Upcoming Earnings Could Bring Back Positive Sentiment for Skillz_老虎社区_美港股上老虎

Upcoming Earnings Could Bring Back Positive Sentiment for Skillz

InvestorPlace2021-08-01

Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory. Skillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...

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408

Jesss
·2021-08-03
Rise or fall?
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EHG
·2021-08-02
Like
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3
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lingnh
·2021-08-02
Ok
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1
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SPOT_ON
·2021-08-02
Like n follow
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3
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white_fangg
·2021-08-02
Like and comment please. Thanks
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2
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- Ahboy18:
  Ok
  2021-08-02
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MystSapphire
·2021-08-02
Interesting and hopefully so. Been a joirney for everyone all over the world. [微笑]
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4
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770b87fa
·2021-08-02
Interesting
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2
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- 55f64d08:
  k
  2021-08-02
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Investigater
·2021-08-01
Yeah
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5
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- Jennifer58:
  Lol
  2021-08-01
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- Investigater:
  Yup
  2021-08-01
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- 770b87fa:
  Hmm
  2021-08-02
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ChoongHwee
·2021-08-01
Good
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4
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Siong25
·2021-08-01
Just buy it if you bhad strong conviction on SKLz
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3
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- ykang:
  Agree
  2021-08-01
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- FlorCheah:
  buy on the dip
  2021-08-02
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Bobbob
·2021-08-01
👌🏻
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2
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- CLOUD1127:
  done
  2021-08-01
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Bull1973
·2021-08-01
Good
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1
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egbloper
·2021-08-01
Could be cheaper though.
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3
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- Bull1973:
  Truw
  2021-08-01
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- Bull1973:
  True
  2021-08-01
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- DDRuirong:
  Ahh
  2021-08-01
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查看更多 2 条评论
Chengstacy
·2021-08-01
That’s great
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1
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Tansw
·2021-08-01
good
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BBBBBBBBBB
·2021-08-01
Ok
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2
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WanEH
·2021-08-01
Haiz
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1
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GiGaBOO
·2021-08-01
Liked
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1
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Cheahmanda
·2021-08-01
Fuckkng terrene
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h20_mako
·2021-08-01
👍
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2
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- Dazy:
  👍
  2021-08-01
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Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">网页链接</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","article_id":"1146192957","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","pubTimestamp":1627783930,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"即将到来的收益可能会给Skillz带来积极的情绪","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SKLZ":0.9},"content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":807110727,"gmtCreate":1628005152369,"gmtModify":1633754438551,"author":{"id":"3581132427981586","authorId":"3581132427981586","name":"Jesss","avatar":"https://static.tigerbbs.com/3d97fa229afbb5213f7f41ad230a8825","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581132427981586","authorIdStr":"3581132427981586"},"htmlText":"Rise or fall?","listText":"Rise or fall?","text":"Rise or fall?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807110727","repostId":1146192957,"repostType":2,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":805307612,"gmtCreate":1627859268436,"gmtModify":1633755980570,"author":{"id":"3586941861951066","authorId":"3586941861951066","name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586941861951066","authorIdStr":"3586941861951066"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805307612","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":805949590,"gmtCreate":1627856909510,"gmtModify":1631892258515,"author":{"id":"4087297789740060","authorId":"4087297789740060","name":"lingnh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4087297789740060","authorIdStr":"4087297789740060"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805949590","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":805955130,"gmtCreate":1627856401420,"gmtModify":1633756012320,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582922989777578","authorIdStr":"3582922989777578"},"htmlText":"Like n follow","listText":"Like n follow","text":"Like n follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805955130","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":805925932,"gmtCreate":1627854977926,"gmtModify":1633756020254,"author":{"id":"3587098012837997","authorId":"3587098012837997","name":"white_fangg","avatar":"https://static.tigerbbs.com/7bb054ebcc34da2e4209120935bb5774","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3587098012837997","authorIdStr":"3587098012837997"},"htmlText":"Like and comment please. Thanks&nbsp;","listText":"Like and comment please. Thanks&nbsp;","text":"Like and comment please. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805925932","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5396549,"gmtCreate":1627856385292,"gmtModify":1635162573956,"authorId":3580470316513392,"author":{"id":3580470316513392,"idStr":"3580470316513392","authorId":3580470316513392,"name":"Ahboy18","avatar":"https://static.tigerbbs.com/d675603e4c812ab6a525a4945244b613","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805925932,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":805963419,"gmtCreate":1627846739431,"gmtModify":1633756033471,"author":{"id":"4088088934948970","authorId":"4088088934948970","name":"MystSapphire","avatar":"https://static.tigerbbs.com/1dc41d4fc4d166c55651fb37778cdca7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4088088934948970","authorIdStr":"4088088934948970"},"htmlText":"Interesting and hopefully so. Been a joirney for everyone all over the world.&nbsp;[微笑]&nbsp;","listText":"Interesting and hopefully so. Been a joirney for everyone all over the world.&nbsp;[微笑]&nbsp;","text":"Interesting and hopefully so. Been a joirney for everyone all over the world. [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805963419","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":805969039,"gmtCreate":1627844184821,"gmtModify":1627844184821,"author":{"id":"3583828823359549","authorId":"3583828823359549","name":"770b87fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3583828823359549","authorIdStr":"3583828823359549"},"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805969039","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5396446,"gmtCreate":1627854942388,"gmtModify":1635162584359,"authorId":3575420754880245,"author":{"id":3575420754880245,"idStr":"3575420754880245","authorId":3575420754880245,"name":"55f64d08","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805969039,"type":1,"supId":0,"prevId":0,"content":"<u>k</u>","text":"<u>k</u>","html":"<u>k</u>"}],"langContent":"EN"},{"id":805933552,"gmtCreate":1627833339076,"gmtModify":1633756059604,"author":{"id":"3571011001777364","authorId":"3571011001777364","name":"Investigater","avatar":"https://static.tigerbbs.com/6cc9755a32715757af2686d3467dc2be","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571011001777364","authorIdStr":"3571011001777364"},"htmlText":"Yeah","listText":"Yeah","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/805933552","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5395994,"gmtCreate":1627833398114,"gmtModify":1635162624008,"authorId":3577529300728738,"author":{"id":3577529300728738,"idStr":"3577529300728738","authorId":3577529300728738,"name":"Jennifer58","avatar":"https://static.tigerbbs.com/9a014efda004b6cc112e5d7968adf52f","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805933552,"type":1,"supId":0,"prevId":0,"content":"<u>Lol</u>","text":"<u>Lol</u>","html":"<u>Lol</u>"},{"id":5395995,"gmtCreate":1627833409824,"gmtModify":1635162623882,"authorId":3571011001777364,"author":{"id":3571011001777364,"idStr":"3571011001777364","authorId":3571011001777364,"name":"Investigater","avatar":"https://static.tigerbbs.com/6cc9755a32715757af2686d3467dc2be","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805933552,"type":1,"supId":5395994,"prevId":0,"content":"Yup","text":"Yup","html":"Yup"},{"id":5396265,"gmtCreate":1627844202184,"gmtModify":1635162599073,"authorId":3583828823359549,"author":{"id":3583828823359549,"idStr":"3583828823359549","authorId":3583828823359549,"name":"770b87fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805933552,"type":1,"supId":0,"prevId":0,"content":"Hmm","text":"Hmm","html":"Hmm"}],"langContent":"EN"},{"id":805992883,"gmtCreate":1627832388342,"gmtModify":1633756065256,"author":{"id":"3561932898161790","authorId":"3561932898161790","name":"ChoongHwee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3561932898161790","authorIdStr":"3561932898161790"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805992883","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":805046864,"gmtCreate":1627828467758,"gmtModify":1631883986233,"author":{"id":"3564653723071869","authorId":"3564653723071869","name":"Siong25","avatar":"https://static.tigerbbs.com/1c76890997f9d9ddfa1a2edd67b99241","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3564653723071869","authorIdStr":"3564653723071869"},"htmlText":"Just buy it if you bhad strong conviction on SKLz","listText":"Just buy it if you bhad strong conviction on SKLz","text":"Just buy it if you bhad strong conviction on SKLz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/805046864","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5395640,"gmtCreate":1627829403959,"gmtModify":1635162655602,"authorId":3574210732047776,"author":{"id":3574210732047776,"idStr":"3574210732047776","authorId":3574210732047776,"name":"ykang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805046864,"type":1,"supId":0,"prevId":0,"content":"<u>Agree</u>","text":"<u>Agree</u>","html":"<u>Agree</u>"},{"id":5396929,"gmtCreate":1627859602284,"gmtModify":1635162534710,"authorId":3573025586175142,"author":{"id":3573025586175142,"idStr":"3573025586175142","authorId":3573025586175142,"name":"FlorCheah","avatar":"https://static.tigerbbs.com/8cb91e5f44e414335718e1beffda39e8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805046864,"type":1,"supId":0,"prevId":0,"content":"buy on the <u>dip</u>","text":"buy on the <u>dip</u>","html":"buy on the <u>dip</u>"}],"langContent":"EN"},{"id":805022101,"gmtCreate":1627826127203,"gmtModify":1633756105073,"author":{"id":"3576189748634877","authorId":"3576189748634877","name":"Bobbob","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576189748634877","authorIdStr":"3576189748634877"},"htmlText":"👌🏻","listText":"👌🏻","text":"👌🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805022101","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5395914,"gmtCreate":1627832540768,"gmtModify":1635162631068,"authorId":3584019054184037,"author":{"id":3584019054184037,"idStr":"3584019054184037","authorId":3584019054184037,"name":"CLOUD1127","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805022101,"type":1,"supId":0,"prevId":0,"content":"done","text":"done","html":"done"}],"langContent":"EN"},{"id":805009690,"gmtCreate":1627816592110,"gmtModify":1631891905118,"author":{"id":"3584680402793671","authorId":"3584680402793671","name":"Bull1973","avatar":"https://static.tigerbbs.com/866d29bf88ff7363d121a5ccc6028aae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584680402793671","authorIdStr":"3584680402793671"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805009690","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":802773924,"gmtCreate":1627815102068,"gmtModify":1633756166469,"author":{"id":"3585138959004447","authorId":"3585138959004447","name":"egbloper","avatar":"https://static.tigerbbs.com/2efd47524b47d72e21f64990962a0bd4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3585138959004447","authorIdStr":"3585138959004447"},"htmlText":"Could be cheaper though.","listText":"Could be cheaper though.","text":"Could be cheaper though.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/802773924","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5394763,"gmtCreate":1627816566425,"gmtModify":1635162739669,"authorId":3584680402793671,"author":{"id":3584680402793671,"idStr":"3584680402793671","authorId":3584680402793671,"name":"Bull1973","avatar":"https://static.tigerbbs.com/866d29bf88ff7363d121a5ccc6028aae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":802773924,"type":1,"supId":0,"prevId":0,"content":"Truw","text":"Truw","html":"Truw"},{"id":5394766,"gmtCreate":1627816580998,"gmtModify":1635162739420,"authorId":3584680402793671,"author":{"id":3584680402793671,"idStr":"3584680402793671","authorId":3584680402793671,"name":"Bull1973","avatar":"https://static.tigerbbs.com/866d29bf88ff7363d121a5ccc6028aae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":802773924,"type":1,"supId":5394763,"prevId":0,"content":"True","text":"True","html":"True"},{"id":5394767,"gmtCreate":1627816596264,"gmtModify":1635162739296,"authorId":4087962553382210,"author":{"id":4087962553382210,"idStr":"4087962553382210","authorId":4087962553382210,"name":"DDRuirong","avatar":"https://static.tigerbbs.com/e62b9f0ee7be0f31ba8377413632ae92","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":802773924,"type":1,"supId":5394763,"prevId":0,"content":"Ahh","text":"Ahh","html":"Ahh"},{"id":5395216,"gmtCreate":1627823151044,"gmtModify":1635162696844,"authorId":4088078173939920,"author":{"id":4088078173939920,"idStr":"4088078173939920","authorId":4088078173939920,"name":"Llz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":802773924,"type":1,"supId":0,"prevId":0,"content":"Ohh","text":"Ohh","html":"Ohh"},{"id":5396933,"gmtCreate":1627859631077,"gmtModify":1635162534213,"authorId":3573025586175142,"author":{"id":3573025586175142,"idStr":"3573025586175142","authorId":3573025586175142,"name":"FlorCheah","avatar":"https://static.tigerbbs.com/8cb91e5f44e414335718e1beffda39e8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":802773924,"type":1,"supId":0,"prevId":0,"content":"<u>haha</u>","text":"<u>haha</u>","html":"<u>haha</u>"}],"langContent":"EN"},{"id":802753254,"gmtCreate":1627811944878,"gmtModify":1633756181815,"author":{"id":"3577092916321492","authorId":"3577092916321492","name":"Chengstacy","avatar":"https://static.tigerbbs.com/d46f3f41d17cb95ee8d8a9e817e22983","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577092916321492","authorIdStr":"3577092916321492"},"htmlText":"That’s great","listText":"That’s great","text":"That’s great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802753254","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":802765392,"gmtCreate":1627809889316,"gmtModify":1631889575193,"author":{"id":"4088042662664350","authorId":"4088042662664350","name":"Tansw","avatar":"https://static.tigerbbs.com/7653b5c0e6ba6e4e3522cd184093d038","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4088042662664350","authorIdStr":"4088042662664350"},"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802765392","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":802769988,"gmtCreate":1627808885944,"gmtModify":1633756197595,"author":{"id":"3581562365927542","authorId":"3581562365927542","name":"BBBBBBBBBB","avatar":"https://static.tigerbbs.com/973395458d7e1db24dbd4a689c79e8a2","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581562365927542","authorIdStr":"3581562365927542"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802769988","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":802718035,"gmtCreate":1627806125627,"gmtModify":1633756212733,"author":{"id":"4089383496572850","authorId":"4089383496572850","name":"WanEH","avatar":"https://static.tigerbbs.com/3f13510c4daf7c6eff3a61591fdca817","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089383496572850","authorIdStr":"4089383496572850"},"htmlText":"Haiz","listText":"Haiz","text":"Haiz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802718035","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":802795021,"gmtCreate":1627804020763,"gmtModify":1633756227693,"author":{"id":"3584169319898975","authorId":"3584169319898975","name":"GiGaBOO","avatar":"https://static.tigerbbs.com/05b890e48fc8483d82c1e4b38fafd031","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584169319898975","authorIdStr":"3584169319898975"},"htmlText":"Liked","listText":"Liked","text":"Liked","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802795021","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":802701038,"gmtCreate":1627801520824,"gmtModify":1631892000248,"author":{"id":"3575348507224102","authorId":"3575348507224102","name":"Cheahmanda","avatar":"https://static.tigerbbs.com/85933c7123d4b95f87fbba0cd7951e7f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575348507224102","authorIdStr":"3575348507224102"},"htmlText":"Fuckkng terrene","listText":"Fuckkng terrene","text":"Fuckkng terrene","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802701038","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":802476408,"gmtCreate":1627800781904,"gmtModify":1633756243904,"author":{"id":"3585385530619181","authorId":"3585385530619181","name":"h20_mako","avatar":"https://static.tigerbbs.com/815dd8430435288774e9be0c03637f83","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585385530619181","authorIdStr":"3585385530619181"},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802476408","repostId":1146192957,"repostType":4,"repost":{"id":"1146192957","pubTimestamp":1627783930,"share":"https://www.laohu8.com/m/news/1146192957?lang=&edition=full","pubTime":"2021-08-01 10:12","market":"us","language":"en","title":"Upcoming Earnings Could Bring Back Positive Sentiment for Skillz","url":"https://stock-news.laohu8.com/highlight/detail?id=1146192957","media":"InvestorPlace","summary":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ)","content":"<blockquote>\n <b>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.</b>\n</blockquote>\n<p><b>Skillz</b>(NYSE:<b><u>SKLZ</u></b>) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.</p>\n<p>The latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.</p>\n<p>Negative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.</p>\n<p>Admittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.</p>\n<p><b>SKLZ Stock and Its Upcoming Earnings Release</b></p>\n<p>As Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.</p>\n<p>Will it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. As<i>InvestorPlace’s</i>Mark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.</p>\n<p>Some may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.</p>\n<p>In July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.</p>\n<p>On the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.</p>\n<p><b>Caution May Be Needed Even With Strong Results</b></p>\n<p>Obviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.</p>\n<p>Factors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?</p>\n<p>More mature names in the mobile games space, like<b>Zynga</b>(NASDAQ:<b><u>ZNGA</u></b>), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.</p>\n<p>Putting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.</p>\n<p><b>SKLZ Stock May Be Worth the Risk</b></p>\n<p><i>InvestorPlace’s</i>Luke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.</p>\n<p>Next week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.</p>\n<p>Granted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upcoming Earnings Could Bring Back Positive Sentiment for Skillz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpcoming Earnings Could Bring Back Positive Sentiment for Skillz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-...</p>\n\n<a href=\"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/07/sklz-stock-upcoming-earnings-could-bring-back-positive-sentiment/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146192957","content_text":"Next week's quarterly numbers could put SKLZ stock back on an upwards trajectory.\n\nSkillz(NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again.\nThe latest round of “meme stock madness” has dissipated, and Reddit traders have bailed out of their Skillz shares. Concerns about possible interest rate hikes have also led to bearishness around growth stocks. Both of these factors played a role in knocking SKLZ stock back down to its prior price levels.\nNegative sentiment for Skillz may be on the rise. Yet you still may want to buy it ahead of its next quarterly earnings, which arescheduled to releaseafter the market closes on Aug 3. Just like last quarter, losses could come in higher than expected. But if its sales come in above forecast and management raises 2021 guidance once again, it may be enough to renew investors’ enthusiasm for SKLZ stock.\nAdmittedly, its valuation is still a concern. Like other growth stocks, worries about rising rates could give way to multiple contraction. But if you’re confident in its “story,” buying Skillz stock at today’s price may be a solid “buy the dip” situation.\nSKLZ Stock and Its Upcoming Earnings Release\nAs Skillz is not expected to be profitable until it scales up, earnings-per-share (EPS) is not a focus with next week’s earnings release. Instead, investors should look for revenue numbers and any updates to its 2021 guidance.\nWill it meet (or beat) analyst revenue consensus for the quarter ending June 30, 2021? Average revenue estimates for last quarter currently stand at$88.2 million. AsInvestorPlace’sMark Hake discussed July 22, it beat revenue estimates andupped its full-year guidancelast quarter.\nSome may anticipate this happening again. But based on the performance of SKLZ stock over the past month, that’s not the majority opinion.\nIn July, shares pulled back more than 30%. Yet this lack of enthusiasm could be a positive for investors bullish on SKLZ stock. Possibly oversold at $14 per share, it could bounce back to $20 per share if its latest results exceed expectations.\nOn the other hand, if the company disappoints for the quarter, the stock could get hammered once again. Its valuation is also a risk, so solid results and upgraded guidance may not be enough to keep shares steady, let alone raise them to previous highs.\nCaution May Be Needed Even With Strong Results\nObviously, a revenue miss for this richly-priced stock (shares currently trade for 20.4x estimated 2021 sales) would mean big declines ahead. So would any change to the company’s guidance. But that’s not to say it’s all smooth sailing from here if the company beats on sales and positively revises its 2021 forecast.\nFactors that are not company-specific could have a negative impact on the price of SKLZ stock. The first that comes to mind is a possible hike in interest rates. How far could shares sink if multiple contraction continues for growth stocks?\nMore mature names in the mobile games space, likeZynga(NASDAQ:ZNGA), trade at price-to-sales (P/S) ratios in the mid-single digits. Therefore, Skillz’s valuation could fall to high-single digits and still reflect the company’s higher-than-average growth. The issue is that a contraction like this implies a possible 50% in downside from today’s prices.\nPutting it simply, this stock could see a big move higher if its latest earnings beat expectations, but a multiple contraction could have an outsized effect on it as well.\nSKLZ Stock May Be Worth the Risk\nInvestorPlace’sLuke Lango haslaid out the bull casefor SKLZ stock, and his argument is compelling. The company’s mobile gaming platform stands to gain massively if its tournament-based revenue model replaces traditional advertising-based models.\nNext week’s earnings results could remind investors, who have grown more bearish on Skillz in recent weeks, that high growth remains on the menu. This could mean a rapid move back to $20 or more in the short term.\nGranted, its high valuation remains a risk. Shares could fall 50% and still trade at a premium valuation. But if you believe these concerns are overblown and positive sentiment will return, buying SKLZ stock today may be worth it.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5393787,"gmtCreate":1627801184004,"gmtModify":1635162824684,"authorId":3582008717283503,"author":{"id":3582008717283503,"idStr":"3582008717283503","authorId":3582008717283503,"name":"Dazy","avatar":"https://static.tigerbbs.com/afb15bdfd792779c336ccb3aca893815","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":802476408,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":408,"commentSize":47,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}