SKYX Platforms Corp. (SKYX)

SKYX Platforms Stock Forecast

Stock Price Forecast

The 2 analysts that cover SKYX Platforms stock have a consensus rating of "Strong Buy" and an average price target of $3.5, which forecasts a 196.61% increase in the stock price over the next year. The lowest target is $2 and the highest is $5.

Price Target: $3.5 (+196.61%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$2.00	$3.50	$5.00	$5.00
Change	+69.49%	+196.61%	+323.73%	+323.73%

* Price targets were last updated on Sep 10, 2024.

Analyst Ratings

The average analyst rating for SKYX Platforms stock 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	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	1	1	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gerry Sweeney Roth MKM	Roth MKM	Strong Buy Initiates $2	Strong Buy	Initiates	$2	+69.49%	Sep 10, 2024
Michael Legg Benchmark	Benchmark	Strong Buy Reiterates $5	Strong Buy	Reiterates	$5	+323.73%	Aug 13, 2024
Michael Legg Benchmark	Benchmark	Strong Buy Reiterates $5	Strong Buy	Reiterates	$5	+323.73%	Jul 31, 2024
Patrick McCann Noble Capital Markets	Noble Capital Markets	Buy Initiates $5	Buy	Initiates	$5	+323.73%	Apr 29, 2024
Michael Legg Benchmark	Benchmark	Strong Buy Reiterates $5	Strong Buy	Reiterates	$5	+323.73%	Nov 14, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

102.58M

Increased by 18.90%

from 86.28M

Revenue Next Year

132.43M

Increased by 29.10%

from 102.58M

EPS This Year

-0.29

from -0.36

EPS Next Year

-0.19

from -0.29

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	258.38K	43.11K	32.02K	58.79M	86.28M	102.58M	132.43M	157.69M
Revenue Growth	-93.22%	-83.32%	-25.72%	183,479.30%	46.77%	18.90%	29.10%	19.07%
EPS	-0.15	-0.09	-0.40	-0.45	-0.36	-0.29	-0.19	-0.08
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	6	6	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	112.3M	141.8M	162.3M
Avg	102.6M	132.4M	157.7M
Low	93.1M	120.1M	151.5M

Revenue Growth

Revenue Growth	2025	2026	2027
High	30.1%	38.2%	22.6%
Avg	18.9%	29.1%	19.1%
Low	7.9%	17.0%	14.4%

EPS Forecast

EPS	2025	2026	2027
High	-0.26	-0.18	-0.08
Avg	-0.29	-0.19	-0.08
Low	-0.31	-0.23	-0.08

EPS Growth

EPS Growth	2025	2026	2027
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.