Skillz (SKLZ) Projected to Post Earnings on Thursday

Skillz (NYSE:SKLZ - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Thursday, August 7th. Analysts expect Skillz to post earnings of ($1.31) per share for the quarter.Skillz Inc NYSE: SKLZ Stock a Buy: An Esports Platform with UpsideSkillz (NYSE:SKLZ - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.92) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.09) by $0.17. The company had revenue of $22.41 million during the quarter, compared to analyst estimates of $21.57 million. Skillz had a negative net margin of 39.33% and a negative return on equity of 35.10%. On average, analysts expect Skillz to post $-4 EPS for the current fiscal year and $-4 EPS for the next fiscal year. Skillz Trading Up 0.4%Shares of NYSE SKLZ opened at $7.72 on Thursday. The firm has a 50 day moving average of $6.83 and a 200 day moving average of $5.90. The firm has a market capitalization of $134.56 million, a price-to-earnings ratio of -3.54 and a beta of 2.76. Skillz has a 12-month low of $3.54 and a 12-month high of $9.06. Hedge Funds Weigh In On SkillzAn institutional investor recently bought a new position in Skillz stock. Acadian Asset Management LLC purchased a new stake in shares of Skillz Inc. (NYSE:SKLZ - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 17,908 shares of the company's stock, valued at approximately $80,000. Acadian Asset Management LLC owned approximately 0.10% of Skillz at the end of the most recent reporting period. Institutional investors and hedge funds own 19.42% of the company's stock. Analyst Upgrades and DowngradesSKLZ has been the subject of several recent research reports. Wall Street Zen upgraded shares of Skillz from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Wedbush raised shares of Skillz to a "strong-buy" rating in a report on Tuesday, July 1st.Check Out Our Latest Analysis on SkillzSkillz Company Profile (Get Free Report)Skillz Inc operates a mobile game platform in the United States and internationally. 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. The company distributes games through direct app download from its website, as well as through third-party platforms.Featured ArticlesFive stocks we like better than SkillzHow to trade using analyst ratingsVisa Beats Q3 Earnings Expectations, So Why Did the Market Panic?Consumer Discretionary Stocks ExplainedHow Marvell Went From Short Target to Breakout StarWhat to Know About Investing in Penny StocksPalo Alto Networks: The All‑in‑One Cybersecurity PowerhouseThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Skillz Right Now?Before you consider Skillz, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Skillz wasn't on the list.While Skillz currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here