SKYX Platforms Corp. (SKYX)Industrials | Electrical Equipment & Parts | Pompano Beach, United States | NasdaqCM
1.21 USD
-0.01
(-0.820%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 1.23 +0.02 (1.595%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:28 a.m. EDT
The immediate outlook is clouded by severe structural damage to the business model. Despite a recent quarterly revenue beat, the company is hemorrhaging cash with operating losses exceeding $16 million and negative free cash flow. The balance sheet is precarious, carrying nearly $35 million in debt against only $25 million in cash, resulting in a massive debt-to-equity ratio that suggests significant leverage risk. While the stock has recently rallied off its lows, this appears to be a technical bounce rather than a reversal of fortunes, given the persistent negative earnings and the fact that the 200-day moving average remains well above the current price. The statistical forecast models offer no help here, showing a negligible upward lean with very low confidence, which aligns with the view that the price action is currently disconnected from the deteriorating fundamentals. There is no dividend to provide any cushion for investors. The consensus of analysts recommending a 'strong buy' with a target price significantly higher than the current level seems to ignore the reality of the company's inability to generate profit or cash flow, creating a dangerous divergence between sentiment and financial reality. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.093738 |
| AutoTheta | 0.102588 |
| AutoARIMA | 0.110863 |
| AutoETS | 0.111600 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 1.04 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.026 |
| Excess Kurtosis | 1.21 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 185.687 |
| Revenue per Share | 0.789 |
| Market Cap | 163,871,504 |
| Forward P/E | -11.00 |
| Beta | -3499.52 |
| Profit Margins | -34.34% |
| Previous Name | SQL Technologies Corp. |
| Website | https://www.skyx.com |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.034188032 |
| Address1 | 2,855 West McNab Road |
| All Time High | 16.0 |
| All Time Low | 0.723 |
| Ask | 1.22 |
| Ask Size | 1 |
| Audit Risk | 5 |
| Average Analyst Rating | 1.2 - Strong Buy |
| Average Daily Volume10 Day | 856,260 |
| Average Daily Volume3 Month | 1,324,847 |
| Average Volume | 1,324,847 |
| Average Volume10Days | 856,260 |
| Beta | -3,499.519 |
| Bid | 1.21 |
| Bid Size | 1 |
| Board Risk | 8 |
| Book Value | 0.044 |
| City | Pompano Beach |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 8 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.21 |
| Current Ratio | 1.464 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 1.24 |
| Day Low | 1.2 |
| Debt To Equity | 185.687 |
| Display Name | SKYX Platforms |
| Earnings Call Timestamp End | 1,786,566,600 |
| Earnings Call Timestamp Start | 1,786,566,600 |
| Earnings Timestamp | 1,786,564,800 |
| Earnings Timestamp End | 1,794,513,600 |
| Earnings Timestamp Start | 1,794,513,600 |
| Ebitda | -26,892,142 |
| Ebitda Margins | -0.27955 |
| Enterprise To Ebitda | -6.898 |
| Enterprise To Revenue | 1.928 |
| Enterprise Value | 185,500,032 |
| Eps Current Year | -0.215 |
| Eps Forward | -0.11 |
| Eps Trailing Twelve Months | -0.29 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.14632 |
| Fifty Day Average Change | 0.06368005 |
| Fifty Day Average Change Percent | 0.055551726 |
| Fifty Two Week Change Percent | 3.4188032 |
| Fifty Two Week High | 3.29 |
| Fifty Two Week High Change | -2.08 |
| Fifty Two Week High Change Percent | -0.63221884 |
| Fifty Two Week Low | 0.946 |
| Fifty Two Week Low Change | 0.26400006 |
| Fifty Two Week Low Change Percent | 0.27906984 |
| Fifty Two Week Range | 0.946 - 3.29 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,644,503,400,000 |
| Float Shares | 94,652,722 |
| Forward Eps | -0.11 |
| Forward P E | -11.0 |
| Free Cashflow | -3,112,372 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 73 |
| Fullday Change | -0.00999999 |
| Fullday Change Percent | -0.819671 |
| Fullday Price | 1.2293 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.30193 |
| Gross Profits | 29,045,738 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.30379 |
| Held Percent Institutions | 0.16569 |
| Implied Shares Outstanding | 135,430,994 |
| Industry | Electrical Equipment & Parts |
| Industry Disp | Electrical Equipment & Parts |
| Industry Key | electrical-equipment-parts |
| Ipo Expected Date | 2,022-02-10 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | SKYX Platforms Corp. provides a series of safe-smart platform technologies in the United States. Its 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. The company also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. SKYX Platforms Corp. was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. The company was incorporated in 2004 and is based in Pompano Beach, Florida. |
| Long Name | SKYX Platforms Corp. |
| Market | us_market |
| Market Cap | 163,871,504 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_252085068 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-29 |
| Net Income To Common | -34,113,056 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 165,225,812 |
| Number Of Analyst Opinions | 7 |
| Open | 1.23 |
| Operating Cashflow | -16,667,336 |
| Operating Margins | -0.27985 |
| Overall Risk | 6 |
| Payout Ratio | 0.0 |
| Phone | 855 759 7584 |
| Post Market Change | 0.019299984 |
| Post Market Change Percent | 1.59504 |
| Post Market Price | 1.2293 |
| Post Market Time | 1,787,959,804 |
| Prev Name | SQL Technologies Corp. |
| Previous Close | 1.22 |
| Price Eps Current Year | -5.6279073 |
| Price Hint | 4 |
| Price To Book | 27.500002 |
| Price To Sales Trailing12 Months | 1.7034593 |
| Profit Margins | -0.34341 |
| Quick Ratio | 1.209 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.16667 |
| Region | US |
| Regular Market Change | -0.00999999 |
| Regular Market Change Percent | -0.819671 |
| Regular Market Day High | 1.24 |
| Regular Market Day Low | 1.2 |
| Regular Market Day Range | 1.2 - 1.24 |
| Regular Market Open | 1.23 |
| Regular Market Previous Close | 1.22 |
| Regular Market Price | 1.21 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 485,986 |
| Return On Assets | -0.26267 |
| Return On Equity | -2.71395 |
| Revenue Growth | 0.096 |
| Revenue Per Share | 0.789 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 135,430,994 |
| Shares Percent Shares Out | 0.0178 |
| Shares Short | 2,412,041 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 3,436,646 |
| Short Name | SKYX Platforms Corp. |
| Short Percent Of Float | 0.0223 |
| Short Ratio | 2.37 |
| Source Interval | 15 |
| State | FL |
| Symbol | SKYX |
| Target High Price | 5.0 |
| Target Low Price | 2.5 |
| Target Mean Price | 4.0 |
| Target Median Price | 4.0 |
| Total Cash | 25,661,472 |
| Total Cash Per Share | 0.189 |
| Total Debt | 34,640,832 |
| Total Revenue | 96,199,248 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.29 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.588725 |
| Two Hundred Day Average Change | -0.37872493 |
| Two Hundred Day Average Change Percent | -0.23838294 |
| Type Disp | Equity |
| Volume | 485,986 |
| Website | https://www.skyx.com |
| Zip | 33,069 |