Skillz Inc. (SKLZ)
NYSE: SKLZ · IEX Real-Time Price · USD
6.83
+0.49 (7.73%)
At close: May 31, 2024, 4:00 PM
6.69
-0.14 (-2.05%)
After-hours: May 31, 2024, 7:01 PM EDT
Skillz Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Skillz stock have an average target of 11.5, with a low estimate of 9.00 and a high estimate of 15. The average target predicts an increase of 68.37% from the current stock price of 6.83.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Skillz stock from 4 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Reiterates $15 | Buy | Reiterates | $15 | +119.62% | May 10, 2024 |
| Wedbush | Wedbush | Buy Reiterates $15 | Buy | Reiterates | $15 | +119.62% | Mar 15, 2024 |
| Stifel | Stifel | Strong Buy Maintains $13 → $11 | Strong Buy | Maintains | $13 → $11 | +53.73% | Nov 13, 2023 |
| Wedbush | Wedbush | Buy Maintains $20 → $15 | Buy | Maintains | $20 → $15 | +119.62% | Nov 9, 2023 |
| BTIG | BTIG | Strong Sell → Hold Upgrades n/a | Strong Sell → Hold | Upgrades | n/a | n/a | Oct 23, 2023 |
Financial Forecast
Revenue This Year
161.74M
from 269.71M
Decreased by -40.03%
Revenue Next Year
126.59M
from 161.74M
Decreased by -21.73%
EPS This Year
-5.60
from -21.40
EPS Next Year
-4.67
from -5.60
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 173.3M | 152.2M | 167.5M | 214.1M | 86.0M | 88.5M |
| Avg | 161.7M | 126.6M | 141.5M | 155.6M | 83.5M | 86.0M |
| Low | 152.9M | 101.2M | 115.6M | 99.2M | 80.3M | 82.6M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | -35.7% | -5.9% | 32.3% | 51.3% | -44.7% | 6.0% |
| Avg | -40.0% | -21.7% | 11.8% | 10.0% | -46.3% | 2.9% |
| Low | -43.3% | -37.4% | -8.6% | -29.9% | -48.4% | -1.1% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -5.76 | -4.56 | -4.41 |
| Avg | -5.60 | -4.67 | -4.57 |
| Low | -5.38 | -4.71 | -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.