SKYX Platforms Corp. (SKYX)
NASDAQ: SKYX · IEX Real-Time Price · USD
0.884
+0.013 (1.51%)
Apr 23, 2024, 12:48 PM EDT - Market open

SKYX Platforms Stock Forecast

SKYX's stock price has decreased by -74.62% 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 579.12% from the current stock price of 0.88.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $5.00 $6.00 $7.00 $7.00
Change +465.93% +579.12% +692.30% +692.30%
* 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 '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 22222
Buy 00000
Hold 00000
Sell 00000
Strong Sell 00000
Total 22222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Reiterates
$5
Strong Buy Reiterates $5 +465.93% Nov 14, 2023
Benchmark
Benchmark
Strong Buy
Maintains
$15$5
Strong Buy Maintains $15$5 +465.93% Aug 14, 2023
WestPark Capital
WestPark Capital
Strong Buy
Initiates
$7
Strong Buy Initiates $7 +692.30% Apr 25, 2023
Benchmark
Benchmark
Strong Buy
Initiates
$15
Strong Buy Initiates $15 +1,597.79% Jul 28, 2022
More Analyst Ratings

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
Year 201920202021202220232024
Revenue
3.81M258.38K43.11K32.02K58.79M119.15M
Revenue Growth
-50.53%-93.22%-83.32%-25.72%183,479.30%102.69%
EPS
-0.29-0.15-0.09-0.40-0.45-0.16
EPS Growth
------
No. Analysts -----4
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

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.