Q1 EPS Estimates for SKYX Platforms Lowered by Roth Capital

SKYX Platforms Corp. (NASDAQ:SKYX) – Analysts at Roth Capital lowered their Q1 2025 earnings estimates for SKYX Platforms in a research report issued to clients and investors on Thursday, March 27th. Roth Capital analyst G. Sweeney now expects that the company will earn ($0.10) per share for the quarter, down from their previous forecast of ($0.06). The consensus estimate for SKYX Platforms’ current full-year earnings is ($0.34) per share. Roth Capital also issued estimates for SKYX Platforms’ Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.28) EPS and FY2026 earnings at ($0.18) EPS.

SKYX Platforms Stock Down 2.6 %

Shares of SKYX opened at $1.11 on Monday. The company has a 50-day moving average price of $1.53 and a two-hundred day moving average price of $1.27. SKYX Platforms has a 12 month low of $0.72 and a 12 month high of $2.14. The stock has a market cap of $115.96 million, a price-to-earnings ratio of -2.78 and a beta of -3,008.78. The company has a quick ratio of 0.47, a current ratio of 0.62 and a debt-to-equity ratio of 2.22.

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

Institutional Trading of SKYX Platforms

Hedge funds and other institutional investors have recently made changes to their positions in the business. Virtu Financial LLC acquired a new position in SKYX Platforms during the 3rd quarter valued at about $27,000. SlateStone Wealth LLC raised its stake in shares of SKYX Platforms by 169.8% in the 4th quarter. SlateStone Wealth LLC now owns 28,600 shares of the company’s stock valued at $33,000 after purchasing an additional 18,000 shares during the period. Certuity LLC lifted its stake in SKYX Platforms by 60.6% in the 4th quarter. Certuity LLC now owns 28,259 shares of the company’s stock valued at $33,000 after acquiring an additional 10,659 shares in the last quarter. Prudential Financial Inc. acquired a new position in SKYX Platforms during the fourth quarter worth $36,000. Finally, Barclays PLC increased its position in shares of SKYX Platforms by 3,081,100.0% in the fourth quarter. Barclays PLC now owns 30,812 shares of the company’s stock valued at $36,000 after acquiring an additional 30,811 shares during the last quarter. 11.79% of the stock is currently owned by institutional investors and hedge funds.

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.