Skillz Inc. Delays Quarterly Report Filing

Skillz ( (SKLZ) ) has released a notification of late filing.

Skillz Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The primary reason for this delay is the need for additional time to complete procedures related to its year-end reporting process, which also affected the filing of its 2024 Form 10-K (Yearly Report). The company is utilizing a five-day extension period to finalize these reports. Skillz has released preliminary unaudited financial results for both the year ended December 31, 2024, and the quarter ended March 31, 2025, but these are subject to change pending finalization. The company is actively working to comply with filing requirements and ensure accurate financial reporting. The notification was signed by Gaetano Franceschi, the Chief Financial Officer.

The most recent analyst rating on (SKLZ) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Skillz stock, see the SKLZ Stock Forecast page.

Spark’s Take on SKLZ Stock

According to Spark, TipRanks’ AI Analyst, SKLZ is a Neutral.

Skillz’s stock evaluation reflects significant financial challenges, including declining revenues and negative cash flows, which are major detractors. Technical analysis indicates some upward momentum, but caution is warranted due to potential overbought conditions. Valuation remains challenging with a negative P/E ratio. The earnings call adds a mixed sentiment with some positive operational improvements, but also highlights critical issues such as revenue declines and compliance problems.

To see Spark’s full report on SKLZ stock, click here.

More about Skillz

Average Trading Volume: 73,653

Technical Sentiment Signal: Sell

Current Market Cap: $100.1M

Find detailed analytics on SKLZ stock on TipRanks’ Stock Analysis page.