Skillz, Inc. (SKLZ)

NYSE: SKLZ · Delayed Price · USD
1.94
0.16 (8.99%)
At close: May 19, 2022 4:00 PM
1.93
-0.01 (-0.52%)
After-hours:May 19, 2022 7:55 PM EDT
Market Cap794.48M
Revenue (ttm)393.85M
Net Income (ttm)-275.90M
Shares Out409.53M
EPS (ttm)-0.91
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume13,089,422
Open1.75
Previous Close1.78
Day's Range1.75 - 1.99
52-Week Range1.39 - 24.88
Beta2.02
AnalystsBuy
Price Target3.86 (+99.0%)
Earnings DateMay 4, 2022

About SKLZ

Skillz Inc. operates a mobile games platform that connects players in fair, fun, and meaningful competition. 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 worldwide. It also hosts casual esports tournaments to a range of mobile players. The company distributes games through direct app download from its website, as well as through third-party platforms. Skillz Inc. was founded in 2012 and...

IndustryEntertainment
Founded2012
Employees650
Stock ExchangeNYSE
Ticker SymbolSKLZ
Full Company Profile

Financial Performance

In 2021, Skillz's revenue was $384.09 million, an increase of 66.91% compared to the previous year's $230.12 million. Losses were -$181.38 million, 24.6% more than in 2020.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for SKLZ stock is "Buy." The 12-month stock price forecast is 3.86, which is an increase of 98.97% from the latest price.

Price Target
$3.86
(98.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

These Growth Stocks Have Dipped 70% In 2022. Here's Why They're Worth a Look

Buying dips this steep isn't for the fainthearted, but with a long-term focus they could be high-growth opportunities.

Other symbols:U
1 day ago - The Motley Fool

Sell Any Rallies of Skillz Stock , as a Turnaround Is Unlikely

Skillz' online e-gaming business model failed to work at scale. The company faces a difficult challenge in cutting its expenses, and SKLZ stock will struggle.

6 days ago - InvestorPlace

Down Over 95%, Should You Buy These Growth Stocks?

The market has fallen out of love with growth stocks. Unfortunately, these two have been among the worst affected.

Other symbols:FUBO
6 days ago - The Motley Fool

Shari Glazer, CEO of Kalos Labs and Founder of US Digital Trust, Joins Skillz Board of Directors

LOS ANGELES--(BUSINESS WIRE)--Skillz (NYSE: SKLZ), the leading mobile games platform bringing fair and fun competition to players worldwide, today announced that Shari Glazer, entrepreneur and a globall...

1 week ago - Business Wire

3 Beaten-Down Tech Stocks With Up to 167% Upside, According to Wall Street

Select analysts foresee these downtrodden tech stocks skyrocketing over the next 12 months.

Other symbols:OKTASNOW
1 week ago - The Motley Fool

Revenue Growth Is Slowing for These Pandemic Winners

Economic reopening is creating a headwind for companies that thrived when consumers were spending more time at home.

Other symbols:CHGGEBAY
1 week ago - The Motley Fool

Better Value Tech Stock: Wish or Skillz

One of these fallen growth stocks has a better shot at a comeback.

Other symbols:WISH
1 week ago - The Motley Fool

Financial Results Show Skillz Has Trouble Paying Its Bills

A widening net loss and shrinking cash position put the burden of proof on the company.

1 week ago - The Motley Fool

Sales and Marketing Spending Exceeds Revenue for Skillz (Again)

The company shed paying monthly active users despite a major investment in marketing.

1 week ago - The Motley Fool

SKLZ Stock Won't Be a Buy Until Skillz's Marketing Expenses Fall

SKLZ stock is still not worth buying, even though Skillz now projects it will reduce its market costs to just 10% of revenue. The post SKLZ Stock Won't Be a Buy Until Skillz's Marketing Expenses Fall ap...

2 weeks ago - InvestorPlace

Skillz Inc. (SKLZ) Reports Q1 Loss, Misses Revenue Estimates

Skillz Inc. (SKLZ) delivered earnings and revenue surprises of 0% and 1.24%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Skillz Announces Q1 2022 Results, Paving the Path to Profitable Growth

SAN FRANCISCO--(BUSINESS WIRE)--Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair competition to players worldwide, today announced financial results ...

2 weeks ago - Business Wire

Skillz (SKLZ) to Report Q1 Earnings: What's in The Offing?

Skillz's (SKLZ) first-quarter 2022 performance is likely to have benefited from greater adoption of mobile gaming, the Aarki acquisition, user-acquisition efforts and strategic partnerships.

2 weeks ago - Zacks Investment Research

Will Skillz Follow Through and Decrease Marketing Spending?

The company has promised to reign in the spending leading to losses on the bottom line.

2 weeks ago - The Motley Fool

Another Short Squeeze Rally Is in the Cards for Skillz Stock

SKLZ stock seems to have discounted the slowdown concerns. Cost cutting and possible improvement in EBITDA margin can trigger a rally.

3 weeks ago - InvestorPlace

Earnings Preview: Skillz Inc. (SKLZ) Q1 Earnings Expected to Decline

Skillz Inc. (SKLZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

It's Pretty Much ‘Game Over' for Skillz Stock

Bottom-fishers may think otherwise, but there's still little to signal that there's a comeback in the making for SKLZ stock. The post It's Pretty Much ‘Game Over' for Skillz Stock appeared first on Inve...

3 weeks ago - InvestorPlace

Trending Penny Stocks to Buy Next Month? 3 to Watch in May

Here are three trending penny stocks to watch this coming month The post Trending Penny Stocks to Buy Next Month? 3 to Watch in May  appeared first on Penny Stocks to Buy, Picks, News and Information | ...

Other symbols:TALXELA
3 weeks ago - PennyStocks

Why Skillz Continues Marching Lower Today

The mobile gaming platform hasn't offered anything in a long time that would suggest it's ready to level up.

4 weeks ago - The Motley Fool

Could Embattled Skillz be Due for a Massive Short Squeeze?

Although SKLZ stock has so far proven to be a terribly volatile investment, this dynamic also makes it intriguing as a short squeeze. The post Could Embattled Skillz be Due for a Massive Short Squeeze?

1 month ago - InvestorPlace

Skillz Announces Date for First Quarter 2022 Results

SAN FRANCISCO--(BUSINESS WIRE)--Skillz Inc. (NYSE: SKLZ) (“Skillz”), the leading mobile games platform bringing fair and fun competition to players worldwide, today announced that it will release its fi...

1 month ago - Business Wire

These 3 Supercharged Growth Stocks Have This Trait in Common

The growth-at-all-costs philosophy is not in favor with investors right now.

Other symbols:DKNGFUBO
1 month ago - The Motley Fool

Skillz Stock: Management Hopes for a Revival With Cloud Effort

Skillz wants to make a new segment of the architecture market like Amazon Web Services, making SKLZ stock a cloud-gaming play. The post Skillz Stock: Management Hopes for a Revival With Cloud Effort app...

1 month ago - InvestorPlace

Down Over 50%: 3 Unstoppable Stocks to Buy on the Dip

Some technology stocks have been crushed more than others amid the recent sell-off, creating some enticing opportunities.

Other symbols:FVRRROKU
1 month ago - The Motley Fool

A Rally to $5 in Skillz Stock Is Possible

There's more to Skillz's than weak financials, but SKLZ stock isn't out of the woods or a buy for most investors at this point The post A Rally to $5 in Skillz Stock Is Possible appeared first on Invest...

1 month ago - InvestorPlace