Skillz (SKLZ) Projected to Post 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 issue its Q2 2025 quarterly earnings data before the market opens on Thursday, August 7th. Analysts expect the company to announce earnings of ($1.31) per share for the quarter.

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

Skillz Price Performance

Shares of NYSE SKLZ traded down $0.21 during mid-day trading on Friday, hitting $6.72. The company had a trading volume of 103,518 shares, compared to its average volume of 86,530. The firm's 50 day simple moving average is $6.84 and its two-hundred day simple moving average is $5.91. The stock has a market cap of $117.14 million, a price-to-earnings ratio of -3.08 and a beta of 2.76. Skillz has a 12 month low of $3.54 and a 12 month high of $9.06.

Hedge Funds Weigh In On Skillz

A hedge fund recently bought a new stake in Skillz stock. Acadian Asset Management LLC acquired a new stake in Skillz Inc. (NYSE:SKLZ - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 17,908 shares of the company's stock, valued at approximately $80,000. Acadian Asset Management LLC owned 0.10% of Skillz at the end of the most recent quarter. Hedge funds and other institutional investors own 19.42% of the company's stock.

Wall Street Analyst Weigh In

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

About Skillz

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.