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NYSE: SKLZ
Skillz Inc Stock Forecast, Predictions & Price Target

Buy SKLZ

Analyst price target for SKLZ

Based on 2 analysts offering 12 month price targets for Skillz Inc.
Min Forecast
$1.50-4.46%
Avg Forecast
$1.53-2.87%
Max Forecast
$1.55-1.27%

Should I buy or sell SKLZ stock?

Based on 3 analysts offering ratings for Skillz Inc.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
3 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

SKLZ stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Canaccord Genuity
Bottom 2%
2
HoldDowngrades$1.50-4.46%2022-08-04
Citigroup
Top 29%
72
HoldMaintains$1.55-1.27%2022-07-07
BTIG
Bottom 10%
10
HoldInitiates Coverage OnN/AN/A2021-10-27

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Forecast return on equity

Is SKLZ forecast to generate an efficient return?
Company
-23.25%
Industry
-9.94%
Market
28.93%
SKLZ's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SKLZ forecast to generate an efficient return on assets?
Company
-13.66%
Industry
3.12%
SKLZ is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SKLZ earnings per share forecast

What is SKLZ's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
-$0.80
Avg 2 year Forecast
-$0.56
Avg 3 year Forecast
-$0.46

SKLZ revenue forecast

What is SKLZ's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$273.0M-27.72%
Avg 2 year Forecast
$286.2M-24.23%
Avg 3 year Forecast
$378.5M+0.21%
SKLZ's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SKLZ revenue growth forecast

How is SKLZ forecast to perform vs Electronic Gaming & Multimedia companies and vs the US market?
Company
-1.57%
Industry
17.75%
Market
8.55%
SKLZ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SKLZ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SKLZ vs Gaming Stocks

TickerPricePrice TargetUp/downsideConsensus
SKLZ$1.57$1.53-2.87%Hold
DDI$10.40$22.50+116.35%Strong Buy
MYPS$3.57$5.20+45.66%Hold
NGMS$17.14$20.00+16.69%Strong Buy
GRVY$49.80N/AN/A

Skillz Stock Forecast FAQ

Is Skillz Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: SKLZ) stock is to Hold SKLZ stock.

Out of 3 analysts, 0 (0%) are recommending SKLZ as a Strong Buy, 0 (0%) are recommending SKLZ as a Buy, 3 (100%) are recommending SKLZ as a Hold, 0 (0%) are recommending SKLZ as a Sell, and 0 (0%) are recommending SKLZ as a Strong Sell.

If you're new to stock investing, here's how to buy Skillz stock.

What is SKLZ's earnings growth forecast for 2022-2024?

(NYSE: SKLZ) Skillz's forecast annual earnings growth rate of N/A is not forecast to beat the US Electronic Gaming & Multimedia industry's average forecast earnings growth rate of 18.41%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.41%.

Skillz's earnings in 2022 is -$256,914,000.On average, 3 Wall Street analysts forecast SKLZ's earnings for 2022 to be -$335,338,750, with the lowest SKLZ earnings forecast at -$343,722,219, and the highest SKLZ earnings forecast at -$322,763,547. On average, 3 Wall Street analysts forecast SKLZ's earnings for 2023 to be -$234,737,125, with the lowest SKLZ earnings forecast at -$243,120,594, and the highest SKLZ earnings forecast at -$226,353,657.

In 2024, SKLZ is forecast to generate -$192,819,781 in earnings, with the lowest earnings forecast at -$197,011,516 and the highest earnings forecast at -$184,436,313.

What is SKLZ's revenue growth forecast for 2022-2024?

(NYSE: SKLZ) Skillz's forecast annual revenue growth rate of -1.57% is not forecast to beat the US Electronic Gaming & Multimedia industry's average forecast revenue growth rate of 17.75%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.55%.

Skillz's revenue in 2022 is $377,694,000.On average, 3 Wall Street analysts forecast SKLZ's revenue for 2022 to be $114,438,540,308, with the lowest SKLZ revenue forecast at $112,757,654,822, and the highest SKLZ revenue forecast at $115,285,270,653. On average, 3 Wall Street analysts forecast SKLZ's revenue for 2023 to be $119,960,312,007, with the lowest SKLZ revenue forecast at $111,835,473,258, and the highest SKLZ revenue forecast at $125,752,031,400.

In 2024, SKLZ is forecast to generate $158,657,146,283 in revenue, with the lowest revenue forecast at $124,494,511,086 and the highest revenue forecast at $192,819,781,480.

What is SKLZ's forecast return on assets (ROA) for 2022-2025?

(NYSE: SKLZ) forecast ROA is -13.66%, which is lower than the forecast US Electronic Gaming & Multimedia industry average of 3.12%.

What is SKLZ's Price Target?

According to 2 Wall Street analysts that have issued a 1 year SKLZ price target, the average SKLZ price target is $1.53, with the highest SKLZ stock price forecast at $1.55 and the lowest SKLZ stock price forecast at $1.50.

On average, Wall Street analysts predict that Skillz's share price could fall to $1.53 by Aug 4, 2023. The average Skillz stock price prediction forecasts a potential downside of 2.87% from the current SKLZ share price of $1.57.

What is SKLZ's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: SKLZ) Skillz's current Earnings Per Share (EPS) is -$0.64. On average, analysts forecast that SKLZ's EPS will be -$0.80 for 2022, with the lowest EPS forecast at -$0.82, and the highest EPS forecast at -$0.77. On average, analysts forecast that SKLZ's EPS will be -$0.56 for 2023, with the lowest EPS forecast at -$0.58, and the highest EPS forecast at -$0.54. In 2024, SKLZ's EPS is forecast to hit -$0.46 (min: -$0.47, max: -$0.44).

What is SKLZ's forecast return on equity (ROE) for 2022-2025?

(NYSE: SKLZ) forecast ROE is -23.25%, which is considered weak.
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