Analysts Offer Predictions for SKYX Platforms Q4 Earnings

SKYX Platforms Corp. (NASDAQ:SKYX - Free Report) - Investment analysts at Noble Financial issued their Q4 2025 EPS estimates for shares of SKYX Platforms in a research note issued to investors on Tuesday, March 25th. Noble Financial analyst P. Mccann expects that the company will earn ($0.04) per share for the quarter. The consensus estimate for SKYX Platforms' current full-year earnings is ($0.34) per share.

SKYX Platforms (NASDAQ:SKYX - Get Free Report) last announced its quarterly earnings data on Monday, March 24th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.03). SKYX Platforms had a negative net margin of 44.92% and a negative return on equity of 353.92%. The company had revenue of $23.70 million for the quarter, compared to analysts' expectations of $22.93 million.

SKYX Platforms Trading Down 5.6 %

Shares of NASDAQ:SKYX traded down $0.07 during trading on Wednesday, reaching $1.19. The company's stock had a trading volume of 281,508 shares, compared to its average volume of 418,297. The stock has a market capitalization of $121.98 million, a PE ratio of -2.98 and a beta of -3,008.78. SKYX Platforms has a 12 month low of $0.72 and a 12 month high of $2.14. The company has a current ratio of 0.62, a quick ratio of 0.47 and a debt-to-equity ratio of 2.22. The firm's 50 day simple moving average is $1.54 and its two-hundred day simple moving average is $1.27.

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Hedge Funds Weigh In On SKYX Platforms

Institutional investors and hedge funds have recently modified their holdings of the stock. Millennium Management LLC boosted its stake in SKYX Platforms by 3.0% during the fourth quarter. Millennium Management LLC now owns 833,231 shares of the company's stock worth $967,000 after buying an additional 23,901 shares during the period. Geode Capital Management LLC grew its holdings in SKYX Platforms by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 712,391 shares of the company's stock valued at $827,000 after purchasing an additional 7,461 shares during the last quarter. Clear Harbor Asset Management LLC purchased a new stake in SKYX Platforms in the 4th quarter worth about $408,000. Procyon Advisors LLC bought a new stake in SKYX Platforms in the fourth quarter worth about $241,000. Finally, Northern Trust Corp boosted its position in shares of SKYX Platforms by 66.3% during the fourth quarter. Northern Trust Corp now owns 201,276 shares of the company's stock valued at $233,000 after buying an additional 80,245 shares during the period. Hedge funds and other 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.