SKYX Launches New SKYFAN and Turbo Heater at Home Depot
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Should l Buy SKYX?
SKYX Platforms (SKYX) announced the launch of its newly patented all-in-one ceiling plug & play SKYFAN & Turbo Heater at Home Depot (HD), including a new dedicated SkyPlug branding page for SKYX's SKYFAN & Turbo Heater and its plug & play products on HomeDepot.com. The Home Depot Turbo Heater launch, including the launch of SKYX's new SkyPlug branding page on HomeDepot.com, is expected to support increased visibility, consumer education, and demand throughout fiscal year 2026, as the Company continues to grow its market penetration in both professional and retail segments.
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Analyst Views on SKYX
Wall Street analysts forecast SKYX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SKYX is 4.08 USD with a low forecast of 3.00 USD and a high forecast of 5.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 2.020
Low
3.00
Averages
4.08
High
5.00
Current: 2.020
Low
3.00
Averages
4.08
High
5.00
About SKYX
SKYX Platforms Corp. is a platform technology company. The Company has a series of disruptive advanced-safe-smart platform technologies. The Company owns over 60 lighting and home decor Websites for both the retail and commercial segments. Its first- and second-generation technologies enable light fixtures, ceiling fans and other electrically wired products to be installed safely and plugged in to a ceiling’s electrical outlet box, and without the need to touch hazardous wires. Its products are designed to improve all around home and building safety and lifestyle. Its products include The Weight Bearing Power-Plug, Sky Universal Power-Plug & Receptacle, SkyHome App, Sky Smart Gen-2 - Universal Power-Plug & Receptacle, Sky - Smart Gen2 for Plug and Play Ceiling Fans, Sky - Smart Gen-2 for Plug and Play Lighting, and Sky - All-In-One Smart Sky Platform. The Weight Bearing Power-Plug acts as an installation device, designed for plug and play installation of weight-bearing electronics.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SKYX Launches New Brand Page at Home Depot for Product Growth
- Product Education and Market Expansion: SKYX has launched a new brand page at Home Depot aimed at enhancing consumer awareness of the SKYFAN and Turbo Heater, which is expected to drive sales growth throughout fiscal year 2026 and further solidify its position in the smart home market.
- Significant Market Potential: The ceiling fan and space heater categories represent a multi-billion-dollar annual market in North America, and SKYX's innovative products are set to directly participate in this vast market, likely leading to a substantial increase in the company's market share.
- Technological Innovation and Safety: The SKYFAN and Turbo Heater combine the functionalities of a fan and heater, directing heat and airflow to the ceiling, which enhances safety and space utilization, addressing year-round heating and cooling needs in residential and light commercial settings.
- Production and Expansion Plans: In response to early demand, SKYX plans to continue expanding its Turbo Heater ceiling fan product line, with production expected to accelerate through partnerships with manufacturing partners to meet the growing market demand.
See More
SKYX Plans 2026 Launch of New Ceiling Fan and Heater at Lowes, Targeting Multi-Billion Dollar Market
- Market Growth Expectation: SKYX anticipates significant growth in its Lowes business during 2026, primarily driven by the launch of its new ceiling fan and turbo heater, which is expected to generate substantial revenue and further solidify its position in the smart home market.
- Product Innovation: The new product combines a ceiling fan with a built-in turbo heater, offering a safer and more efficient alternative that addresses the demand for tens of millions of units sold annually in North America, likely boosting sales during both winter and summer seasons.
- Production and Launch Plans: SKYX has commenced production with manufacturing partners and plans a broad rollout in Q1 2026 to align with the winter sales season, which is expected to enhance customer satisfaction and market share.
- Strategic Market Positioning: The ceiling fan and heater will be offered in six colors for both residential and commercial markets, showcasing the company's commitment to innovation, safety, and scalable solutions, and is expected to create significant value for customers and shareholders.
See More
SKYX Platforms Secures $14 Million Funding to Accelerate Market Penetration
- Funding Expansion: SKYX has raised approximately $14 million in the past three months from strategic investors and long-term shareholders, including a $4 million investment from Philotimo Fund, LP, further strengthening the company's balance sheet.
- Enhanced Shareholder Base: The investment was completed at $2.00 per share for 2 million shares of common stock, with Philotimo Fund becoming a new investor in SKYX, reflecting confidence in the company's growth potential as it expands its long-term shareholder base.
- Significant Market Opportunity: SKYX estimates its total addressable market in the U.S. at approximately $500 billion, with over 4.2 billion ceiling applications, positioning its technology platform to create recurring revenue opportunities through smart home products and drive future growth.
- Clear Strategic Vision: Founder Rani Kohen stated that with expanding retail distribution and increasing commercial deployments, the company is well-positioned for its next phase of growth in 2026 and beyond, aiming to standardize smart, safe, and advanced homes.
See More
Applied Digital Reports Q2 Earnings of $126.59M, Beating Estimates
- Earnings Beat: Applied Digital Corp. reported zero cents per share in Q2 earnings, surpassing analyst expectations of a 10-cent loss, indicating a significant improvement in the company's profitability.
- Significant Revenue Growth: The quarterly revenue reached $126.59 million, exceeding the market estimate of $89.76 million, reflecting strong performance in market demand and product sales.
- Positive Market Reaction: Following the earnings report, market confidence in Applied Digital has strengthened, which is expected to drive its stock price higher and further solidify its market position in digital technology.
- Optimistic Future Outlook: The company continues to optimize operational efficiency and product offerings, which is anticipated to enhance revenue and profitability in future quarters, boosting investor confidence in its long-term growth potential.
See More
SKYX Partners with Nvidia to Enhance Smart Home Platform
- Strategic Partnership: SKYX Platforms Corp. announced its entry into Nvidia's Connect Program, gaining access to cloud tools and AI software frameworks, with plans to embed these resources into its ceiling automation platform, enhancing product competitiveness and accelerating the innovation cycle.
- Technology Integration: SKYX's ceiling-mounted hub will integrate safety sensors, lighting controls, and audio systems, leveraging Nvidia's ecosystem to enable advanced speech recognition and real-time analytics, transforming smart homes into intelligent control centers.
- Security Framework: Utilizing Nvidia's GPU and DPU infrastructure, SKYX will enable encrypted processing of anonymized device data, launching next-generation safety monitoring and predictive alert features, which are expected to drive recurring revenue through subscriptions and analytics services.
- Market Outlook: As global demand for safety and efficiency rises, AI-driven home automation is attracting investor attention, with SKYX planning to deploy its Nvidia-powered platform across U.S. and international projects, further expanding its market share.
See More
SKYX Launches New Products and Expands AI Ecosystem
- Product Launch: SKYX has launched its patented SKYFAN and Turbo Heater at Target in the U.S. and in Canada, with expectations to drive sales of over 60,000 units by Q1 2026, significantly enhancing market penetration.
- Revenue Growth: SKYX's revenues have increased consecutively from $19 million in Q1 2024 to $24 million in Q3 2025, indicating strong market demand and ongoing business expansion potential.
- Strategic Collaboration: SKYX has entered into an agreement with Global Ventures Group to deploy its smart technologies into tens of thousands of homes and hotels in the Middle East, which is expected to generate hundreds of thousands of units in orders, further driving global expansion.
- AI-Driven E-Commerce Platform: The upcoming AI-driven e-commerce platform is expected to increase sales conversion rates by up to 30%, not only optimizing B2B and B2C experiences but also creating opportunities for future recurring revenues.
See More
SKYX Launches New Brand Page at Home Depot for Product Growth
- Product Education and Market Expansion: SKYX has launched a new brand page at Home Depot aimed at enhancing consumer awareness of the SKYFAN and Turbo Heater, which is expected to drive sales growth throughout fiscal year 2026 and further solidify its position in the smart home market.
- Significant Market Potential: The ceiling fan and space heater categories represent a multi-billion-dollar annual market in North America, and SKYX's innovative products are set to directly participate in this vast market, likely leading to a substantial increase in the company's market share.
- Technological Innovation and Safety: The SKYFAN and Turbo Heater combine the functionalities of a fan and heater, directing heat and airflow to the ceiling, which enhances safety and space utilization, addressing year-round heating and cooling needs in residential and light commercial settings.
- Production and Expansion Plans: In response to early demand, SKYX plans to continue expanding its Turbo Heater ceiling fan product line, with production expected to accelerate through partnerships with manufacturing partners to meet the growing market demand.
See More
SKYX Plans 2026 Launch of New Ceiling Fan and Heater at Lowes, Targeting Multi-Billion Dollar Market
- Market Growth Expectation: SKYX anticipates significant growth in its Lowes business during 2026, primarily driven by the launch of its new ceiling fan and turbo heater, which is expected to generate substantial revenue and further solidify its position in the smart home market.
- Product Innovation: The new product combines a ceiling fan with a built-in turbo heater, offering a safer and more efficient alternative that addresses the demand for tens of millions of units sold annually in North America, likely boosting sales during both winter and summer seasons.
- Production and Launch Plans: SKYX has commenced production with manufacturing partners and plans a broad rollout in Q1 2026 to align with the winter sales season, which is expected to enhance customer satisfaction and market share.
- Strategic Market Positioning: The ceiling fan and heater will be offered in six colors for both residential and commercial markets, showcasing the company's commitment to innovation, safety, and scalable solutions, and is expected to create significant value for customers and shareholders.
See More
SKYX Platforms Secures $14 Million Funding to Accelerate Market Penetration
- Funding Expansion: SKYX has raised approximately $14 million in the past three months from strategic investors and long-term shareholders, including a $4 million investment from Philotimo Fund, LP, further strengthening the company's balance sheet.
- Enhanced Shareholder Base: The investment was completed at $2.00 per share for 2 million shares of common stock, with Philotimo Fund becoming a new investor in SKYX, reflecting confidence in the company's growth potential as it expands its long-term shareholder base.
- Significant Market Opportunity: SKYX estimates its total addressable market in the U.S. at approximately $500 billion, with over 4.2 billion ceiling applications, positioning its technology platform to create recurring revenue opportunities through smart home products and drive future growth.
- Clear Strategic Vision: Founder Rani Kohen stated that with expanding retail distribution and increasing commercial deployments, the company is well-positioned for its next phase of growth in 2026 and beyond, aiming to standardize smart, safe, and advanced homes.
See More
Applied Digital Reports Q2 Earnings of $126.59M, Beating Estimates
- Earnings Beat: Applied Digital Corp. reported zero cents per share in Q2 earnings, surpassing analyst expectations of a 10-cent loss, indicating a significant improvement in the company's profitability.
- Significant Revenue Growth: The quarterly revenue reached $126.59 million, exceeding the market estimate of $89.76 million, reflecting strong performance in market demand and product sales.
- Positive Market Reaction: Following the earnings report, market confidence in Applied Digital has strengthened, which is expected to drive its stock price higher and further solidify its market position in digital technology.
- Optimistic Future Outlook: The company continues to optimize operational efficiency and product offerings, which is anticipated to enhance revenue and profitability in future quarters, boosting investor confidence in its long-term growth potential.
See More
SKYX Partners with Nvidia to Enhance Smart Home Platform
- Strategic Partnership: SKYX Platforms Corp. announced its entry into Nvidia's Connect Program, gaining access to cloud tools and AI software frameworks, with plans to embed these resources into its ceiling automation platform, enhancing product competitiveness and accelerating the innovation cycle.
- Technology Integration: SKYX's ceiling-mounted hub will integrate safety sensors, lighting controls, and audio systems, leveraging Nvidia's ecosystem to enable advanced speech recognition and real-time analytics, transforming smart homes into intelligent control centers.
- Security Framework: Utilizing Nvidia's GPU and DPU infrastructure, SKYX will enable encrypted processing of anonymized device data, launching next-generation safety monitoring and predictive alert features, which are expected to drive recurring revenue through subscriptions and analytics services.
- Market Outlook: As global demand for safety and efficiency rises, AI-driven home automation is attracting investor attention, with SKYX planning to deploy its Nvidia-powered platform across U.S. and international projects, further expanding its market share.
See More
SKYX Launches New Products and Expands AI Ecosystem
- Product Launch: SKYX has launched its patented SKYFAN and Turbo Heater at Target in the U.S. and in Canada, with expectations to drive sales of over 60,000 units by Q1 2026, significantly enhancing market penetration.
- Revenue Growth: SKYX's revenues have increased consecutively from $19 million in Q1 2024 to $24 million in Q3 2025, indicating strong market demand and ongoing business expansion potential.
- Strategic Collaboration: SKYX has entered into an agreement with Global Ventures Group to deploy its smart technologies into tens of thousands of homes and hotels in the Middle East, which is expected to generate hundreds of thousands of units in orders, further driving global expansion.
- AI-Driven E-Commerce Platform: The upcoming AI-driven e-commerce platform is expected to increase sales conversion rates by up to 30%, not only optimizing B2B and B2C experiences but also creating opportunities for future recurring revenues.
See More
