Skillz Inc. (SKLZ)
NYSE: SKLZ · IEX Real-Time Price · USD
6.60
-0.05 (-0.75%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Skillz Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Skillz stock have an average target of 10.25, with a low estimate of 6.50 and a high estimate of 15. The average target predicts an increase of 55.30% from the current stock price of 6.60.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Skillz stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $7 → $6.5 | Hold | Maintains | $7 → $6.5 | -1.52% | Jul 11, 2024 |
| Wedbush | Wedbush | Buy Reiterates $15 | Buy | Reiterates | $15 | +127.27% | May 10, 2024 |
| Wedbush | Wedbush | Buy Reiterates $15 | Buy | Reiterates | $15 | +127.27% | Mar 15, 2024 |
| Stifel | Stifel | Strong Buy Maintains $13 → $11 | Strong Buy | Maintains | $13 → $11 | +59.09% | Nov 13, 2023 |
| Wedbush | Wedbush | Buy Maintains $20 → $15 | Buy | Maintains | $20 → $15 | +127.27% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
161.74M
from 269.71M
Decreased by -40.03%
Revenue Next Year
117.25M
from 161.74M
Decreased by -27.51%
EPS This Year
-5.60
from -21.40
EPS Next Year
-5.15
from -5.60
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 173.3M | 133.0M | 146.3M | 214.1M | 82.6M | 85.1M |
| Avg | 161.7M | 117.3M | 131.2M | 155.6M | 80.3M | 82.6M |
| Low | 152.9M | 101.2M | 115.6M | 99.2M | 77.1M | 79.4M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | -35.7% | -17.8% | 24.8% | 63.1% | -46.9% | 5.9% |
| Avg | -40.0% | -27.5% | 11.9% | 18.6% | -48.4% | 2.9% |
| Low | -43.3% | -37.4% | -1.4% | -24.4% | -50.4% | -1.1% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -5.76 | -5.05 | -4.24 |
| Avg | -5.60 | -5.15 | -4.49 |
| Low | -5.38 | -5.17 | -4.67 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.