Reading SKLZ? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track SKLZ free→Reading SKLZ? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track SKLZ free→
NYSECommunication ServicesElectronic Gaming & MultimediaSnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak. Earnings quality cannot be assessed since the company was unprofitable over the past year. Management's recent track record has been unsteady, with frequent changes. Risk is high, and the sector backdrop is a headwind. Compared with sector peers, SKLZ trades below typical levels. Peer multiples imply a price about 76% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk. This pattern occurs because it trades below peer multiples, but recent financials are weak. The read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 2 valuation methods, at three horizons. Current price $8.30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $8.86 SKLZ trades at 1× p/s, in line with its 1× p/s peer median. Our $35 fair value reflects that, low confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 75% below a flat-multiple fair value, below our forecast of about 8%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
No fragility gates fired. Regime (Crisis) does not concentrate fragility.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Communication Services names rated weak grew net income 59% of the time over the next year (vs 53% for the rest of the cohort, n=701).
Over the trailing year it converted 1.01x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, long-term interest rates, the US dollar, real (inflation-adjusted) rates, Fed net liquidity.
13 material management or governance events in the past 24 months, led by executive changes. Historically, Communication Services names rated volatile grew net income 60% of the time over the next year (vs 59% for the rest of the cohort, n=200).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.00 → $-0.99. 0 raised, 1 cut, 1 covering analysts.
0 upgrades, 0 downgrades / 30d. 0% of analysts rate Buy.
0 positive, 0 negative / 30d.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$368.
How much price usually moves either way.
On a bad day, this stock has moved -$784.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $7,492.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: If Skillz grows its revenue, it may improve in a shrinking market.
Confirms:Q2 revenue growth reported at greater than 0% year over year.
Disproves:Q2 revenue growth remains negative year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for SKLZ yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of New Chief Financial Officer On May 17, 2026, the Board of Directors (the “Board”) approved the appointment of Robert Alex Walsh, effective as of July 13, 2026 (the “Effective Date”), as the Chief Financial Officer of Skillz Inc. (the “Company”), succeeding Mr. Gaetano Franceschi in such role. Mr. Walsh, 41, has most recently served…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Roughly priced in line with peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Interactive Home Entertainment.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
SKLZ Skillz Inc | Below typical Show detailsSector percentile: 3 of 100 | inexpensive | high |
NTES NETEASE INC | — | — | moderate |
EA Electronic Arts | Below typical Show detailsSector percentile: 27 of 100 | expensive | moderate |
TTWO Take-Two Interactive | Typical Show detailsSector percentile: 33 of 100 | expensive | moderate |
RBLX ROBLOX CORPORATION | Typical Show detailsSector percentile: 48 of 100 | expensive | elevated |
Not investment advice. As of 2026-06-16.
via XLC
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on enhancing financial results and reducing losses.
Oversee the transition of key executive roles, including CFO and General Counsel.
Results of Operations and Financial Condition. On May 15, 2026, Skillz Inc. (the "Company") issued a press release announcing its financial results for the first quarter ended March 31, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The Company makes reference to non-GAAP financial information in the press release. The Company's non-GAAP financial measures should be viewed in addition to and not as a substitute for or superior to the…
Departure of Directors or Principal Officers; Election of Directors; Appointment of Officers. Nikul Patel, Skillz Inc.’s (the “Company”) Interim General Counsel, departed from the Company on April 28, 2026. Mr. Patel will be entitled to Tier 3 severance benefits under the severance plan, subject to his execution of a customary separation agreement and release of claims. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report t…
Departure of Directors or Principal Officers; Election of Directors; Appointment of Officers. As previously disclosed on a Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on December 30, 2025, Skillz Inc. (the “Company”) and Gaetano Franceschi, the Company’s Chief Financial Officer, entered into a side letter (the “Side Letter”) with respect to that certain Transition and Separation Agreement, dated December 17, 2025 (the “Transition and Separation Agr…
Results of Operations and Financial Condition. On March 31, 2026, Skillz Inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information contained in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by…