Should I Buy SKYX? SKYX 2026 Analysis

Should You Buy SKYX Platforms Corp (SKYX) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

2.520

1 Day change

-2.33%

52 Week Range

3.290

Analysis Updated At

2026/01/26

Based on the investor's beginner level, long-term strategy, and available investment range, SKYX Platforms Corp appears to be a good buy. The company is at an inflection point with positive technical indicators, a bullish analyst rating, and upcoming product launches that could drive growth. Despite current financial challenges, its revenue growth and margin expansion suggest potential for long-term gains.

Technical Analysis

The technical indicators are bullish. The MACD is positively expanding, RSI is neutral at 70.787, and moving averages show a bullish trend (SMA_5 > SMA_20 > SMA_200). The pre-market price is $3.03, which is above the pivot level of $2.59 and nearing the first resistance level of $3.075, indicating upward momentum.

Options Data

Positive Catalysts

Analyst raised the price target to $5 from $4.25 and maintained a Buy rating.
Upcoming product launches at Lowes in 2026, targeting the growing smart home market.
Revenue growth of 7.77% YoY in Q3 2025 and gross margin improvement to 31.68%.

Neutral/Negative Catalysts

Net income dropped by -8.33% YoY in Q3
EPS declined by -12.50% YoY, indicating profitability challenges.

Financial Performance

In Q3 2025, revenue increased by 7.77% YoY to $23,891,537, and gross margin improved by 2.66% YoY to 31.68%. However, net income dropped to -$7,902,926 (-8.33% YoY), and EPS fell to -$0.07 (-12.50% YoY), reflecting ongoing profitability issues.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Roth Capital raised the price target to $5 from $4.25 and maintained a Buy rating, citing the company's progress in product placements, e-commerce strategy, and distribution expansion, which support margin growth.

3 Analyst Rating

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 USD and a high forecast of 5 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 Buy

0 Hold

0 Sell

Strong Buy

Current: 2.580

Low

Averages

4.08

High

Current: 2.580

Low

Averages

4.08

High

Roth Capital

Gerry Sweeney

Buy

maintain

AI Analysis

2026-01-22

Reason

Roth Capital

Gerry Sweeney

Price Target

AI Analysis

2026-01-22

maintain

Buy

Reason

Roth Capital analyst Gerry Sweeney raised the firm's price target on Skyx Platforms to $5 from $4.25 and keeps a Buy rating on the shares. The company has made steady progress on the roadmap that positions Skyx near an inflection point, the analyst tells investors in a research note. Skyx has also secured new product placements, enhanced its e-commerce strategy, and expanded distribution channels - actions that collectively support margin expansion, the firm added.

Litchfield Hills

analyst

Buy

initiated

2025-10-17

Reason

Litchfield Hills

analyst

Price Target

2025-10-17

initiated

Buy

Reason

Litchfield Hills initiated coverage of Skyx Platforms (SKYX) with a Buy rating and $5 price target. The company's plug-and-play SkyPlug ceiling and wall receptacle technology is approved in the National Electrical Code and its strategy mirrors Qualcomm's (QCOM) licensing model, says the analyst, who sees the potential for the technology to become the smart home standard being "undervalued."

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SKYX Should I Buy

SKYX Should I Buy

Should You Buy SKYX Platforms Corp (SKYX) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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