SKYX Platforms (SKYX) Expected to Post Earnings on Tuesday

SKYX Platforms (NASDAQ:SKYX) is projected to release its Q2 2026 results before the market opens on Tuesday, August 11th. Analysts expect SKYX Platforms to post earnings of ($0.07) per share and revenue of $24.0660 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, August 11, 2026 at 10:00 AM ET.

SKYX Platforms (NASDAQ:SKYX) last posted its quarterly earnings results on Monday, May 11th. The company reported ($0.07) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.07). The company had revenue of $22.09 million during the quarter, compared to analyst estimates of $21.98 million. On average, analysts expect SKYX Platforms to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

SKYX Platforms Trading Up 2.3%

Shares of NASDAQ:SKYX traded up $0.03 during midday trading on Tuesday, hitting $1.14. The company had a trading volume of 146,742 shares, compared to its average volume of 1,424,797. SKYX Platforms has a 12 month low of $0.95 and a 12 month high of $3.29. The company has a current ratio of 1.70, a quick ratio of 1.55 and a debt-to-equity ratio of 1.37. The stock has a market cap of $152.63 million, a price-to-earnings ratio of -3.91 and a beta of -3,491.50. The firm has a fifty day simple moving average of $1.11 and a 200 day simple moving average of $1.49.

Institutional Investors Weigh In On SKYX Platforms

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vise Technologies Inc. purchased a new position in shares of SKYX Platforms during the fourth quarter worth approximately $35,000. Quadrature Capital Ltd grew its holdings 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 worth $49,000 after acquiring an additional 7,575 shares during the period. The Manufacturers Life Insurance Company bought a new position in SKYX Platforms in the fourth quarter worth $49,000. Hsbc Holdings PLC bought a new position in shares of SKYX Platforms during the fourth quarter valued at approximately $61,000. Finally, Invesco Ltd. purchased a new position in SKYX Platforms during the second quarter valued at $34,000. 11.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SKYX has been the topic of several analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of SKYX Platforms in a research note on Friday, July 17th. Noble Financial raised SKYX Platforms to a “strong-buy” rating in a research note on Tuesday, May 12th. Finally, Wall Street Zen downgraded shares of SKYX Platforms from a “hold” rating to a “sell” rating in a research report on Saturday, June 20th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $5.00.

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.