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SKLZ · NYSE

$10.81−$0.28 (−2.52%)TodayMarket closed ·
Prev close $11.09

SKLZ analyst rating

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The case for and against

Updated Jan 19, 2026

Bull case

Skillz Inc. has experienced a positive change in its financial metrics, with paid monthly active users increasing by 2.5% year-over-year, marking its first growth since the first quarter of 2022. This rebound is attributed to enhanced marketing efforts aimed at re-engaging lost users, with expectations for further growth projected at 6.6% year-over-year in the upcoming quarter as user spending recovers. The company's strategy to scale spending on user acquisition is anticipated to drive continued revenue growth, primarily stemming from its Skillz segment, which generates the majority of its income.

Bear case

Skillz Inc. is experiencing a decline in total monthly active users, with an estimated year-over-year decrease of 2.1%, which highlights a concerning trend in user engagement on its platform. Although the company is focused on reducing its operating cash burn, this effort may not sufficiently address the revenue challenges stemming from its reliance on the Skillz segment, which generates the majority of its income. Given these factors, there are fundamental concerns about Skillz's ability to maintain growth and recover from its current operational difficulties.

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