
Skillz (SKLZ) Stock Forecast & Price Target
Skillz (SKLZ) Analyst Ratings
Bulls say
Skillz Inc. has demonstrated a positive trend in its business metrics, with paid monthly active users experiencing a growth of 2.5% year-over-year for the first time since the first quarter of 2022, attributed to enhanced marketing strategies aimed at re-engaging users. Analysts anticipate further growth acceleration in the second quarter, estimating a year-over-year increase of 6.6% as spending by re-engaged users continues to increase. The company's strategy of scaling marketing expenditures to drive user acquisition positions it favorably for sustained revenue growth, predominantly from its Skillz segment.
Bears say
Skillz Inc. is experiencing a negative outlook primarily due to a decline in total monthly active users, with an estimated year-over-year decrease of 2.1%, which could impact future revenue streams. Despite efforts to reduce operating cash burn, the moderating user decline reflects potential challenges in sustaining growth and engagement on its platform. Furthermore, the dependency on the Skillz segment for the majority of revenue raises concerns regarding the overall financial stability and scalability of the business model amidst these user attrition issues.
This aggregate rating is based on analysts' research of Skillz and is not a guaranteed prediction by Public.com or investment advice.
Skillz (SKLZ) Analyst Forecast & Price Prediction
Start investing in Skillz (SKLZ)
Order type
Buy in
Order amount
Est. shares
0 shares