Skillz (SKLZ) Receives Upgrade: Reasons for the Purchase Decision

Written by Emily J. Thompson, Senior Investment Analyst

Source: NASDAQ.COM

Updated: Sep 23 2025

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SKLZ-3.85%

Should l Buy SKLZ?

Source: NASDAQ.COM

Skillz Inc. Upgrade: Skillz Inc. (SKLZ) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price.
Earnings Estimates Impact: The Zacks rating system, which correlates earnings estimate revisions with stock price movements, suggests that Skillz's improved earnings outlook could lead to higher stock performance in the near term.

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About SKLZ

Skillz Inc. (Skillz) offers mobile games platform. The Skillz platform helps developers create franchises by enabling social competition in their games. The Company hosts various casual eSports tournaments for various mobile players worldwide. Skillz technology platform aligns the interests of developers and gamers with respect to user monetization. It monetizes user engagement primarily through prizes. The Company offers a range of gaming experiences for users. It enables game genres that can be played asynchronously, synchronously or turn-based synchronously. Its end-to-end technology platform enables mobile game developers to improve gameplay experiences and drive improved engagement, retention and revenue from their content. It offers an integrated software development kit (SDK), which contains over 200 features, including various social features, such as in-game chat, friends, tournaments and leagues, which allow players to interact and build relationships in the player community.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Skillz Reports Initial Results for Third Quarter 2025

Nov 06 2025Newsfilter

Financial Performance: Skillz Inc. reported third-quarter revenue of $27.4 million, a gross profit of $24.0 million, and a net loss of $17.4 million, showing improvements in adjusted EBITDA loss compared to the previous year.
User Engagement Growth: The company experienced a 28% year-over-year increase in paying monthly active users (PMAUs), reaching 155,000, alongside a 9% sequential revenue growth.
Cash Position: As of September 30, 2025, Skillz had $213 million in cash and restricted cash, positioning the company well for future investments and strategic initiatives.
Regulatory Compliance: Skillz is working to complete its financial statements and address delayed filings with the SEC, having received an extension from the NYSE to maintain its listing compliance through December 17, 2025.

Skillz to Announce Third Quarter Results for 2025 on Thursday, November 6, Followed by Conference Call and Webcast

Nov 03 2025Newsfilter

Upcoming Financial Results: Skillz Inc. will release its third quarter financial results for 2025 on November 6, 2025, before the market opens, followed by a conference call at 8:30 a.m. ET.
Public Participation: The conference call and webcast are open to the public, with options for audio-only listening and participation through registration for questions.
Company Overview: Skillz is a leading mobile games platform that promotes competition among players and helps developers create successful gaming franchises through its patented technology.
Recognition and Achievements: Skillz has received multiple accolades, including being listed among Fast Company's Best Workplaces for Innovators and CNBC's Disruptor 50, highlighting its rapid growth and innovation in the gaming industry.

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Skillz Inc.- SKLZ

Oct 08 2025PRnewswire

Investigation into Skillz Inc.: Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Skillz Inc. and its executives, urging affected investors to reach out for assistance.
Impact of Tether's Termination: Skillz's stock price dropped significantly after Tether Studios announced the termination of their agreements, leading Skillz to file a lawsuit to contest the termination and the reasons provided by Tether.

INVESTOR NOTICE: Pomerantz Law Firm Probes Allegations for Skillz Inc. Investors – SKLZ

Sep 24 2025Globenewswire

Investigation of Skillz Inc.: Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Skillz Inc. and its executives, urging affected investors to reach out for assistance.
Termination of Agreements with Tether: Skillz's stock price dropped significantly after the company disclosed that Tether Studios planned to terminate their agreements, which involved licensing software for monetizing games, leading Skillz to file a lawsuit against Tether.