What is Wedbush's Forecast for Skillz Q2 Earnings?

Skillz Inc. (NYSE:SKLZ - Free Report) - Research analysts at Wedbush issued their Q2 2025 EPS estimates for Skillz in a research report issued on Tuesday, July 1st. Wedbush analyst A. Reese expects that the company will earn ($1.53) per share for the quarter. Wedbush has a "Strong-Buy" rating on the stock. The consensus estimate for Skillz's current full-year earnings is ($4.35) per share. Wedbush also issued estimates for Skillz's 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 upgraded shares of Skillz from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd.

Skillz Trading Up 1.0%

Shares of SKLZ stock opened at $7.34 on Friday. Skillz has a 1 year low of $3.54 and a 1 year high of $7.40. The firm's 50 day moving average is $6.13 and its 200-day moving average is $5.59. The firm has a market capitalization of $127.94 million, a price-to-earnings ratio of -3.37 and a beta of 2.76.

Skillz (NYSE:SKLZ - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.92) earnings per share for the quarter, topping 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 firm had revenue of $22.41 million for the quarter, compared to analysts' expectations of $21.57 million.

Hedge Funds Weigh In On Skillz

Large investors have recently bought and sold shares of the business. Occudo Quantitative Strategies LP bought a new stake in Skillz in the fourth quarter valued at approximately $57,000. LPL Financial LLC bought a new stake in Skillz in the fourth quarter valued at approximately $74,000. Vista Cima Wealth Management LLC bought a new stake in shares of Skillz during the first quarter worth $67,000. BNP Paribas Financial Markets acquired a new stake in shares of Skillz during the fourth quarter worth $78,000. Finally, Acadian Asset Management LLC acquired a new stake in shares of Skillz during the first quarter worth $80,000. 19.42% of the stock is currently owned by institutional investors and hedge funds.

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.

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