SKYX Platforms Corp. (NASDAQ:SKYX – Free Report) – Analysts at Noble Financial decreased their Q3 2025 earnings estimates for SKYX Platforms in a research note issued on Thursday, August 14th. Noble Financial analyst P. Mccann now anticipates that the company will post earnings per share of ($0.08) for the quarter, down from their prior forecast of ($0.07). The consensus estimate for SKYX Platforms’ current full-year earnings is ($0.34) per share. Noble Financial also issued estimates for SKYX Platforms’ Q4 2025 earnings at ($0.06) EPS and FY2025 earnings at ($0.31) EPS.
Separately, Wall Street Zen cut shares of SKYX Platforms from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Strong Buy” and an average price target of $2.00.
SKYX Platforms Price Performance
Shares of SKYX stock opened at $1.14 on Monday. The stock has a market cap of $127.05 million, a P/E ratio of -3.17 and a beta of -3,533.92. The company has a fifty day moving average price of $1.11 and a two-hundred day moving average price of $1.26. SKYX Platforms has a one year low of $0.8001 and a one year high of $2.1350.
SKYX Platforms (NASDAQ:SKYX – Get Free Report) last announced its quarterly earnings results on Tuesday, August 12th. The company reported ($0.08) EPS for the quarter, meeting analysts’ consensus estimates of ($0.08). The firm had revenue of $23.10 million during the quarter, compared to analysts’ expectations of $22.95 million. SKYX Platforms had a negative net margin of 41.24% and a negative return on equity of 3,407.81%.
Institutional Trading of SKYX Platforms
A number of hedge funds have recently modified their holdings of the stock. Intech Investment Management LLC acquired a new stake in SKYX Platforms in the 2nd quarter worth about $32,000. Invesco Ltd. acquired a new stake in SKYX Platforms in the 2nd quarter worth about $34,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in SKYX Platforms in the 2nd quarter worth about $35,000. Barclays PLC raised its stake in SKYX Platforms by 3,081,100.0% in the 4th quarter. Barclays PLC now owns 30,812 shares of the company’s stock worth $36,000 after purchasing an additional 30,811 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in SKYX Platforms by 100.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 31,892 shares of the company’s stock worth $36,000 after purchasing an additional 15,946 shares in the last quarter. Institutional investors and hedge funds own 11.79% of the company’s stock.
About SKYX Platforms
SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company’s first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box. It also provides universal power-plugs and receptacle products.
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