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Skillz ( (SKLZ) ) just unveiled an update.
On August 29, 2025, Skillz Inc. received a termination notice from Tether Studios, LLC and Tether Games, Inc., indicating the end of their agreements effective September 1, 2025, which Skillz disputes as invalid. Following this, Skillz filed a lawsuit on September 1, 2025, seeking legal relief against Tether’s alleged breach, while also contesting the grounds for termination, which could impact its business operations.
The most recent analyst rating on (SKLZ) stock is a Hold with a $9.00 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 score is primarily impacted by its financial challenges, including declining revenues and persistent losses. While technical analysis shows positive momentum, the stock’s valuation is concerning due to a negative P/E ratio. The earnings call provided some positive insights, but ongoing cash flow issues and legal challenges remain significant risks.
To see Spark’s full report on SKLZ stock, click here.
More about Skillz
Skillz Inc. operates in the mobile gaming industry, providing a platform that enables game developers to monetize their games through competitive gaming and tournaments. The company focuses on offering software development kits and revenue-sharing models to developers, enhancing user engagement and monetization opportunities.
Average Trading Volume: 90,978
Technical Sentiment Signal: Hold
Current Market Cap: $157.3M
See more data about SKLZ stock on TipRanks’ Stock Analysis page.