Skillz Inc (SKLZ)
NYSECommunication ServicesElectronic Gaming & MultimediaSnapshot 2026-09-04
$8.84+6.25%
Close 2026-06-18 · 1-day change
NYSECommunication ServicesElectronic Gaming & MultimediaSnapshot 2026-09-04
Broken: Primary pillar broken — Net loss reduction toward breakeven: metric not reported.
Skillz grew revenue to $29.1M in 2026-Q1 with net losses improving to -$10.9M. The new CFO and strategic shifts could stabilize finances. Analysts expect about 15% revenue growth next year.
Revenue declined from $30M to $29.1M in 2026-Q1 and losses remain large at -$10.9M. Executive turnover and a recent earnings miss show ongoing instability. EPS is forecast negative through 2027.
The market prices in about 15% revenue growth but also expects continued losses through 2027. Our fair value range $22.74 to $50.41 suggests some upside if turnaround succeeds, but risks remain high.
Breaks if: Additional CFO or General Counsel departures occur within next 12 months
Breaks if: Net loss does not improve or worsens beyond -$10.9M in next 4 quarters
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a speculative growth opportunity. The company is currently loss-making and has volatile management, which adds risk to its long-term thesis.
The market seems to have priced in a low level of fragility, indicating that it does not expect significant disruptions. SKLZ is viewed as cheap compared to its peers, but there is a notable expectations gap, suggesting that investors are cautious about its future performance.
Fundamentally, SKLZ is struggling with weak financial performance and increasing losses, despite some revenue growth. The management's focus on improving financial performance and managing executive transitions is ongoing, but overall progress toward profitability remains limited.
The long-term thesis hinges on the performance of sector bellwethers like NTES, EA, and TTWO, as well as potential interest rate cuts by the Fed. Any earnings misses could further impact investor sentiment and the company's recovery efforts.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Focus on enhancing financial results and reducing losses.
Breaks if: YoY revenue growth falls below 15% in FY27
Focus on enhancing financial results and reducing losses.
In the next 1 to 3 years, SKLZ's outlook will depend on its ability to improve financial performance and navigate sector challenges. Not investment advice.