Roth Capital Weighs in on SKYX Platforms Q1 Earnings

SKYX Platforms Corp. (NASDAQ:SKYX) – Equities researchers at Roth Capital issued their Q1 2026 earnings per share estimates for shares of SKYX Platforms in a research report issued on Friday, October 17th. Roth Capital analyst T. Hayes anticipates that the company will post earnings per share of ($0.06) for the quarter. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for SKYX Platforms’ current full-year earnings is ($0.34) per share. Roth Capital also issued estimates for SKYX Platforms’ Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.03) EPS and Q4 2026 earnings at ($0.02) EPS.

A number of other analysts also recently commented on the company. Zacks Research upgraded SKYX Platforms to a “hold” rating in a research report on Monday, September 15th. Wall Street Zen downgraded SKYX Platforms from a “hold” rating to a “sell” rating in a research report on Friday, September 26th. Weiss Ratings restated a “sell (e+)” rating on shares of SKYX Platforms in a research report on Wednesday, October 8th. Finally, Litchfield Hills Research started coverage on SKYX Platforms in a research report on Friday. They set a “buy” rating and a $5.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, SKYX Platforms has a consensus rating of “Moderate Buy” and a consensus price target of $5.00.

SKYX Platforms Trading Down 3.2%

Shares of SKYX stock opened at $1.53 on Monday. The stock has a 50 day moving average of $1.22 and a two-hundred day moving average of $1.18. SKYX Platforms has a 12 month low of $0.88 and a 12 month high of $2.14. The company has a market capitalization of $172.20 million, a P/E ratio of -4.25 and a beta of -3,723.67.

SKYX Platforms (NASDAQ:SKYX) last announced its quarterly earnings data on Tuesday, August 12th. The company reported ($0.08) EPS for the quarter, hitting analysts’ consensus estimates of ($0.08). SKYX Platforms had a negative return on equity of 3,407.81% and a negative net margin of 41.24%.The company had revenue of $23.10 million during the quarter, compared to the consensus estimate of $22.95 million.

Hedge Funds Weigh In On SKYX Platforms

Several institutional investors have recently bought and sold shares of the business. Corient Private Wealth LLC raised its position in SKYX Platforms by 163.0% in the 2nd quarter. Corient Private Wealth LLC now owns 446,981 shares of the company’s stock valued at $467,000 after purchasing an additional 277,000 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in SKYX Platforms in the 2nd quarter valued at $35,000. Invesco Ltd. bought a new position in SKYX Platforms in the 2nd quarter valued at $34,000. New York State Common Retirement Fund bought a new position in SKYX Platforms in the 2nd quarter valued at $82,000. Finally, Intech Investment Management LLC bought a new position in SKYX Platforms in the 2nd quarter valued at $32,000. Institutional investors own 11.79% of the company’s stock.

SKYX Platforms Company Profile

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.