SKYX Platforms (SKYX) Projected to Post Quarterly Earnings on Tuesday

SKYX Platforms (NASDAQ:SKYX) is expected to be releasing its Q3 2025 results before the market opens on Tuesday, November 11th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $24.4520 million for the quarter. Parties may review the information on the company’s upcoming Q3 2025 earningreport for the latest details on the call scheduled for Monday, November 10, 2025 at 12:00 AM ET.

SKYX Platforms (NASDAQ:SKYX) last posted its earnings results on Tuesday, August 12th. The company reported ($0.08) earnings per share for the quarter, meeting the consensus estimate of ($0.08). The firm had revenue of $23.10 million during the quarter, compared to analyst estimates of $22.95 million. SKYX Platforms had a negative net margin of 41.24% and a negative return on equity of 3,407.81%. On average, analysts expect SKYX Platforms to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SKYX Platforms Stock Down 4.2%

Shares of NASDAQ:SKYX traded down $0.07 during trading on Tuesday, hitting $1.58. 260,671 shares of the stock traded hands, compared to its average volume of 565,106. The company has a market cap of $179.36 million, a price-to-earnings ratio of -4.42 and a beta of -3,843.18. The company has a fifty day moving average price of $1.30 and a two-hundred day moving average price of $1.22. SKYX Platforms has a 52-week low of $0.88 and a 52-week high of $2.14.

Institutional Investors Weigh In On SKYX Platforms

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC increased its holdings in SKYX Platforms by 163.0% in the 2nd quarter. Corient Private Wealth LLC now owns 446,981 shares of the company’s stock worth $467,000 after acquiring an additional 277,000 shares in the last quarter. Geode Capital Management LLC boosted its stake in SKYX Platforms by 96.9% during the 2nd quarter. Geode Capital Management LLC now owns 1,460,777 shares of the company’s stock worth $1,527,000 after purchasing an additional 718,712 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in SKYX Platforms by 685.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 264,724 shares of the company’s stock worth $302,000 after purchasing an additional 231,000 shares during the last quarter. Jane Street Group LLC boosted its stake in SKYX Platforms by 258.5% during the 1st quarter. Jane Street Group LLC now owns 190,265 shares of the company’s stock worth $217,000 after purchasing an additional 137,193 shares during the last quarter. Finally, New York State Common Retirement Fund acquired a new stake in SKYX Platforms during the 2nd quarter worth $82,000. Hedge funds and other institutional investors own 11.79% of the company’s stock.

Analyst Ratings Changes

SKYX has been the subject of several recent research reports. Wall Street Zen lowered shares of SKYX Platforms from a “hold” rating to a “sell” rating in a report on Friday, September 26th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SKYX Platforms in a report on Wednesday, October 8th. Litchfield Hills Research initiated coverage on shares of SKYX Platforms in a report on Friday, October 17th. They set a “buy” rating and a $5.00 target price for the company. Zacks Research raised shares of SKYX Platforms to a “hold” rating in a report on Monday, September 15th. Finally, Roth Capital raised shares of SKYX Platforms to a “strong-buy” rating in a report on Friday, October 17th. 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. Based on data from MarketBeat, SKYX Platforms currently has an average rating of “Moderate Buy” and a consensus price target of $5.00.

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.