Sky Quarry Inc. (SKYQ) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Sky Quarry Inc. (SKYQ) stock forecast summary
Our AI ranks Sky Quarry Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Sky Quarry Inc. is a small-cap company with a market capitalization of $21M.
For SKYQ, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 1.0%, measured on 237 forecast dates between 2024-11-15 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 22.0%, measured on 280 forecast dates between 2024-11-15 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How SKYQ ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Sky Quarry Inc. (SKYQ) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Hazardous Waste Management peers listed below that report each metric.
Valuation & Market
| Metric | SKYQ | Rank |
|---|---|---|
| Market Cap | $21M | – |
| P/B Ratio | 1.81x | – |
| Book Value/Share | $1.33 | – |
| FCF/Share | $-0.68 | – |
Profitability & Margins
| Metric | SKYQ | Rank |
|---|---|---|
| ROE | -110.8% | – |
| ROA | -46.0% | – |
| ROIC | -63.1% | – |
| Tax Rate | 0.0% | – |
Financial Health
| Metric | SKYQ | Rank |
|---|---|---|
| Current Ratio | 0.74x | – |
| Quick Ratio | 0.64x | – |
| D/E Ratio | 1.41x | – |
| Financial Leverage | 2.41x | – |
| Interest Coverage | 7.4x | – |
| Working Capital | -$4M | – |
Cash Flow
| Metric | SKYQ | Rank |
|---|---|---|
| Operating Cash Flow | -$5M | – |
| Free Cash Flow | -$6M | – |
| Capital Spending | -$550K | – |
Operational Efficiency
| Metric | SKYQ | Rank |
|---|---|---|
| Inventory Turnover | 3.3x | – |
| Days Inventory | 111 days | – |
Income Statement
| Metric | SKYQ | Rank |
|---|---|---|
| Operating Income | -$9M | – |
| Net Income | -$13M | – |
| Cost of Goods Sold | $5M | – |
Dividend & Shareholder Information
| Metric | SKYQ | Rank |
|---|---|---|
| Shares Outstanding | 9M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $10M | 36.8% of assets |
| Cash & Short-term Investments | $8M | 28.2% of assets |
| Accounts Receivable | $0.00M | 0.0% of assets |
| Inventory | $2M | 5.3% of assets |
| Total Liabilities | $17M | 58.5% of assets |
SKYQ quarterly financials and insider trading
Sky Quarry Inc. (SKYQ) industry peers
Companies classified under the same SEC industry code as Sky Quarry Inc. (Hazardous Waste Management): 3 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Sky Quarry Inc. (SKYQ) stock news
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Sky Quarry Inc. (SKYQ) stock forecast FAQ
What is the Sky Quarry Inc. (SKYQ) stock forecast?
Our AI ranks Sky Quarry Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Sky Quarry Inc. stock predictions?
For SKYQ, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 1.0%, measured on 237 forecast dates between 2024-11-15 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 22.0%, measured on 280 forecast dates between 2024-11-15 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Sky Quarry Inc. forecasts updated?
Sky Quarry Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Sky Quarry Inc.'s industry peers?
3 issuers in our coverage, SKYQ included, share the SEC industry code Hazardous Waste Management. The largest are: Clean Harbors Inc (CLH), Perma Fix Environmental Services Inc (PESI).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.