Analysts Set Expectations for SKYX Platforms Q1 Earnings

SKYX Platforms Corp. (NASDAQ:SKYX) – Noble Financial issued their Q1 2026 EPS estimates for shares of SKYX Platforms in a research note issued on Friday, March 27th. Noble Financial analyst P. Mccann forecasts that the company will post earnings of ($0.07) per share for the quarter. The consensus estimate for SKYX Platforms’ current full-year earnings is ($0.34) per share. Noble Financial also issued estimates for SKYX Platforms’ Q2 2026 earnings at ($0.07) EPS.

A number of other equities analysts also recently issued reports on the stock. Roth Mkm reissued a “buy” rating and issued a $5.00 price objective (up from $4.25) on shares of SKYX Platforms in a report on Thursday, January 22nd. Weiss Ratings reiterated a “sell (e+)” rating on shares of SKYX Platforms in a research report on Thursday, January 22nd. Finally, Lake Street Capital began coverage on shares of SKYX Platforms in a research note on Thursday, March 5th. They set a “buy” rating and a $5.00 price target on the stock. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $5.00.

SKYX Platforms Stock Performance

Shares of NASDAQ:SKYX opened at $1.20 on Monday. The stock’s 50-day simple moving average is $2.09 and its two-hundred day simple moving average is $1.89. The stock has a market capitalization of $159.27 million, a price-to-earnings ratio of -3.85 and a beta of -3,937.89. SKYX Platforms has a 52-week low of $0.88 and a 52-week high of $3.29.

SKYX Platforms (NASDAQ:SKYX) last issued its quarterly earnings data on Thursday, March 26th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.01). The company had revenue of $24.94 million during the quarter, compared to the consensus estimate of $25.12 million.

Institutional Investors Weigh In On SKYX Platforms

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised 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 valued at $302,000 after purchasing an additional 231,000 shares during the period. Jane Street Group LLC grew its holdings in SKYX Platforms by 258.5% during the 1st quarter. Jane Street Group LLC now owns 190,265 shares of the company’s stock valued at $217,000 after buying an additional 137,193 shares in the last quarter. Geode Capital Management LLC raised its position in shares of SKYX Platforms by 96.9% during the second quarter. Geode Capital Management LLC now owns 1,460,777 shares of the company’s stock valued at $1,527,000 after buying an additional 718,712 shares during the last quarter. Intech Investment Management LLC bought a new stake in shares of SKYX Platforms during the second quarter valued at approximately $32,000. Finally, New York State Common Retirement Fund purchased a new position in shares of SKYX Platforms in the second quarter worth $82,000. Institutional investors own 11.79% of the company’s stock.

SKYX Platforms News Summary

Here are the key news stories impacting SKYX Platforms this week:

• Positive Sentiment: Company reported record revenue trends — Q4 revenue ~ $25M and eight consecutive quarters of year‑over‑year growth; FY‑2025 revenue reported at $92M (up from $86M), and gross profit improved. GlobeNewswire: Record Quarter
• Positive Sentiment: Commercial momentum and product expansion: launches (SKYFAN, Turbo Heater), retail placement (major U.S. retailers named), a partnership with NVIDIA’s AI Ecosystem Connect, and company claims it expects to deploy >1M smart‑home units across U.S. and global projects in 2026 — potential revenue and recurring services upside if deployments materialize. MSN: Deployment Plans
• Neutral Sentiment: Management commentary and full Q4 earnings call transcript are available for details on guidance, margin drivers and the path to cash‑flow positive; investors should review the call for near‑term bookings and timing of large project rollouts. Seeking Alpha: Earnings Call Transcript
• Negative Sentiment: Q4 results missed near‑term estimates: EPS ~ -$0.08 vs consensus ~ -$0.06 and revenue slightly below estimates (~$24.9M vs ~$25M+ expected). Operating loss and net loss widened; cash from operations remains negative. These misses and cash depletion are key reasons for the stock weakness. Zacks: Q4 Loss, Misses Estimates
• Negative Sentiment: Balance‑sheet & cash concerns: cash and equivalents declined materially year‑over‑year (~$8M reported), operating cash used remains negative; these raise near‑term financing and runway questions despite recent capital raises. QuiverQuant: Stock Falls on Earnings

About SKYX Platforms

SKYX Platforms (NASDAQ:SKYX) provides comprehensive maintenance, repair and overhaul (MRO) services and operational support for commercial unmanned aerial systems (UAS). Through its digital platform, the company streamlines the booking, tracking and management of drone maintenance events, ensuring that operators maintain compliance with aviation regulations and industry best practices. SKYX Platforms’ offering is designed to reduce downtime, improve safety and extend the service life of UAS fleets across a wide range of applications.

The company’s service portfolio includes scheduled and unscheduled maintenance, component repair, spare parts provisioning, firmware and software updates, and field support.