Noble Financial Forecasts SKYX Platforms Q1 Earnings

SKYX Platforms Corp. (NASDAQ:SKYX) – Investment analysts at Noble Financial issued their Q1 2026 earnings per share estimates for shares of SKYX Platforms in a research report issued to clients and investors on Friday, March 27th. Noble Financial analyst P. Mccann anticipates 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) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). The company had revenue of $24.94 million during the quarter, compared to analyst estimates of $25.12 million.

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

SKYX Platforms Trading Down 7.9%

Shares of SKYX opened at $1.10 on Monday. The stock has a market cap of $146.61 million, a P/E ratio of -3.55 and a beta of -3,937.89. SKYX Platforms has a 1 year low of $0.88 and a 1 year high of $3.29. The stock’s 50-day moving average price is $2.06 and its two-hundred day moving average price is $1.88.

Institutional Investors Weigh In On SKYX Platforms

A number of hedge funds have recently modified their holdings of the business. Geode Capital Management LLC lifted its holdings in shares of SKYX Platforms by 96.9% during the 2nd quarter. Geode Capital Management LLC now owns 1,460,777 shares of the company’s stock valued at $1,527,000 after purchasing an additional 718,712 shares in the last quarter. Daytona Street Capital LLC acquired a new position in shares of SKYX Platforms in the 4th quarter valued at approximately $881,000. Renaissance Technologies LLC increased its stake in SKYX Platforms by 741.7% during the 4th quarter. Renaissance Technologies LLC now owns 355,213 shares of the company’s stock worth $771,000 after purchasing an additional 313,013 shares in the last quarter. Corient Private Wealth LLC raised its holdings in SKYX Platforms by 163.0% during the 2nd quarter. Corient Private Wealth LLC now owns 446,981 shares of the company’s stock worth $467,000 after buying an additional 277,000 shares during the period. Finally, Vanguard Group Inc. raised its holdings in SKYX Platforms by 7.6% during the 3rd quarter. Vanguard Group Inc. now owns 3,326,427 shares of the company’s stock worth $3,726,000 after buying an additional 235,625 shares during the period. Institutional investors and hedge funds own 11.79% of the company’s stock.

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.