Brokers Offer Predictions for SKYX Platforms Q1 Earnings

SKYX Platforms Corp. (NASDAQ:SKYX) – Investment analysts at Noble Financial issued their Q1 2026 earnings per share estimates for SKYX Platforms in a research report issued to clients and investors on Friday, March 27th. Noble Financial analyst P. Mccann forecasts that the company will post earnings per share of ($0.07) 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.

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

Several other brokerages have also commented on SKYX. Roth Mkm reiterated a “buy” rating and issued a $5.00 price target (up from $4.25) on shares of SKYX Platforms in a research note on Thursday, January 22nd. Lake Street Capital initiated coverage on shares of SKYX Platforms in a research report on Thursday, March 5th. They set a “buy” rating and a $5.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SKYX Platforms in a research report on Thursday, January 22nd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, SKYX Platforms currently has a consensus rating of “Hold” and a consensus target price of $5.00.

SKYX Platforms Stock Performance

Shares of NASDAQ SKYX opened at $1.12 on Monday. The stock’s 50-day simple moving average is $2.04 and its 200-day simple moving average is $1.88. The firm has a market capitalization of $149.27 million, a PE ratio of -3.61 and a beta of -3,941.08. SKYX Platforms has a fifty-two week low of $0.88 and a fifty-two week high of $3.29.

Institutional Investors Weigh In On SKYX Platforms

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Intech Investment Management LLC purchased a new position in shares of SKYX Platforms during the second quarter worth about $32,000. Invesco Ltd. purchased a new stake in SKYX Platforms during the 2nd quarter valued at approximately $34,000. Vise Technologies Inc. acquired a new stake in SKYX Platforms during the 4th quarter worth approximately $35,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of SKYX Platforms in the 2nd quarter valued at approximately $35,000. Finally, JPMorgan Chase & Co. grew its stake in shares of SKYX Platforms by 31.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 40,088 shares of the company’s stock valued at $45,000 after purchasing an additional 9,647 shares during the last quarter. 11.79% of the stock is owned by hedge funds and other institutional investors.

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.