SKYX Platforms Corp. (SKYX)
NASDAQ: SKYX · IEX Real-Time Price · USD
1.080
+0.060 (5.88%)
At close: Jul 19, 2024, 4:00 PM
1.050
-0.030 (-2.78%)
Pre-market: Jul 22, 2024, 4:14 AM EDT
SKYX Platforms Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SKYX Platforms stock have an average target of 5.00, which predicts an increase of 362.96% from the current stock price of 1.08.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 29, 2024.
Analyst Ratings
The average analyst rating for SKYX Platforms stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Noble Capital Markets | Noble Capital Markets | Buy Initiates $5 | Buy | Initiates | $5 | +362.96% | Apr 29, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +362.96% | Nov 14, 2023 |
| Benchmark | Benchmark | Strong Buy Maintains $15 → $5 | Strong Buy | Maintains | $15 → $5 | +362.96% | Aug 14, 2023 |
| WestPark Capital | WestPark Capital | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | +548.15% | Apr 25, 2023 |
| Benchmark | Benchmark | Strong Buy Initiates $15 | Strong Buy | Initiates | $15 | +1,288.89% | Jul 28, 2022 |
Financial Forecast
Revenue This Year
90.49M
from 58.79M
Increased by 53.93%
Revenue Next Year
127.14M
from 90.49M
Increased by 40.50%
EPS This Year
-0.42
from -0.45
EPS Next Year
-0.29
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 97.8M | 147.3M | 169.4M | 241.5M | 292.4M |
| Avg | 90.5M | 127.1M | 164.5M | 234.6M | 284.1M |
| Low | 81.3M | 106.8M | 158.1M | 225.4M | 272.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 66.3% | 62.8% | 33.2% | 46.8% | 24.7% |
| Avg | 53.9% | 40.5% | 29.4% | 42.6% | 21.1% |
| Low | 38.4% | 18.0% | 24.3% | 37.0% | 16.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.42 | -0.23 |
| Avg | -0.42 | -0.29 |
| Low | -0.41 | -0.33 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.