SKYX PlatformsSKYX
Market Cap: $85.7M
About: SKYX Platforms Corp operates in the business of developing proprietary technology that enables a quick and safe installation of electrical fixtures, such as light fixtures and ceiling fans. The company's technology consists of a weight-bearing, fixable socket and a revolving plug for conducting electric power and supporting an electrical appliance attached to a wall or ceiling. The socket is comprised of a nonconductive body that houses conductive rings connectable to an electric power supply through terminals in its side exterior. The plug is also comprised of a nonconductive body that houses corresponding conductive rings, attaches to the socket via a male post and is capable of feeding electric power to an appliance. The Company generates its income from the United States.
Employees: 60
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0% more funds holding
Funds holding: 54 [Q1] → 54 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 18
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
3.22% less ownership
Funds ownership: 11.83% [Q1] → 8.61% (-3.22%) [Q2]
43% less capital invested
Capital invested by funds: $14.3M [Q1] → $8.19M (-$6.09M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Benchmark Michael Legg 32% 1-year accuracy 14 / 44 met price target | 493%upside $5 | Buy Reiterated | 13 Aug 2024 |
Benchmark Michael Legg 32% 1-year accuracy 14 / 44 met price target | 493%upside $5 | Buy Reiterated | 31 Jul 2024 |
Financial journalist opinion
Based on 5 articles about SKYX published over the past 30 days