Skillsoft (SKIL) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Skillsoft in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SKIL shares.
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2 brokerages have issued twelve-month price targets for Skillsoft's stock. Their SKIL share price forecasts range from $2.50 to $3.30. On average, they predict the company's share price to reach $2.90 in the next twelve months. This suggests a possible upside of 211.0% from the stock's current price.
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Skillsoft's stock was trading at $1.30 at the beginning of 2023. Since then, SKIL shares have decreased by 28.3% and is now trading at $0.9324.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
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Skillsoft Corp. (NASDAQ:SKIL) released its quarterly earnings data on Tuesday, June, 6th. The company reported ($0.18) earnings per share for the quarter, beating analysts' consensus estimates of ($0.20) by $0.02. The business had revenue of $135.55 million for the quarter, compared to analyst estimates of $131.55 million. Skillsoft had a negative trailing twelve-month return on equity of 24.19% and a negative net margin of 118.26%. During the same period in the previous year, the company posted ($0.21) EPS.

Skillsoft's stock reverse split before market open on Monday, October 2nd 2023. The 1-20 reverse split was announced on Monday, October 2nd 2023. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, October 2nd 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Skillsoft issued an update on its FY 2024 earnings guidance on Monday, September, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $555.00 million-$585.00 million, compared to the consensus revenue estimate of $567.07 million.

Skillsoft trades on the NASDAQ under the ticker symbol "SKIL."

Skillsoft's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Paradice Investment Management LLC (7.42%), BlackRock Inc. (3.29%), Nuveen Asset Management LLC (1.43%), Brahman Capital Corp. (1.38%), Geode Capital Management LLC (0.96%) and State Street Corp (0.90%). Insiders that own company stock include Gary W Ferrera, Jeffrey R Tarr, Jose Torres, Patrick Kolek, Richard Walker and Ryan H Murray.
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Shares of SKIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SKIL stock can currently be purchased for approximately $0.93.

Skillsoft (NASDAQ:SKIL) has a market capitalization of $149.99 million and generates $555.12 million in revenue each year. The company earns $-724,960,000.00 in net income (profit) each year or ($4.01) on an earnings per share basis.

The company employs 2,431 workers across the globe.

Skillsoft's mailing address is 640 FIFTH AVENUE 12TH FL, NEW YORK NY, 10019. The official website for the company is www.skillsoft.com. The company can be reached via phone at 603-324-3000 or via email at skillsoftir@icrinc.com.