Skillsoft price target lowered to $20 from $25 at Barclays

Barclays lowered the firm’s price target on Skillsoft to $20 from $25 and keeps an Overweight rating on the shares. The company’s “underwhelming” fiscal Q4 results and fiscal 2025 guidance will unlikely change the low sentiment around the shares, and the announced CEO transition “only adds to questions,” the analyst tells investors in a research note. The firm says consistent execution will be needed to reignite investor interest and get the shares back on track, “which may take some time.” There was little for bulls to be excited about in Skillsoft’s Q4 print that came with bookings and revenue falling well short of Street expectations, contends Barclays.