SKYX Platforms Corp. (SKYX)

NASDAQ: SKYX · Real-Time Price · USD
1.360
-0.100 (-6.85%)
At close: May 8, 2026, 4:00 PM EDT
1.320
-0.040 (-2.94%)
Pre-market: May 11, 2026, 8:55 AM EDT
Market Cap181.26M +66.8%
Revenue (ttm)92.01M +6.6%
Net Income-34.47M
EPS-0.32
Shares Out 133.28M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,686,450
Open1.540
Previous Close1.460
Day's Range1.350 - 1.540
52-Week Range0.960 - 3.290
Beta-3,587.69
AnalystsStrong Buy
Price Target5.00 (+267.65%)
Earnings DateMay 11, 2026

About SKYX

SKYX Platforms Corp. provides a series of safe-smart platform technologies in the United States. Its 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. The company 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... [Read more]

IPO Date Feb 10, 2022
Employees 75
Stock Exchange NASDAQ
Ticker Symbol SKYX
Full Company Profile

Financial Performance

In 2025, SKYX Platforms's revenue was $92.01 million, an increase of 6.64% compared to the previous year's $86.28 million. Losses were -$34.47 million, -4.19% less than in 2024.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for SKYX stock is "Strong Buy." The 12-month stock price target is $5.0, which is an increase of 267.65% from the latest price.

Price Target
$5.0
(267.65% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

SKYX Announces Corporate Update Call

Company to Provide Corporate Updates including New Developments, First Quarter 2026 Overview and Financial Results; Conference Call to be Held on Monday, May 11, 2026, at 4:30 PM Eastern Time Company ...

4 days ago - GlobeNewsWire

Skyx to deploy tech during The Grand Hotel du Parc renovation

SKYX Platforms (SKYX) will deploy its advanced and smart technologies during a master renovation of an historical architectural preservation hotel The Grand Hotel du Parc, in La Bourboule, France. The...

5 days ago - TheFly

SKYX Will Deploy its Technologies in its First European Hotel During a Master Renovation of The Grand Hotel du Parc, a Historical Hotel in La Bourboule, France - Part of Group OTT

The Renovation is in Process and Will Include Rooms, Suites, Bars, Restaurants, Lobby, Ballroom, Spa, Gym, Meeting Rooms, Corridors, Among Other Hotel Areas SKYX and Group OTT are Expected to Collabor...

5 days ago - GlobeNewsWire

Skyx Platforms enters agreement with OTT Heritage Hospitality

Skyx Platforms (SKYX) announced that it has entered into an agreement with OTT Heritage Hospitality. This agreement marks a significant step in Skyx’s global expansion strategy as it continues to…

18 days ago - TheFly

Skyx Platforms signs strategic partnership with Group OTT

Skyx Platforms (SKYX) announced its collaboration with prominent European real estate and hotel developer, Jean-Francois Ott, founder of Group OTT, to deploy Skyx technologies as a brand standard thro...

26 days ago - TheFly

Skyx Platforms files $200M mixed securities shelf

16:46 EDT Skyx Platforms (SKYX) files $200M mixed securities shelf

6 weeks ago - TheFly

SKYX Platforms Earnings Call Transcript: Q4 2025

Record annual revenue and gross profit growth achieved despite industry headwinds, with improved gross margins and reduced operating cash use. Expansion in smart home, hotel, and builder segments, plus new product launches and AI-driven initiatives, position the company for further growth and a path to cash flow positivity.

6 weeks ago - Transcripts

Skyx Platforms reports Q4 revenue $25M, consensus $25.11M

The company said, “Our year ended December 31, 2025, was highlighted by our four quarters of consecutive growth including sales and rollout of our advanced ceiling smart and standard plug…

6 weeks ago - TheFly

SKYX Reports Another Record Quarter with Revenue of $25 Million in Q-4 Demonstrating 8 Consecutive Quarters of Year Over Year Growth with Annual Record Revenue of $92 Million in 2025 Compared to $86 Million in 2024 as it Continues to Grow its Market Penetration

Gross Profit Increased to $28 Million in 2025 Compared to $25 Million in 2024, Representing a $3 Million (13%) Increase in Gross Profit Operating Cash Used in 2025 Amounted to $13 Million Compared to ...

6 weeks ago - GlobeNewsWire

SKYX Platforms Transcript: Sidoti March Small-Cap Virtual Conference

A smart home platform with AI integration and rapid installation is driving industry adoption, regulatory code changes, and strong sales growth. Mandatory code adoption and insurance incentives could accelerate global uptake, while new products and data monetization offer future revenue streams.

7 weeks ago - Transcripts

Skyx Platforms to supply tech to New York apartment community

SKYX Platforms (SKYX) will supply its technologies to a new contemporary residential project in Pittsford, New York. The apartment complex will include 171 new residential units. The project is led…

2 months ago - TheFly

Skyx Platforms initiated with a Buy at Lake Street

Lake Street analyst Jacob Stephan initiated coverage of Skyx Platforms (SKYX) with a Buy rating and $5 price target The company’s patented, standardized electrical ceiling outlet has no direct public-...

2 months ago - TheFly

Skyx Platforms provides corporate update on recent, future events

The company said, “Since reporting $13M in total cash, cash equivalents, restricted cash, and receivables as of September 30, 2025, the Company has raised over $33M in cash from fundamental…

2 months ago - TheFly

Skyx Platforms launches SKYFAN and Turbo Heater at Walmart

SKYX Platforms (SKYX) will launch its newly patented all-in-one ceiling plug & play SKYFAN & TURBO HEATER at Walmart (WMT). Management anticipates significant growth in its Walmart business during 202...

Other symbols: WMT
3 months ago - TheFly

Skyx Platforms launches SKYFAN and Turbo Heater at Home Depot

SKYX Platforms (SKYX) announced the launch of its newly patented all-in-one ceiling plug & play SKYFAN & Turbo Heater at Home Depot (HD), including a new dedicated SkyPlug branding page…

Other symbols: HD
3 months ago - TheFly

Skyx Platforms prices 10M shares at $2.50 in registered direct offering

SKYX Platforms (SKYX) has entered into a securities purchase agreement with one fundamental institutional investor to raise $25M of gross proceeds via a registered direct offering. Under the terms of…

3 months ago - TheFly

Skyx Platforms price target raised to $5 from $4.25 at Roth Capital

Roth Capital analyst Gerry Sweeney raised the firm’s price target on Skyx Platforms (SKYX) to $5 from $4.25 and keeps a Buy rating on the shares. The company has made…

3 months ago - TheFly

Skyx Platforms announces launch of Skyfan & Turbo Heater at Lowes

SKYX Platforms (SKYX) announced it will launch its newly patented all-in-one ceiling plug & play Skyfan & Turbo Heater at U.S. retailer Lowes (LOW). Management anticipates significant growth in its…

Other symbols: LOW
3 months ago - TheFly

Skyx Platforms files to sell 3.35M shares of common stock for holders

17:02 EST Skyx Platforms (SKYX) files to sell 3.35M shares of common stock for holders

4 months ago - TheFly

Skyx Platforms closes $4M equity investment from Philotimo Fund

SKYX Platforms (SKYX) closed a $4M equity investment from a new institutional fund Philotimo Fund. The investment was completed at $2.00 per share in straight common stock with no warrants,…

4 months ago - TheFly

Skyx to supply tech for North Carolina smart home community development

SKYX Platforms (SKYX) will supply and enable its advanced smart plug and play technologies to a luxury smart home residential development project Lake Shore Reserve on Hickory Lake in Granite…

4 months ago - TheFly

Skyx Platforms joins NVIDIA Connect Program

SKYX Platforms Corp. (SKYX) announced it has joined the NVIDIA (NVDA) Connect Program, gaining access to NVIDIA’s cloud and AI ecosystem to support the development of SKYX’s all-in-one smart home…

Other symbols: NVDA
4 months ago - TheFly

Skyx Platforms highlights $9.5M in recent investment

Skyx Platforms (SKYX) provides a corporate update, highlighting $9.5M in recent investment from its leading investors as it continues to grow its market penetration. As of September 30, 2025, the…

4 months ago - TheFly

Skyx Platforms announces launch at Target of its Skyfan, Turbo Heater

SKYX Platforms (SKYX) announced it will launch its newly patented all-in-one ceiling plug & play SKYFAN & TURBO HEATER at U.S. leading retailer Target (TGT). Management anticipates significant growth ...

Other symbols: TGT
5 months ago - TheFly

Skyx Platforms launches patented SKYFAN & TURBO HEATER

SKYX Platforms (SKYX) announced it will launch its newly patented all-in-one ceiling plug & play SKYFAN & TURBO HEATER in Canada through its Canadian e-commerce websites among other e-commerce platfor...

5 months ago - TheFly