To High Target of $5.00
+164.4%
To Median Target of $2.75
+92.3%
To Low Target of $2.00
SKYX Price Momentum
+4.0%
1 Week Change
-12.6%
1 Month Change
+22.4%
1 Year Change
-10.3%
Year-to-Date Change
-51.3%
From 52W High of $2.14
+39.0%
From 52W Low of $0.75
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Latest SKYX Stock Price Targets & Analyst Predictions
Based on our analysis of 4 Wall Street analysts, SKYX has a bullish consensus with a median price target of $2.75 (ranging from $2.00 to $5.00). Currently trading at $1.04, the median forecast implies a 164.4% upside. This outlook is supported by 4 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Michael Legg at Benchmark, projecting a 380.8% upside. Conversely, the most conservative target is provided by Gerry Sweeney at Roth MKM, suggesting a 92.3% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
SKYX Analyst Ratings
4
Buy
0
Hold
0
Sell
SKYX Price Target Range
Low
$2.00
Average
$2.75
High
$5.00
Current: $1.04
Latest SKYX Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for SKYX.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Sep 10, 2024 | Roth MKM | Gerry Sweeney | Buy | Initiates | $2.00 |
| Aug 13, 2024 | Benchmark | Michael Legg | Buy | Reiterates | $5.00 |
| Jul 31, 2024 | Benchmark | Michael Legg | Buy | Reiterates | $5.00 |
| Apr 29, 2024 | Noble Capital Markets | Patrick McCann | Outperform | Initiates | $5.00 |
| Nov 14, 2023 | Benchmark | Michael Legg | Buy | Reiterates | $5.00 |
| Aug 14, 2023 | Benchmark | Michael Legg | Buy | Maintains | $5.00 |
| Apr 25, 2023 | WestPark Capital | Greg Mesniaeff | Buy | Initiates | $7.00 |
| Jul 28, 2022 | Benchmark | Michael Legg | Buy | Initiates | $15.00 |
Skyx Platforms Corp (SKYX) Competitors
The following stocks are similar to SKYX Platforms based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Skyx Platforms Corp (SKYX) Financial Data
Skyx Platforms Corp has a market capitalization of $108.65M with a P/E ratio of 0.0x. The company generates $86.28M in trailing twelve-month revenue with a -41.5% profit margin.
Revenue growth is +6.8% quarter-over-quarter, while maintaining an operating margin of -44.3% and return on equity of -283.0%.
Valuation Metrics
Market Cap
$108.65M
Enterprise Value
$146.37M
P/E Ratio
0.0x
PEG Ratio
-5.5x
Price/Sales
1.3x
Growth & Margins
Revenue Growth (YoY)
+6.8%
Gross Margin
+23.6%
Operating Margin
-44.3%
Net Margin
-41.5%
EPS Growth
N/A
Financial Health
Cash/Price Ratio
+11.6%
Current Ratio
0.8x
Debt/Equity
434.7x
ROE
-283.0%
ROA
-28.2%
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Skyx Platforms Corp (SKYX) Business Model
About Skyx Platforms Corp
What They Do
Innovates electrical fixture installation for safety.
Business Model
Skyx Platforms Corp generates revenue by offering advanced systems for the installation of electrical fixtures, particularly in the residential and commercial sectors. Their products aim to simplify and enhance the installation process, which can lead to reduced costs and risks for contractors and homeowners alike.
Additional Information
The company focuses on smart home technology, catering to the increasing demand for efficient and safe installation solutions. This positions Skyx Platforms Corp favorably in the growing market for smart building infrastructure.
Company Information
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
76
CEO
Mr. Leonard Jay Sokolow CPA, Econ., LL.M.
Country
United States
IPO Year
2021
Website
www.skyplug.comSkyx Platforms Corp (SKYX) Latest News & Analysis
Latest News
SKYX Announces U.S. Manufacturing Partnership with Prominent Electronic Manufacturer Profab Electronics
25 days ago
Quick Summary
SKYX Technologies (NASDAQ: SKYX) is a smart home platform company with over 97 patents and a manufacturing facility in Florida, enhancing its production capabilities.
Why It Matters
SKYX's partnership with Profab Electronics enhances its manufacturing capacity, supporting growth and innovation in smart home technology, which could drive future revenue and market competitiveness.
Source: MCAP MediaWire
Market Sentiment:
Neutral
SKYX Reports 48% Revenue Growth in 2024 — From $58.8 Million in 2023 to $86.3 Million in 2024
1 month ago
Quick Summary
SKYX Platforms Corp. (NASDAQ: SKYX) is a disruptive smart home technology company with over 97 U.S. patents, as reported on March 24, 2025.
Why It Matters
SKYX Platforms' recognition as a disruptive technology leader indicates potential growth and investment opportunities in the smart home sector, influencing stock performance.
Source: MCAP MediaWire
Market Sentiment:
Neutral
Quick Summary
SKYX Platforms Corp. will hold its Q4 2024 Earnings Conference Call on March 24, 2025, at 4:30 PM ET, featuring key company executives and analysts from various firms.
Why It Matters
SKYX Platforms' earnings call may reveal financial performance and strategic insights, impacting stock valuation and investor sentiment. Key executives' comments could signal future growth potential.
Source: Seeking Alpha
Market Sentiment:
Neutral
SKYX Announces Corporate Update Call
1 month ago
Quick Summary
SKYX Technologies (NASDAQ: SKYX) will hold a conference call on March 24, 2025, at 4:30 PM ET to discuss corporate updates, Q4 2024, and full-year financial results.
Why It Matters
Upcoming corporate updates and financial results can significantly impact stock prices, providing insights into company performance and future growth prospects.
Source: MCAP MediaWire
Market Sentiment:
Neutral
Quick Summary
SKYX Platforms Corp. offers opportunities for recurring revenues via interchangeable products, upgrades, monitoring, and subscription services, enhancing its revenue model.
Why It Matters
SKYX's focus on recurring revenue through upgrades and subscriptions signals potential for stable cash flow and growth, attracting investors seeking reliable returns.
Source: MCAP MediaWire
Market Sentiment:
Neutral
Quick Summary
SKYX Platforms Corp. announced news on March 3, 2025, in Miami, FL. Further details on the announcement were not provided in the excerpt.
Why It Matters
The mention of SKYX Platforms Corp. indicates potential developments or announcements that could impact stock performance or market sentiment, prompting investors to assess their positions.
Source: MCAP MediaWire
Market Sentiment:
Neutral
Frequently Asked Questions About SKYX Stock
What is Skyx Platforms Corp's (SKYX) stock forecast for 2025?
Based on our analysis of 4 Wall Street analysts, Skyx Platforms Corp (SKYX) has a median price target of $2.75. The highest price target is $5.00 and the lowest is $2.00.
Is SKYX stock a good investment in 2025?
According to current analyst ratings, SKYX has 4 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.04. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for SKYX stock?
Wall Street analysts predict SKYX stock could reach $2.75 in the next 12 months. This represents a 164.4% increase from the current price of $1.04. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Skyx Platforms Corp's business model?
Skyx Platforms Corp generates revenue by offering advanced systems for the installation of electrical fixtures, particularly in the residential and commercial sectors. Their products aim to simplify and enhance the installation process, which can lead to reduced costs and risks for contractors and homeowners alike.
What is the highest forecasted price for SKYX Skyx Platforms Corp?
The highest price target for SKYX is $5.00 from Michael Legg at Benchmark, which represents a 380.8% increase from the current price of $1.04.
What is the lowest forecasted price for SKYX Skyx Platforms Corp?
The lowest price target for SKYX is $2.00 from Gerry Sweeney at Roth MKM, which represents a 92.3% increase from the current price of $1.04.
What is the overall SKYX consensus from analysts for Skyx Platforms Corp?
The overall analyst consensus for SKYX is bullish. Out of 4 Wall Street analysts, 4 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $2.75.
How accurate are SKYX stock price projections?
Stock price projections, including those for Skyx Platforms Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: April 28, 2025 9:00 PM UTC