SKYX Platforms Corp. (SKYX)
NASDAQ: SKYX · Real-Time Price · USD
1.350
+0.090 (7.14%)
At close: Jan 17, 2025, 4:00 PM
1.370
+0.020 (1.48%)
After-hours: Jan 17, 2025, 5:00 PM EST
SKYX Platforms Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for SKYX Platforms stock have an average target of 4.00, with a low estimate of 2.00 and a high estimate of 5.00. The average target predicts an increase of 196.30% from the current stock price of 1.35.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 10, 2024.
Analyst Ratings
The average analyst rating for SKYX Platforms stock from 3 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 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 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Initiates $2 | Strong Buy | Initiates | $2 | +48.15% | Sep 10, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +270.37% | Aug 13, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +270.37% | Jul 31, 2024 |
| Noble Capital Markets | Noble Capital Markets | Buy Initiates $5 | Buy | Initiates | $5 | +270.37% | Apr 29, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +270.37% | Nov 14, 2023 |
Financial Forecast
Revenue This Year
91.45M
from 58.79M
Increased by 55.57%
Revenue Next Year
126.72M
from 91.45M
Increased by 38.56%
EPS This Year
-0.34
from -0.45
EPS Next Year
-0.18
from -0.34
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 102.4M | 146.4M | 169.4M |
| Avg | 91.5M | 126.7M | 158.9M |
| Low | 83.9M | 106.8M | 144.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 74.2% | 60.0% | 33.7% |
| Avg | 55.6% | 38.6% | 25.4% |
| Low | 42.7% | 16.8% | 13.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.33 | -0.09 | -0.01 |
| Avg | -0.34 | -0.18 | -0.07 |
| Low | -0.33 | -0.27 | -0.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.