SKYX Platforms Corp. (SKYX)
NASDAQ: SKYX · Real-Time Price · USD
1.090
-0.100 (-8.40%)
At close: Nov 15, 2024, 4:00 PM
1.140
+0.050 (4.59%)
After-hours: Nov 15, 2024, 5:11 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 266.97% from the current stock price of 1.09.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 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 | 2 | 2 | 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 | +83.49% | Sep 10, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +358.72% | Aug 13, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +358.72% | Jul 31, 2024 |
| Noble Capital Markets | Noble Capital Markets | Buy Initiates $5 | Buy | Initiates | $5 | +358.72% | Apr 29, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +358.72% | Nov 14, 2023 |
Financial Forecast
Revenue This Year
93.58M
from 58.79M
Increased by 59.18%
Revenue Next Year
132.95M
from 93.58M
Increased by 42.08%
EPS This Year
-0.34
from -0.45
EPS Next Year
-0.20
from -0.34
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 103.1M | 147.3M | 169.4M | ||
| Avg | 93.6M | 133.0M | 160.6M | ||
| Low | 83.7M | 106.8M | 149.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 75.4% | 57.4% | 27.4% | ||
| Avg | 59.2% | 42.1% | 20.8% | ||
| Low | 42.4% | 14.2% | 12.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.33 | -0.13 | -0.01 |
| Avg | -0.34 | -0.20 | -0.06 |
| Low | -0.35 | -0.27 | -0.11 |
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.