SKYX Platforms Corp. (SKYX)
NASDAQ: SKYX · IEX Real-Time Price · USD
0.883
-0.027 (-3.00%)
At close: Apr 19, 2024, 4:00 PM
0.860
-0.023 (-2.60%)
After-hours: Apr 19, 2024, 4:07 PM EDT
SKYX Platforms Stock Forecast
SKYX's stock price has decreased by -74.99% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SKYX Platforms stock have an average target of 6.00, with a low estimate of 5.00 and a high estimate of 7.00. The average target predicts an increase of 579.50% from the current stock price of 0.88.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 14, 2023.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +466.25% | Nov 14, 2023 |
| Benchmark | Benchmark | Strong Buy Maintains $15 → $5 | Strong Buy | Maintains | $15 → $5 | +466.25% | Aug 14, 2023 |
| WestPark Capital | WestPark Capital | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | +692.75% | Apr 25, 2023 |
| Benchmark | Benchmark | Strong Buy Initiates $15 | Strong Buy | Initiates | $15 | +1,598.75% | Jul 28, 2022 |
Financial Forecast
Revenue This Year
119.15M
from 58.79M
Increased by 102.69%
Revenue Next Year
n/a
from 119.15M
EPS This Year
-0.16
from -0.45
EPS Next Year
n/a
from -0.16
Revenue Forecast
| Revenue | 2024 |
|---|---|
| High | 150.4M |
| Avg | 119.2M |
| Low | 88.6M |
Revenue Growth
| Revenue Growth | 2024 |
|---|---|
| High | 155.8% |
| Avg | 102.7% |
| Low | 50.7% |
EPS Forecast
| EPS | 2024 |
|---|---|
| High | -0.02 |
| Avg | -0.16 |
| Low | -0.28 |
EPS Growth
| EPS Growth | 2024 |
|---|---|
| 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.