SKYX Platforms Corp. (NASDAQ:SKYX) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Posted by on Sep 26th, 2026

Shares of SKYX Platforms Corp. (NASDAQ:SKYX – Get Free Report) have earned an average recommendation of “Moderate Buy” from the five brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $4.67.

A number of equities research analysts have commented on SKYX shares. Wall Street Zen upgraded shares of SKYX Platforms from a “sell” rating to a “hold” rating in a report on Saturday. Lake Street Capital decreased their target price on SKYX Platforms from $5.00 to $4.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of SKYX Platforms in a research note on Friday, July 17th.

Check Out Our Latest Analysis on SKYX

Institutional Trading of SKYX Platforms

Institutional investors and hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC grew its holdings in SKYX Platforms by 243.9% during the first quarter. Renaissance Technologies LLC now owns 1,221,500 shares of the company’s stock valued at $1,368,000 after purchasing an additional 866,287 shares during the period. Clear Harbor Asset Management LLC raised its stake in shares of SKYX Platforms by 7.0% in the fourth quarter. Clear Harbor Asset Management LLC now owns 621,635 shares of the company’s stock valued at $1,349,000 after buying an additional 40,560 shares during the period. Allied Private Wealth LLC bought a new stake in shares of SKYX Platforms in the second quarter valued at $1,326,000. Kanen Wealth Management LLC bought a new position in shares of SKYX Platforms during the 1st quarter worth $1,288,000. Finally, BlackRock Inc. bought a new position in shares of SKYX Platforms during the 2nd quarter worth $1,100,000. 11.79% of the stock is owned by hedge funds and other institutional investors.

SKYX Platforms Price Performance

SKYX stock opened at $1.23 on Monday. SKYX Platforms has a 1 year low of $0.95 and a 1 year high of $3.29. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.46 and a quick ratio of 1.28. The stock has a market cap of $166.58 million, a price-to-earnings ratio of -4.56 and a beta of -3,491.36. The company has a 50 day simple moving average of $1.23 and a 200 day simple moving average of $1.22.

SKYX Platforms (NASDAQ:SKYX – Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). The business had revenue of $25.27 million for the quarter, compared to analysts’ expectations of $24.07 million. Research analysts anticipate that SKYX Platforms will post -0.22 EPS for the current fiscal year.

SKYX Platforms Company Profile

(Get Free Report)

SKYX Platforms Corp. is a technology company focused on advancing smart-home and building technology through its “Smart Home” and “Smart Platform” product offerings. The company develops plug-and-play electrical and smart-home solutions designed to improve the installation, connectivity, functionality and safety of lighting fixtures and other ceiling-based devices.

Its product portfolio includes smart ceiling receptacles, smart platforms, lighting products and related technologies intended to simplify the installation of smart lighting and enable additional connected-home features.

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Analyst Recommendations for SKYX Platforms (NASDAQ:SKYX)

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