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Upturn AI SWOT - About
SKYX 
SKYX Platforms Corp (SKYX)
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Upturn Advisory Summary
08/28/2025: SKYX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
4 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $3.12
1 Year Target Price $3.12
| 2 | Strong Buy |
| 2 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -59.05% | Avg. Invested days 16 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 133.74M USD | Price to earnings Ratio - | 1Y Target Price 3.12 |
Price to earnings Ratio - | 1Y Target Price 3.12 | ||
Volume (30-day avg) 4 | Beta -3559.91 | 52 Weeks Range 0.80 - 2.13 | Updated Date 08/29/2025 |
52 Weeks Range 0.80 - 2.13 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.35 |
Earnings Date
Report Date 2025-08-12 | When - | Estimate -0.08 | Actual -0.08 |
Profitability
Profit Margin -41.01% | Operating Margin (TTM) -32.61% |
Management Effectiveness
Return on Assets (TTM) -30.15% | Return on Equity (TTM) -481.19% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 173267817 | Price to Sales(TTM) 1.5 |
Enterprise Value 173267817 | Price to Sales(TTM) 1.5 | ||
Enterprise Value to Revenue 1.95 | Enterprise Value to EBITDA -13.02 | Shares Outstanding 111447000 | Shares Floating 67432162 |
Shares Outstanding 111447000 | Shares Floating 67432162 | ||
Percent Insiders 39.57 | Percent Institutions 12.92 |
Upturn AI SWOT
SKYX Platforms Corp
Company Overview
History and Background
SKYX Platforms Corp, formerly known as Sky Technologies, was founded with the mission to develop and market safe-smart home and building technology. Its core innovation focuses on safer, simpler lighting and smart platform technologies, aiming to modernize electrical systems and enhance safety standards. The company has evolved from its initial concept to a publicly traded entity focused on mass commercialization.
Core Business Areas
- Smart Platform: Develops and markets a comprehensive smart platform designed to integrate various smart home devices and systems. This platform enables seamless control and management of interconnected devices, focusing on safety and user experience.
- Safe-Smart Lighting: Focuses on designing and producing safer, simpler lighting solutions. This segment includes their flagship SKYX Smart Platform, designed to reduce electrical risks and simplify installation processes. The product is aimed at both residential and commercial markets.
Leadership and Structure
The leadership team is headed by Rani Kohen, Founder and Executive Chairman. The organizational structure includes departments for product development, sales and marketing, operations, and finance.
Top Products and Market Share
Key Offerings
- SKYX Smart Platform: A comprehensive smart platform designed to control and manage various smart home devices, including lighting, security systems, and appliances. The platform aims to simplify smart home integration and enhance safety. Revenue and market share data are not publicly available. Competitors include established smart home platforms like Apple HomeKit, Google Home, and Amazon Alexa.
- Safe-Smart Lighting Fixtures: Innovative lighting fixtures designed for safer and easier installation, incorporating features that reduce electrical hazards. The market share is currently small as the company is in its early stages of commercialization, but the potential market is substantial. Competitors include traditional lighting fixture manufacturers like Acuity Brands (AYI) and Eaton (ETN) as well as smart lighting providers like Philips Hue (Philips (PHG)).
Market Dynamics
Industry Overview
The smart home and building technology market is experiencing substantial growth, driven by increasing adoption of IoT devices, rising consumer demand for convenience and energy efficiency, and advancements in AI and connectivity. The lighting industry is also evolving with a growing emphasis on energy efficiency, smart features, and safety standards.
Positioning
SKYX Platforms Corp aims to differentiate itself through its focus on safety and ease of use, targeting both consumers and professional installers. The Smart Platform is positioned as a user-friendly integrated solution. Their smart lighting product is aimed at the underserved consumer market.
Total Addressable Market (TAM)
The TAM for smart home devices and lighting is estimated to be in the tens of billions of dollars globally. SKYX Platforms Corp is positioned to capture a portion of this market through its focus on safety and simplified installation. The TAM for lighting in the US alone exceeds $20 billion.
Upturn SWOT Analysis
Strengths
- Innovative Technology
- Focus on Safety
- Simplified Installation
- Strong Intellectual Property (patents)
Weaknesses
- Limited Brand Recognition
- Nascent Commercialization
- Dependence on Partnerships
- Negative Earnings History
Opportunities
- Strategic Partnerships
- Expansion into New Markets
- Increased Adoption of Smart Home Technology
- Stringent Safety Regulations
Threats
- Competition from Established Players
- Changing Technological Standards
- Economic Downturns
- Supply Chain Disruptions
Competitors and Market Share
Key Competitors
- AYI
- ETN
- AAPL
- AMZN
Competitive Landscape
SKYX Platforms Corp faces competition from established players in the lighting and smart home markets. Its competitive advantage lies in its focus on safety and simplified installation. Its key disadvantage is its lack of brand recognition and limited resources compared to larger competitors.
Growth Trajectory and Initiatives
Historical Growth: SKYX Platforms Corp's historical growth is characterized by the development and patenting of its core technology. The company is now in the process of scaling up manufacturing and distribution.
Future Projections: Future growth projections depend on successful commercialization of its products, expansion into new markets, and securing strategic partnerships. Analyst estimates are not readily available.
Recent Initiatives: Recent initiatives include expanding its distribution network, partnering with major retailers and builders, and continuing product development. They recently received an important safety certification for their product.
Summary
SKYX Platforms Corp. is a relatively young company with innovative safe-smart home technology but faces challenges in commercialization and competition. Its focus on safety and simplified installation provides a competitive edge in the smart home market. Potential risks include limited brand recognition and reliance on strategic partnerships, but there are positive growth prospects as it expands its distribution and product offerings.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Company SEC Filings
- Market Research Reports
- Financial News Outlets
Disclaimers:
The information provided is for informational purposes only and should not be considered as investment advice. Market share data is based on available information and estimates, and may not be precise. Financial data is limited due to the company's early stage of commercialization.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SKYX Platforms Corp
Exchange NASDAQ | Headquaters Pompano Beach, FL, United States | ||
IPO Launch date 2016-08-05 | Co-CEO & Director Mr. Leonard Jay Sokolow CPA, Econ., LL.M. | ||
Sector Industrials | Industry Electrical Equipment & Parts | Full time employees 76 | Website https://www.skyplug.com |
Full time employees 76 | Website https://www.skyplug.com | ||
SKYX Platforms Corp. provides a series of safe-smart platform technologies in the United States. 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. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. SKYX Platforms Corp. was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. The company was incorporated in 2004 and is based in Pompano Beach, Florida.
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