SKYX Platforms Corp's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 92/183 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 3.95.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
SKYX Platforms Corp's Score
Industry at a Glance
Industry Ranking
92 / 183
Overall Ranking
215 / 4578
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
3.950
Target Price
+63.22%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
SKYX Platforms Corp Highlights
StrengthsRisks
SKYX Platforms Corp. is a platform technology company. The Company has a series of disruptive advanced-safe-smart platform technologies. The Company owns over 60 lighting and home decor Websites for both the retail and commercial segments. Its first- and second-generation technologies enable light fixtures, ceiling fans and other electrically wired products to be installed safely and plugged in to a ceiling’s electrical outlet box, and without the need to touch hazardous wires. Its products are designed to improve all around home and building safety and lifestyle. Its products include The Weight Bearing Power-Plug, Sky Universal Power-Plug & Receptacle, SkyHome App, Sky Smart Gen-2 - Universal Power-Plug & Receptacle, Sky - Smart Gen2 for Plug and Play Ceiling Fans, Sky - Smart Gen-2 for Plug and Play Lighting, and Sky - All-In-One Smart Sky Platform. The Weight Bearing Power-Plug acts as an installation device, designed for plug and play installation of weight-bearing electronics.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 269330.00% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 86.28M.
Undervalued
The company’s latest PE is -6.82, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 14.89M shares, increasing 13.86% quarter-over-quarter.
SKYX Platforms Corp. is a platform technology company. The Company has a series of disruptive advanced-safe-smart platform technologies. The Company owns over 60 lighting and home decor Websites for both the retail and commercial segments. Its first- and second-generation technologies enable light fixtures, ceiling fans and other electrically wired products to be installed safely and plugged in to a ceiling’s electrical outlet box, and without the need to touch hazardous wires. Its products are designed to improve all around home and building safety and lifestyle. Its products include The Weight Bearing Power-Plug, Sky Universal Power-Plug & Receptacle, SkyHome App, Sky Smart Gen-2 - Universal Power-Plug & Receptacle, Sky - Smart Gen2 for Plug and Play Ceiling Fans, Sky - Smart Gen-2 for Plug and Play Lighting, and Sky - All-In-One Smart Sky Platform. The Weight Bearing Power-Plug acts as an installation device, designed for plug and play installation of weight-bearing electronics.
Ticker SymbolSKYX
CompanySKYX Platforms Corp
CEOSokolow (Leonard J)
Websitehttps://skyplug.com/
FAQs
What is the current price of SKYX Platforms Corp (SKYX)?
The current price of SKYX Platforms Corp (SKYX) is 2.400.
What is the symbol of SKYX Platforms Corp?
The ticker symbol of SKYX Platforms Corp is SKYX.
What is the 52-week high of SKYX Platforms Corp?
The 52-week high of SKYX Platforms Corp is 2.570.
What is the 52-week low of SKYX Platforms Corp?
The 52-week low of SKYX Platforms Corp is 0.880.
What is the market capitalization of SKYX Platforms Corp?
The market capitalization of SKYX Platforms Corp is 270.40M.
What is the net income of SKYX Platforms Corp?
The net income of SKYX Platforms Corp is -35.98M.
Is SKYX Platforms Corp (SKYX) currently rated as Buy, Hold, or Sell?
According to analysts, SKYX Platforms Corp (SKYX) has an overall rating of Buy, with a price target of 3.950.
What is the Earnings Per Share (EPS TTM) of SKYX Platforms Corp (SKYX)?
The Earnings Per Share (EPS TTM) of SKYX Platforms Corp (SKYX) is -0.352.