SkyAI (SKYA) Stock Price, News & Analysis
What Changed
Price Move History
- Daily moves over 5%
- 34 106 sessions, May 28, 2026 to October 27, 2026
- Largest daily move
- +42.9% close of October 12, 2026
- 1-month change
- +54.8% closing prices, September 25, 2026 to October 27, 2026
Company Description
SkyAI, Inc. (Nasdaq: SKYA) describes itself as a Solana digital asset treasury that is building a financial platform to combine stablecoin rails on Solana with artificial intelligence. The company holds SOL, the token of the Solana blockchain, as its primary treasury reserve asset, and it stakes nearly all of that SOL with institutional validators, which lets it take part in securing the Solana network while earning staking revenue.
SkyAI began in 2017 as a developer of safety syringe products and operated as Sharps Technology, Inc. It has stopped manufacturing syringes, its quarterly report says it has also discontinued its legacy business of marketing and distributing syringe products, and its proxy statement describes the company’s repositioning to a digital asset treasury strategy. Its common stock trades on the Nasdaq Capital Market under the symbol SKYA, and its warrants trade under SKYAW. The company is a Nevada corporation with its principal executive office in Melville, New York.
Solana digital asset treasury
SkyAI refers to its approach as a Solana DAT (digital asset treasury) strategy, which its proxy statement links to treasury management, capital allocation and the development of its technology platform. Its quarterly results report the SOL held in the treasury, the company’s cash and its net staking revenue.
Financial platform
The platform SkyAI is developing is what the company calls an agentic finance platform, built on top of its Solana treasury. Its filings describe the platform as combining AI with blockchain-based infrastructure, including stablecoin rails, to give users access to financial services such as U.S. dollar-denominated savings. The company has said the platform is designed to use Solana, a public blockchain that connects many assets and markets within one network, with AI gathering and organizing on-chain data into insights for everyday users.
The company’s filings describe the platform as designed for emerging markets across Asia, Latin America and Africa, which it calls the Global South. SkyAI has an international operational headquarters in Hong Kong, which its quarterly report says supports strategic acquisitions, talent acquisition and expansion.
Corporate history
Sharps Technology, Inc. completed its initial public offering in April 2022. It filed a certificate of amendment with the Nevada Secretary of State in May 2026 to change its name to SkyAI, Inc. The common stock stopped trading under STSS and began trading under SKYA on May 28, 2026, and the warrants moved from STSSW to SKYAW on the same day.
Stock Performance
SkyAI (SKYA) closed at $2.91 on October 27, 2026. Over the past month, the price has gained 54.8%.
SKYA Metrics & Rankings
Price returns through October 27, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
SkyAI has 10 recent news articles, with the latest published today. Of the recent coverage, 9 articles coincided with positive price movement and 0 with negative movement. Key topics include earnings. View all SKYA news →
SEC Filings
SkyAI has filed 10 recent SEC filings, including 4 Form 8-K, 2 Form SC TO-C, 1 Form 3, 1 Form 4. The most recent filing was submitted on October 20, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all SKYA SEC filings →
Insider Radar
Insider buying activity at SkyAI over the past 90 days may reflect management confidence in the company's direction. Institutional investors and analysts often monitor insider purchases as a potential bullish indicator for the stock.
Financial Highlights
SkyAI generated $204K in revenue in FY2025, retaining a 2.7% gross margin, operating income reached -$269.7M, and net income was -$282.5M. Diluted earnings per share stood at -$11.16. The company generated -$11.0M in operating cash flow. The current ratio was 4.02, measuring current assets divided by current liabilities.
Upcoming Events
Tender Offer Expiration
Tender offer expiration
Tender offer deadline
SkyAI has 3 upcoming scheduled events. The next event, "Tender Offer Expiration", is scheduled for October 30, 2026 (in 3 days). All of them are financing or capital events, such as a dividend or a debt maturity. Investors can track these dates to stay informed about potential catalysts that may affect the SKYA stock price.
Short Interest History
Short interest in SkyAI (SKYA) currently stands at 541.4 thousand shares, down 9.9% from the previous reporting period, representing 1.5% of the float. Since May 2026, short interest has increased by 11.2%.
Days to Cover History
Days to cover for SkyAI (SKYA) currently stands at 1.2 days, down 52.4% from the previous period. The ratio is the reported short interest divided by the average daily trading volume. Since May 2026, the figure has decreased by 56.2%. Across the settlements charted above, it has ranged from 1.0 to 7.7 days.
SKYA Company Profile & Sector Positioning
SkyAI (SKYA) operates in the Software - Infrastructure industry within the broader Technology sector and is listed on the NASDAQ.
Investors comparing SKYA often look at related companies in the same sector, including Social Capital Suvretta Holdings Corp III (DNAC), ACTD (ACTD), Oaktree Acquisition Corp II (OACB), and HUNT COMPANIES ACQUISITIO (HTAQ). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate SKYA's relative position within its industry.