Skillz (SKLZ) Projected to Post Quarterly Earnings on Thursday

Key Points

• Skillz (NYSE:SKLZ) is expected to release its Q2 2025 earnings report on August 7th, with analysts predicting an earnings per share (EPS) of ($1.31).
• In the last reported quarter, Skillz exceeded expectations by posting an EPS of ($0.92), against a consensus estimate of ($1.09), along with revenues of $22.41 million.
• Recent analyst upgrades have positively impacted Skillz’s stock rating, with Wall Street Zen moving it from a "sell" to a "hold," and Wedbush rating it a "strong-buy."

Skillz (NYSE:SKLZ - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Thursday, August 7th. Analysts expect Skillz to post earnings of ($1.31) per share for the quarter.

Skillz (NYSE:SKLZ - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.92) earnings per share for the quarter, beating the consensus estimate of ($1.09) by $0.17. Skillz had a negative net margin of 39.33% and a negative return on equity of 35.10%. The business had revenue of $22.41 million during the quarter, compared to analysts' expectations of $21.57 million. On average, analysts expect Skillz to post $-4 EPS for the current fiscal year and $-4 EPS for the next fiscal year.

Skillz Stock Down 3.0%

Shares of NYSE:SKLZ traded down $0.21 during midday trading on Friday, hitting $6.72. The stock had a trading volume of 103,518 shares, compared to its average volume of 127,261. Skillz has a 12 month low of $3.54 and a 12 month high of $9.06. The business's 50-day simple moving average is $6.86 and its 200-day simple moving average is $5.92. The company has a market cap of $117.13 million, a P/E ratio of -3.08 and a beta of 2.80.

Institutional Investors Weigh In On Skillz

An institutional investor recently bought a new position in Skillz stock. Goldman Sachs Group Inc. bought a new stake in Skillz Inc. (NYSE:SKLZ - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 21,165 shares of the company's stock, valued at approximately $95,000. Goldman Sachs Group Inc. owned about 0.12% of Skillz as of its most recent SEC filing. Institutional investors and hedge funds own 19.42% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on SKLZ. Wall Street Zen raised shares of Skillz from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. Wedbush raised Skillz to a "strong-buy" rating in a report on Tuesday, July 1st.

Skillz Company Profile

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.