Wedbush upgraded shares of Skillz (NYSE:SKLZ - Free Report) to a strong-buy rating in a research report report published on Tuesday,Zacks.com reports. Wedbush also issued estimates for Skillz's Q2 2025 earnings at ($1.53) EPS, Q3 2025 earnings at ($1.43) EPS, Q4 2025 earnings at ($1.33) EPS, FY2025 earnings at ($5.21) EPS, Q1 2026 earnings at ($0.94) EPS, Q2 2026 earnings at ($1.35) EPS, Q3 2026 earnings at ($1.31) EPS, Q4 2026 earnings at ($1.28) EPS, FY2026 earnings at ($4.88) EPS and FY2027 earnings at ($4.67) EPS.
Separately, Wall Street Zen raised Skillz from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd.
View Our Latest Analysis on SKLZ
Skillz Stock Performance
NYSE SKLZ traded up $0.07 during trading on Tuesday, hitting $7.34. The stock had a trading volume of 38,975 shares, compared to its average volume of 82,436. The firm has a 50 day moving average price of $6.18 and a 200 day moving average price of $5.60. Skillz has a twelve month low of $3.54 and a twelve month high of $7.40.
Skillz (NYSE:SKLZ - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.92) EPS for the quarter, topping analysts' consensus estimates of ($1.09) by $0.17. Skillz had a negative return on equity of 35.10% and a negative net margin of 39.33%. The business had revenue of $22.41 million during the quarter, compared to the consensus estimate of $21.57 million. As a group, analysts anticipate that Skillz will post -4.35 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Occudo Quantitative Strategies LP purchased a new stake in Skillz during the 4th quarter worth about $57,000. LPL Financial LLC purchased a new stake in Skillz in the 4th quarter valued at about $74,000. Vista Cima Wealth Management LLC purchased a new stake in shares of Skillz during the 1st quarter worth about $67,000. BNP Paribas Financial Markets purchased a new stake in shares of Skillz during the 4th quarter worth about $78,000. Finally, Acadian Asset Management LLC purchased a new stake in shares of Skillz during the 1st quarter worth about $80,000. Hedge funds and other institutional investors own 19.42% of the company's stock.
Skillz Company Profile
(
Get Free Report)
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.
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