SKYX: Breakout to $1.58 and Potential Triple on Small-Cap Surge
SKYX Platforms Corp. (NASDAQ: SKYX) is primed for a run to $1.58 and could triple to $3.30 by year-end, driven by small-cap strength, e-commerce demand, and strong fundamentals. Here’s why SKYX is a must-watch.
Technicals: Clear Shot to $1.58
Trading at $1.10 , SKYX is coiling for a breakout. Resistance at $1.25 (psychological) and $1.40 (prior high) should fall easily with rising volume and a bullish MACD crossover. $1.58 is achievable by August, with $3.30 (200%+ gain) in sight if momentum holds.
Fundamentals: Smart Home Leader
With 97 patents and 60+ e-commerce websites, SKYX’s plug-and-play smart home platform is gaining traction. Their $3B Miami smart city deal (500,000+ units) and Profab Electronics partnership signal scalability . E-commerce sales, projected to hit $8T globally by 2027 , fuel SKYX’s growth.
Market Tailwind
The Russell 2000, which SKYX joined in June 2025, is breaking out, up 10% YTD . TNA’s 30% spikes amplify this . With a $138.61M market cap and 38 institutions adding shares (e.g., Susquehanna, 478,024 shares) , SKYX is set to ride this wave.
Risks
SKYX isn’t cash flow positive until H2 2025, and Q1 revenue missed ($20.1M vs. $21.15M). Small-cap volatility is a factor, but 12.4% YOY growth and the Russell breakout mitigate risks.The Play
SKYX hits $1.58 soon, clearing $1.25 and $1.40, then triples to $3.30+ by December on e-commerce, smart city deals, and small-cap momentum. I’m buying—thoughts, board?
Summary: Targets: $1.58 near-term, $3.30+ year-end.
Resistances: $1.25, $1.40.
Catalysts: Russell 2000/TNA breakout, e-commerce, smart city deal.
Risks: Cash flow, revenue misses, volatility.
Disclaimer: Not financial advice. Do your own DD. Stocks are volatile.
~Sherwood Coast's Group
