Why SKYX Platforms Corp.’s (SKYX) Stock Is Up 6.49%

By Jenna Brashear
February 04, 2026
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Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate SKYX Platforms Corp. before investing.

In this article, we go over a few key elements for understanding SKYX Platforms Corp.’s stock price such as:

  • SKYX Platforms Corp.’s current stock price and volume
  • Why SKYX Platforms Corp.’s stock price changed recently
  • Upgrades and downgrades for SKYX from analysts
  • SKYX’s stock price momentum as measured by its relative strength

About SKYX Platforms Corp. (SKYX)

Before we jump into SKYX Platforms Corp.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

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.

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SKYX Platforms Corp.’s Stock Price as of Market Close

As of February 04, 2026, 2:18 PM, CST, SKYX Platforms Corp.’s stock price was $2.145.

SKYX Platforms Corp. is down 8.72% from its previous closing price of $2.350.

During the last market session, SKYX Platforms Corp.’s stock traded between $2.120 and $2.420. Currently, there are approximately 112.02 million shares outstanding for SKYX Platforms Corp..

SKYX Platforms Corp.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

SKYX Platforms Corp. Stock Price History

SKYX Platforms Corp.’s (SKYX) price is currently down 14.2% so far this month.

During the month of February, SKYX Platforms Corp.’s stock price has reached a high of $2.540 and a low of $2.120.

Over the last year, SKYX Platforms Corp. has hit prices as high as $3.290 and as low as $0.880. Year to date, SKYX Platforms Corp.’s stock is down 1.15%.

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What Caused SKYX Platforms Corp. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of February 03, 2026,, no analysts have changed their rating of SKYX Platforms Corp.’s stock over the last month.

Additionally, you'll want to evaluate SKYX Platforms Corp.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on SKYX Platforms Corp.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about SKYX Platforms Corp. (SKYX) by visiting AAII Stock Evaluator.

Relative Price Strength of SKYX Platforms Corp.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 03, 2026, SKYX Platforms Corp. has a weighted four-quarter relative price strength of 17.38%, which translates to a Momentum Score of 87 and is considered to be Very Strong.

Want to learn more about how SKYX Platforms Corp. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

SKYX Platforms Corp. Stock Price: Bottom Line

As of February 4, 2026, SKYX Platforms Corp.’s stock price is $2.145, which is down 8.72% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like SKYX Platforms Corp. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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