SKYX Platforms Corp. (SKYX)

NASDAQ: SKYX · Real-Time Price · USD
0.970
-0.028 (-2.84%)
Nov 20, 2024, 4:00 PM EST - Market closed
-2.84%
Market Cap 99.41M
Revenue (ttm) 84.77M
Net Income (ttm) -38.08M
Shares Out 102.50M
EPS (ttm) -0.38
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 323,272
Open 1.000
Previous Close 0.998
Day's Range 0.930 - 1.000
52-Week Range 0.723 - 1.870
Beta -2,837.99
Analysts Strong Buy
Price Target 4.00 (+312.46%)
Earnings Date Nov 12, 2024

About SKYX

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 fo... [Read more]

Sector Industrials
IPO Date Feb 10, 2022
Employees 60
Stock Exchange NASDAQ
Ticker Symbol SKYX
Full Company Profile

Financial Performance

In 2023, SKYX Platforms's revenue was $58.79 million, an increase of 183479.30% compared to the previous year's $32,022. Losses were -$39.73 million, 24.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SKYX stock is "Strong Buy." The 12-month stock price forecast is $4.0, which is an increase of 312.46% from the latest price.

Price Target
$4.0
(312.46% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

SKYX Platforms Corp. (SKYX) Q3 2024 Earnings Call Transcript

SKYX Platforms Corp. (NASDAQ:SKYX) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Rani Kohen - Founder & Executive Chairman Steve Schmidt - President Lenny Sokolow...

8 days ago - Seeking Alpha

Company to Provide Corporate Updates Including New Developments and Third Quarter 2024 Financial Results; Conference Call to be Held on Tuesday November 12, 2024 at 4:30 PM Eastern Time

MIAMI, Nov. 08, 2024 (GLOBE NEWSWIRE) -- SKYX (NASDAQ: SKYX) (d/b/a "SKYX Technologies"), a highly disruptive smart platform technology company with over 97 issued and pending patents in the U.S. and ...

12 days ago - GlobeNewsWire

SKYX Platforms Is Firing Up The Cylinders

Skyx Platforms offers innovative smart home solutions, including patented plug-and-play technology, aiming to become a standard in safe electrical installations. The company partners with major retail...

4 weeks ago - Seeking Alpha

SKYX 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 Marriotts

SKYX Secures $11 Million Strategic Investment at $2.00 Per Share, Preferred Stock Convertible, Led by Global Marriott Hotel-Chain Developer, Lance Shaner

6 weeks ago - GlobeNewsWire

SKYX to Collaborate with EGLO, European World Leading Design and Manufacturer of Decorative Lighting and Ceiling Fans

MIAMI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the "Company" or "SKYX"), a highly disruptive smart platform technology company with more than 9...

3 months ago - GlobeNewsWire

SKYX Platforms Corp. (SKYX) Q2 2024 Earnings Call Transcript

SKYX Platforms Corp. (NASDAQ:SKYX) Q2 2024 Earnings Conference Call August 12, 2024 4:30 PM ET Company Participants Rani Kohen - Founder and Executive Chairman Steven Schmidt - President Leonard Soko...

3 months ago - Seeking Alpha

SKYX Platforms Corp. (SKYX) Q1 2024 Earnings Call Transcript

SKYX Platforms Corp. (NASDAQ:SKYX) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET Company Participants Rani Kohen - Founder and Executive Chairman Steve Schmidt - President Len Sokolow - Co...

6 months ago - Seeking Alpha

SKYX Platforms: Steady Growth While Waiting For A Potential Home Run

SKYX Platforms is a pioneer in smart home and building technology, offering innovative solutions for safety, convenience, and efficiency.

7 months ago - Seeking Alpha

SKYX Platforms Corp. (SKYX) Q4 2023 Earnings Call Transcript

SKYX Platforms Corp. (SKYX) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

SKYX Reports Record Sales of $58.8 Million for 2023 and Fourth Quarter Record Sales of $22.2 Million as it Continues to Enhance its Market Penetration for Both Retail and Pro Segments

MIAMI, April 01, 2024 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive platform technology company with 77 pending and i...

8 months ago - GlobeNewsWire

SKYX Continues Enhancing Market Penetration, Collaborating With U.S. Leading Elegant Lighting Company Golden Lighting

Collaboration to Include Smart and Advanced Plug & Play Products for the Online, Builder, Professional and Retail Channels MIAMI, FL / ACCESSWIRE / March 5, 2024 / SKYX Platforms Corp. (NASDAQ:SKYX) (...

9 months ago - Accesswire

SKYX Will Be a Main Event Starting Tomorrow at The World Leading Builder Show (IBS - NAHB) in Las Vegas

As SKYX Continues to Enhance Market Penetration of its Advanced and Smart Platform Technologies, it willOfficially Launch its patented technologies to the Builder Segments at IBS Opening Tomorrow, Feb...

9 months ago - Accesswire

SKYX Announces Product Collaboration With World Leading Lighting Company Kichler for the Builder Segment as SKYX Continues to Enhance its Market Penetration

SKYX will Feature its Advanced and Smart Plug & Play Technology on Kichler's High-End Designed Light Fixtures and Ceiling Fans at the Upcoming International Builders' Show (IBS) for the Builder, Profe...

1 year ago - Accesswire

SKYX Platforms Corp. (SKYX) Q3 2023 Earnings Call Transcript

SKYX Platforms Corp. (NASDAQ:SKYX) Q3 2023 Earnings Conference Call November 13, 2023 4:30 PM ET Company Participants Rani Kohen - Founder and Executive Chairman Steve Schmidt - President Len Sokolow...

1 year ago - Seeking Alpha

SKYX Reports Record Sales of $21.6 Million for Third Quarter 2023 as it Continues to Enhance its Penetration and Sales of its Advanced, Safe and Smart Plug & Play Platform Technology Products

MIAMI, FL / ACCESSWIRE / November 13, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a SKYX Technologies) (the "Company" or "SKYX"), a highly disruptive platform technology company with 77 pending and...

1 year ago - Accesswire

SKYX Platforms Corp. to Host Investor Update Call Today, Monday, November 13th at 4:30 p.m. Eastern Time

MIAMI, FL / ACCESSWIRE / November 13, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "SKYX Technologies") a highly disruptive platform technology company with over 77 pending and issued patents glob...

1 year ago - Accesswire

SKYX Platforms Corp. to Host Investor Update Call on Monday, November 13th at 4:30 p.m. Eastern Time

MIAMI, FL / ACCESSWIRE / November 10, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "SKYX Technologies") a highly disruptive platform technology company with over 77 pending and issued patents glob...

1 year ago - Accesswire

SKYX Advanced and Smart Home Technology to be Included in All of IBS' Homes of the Future at Upcoming International Builders' Show (IBS - NAHB) in Las Vegas

As SKYX Continues to Enhance its Market Penetration, it will be a Main Event at the Largest Annual Construction Show in the World, Showcasing its Variety of Patented, Game-Changing Smart Home Platform...

1 year ago - Accesswire

SKYX to be a Main Event at TheRealDeal Real-Estate Publication Showcase & Developers Forum in South Florida

As SKYX Continues to Enhance its Market Penetration, it will Showcase its Patented Game-Changing Smart Home Platform Technology to Over 4,000 High-End Real-Estate Developers and Industry Professionals...

1 year ago - Accesswire

SKYX Signs Agreement to Supply 1,000 Homes With its Advanced Smart Home Platform Technology Products

SKYX Patented Technology Will Enable Developer to Make Smart Homes Instantly SKYX is Expected to Deliver 30,000 Units Representing a Variety of its Advanced and Smart Platform Technology Products to T...

1 year ago - Accesswire

SKYX Continues to Enhance Market Penetration Announcing a Collaboration with U.S. Leading Lighting Manufacturer QUOIZEL

QUOIZEL Was Established Nearly 100 Years ago and is a Main Lighting Supplier to Leading U.S. Retail and E-commerce Companies The Collaboration will Include SKYX Advanced Smart and Standard Products fo...

1 year ago - Accesswire

SKYX Provides Business Update Including 5 Additional Patents Issued in the U.S. and International Markets

The 5 Issued Utility Patents are in Addition to the 3 Issued Patents Announced Two Weeks Ago MIAMI, FL / ACCESSWIRE / September 21, 2023 / (NASDAQ:SKYX) (d/b/a "SKYX Technologies"), a highly disruptiv...

1 year ago - Accesswire

SKYX Announces Lenny Sokolow Joins the Company as Co-CEO

Mr. Sokolow, Former CEO of Newbridge Securities and Former President of National Securities, Has joined SKYX to Enhance U.S. and Global Institutional Awareness of the Company's Unique Growth Opportuni...

1 year ago - Accesswire

SKYX Files for a Mandatory Safety Standardization with the National Electrical Code (NEC) for Its Outlet Receptacle for Ceilings in Homes and Buildings

As Part of Its Application the Company Has Provided Significant Data Related to Hazardous Incidents with Electrical Wire Installations. SKYX's Ceiling Outlet Receptacle Platform Enables a Safer, Fast,...

1 year ago - Accesswire

SKYX Announces Issuance of Three New U.S. and International Patents for Its All-In-One Smart Modular Platform Technology

SKYX's Robust Patent Portfolio Now Totals 72 Patent and Pending Applications with 18 Issued Patents New Patents Issued Cover the SKYX All-In-One Smart Modular Platform, Which Includes Smart Home Techn...

1 year ago - Accesswire