Should I buy or sell Skillz stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Skillz in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SKLZ shares. View SKLZ analyst ratings or view top-rated stocks .

What is Skillz's stock price target for 2024?

4 equities research analysts have issued 1 year target prices for Skillz's stock. Their SKLZ share price targets range from $9.00 to $15.00. On average, they predict the company's stock price to reach $11.50 in the next twelve months. This suggests a possible upside of 93.6% from the stock's current price. View analysts price targets for SKLZ or view top-rated stocks among Wall Street analysts .

How have SKLZ shares performed in 2024?

Skillz's stock was trading at $6.24 at the beginning of the year. Since then, SKLZ stock has decreased by 4.8% and is now trading at $5.94. View the best growth stocks for 2024 here .

When is Skillz's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our SKLZ earnings forecast .

How were Skillz's earnings last quarter?

Skillz Inc. (NYSE:SKLZ) issued its quarterly earnings data on Thursday, March, 14th. The company reported ($1.04) EPS for the quarter, beating the consensus estimate of ($1.48) by $0.44. The firm had revenue of $29.14 million for the quarter, compared to the consensus estimate of $38.39 million. Skillz had a negative net margin of 74.59% and a negative trailing twelve-month return on equity of 50.98%.

What ETFs hold Skillz's stock?

ETFs with the largest weight of Skillz (NYSE:SKLZ) stock in their portfolio include Pacer BlueStar Digital Entertainment ETF (ODDS) . Global X Video Games & Esports ETF (HERO) .

When did Skillz's stock split?

Shares of Skillz reverse split before market open on Monday, June 26th 2023. The 1-20 reverse split was announced on Monday, June 26th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, June 26th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

How do I buy shares of Skillz?

Shares of SKLZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:SKLZ

Skillz (SKLZ) Stock Price, News & Analysis

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Free SKLZ Stock Alerts

$5.94

-0.05 (-0.83%)

(As of 09:49 AM ET)

Compare

Today's Range: $5.86
▼
$6.01
50-Day Range: $5.83
▼
$7.43
52-Week Range: $3.96
▼
$14.78

Volume: 17,900 shs
Average Volume: 175,138 shs
Market Capitalization: $127.41 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.50

Get Skillz alerts:

Skillz MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 93.6% Upside
$11.50 Price Target
Short Interest: Bearish
16.25% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($4.44) to ($4.08) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.88 out of 5 stars

Consumer Discretionary Sector

236th out of 257 stocks

Data Processing & Preparation Industry

52nd out of 59 stocks

3.3

Analyst's Opinion

Consensus Rating
Skillz has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Skillz has only been the subject of 1 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
16.25% of the float of Skillz has been sold short.
Short Interest Ratio / Days to Cover
Skillz has a short interest ratio ("days to cover") of 12.5, which indicates bearish sentiment.
Change versus previous month
Short interest in Skillz has recently increased by 0.88%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Skillz does not currently pay a dividend.
Dividend Growth
Skillz does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SKLZ.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Skillz this week, compared to 1 article on an average week.
Search Interest
Only 6 people have searched for SKLZ on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.
MarketBeat Follows
79 people have added Skillz to their MarketBeat watchlist in the last 30 days. This is an increase of 155% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Skillz insiders have not sold or bought any company stock.
Percentage Held by Insiders
22.67% of the stock of Skillz is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 19.42% of the stock of Skillz is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Skillz are expected to grow in the coming year, from ($4.44) to ($4.08) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Skillz is -1.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Skillz is -1.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Skillz has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Skillz Stock (NYSE:SKLZ)

Skillz Inc. operates a mobile game platform in the United States and internationally. The company primarily develops and supports a proprietary online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users. The company distributes games through direct app download from its website, as well as through third-party platforms. Skillz Inc. was founded in 2012 and is based in San Francisco, California.

SKLZ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SKLZ Stock News Headlines

April 12, 2024 | finance.yahoo.com

Reflecting On Video Gaming Stocks’ Q4 Earnings: Skillz (NYSE:SKLZ)

April 9, 2024 | americanbankingnews.com

Skillz (NYSE:SKLZ) Trading 0.3% Higher

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April 9, 2024 | seekingalpha.com

Skillz: Large Cash Position But Core Business Keeps Declining

April 8, 2024 | businesswire.com

Skillz Receives NYSE Notice Regarding Late Form 10-K Filing

March 16, 2024 | seekingalpha.com

Skillz Inc (SKLZ) Q4 2023 Earnings Call Transcript

March 15, 2024 | finance.yahoo.com

Why Skillz (SKLZ) Shares Are Trading Lower Today

March 15, 2024 | finance.yahoo.com

Skillz Inc. (NYSE:SKLZ) Q4 2023 Earnings Call Transcript

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March 14, 2024 | investorplace.com

SKLZ Stock Earnings: Skillz Beats EPS, Misses Revenue for Q4 2023

March 14, 2024 | finance.yahoo.com

Skillz Inc (SKLZ) Reports Mixed 2023 Financial Results Amid Strategic Shifts

March 14, 2024 | businesswire.com

Skillz Reports 2023 Fourth Quarter and Full Year 2023 Results

March 13, 2024 | benzinga.com

A Preview Of Skillz's Earnings

March 7, 2024 | bizjournals.com

Gaming startup with Amazon, Meta talent to hire in North Carolina

March 6, 2024 | uk.investing.com

Skillz Platform Inc (SKLZ)

March 5, 2024 | businesswire.com

Skillz to Report 2023 Fourth Quarter and Full Year Results on March 14 and Host Conference Call and Webcast

March 1, 2024 | sg.finance.yahoo.com

Skillz Inc. (SKLZ) latest stock news & headlines – Yahoo Finance

February 27, 2024 | finance.yahoo.com

SKLZ Aug 2024 9.000 call

February 27, 2024 | finance.yahoo.com

SKLZ Apr 2024 10.000 call

February 23, 2024 | benzinga.com

Skillz Stock (NYSE:SKLZ) Dividends: History, Yield and Dates

February 23, 2024 | benzinga.com

Skillz Stock (NYSE:SKLZ), Short Interest Report

February 18, 2024 | finance.yahoo.com

SKLZ Mar 2024 6.000 put

February 17, 2024 | finance.yahoo.com

SKLZ Mar 2024 7.000 put

February 17, 2024 | finance.yahoo.com

SKLZ Mar 2024 7.000 call

February 17, 2024 | finance.yahoo.com

SKLZ Mar 2024 14.000 put

February 15, 2024 | finance.yahoo.com

SKLZ Feb 2024 14.000 put

February 12, 2024 | msn.com

LUMN, SKLZ among major communication services gainers; MANU, DRCT among losers

See More Headlines

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Company Calendar

Last Earnings: 3/14/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Data processing & preparation
Sub-Industry: N/A
Current Symbol: NYSE:SKLZ
CUSIP: N/A
CIK: 1801661
Web: corp.skillz.com
Phone: 415-762-0511
Fax: N/A
Employees: 240
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $11.50
High Stock Price Target: $15.00
Low Stock Price Target: $9.00
Potential Upside/Downside: +95.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($5.46)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-106,690,000.00
Net Margins: -74.59%
Pretax Margin: -139.63%
Return on Equity: -50.98%
Return on Assets: -25.00%

Debt

Debt-to-Equity Ratio: 0.54
Current Ratio: 5.41
Quick Ratio: 5.41

Sales & Book Value

Annual Sales: $150.11 million
Price / Sales: 0.84
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $13.19 per share
Price / Book: 0.45

Miscellaneous

Outstanding Shares: 21,450,000
Free Float: 16,586,000
Market Cap: $126.13 million
Optionable: Optionable
Beta: 2.83

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Key Executives

Mr. Andrew C. Paradise (Age 40)
Co-Founder, CEO & Chairman of the Board
Comp: $548.09k
Mr. Casey Chafkin (Age 38)
Co-founder, Chief Strategy Officer, Treasurer & Director
Comp: $680.92k
Mr. Gaetano Franceschi (Age 51)
Chief Financial Officer
Mr. Nikul Patel
Interim General Counsel
Susan Swanson
Communications Director
Mr. Scott D. Henry (Age 59)
Executive Advisor
Comp: $926.03k
Mr. Timothy David Napoleon (Age 49)
Head of Strategic Partnerships
Ms. Usa Vorakoondumrong
Head of Product & Developer Platform
Mr. Will Cheung
Head of Financial Planning & Analysis
Mr. Salvatore Lento Jr. (Age 53)
Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SKLZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Skillz stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Skillz in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SKLZ shares.
View SKLZ analyst ratings or view top-rated stocks.
What is Skillz's stock price target for 2024?: 4 equities research analysts have issued 1 year target prices for Skillz's stock. Their SKLZ share price targets range from $9.00 to $15.00. On average, they predict the company's stock price to reach $11.50 in the next twelve months. This suggests a possible upside of 93.6% from the stock's current price.
View analysts price targets for SKLZ or view top-rated stocks among Wall Street analysts.
How have SKLZ shares performed in 2024?: Skillz's stock was trading at $6.24 at the beginning of the year. Since then, SKLZ stock has decreased by 4.8% and is now trading at $5.94.
View the best growth stocks for 2024 here.
When is Skillz's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our SKLZ earnings forecast.

How were Skillz's earnings last quarter?: Skillz Inc. (NYSE:SKLZ) issued its quarterly earnings data on Thursday, March, 14th. The company reported ($1.04) EPS for the quarter, beating the consensus estimate of ($1.48) by $0.44. The firm had revenue of $29.14 million for the quarter, compared to the consensus estimate of $38.39 million. Skillz had a negative net margin of 74.59% and a negative trailing twelve-month return on equity of 50.98%.
What ETFs hold Skillz's stock?: ETFs with the largest weight of Skillz (NYSE:SKLZ) stock in their portfolio include Pacer BlueStar Digital Entertainment ETF (ODDS).Global X Video Games & Esports ETF (HERO).
When did Skillz's stock split?: Shares of Skillz reverse split before market open on Monday, June 26th 2023. The 1-20 reverse split was announced on Monday, June 26th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, June 26th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.
How do I buy shares of Skillz?: Shares of SKLZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SKLZ) was last updated on 4/18/2024 by MarketBeat.com Staff

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Skillz (SKLZ) Stock Price, News & Analysis

Skillz MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Skillz Stock (NYSE:SKLZ)

SKLZ Stock Price History

SKLZ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SKLZ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™