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SKYX logo SKYX
Upturn stock ratingUpturn stock rating
SKYX logo

SKYX Platforms Corp (SKYX)

Upturn stock ratingUpturn stock rating
$1.26
Last Close (24-hour delay)
Profit since last BUY5.88%
upturn advisory
Consider higher Upturn Star rating
BUY since 15 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

09/15/2025: SKYX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

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

Analysts Price Target For last 52 week
$3.12 Target price
52w Low $0.8
Current$1.26
52w High $2.13

Analysis of Past Performance

Type Stock
Historic Profit -57.01%
Avg. Invested days 17
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 139.31M 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 -3584.22
52 Weeks Range 0.80 - 2.13
Updated Date 09/14/2025
52 Weeks Range 0.80 - 2.13
Updated Date 09/14/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.35

Earnings Date

Report Date -
When -
Estimate -
Actual -

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 178840170
Price to Sales(TTM) 1.56
Enterprise Value 178840170
Price to Sales(TTM) 1.56
Enterprise Value to Revenue 2.01
Enterprise Value to EBITDA -13.02
Shares Outstanding 111447000
Shares Floating 67432162
Shares Outstanding 111447000
Shares Floating 67432162
Percent Insiders 39.54
Percent Institutions 12.92

ai summary icon Upturn AI SWOT

SKYX Platforms Corp

stock logo

Company Overview

overview logo History and Background

SkyX Platforms Corp. was founded in 2014. It focuses on developing and commercializing innovative ceiling fan and lighting control systems. It aims to disrupt the traditional ceiling fan market with safer and smarter solutions.

business area logo Core Business Areas

  • Smart Home Solutions: Develops and markets smart ceiling fan control systems and related smart home accessories.
  • Lighting Control: Offers lighting control products integrated with ceiling fan systems.

leadership logo Leadership and Structure

Rani Kohen is the Founder and CEO. The company has a typical corporate structure with departments for Engineering, Marketing, Sales, and Operations.

Top Products and Market Share

overview logo Key Offerings

  • SkyPlug: SkyPlug is a smart ceiling fan receiver and control system designed for easier and safer installation. Market share data is not publicly available. Competitors include traditional ceiling fan manufacturers like Hunter Fan Company and Casablanca Fan Company, and smart home device companies like Lutron.
  • SkyPanel: SkyPanel is a smart lighting control panel integrated with the SkyPlug system. Market share data is not publicly available. Competitors include Lutron, Leviton, and Philips Hue in the smart lighting control market.

Market Dynamics

industry overview logo Industry Overview

The smart home market is experiencing significant growth, driven by increased adoption of IoT devices and consumer demand for automation and convenience. The ceiling fan market is also evolving with a focus on energy efficiency and smart features.

Positioning

SkyX Platforms Corp. is positioned as an innovator in the smart ceiling fan and lighting control market, focusing on ease of installation and safety. They aim to differentiate themselves through patented technology and a focus on the professional installer market.

Total Addressable Market (TAM)

The global smart home market is projected to reach hundreds of billions of dollars. SkyX is positioned to capture a portion of the smart ceiling fan and lighting control segment of this market.

Upturn SWOT Analysis

Strengths

  • Patented SkyPlug technology
  • Focus on professional installer market
  • Innovative product design

Weaknesses

  • Limited brand recognition
  • Smaller scale compared to established competitors
  • Relatively high product prices

Opportunities

  • Growing smart home market
  • Partnerships with home builders and retailers
  • Expansion into new product categories (e.g., smart lighting)

Threats

  • Competition from established ceiling fan manufacturers
  • Price pressure from lower-cost alternatives
  • Economic downturn impacting home improvement spending

Competitors and Market Share

competitor logo Key Competitors

  • HUN
  • CASAFAN
  • LUTRON

Competitive Landscape

SkyX's advantage lies in its innovative, safer, and easier-to-install SkyPlug technology. However, established competitors have greater brand recognition, manufacturing capabilities, and financial resources.

Growth Trajectory and Initiatives

Historical Growth: Historical growth can be determined from revenue and earnings growth over past years.

Future Projections: Analyst estimates (if available) and company guidance inform future growth projections. These often depend on product adoption rates and market conditions.

Recent Initiatives: Recent initiatives include product launches, partnerships, and expansion into new markets.

Summary

SkyX Platforms Corp. is an innovative player in the smart home market with a focus on safer and easier-to-install ceiling fan solutions. Its patented SkyPlug technology provides a competitive edge. Limited brand recognition and strong competition in the market could impede the company's future growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Market Research Reports
  • Yahoo Finance

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market share data is estimated and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 76

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.