SKYX Platforms Q2 EPS Estimate Boosted by Noble Financial

SKYX Platforms Corp. (NASDAQ:SKYX) – Equities researchers at Noble Financial boosted their Q2 2026 earnings per share (EPS) estimates for SKYX Platforms in a report issued on Thursday, May 21st. Noble Financial analyst J. Gomes now forecasts that the company will post earnings per share of ($0.06) for the quarter, up from their previous forecast of ($0.07). Noble Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for SKYX Platforms’ current full-year earnings is ($0.22) per share. Noble Financial also issued estimates for SKYX Platforms’ Q3 2026 earnings at ($0.05) EPS, Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($0.22) EPS and FY2027 earnings at ($0.16) EPS.

Several other equities research analysts have also recently commented on SKYX. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SKYX Platforms in a research report on Tuesday, April 21st. Lake Street Capital assumed coverage on SKYX Platforms in a research report on Thursday, March 5th. They set a “buy” rating and a $5.00 price objective on the stock. Finally, Wall Street Zen cut SKYX Platforms from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.00.

SKYX Platforms Stock Performance

SKYX Platforms stock opened at $1.13 on Monday. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.70 and a quick ratio of 1.55. SKYX Platforms has a one year low of $0.96 and a one year high of $3.29. The stock has a market capitalization of $151.96 million, a PE ratio of -3.90 and a beta of -3,565.99. The business’s fifty day moving average is $1.26 and its 200 day moving average is $1.83.

SKYX Platforms (NASDAQ:SKYX) last released its quarterly earnings data on Monday, May 11th. The company reported ($0.07) EPS for the quarter, meeting the consensus estimate of ($0.07). The business had revenue of $22.09 million for the quarter, compared to analysts’ expectations of $21.98 million.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Vise Technologies Inc. purchased a new position in SKYX Platforms in the fourth quarter worth about $35,000. Quadrature Capital Ltd lifted its position in shares of SKYX Platforms by 50.5% during the 4th quarter. Quadrature Capital Ltd now owns 22,577 shares of the company’s stock valued at $49,000 after buying an additional 7,575 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of SKYX Platforms during the 4th quarter valued at about $49,000. Hsbc Holdings PLC purchased a new position in shares of SKYX Platforms during the 4th quarter valued at about $61,000. Finally, Invesco Ltd. purchased a new position in shares of SKYX Platforms during the 2nd quarter valued at about $34,000. 11.79% of the stock is owned by hedge funds and other institutional investors.

SKYX Platforms Company Profile

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.