Skillz (SKLZ) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Skillz in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SKLZ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SKLZ, but not buy additional shares or sell existing shares.
View SKLZ analyst ratings or view top-rated stocks.

4 brokerages have issued 12-month price objectives for Skillz's stock. Their SKLZ share price forecasts range from $9.00 to $25.00. On average, they predict the company's share price to reach $18.00 in the next year. This suggests a possible upside of 249.9% from the stock's current price.
View analysts price targets for SKLZ or view top-rated stocks among Wall Street analysts.

Skillz's stock was trading at $10.13 on January 1st, 2023. Since then, SKLZ stock has decreased by 49.2% and is now trading at $5.1450.
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Skillz saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,760,000 shares, an increase of 26.6% from the August 15th total of 1,390,000 shares. Based on an average trading volume of 539,700 shares, the days-to-cover ratio is currently 3.3 days. Approximately 13.6% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our SKLZ earnings forecast.

Skillz Inc. (NYSE:SKLZ) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported ($1.62) EPS for the quarter, missing analysts' consensus estimates of ($1.49) by $0.13. The firm earned $40.17 million during the quarter, compared to the consensus estimate of $43.16 million. Skillz had a negative net margin of 145.87% and a negative trailing twelve-month return on equity of 53.35%.

ETFs with the largest weight of Skillz (NYSE:SKLZ) stock in their portfolio include Pacer BlueStar Digital Entertainment ETF (ODDS).Global X Video Games & Esports ETF (HERO).

Skillz's stock reverse split on Monday, June 26th 2023. The 1-20 reverse split was announced on Monday, June 26th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, June 26th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Skillz trades on the New York Stock Exchange (NYSE) under the ticker symbol "SKLZ."

Shares of SKLZ 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 SKLZ stock can currently be purchased for approximately $5.15.

Skillz (NYSE:SKLZ) has a market capitalization of $108.92 million and generates $269.71 million in revenue each year. The company earns $-438,880,000.00 in net income (profit) each year or ($13.45) on an earnings per share basis.

The company employs 240 workers across the globe.

Skillz's mailing address is 2121 AVENUE OF THE STARS SUITE 2300, LOS ANGELES CA, 90067. The official website for the company is corp.skillz.com. The company can be reached via phone at 415-762-0511 or via email at ir@skillz.com.