SKYX Platforms Corp.

NasdaqCM:SKYX Stock Report

Market Cap: US$157.3m

SKYX Platforms Management

Management criteria checks 3/4

SKYX Platforms' CEO is Lenny Sokolow, appointed in Sep 2025, has a tenure of less than a year. total yearly compensation is $916.36K, comprised of 17.5% salary and 82.5% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth $857.99K. The average tenure of the management team and the board of directors is 5.1 years and 10.7 years respectively.

Key information

Lenny Sokolow

Chief executive officer

US$916.4k

Total compensation

CEO salary percentage17.46%
CEO tenureless than a year
CEO ownership0.5%
Management average tenure5.1yrs
Board average tenure10.7yrs

Recent management updates

Recent updates

Narrative Update Jun 24

SKYX: Hotel Rollouts And Licensing Will Support Multi Decade Upgrade Cycle

Analysts have adjusted their price target on SKYX Platforms to reflect updated assumptions around discount rates, expected revenue growth, a lower profit margin profile, and a much higher future P/E multiple, resulting in a revised valuation of $4.18 per share compared with the prior $4.18 figure. What’s in the News for SKYX Platforms SKYX Platforms plans to deploy its smart plug and play lighting and electrical technologies throughout The Mozart Prague, a 5-star hotel undergoing a broad renovation that covers rooms, suites, public areas, and amenities, with potential for recurring revenue through product interchangeability, upgrades, AI services, monitoring, and subscriptions.
Narrative Update Jun 05

SKYX: European Hotel Rollout And Licensing Deals Will Support Multi Decade Upgrade Cycle

Analysts have adjusted their $ fair value target for SKYX Platforms in line with updated assumptions around discount rate, revenue growth, profit margins, and future P/E expectations, describing this as a recalibration rather than a directional call on the stock. What's in the News Signed a licensing agreement with global lighting company Eurofase to use SKYX technologies across builder, hotel, residential, and commercial segments.
Narrative Update May 22

SKYX: Standardized Ceiling Outlet Rollout Will Support Multi Decade Upgrade Cycle

Analysts have adjusted their price target on SKYX Platforms to $5, citing the company's patented, standardized electrical ceiling outlet, as well as what they view as the early stages of a long upgrade cycle and potential revenue inflection. Analyst Commentary Recent research highlights enthusiasm around SKYX Platforms' patented ceiling outlet and its potential role in a long upgrade cycle.
Narrative Update Apr 30

SKYX: Ceiling Outlet Standardization Will Drive Long Upgrade Cycle Potential

Analysts now see SKYX Platforms’ fair value aligning with a revised $5.00 price target. This reflects their view that the company’s patented ceiling outlet, along with the potential for a long upgrade cycle and revenue inflection, supports a higher valuation framework than before.
Narrative Update Apr 15

SKYX: Patented Ceiling Outlet Standardization Will Support Multi Decade Upgrade Cycle

Narrative Update: SKYX Platforms Price Target Change The analyst price target for SKYX Platforms has moved to $5. This change is supported by views that its patented standardized ceiling outlet, limited direct public-market competition, and potential for a long upgrade cycle and revenue inflection justify a higher valuation multiple and improved margin outlook, despite adjustments to growth and discount rate assumptions.
Narrative Update Apr 01

SKYX: Patented Ceiling Outlet Standardization Will Drive Multi Decade Upgrade Cycle

Narrative Update: SKYX Platforms Analyst Price Target Shift Analysts have nudged their average price target for SKYX Platforms to $5, citing expectations for stronger revenue growth, a healthier profit margin, and a lower future P/E. They also highlight the company's patented standardized electrical ceiling outlet and what they describe as the early stages of a long upgrade cycle.
Narrative Update Mar 18

SKYX: Patented Ceiling Outlet Standardization Will Support Long Upgrade Cycle Thesis

Analysts have increased their fair value estimate for SKYX Platforms from about $4.04 to roughly $4.18 per share. They cited expectations for a modestly higher growth outlook, as well as comments about a unique product position and potential for a long-term upgrade cycle.
Narrative Update Mar 04

SKYX: Plug And Play Licensing Will Support Rising Earnings Visibility Under New Assumptions

Analysts raised their price target for SKYX Platforms by $0.75, citing updated assumptions on discount rates, long-term revenue growth, profit margins and P/E expectations as key drivers of the revision. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target as consistent with updated assumptions on long term revenue growth, which they see as supportive of a stronger earnings profile over time.
Narrative Update Feb 17

SKYX: Plug And Play Ceiling Standardization Will Drive Retail And Project Adoption

Analysts have raised their price target on SKYX Platforms by $0.75, citing updated assumptions around revenue growth, profit margin, discount rate, and future P/E that support a slightly higher fair value estimate. Analyst Commentary Even with a modestly higher price target, some bearish analysts remain cautious on SKYX Platforms and see the updated valuation as leaving limited room for error.
Narrative Update Feb 03

SKYX: Plug And Play Licensing Will Support Higher Earnings Visibility

Narrative Update on SKYX Platforms Analysts have raised their SKYX Platforms price targets by about $0.75, with updated fair value estimates and P/E assumptions that reflect recent research revisiting the company’s risk profile and long term earnings potential. Analyst Commentary Analysts updating their views on SKYX Platforms are using the new price target and P/E assumptions to refine how they see the balance between potential upside and execution risk.
Narrative Update Jan 20

SKYX: Plug And Play Standardization Will Balance Capital Raises And Retail Traction

Analysts have adjusted their price targets for SKYX Platforms to reflect updated assumptions around revenue growth at 30.23%, profit margins at 2.22% and a very high forward P/E of 102.72. This results in a neutral fair value view around $2.50 per share, despite a slightly higher discount rate of 9.59%.
Narrative Update Jan 05

SKYX: Code-Approved Plug-And-Play Licensing Will Set New Smart Home Standard

Narrative Update: SKYX Platforms Analyst Price Target Shift The analyst price target for SKYX Platforms has moved to US$5.00, with analysts pointing to the approved plug-and-play SkyPlug technology and its Qualcomm style licensing approach as key reasons for seeing greater long term potential. Analyst Commentary Recent research around SKYX Platforms focuses heavily on the potential of its plug-and-play SkyPlug ceiling and wall receptacle technology, which is already approved in the National Electrical Code and tied to a Qualcomm style licensing approach.
Analysis Article Dec 23

SKYX Platforms Corp. (NASDAQ:SKYX) Looks Just Right With A 33% Price Jump

SKYX Platforms Corp. ( NASDAQ:SKYX ) shares have continued their recent momentum with a 33% gain in the last month...
Narrative Update Dec 14

SKYX: Plug And Play Standardization May Drive Long-Term Upside

Analysts have raised their fair value estimate for SKYX Platforms from $2.00 to $2.50 per share, citing stronger expected revenue growth, improving profit margins, and growing confidence that its NEC approved plug and play smart home technology could evolve into an industry standard. Analyst Commentary Recent Street research on SKYX Platforms highlights a growing appreciation for the strategic value of its NEC approved plug and play technology, but also underscores a widening gap between enthusiastic long term scenarios and near term execution realities.
Narrative Update Nov 29

SKYX: Broader Code Approval Will Set New Standard in Smart Homes

Analysts have maintained the price target for SKYX Platforms at $3.92 per share, citing continued optimism based on the company's innovative technology and the strong potential for industry-wide adoption identified in recent research. Analyst Commentary Recent coverage has generated a balanced discussion around the prospects and potential risks for SKYX Platforms, centering on both the company's innovative offerings and the challenges it may face on the path to widespread adoption.
Narrative Update Nov 15

SKYX: Approval Momentum Will Drive Adoption as Smart Home Standard

Analysts have increased their price target for SKYX Platforms to $5.00, citing improved revenue growth forecasts and higher projected profit margins. This outlook is based on the company's strategic progress and potential for market adoption.
Analysis Article Nov 06

SKYX Platforms Corp.'s (NASDAQ:SKYX) Shares Leap 44% Yet They're Still Not Telling The Full Story

The SKYX Platforms Corp. ( NASDAQ:SKYX ) share price has done very well over the last month, posting an excellent gain...
Narrative Update Nov 01

SKYX: National Electrical Code Approval Will Drive Widespread Adoption

Analysts have raised their price target for SKYX Platforms from $3.70 to approximately $3.92 per share. They cite increased revenue growth expectations and positive views on the company's scalable technology strategy.
Narrative Update Oct 18

Regulatory Momentum Will Expand Smart City And Renovation Markets

Analysts have raised their price target for SKYX Platforms from $3.13 to $3.70, citing the view that its proprietary SkyPlug technology and licensing model are driving stronger revenue growth and improved long-term profitability prospects. Analyst Commentary Recent analyst coverage highlights both notable strengths and areas of caution for SKYX Platforms, particularly as the company leverages its SkyPlug technology and innovative licensing approach.
Analysis Article Aug 09

Cautious Investors Not Rewarding SKYX Platforms Corp.'s (NASDAQ:SKYX) Performance Completely

NasdaqCM:SKYX 1 Year Share Price vs Fair Value Explore SKYX Platforms's Fair Values from the Community and select yours...
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New Narrative Apr 05

Home Depot And Wayfair Partnerships Will Boost Smart Home Adoption

Strategic partnerships and collaborations, including with major retailers, are set to significantly boost market penetration, revenue growth, and business opportunities.
Analysis Article Mar 27

Is SKYX Platforms (NASDAQ:SKYX) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 12

SKYX Platforms Corp. (NASDAQ:SKYX) Might Not Be As Mispriced As It Looks After Plunging 39%

SKYX Platforms Corp. ( NASDAQ:SKYX ) shares have retraced a considerable 39% in the last month, reversing a fair amount...
Analysis Article Jan 18

A Piece Of The Puzzle Missing From SKYX Platforms Corp.'s (NASDAQ:SKYX) 31% Share Price Climb

SKYX Platforms Corp. ( NASDAQ:SKYX ) shares have had a really impressive month, gaining 31% after a shaky period...
Analysis Article Nov 24

Investors Give SKYX Platforms Corp. (NASDAQ:SKYX) Shares A 29% Hiding

The SKYX Platforms Corp. ( NASDAQ:SKYX ) share price has softened a substantial 29% over the previous 30 days, handing...
Analysis Article Aug 29

SKYX Platforms Corp. (NASDAQ:SKYX) Might Not Be As Mispriced As It Looks After Plunging 31%

SKYX Platforms Corp. ( NASDAQ:SKYX ) shares have had a horrible month, losing 31% after a relatively good period...
Analysis Article Jul 18

Here's Why SKYX Platforms (NASDAQ:SKYX) Can Afford Some Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Apr 20

Positive Sentiment Still Eludes SKYX Platforms Corp. (NASDAQ:SKYX) Following 32% Share Price Slump

Unfortunately for some shareholders, the SKYX Platforms Corp. ( NASDAQ:SKYX ) share price has dived 32% in the last...
Analysis Article Mar 28

Is SKYX Platforms (NASDAQ:SKYX) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

CEO Compensation Analysis

How has Lenny Sokolow's remuneration changed compared to SKYX Platforms's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$35m

Dec 31 2025US$916kUS$160k

-US$34m

Sep 30 2025n/an/a

-US$36m

Jun 30 2025n/an/a

-US$37m

Mar 31 2025n/an/a

-US$36m

Dec 31 2024US$307kUS$160k

-US$36m

Sep 30 2024n/an/a

-US$38m

Jun 30 2024n/an/a

-US$37m

Mar 31 2024n/an/a

-US$41m

Dec 31 2023US$566kUS$49k

-US$40m

Sep 30 2023n/an/a

-US$32m

Jun 30 2023n/an/a

-US$31m

Mar 31 2023n/an/a

-US$23m

Dec 31 2022US$442kn/a

-US$32m

Sep 30 2022n/an/a

-US$29m

Jun 30 2022n/an/a

-US$25m

Mar 31 2022n/an/a

-US$21m

Dec 31 2021US$72kn/a

-US$6m

Sep 30 2021n/an/a

-US$8m

Dec 31 2020US$356kn/a

-US$9m

Compensation vs Market: Lenny's total compensation ($USD916.36K) is below average for companies of similar size in the US market ($USD1.63M).

Compensation vs Earnings: Lenny's compensation has increased whilst the company is unprofitable.


CEO

Lenny Sokolow (69 yo)

less than a year
Tenure
US$916,362
Compensation

Mr. Leonard Jay Sokolow, also known as Lenny, is Independent Director of Vivos Therapeutics, Inc. from June 19, 2020. Mr. Sokolow joined the Vivos Therapeutics, Inc. in June 2020. Mr. Sokolow is Independen...


Leadership Team

NamePositionTenureCompensationOwnership
Ran Kohen
Founder & Executive Chairman13.7yrsUS$2.94m6.89%
$ 10.8m
Leonard Sokolow
CEO & Directorless than a yearUS$916.36k0.55%
$ 858.0k
Steven Schmidt
President5.1yrsno data0.26%
$ 411.6k
Marc-Andre Boisseau
CFO, Principal Financial Officer & Principal Accounting Officer4.5yrsUS$242.83k0.069%
$ 108.3k
Patricia Barron
Chief Operations Officer19.1yrsUS$612.92k0.21%
$ 330.3k
Eliran Ben-Zikri
CTO & GM of Sky’s Israeli Office7.5yrsno datano data
Rob Powell
Chief Compliance Officer & General Counsel4.1yrsno datano data
Jonathan Globerson
Vice President Design & Marketing10.5yrsno datano data
Michael Perrillo
Vice President of Global Salesno datano datano data
Steve Briggs
Senior Advisor & President of Product Developmentno datano datano data
Chuck Mello
Senior Vice President of the Code Team7.5yrsno datano data
Greg St. John
President of Lighting Fans & Smart Products1.4yrsno datano data
5.1yrs
Average Tenure
65yo
Average Age

Experienced Management: SKYX's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ran Kohen
Founder & Executive Chairman13.7yrsUS$2.94m6.89%
$ 10.8m
Leonard Sokolow
CEO & Director10.7yrsUS$916.36k0.55%
$ 858.0k
Gary Golden
Independent Director4.4yrsUS$66.92k0.061%
$ 95.9k
Thomas Ridge
Independent Director13.1yrsUS$41.55k0.79%
$ 1.2m
Dov Shiff
Independent Director12.4yrsUS$41.55k11.48%
$ 18.1m
Nancy DiMattia
Independent Director4.4yrsUS$84.35k0.10%
$ 161.2k
Mark Earley
Chair of Safety Advisory Boardno datano datano data
Efrat Greenstein Brayer
Independent Director4.4yrsUS$62.83k0.054%
$ 85.4k
10.7yrs
Average Tenure
69yo
Average Age

Experienced Board: SKYX's board of directors are seasoned and experienced ( 10.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 22:36
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SKYX Platforms Corp. is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vadim MerkulovFreedom Broker
Almas AlmaganbetovFreedom Broker
Egor TolmachevFreedom Broker