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Home โบ Stocks โบ Skechers USA Inc. (SKX) Stock Forecast & Price Prediction United States | NYSE | Consumer Cyclical | Footwear & Accessories
$62.10
+0.01 (0.02%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 28 Wall Street analysts, SKX has a neutral consensus with a median price target of $63.00 (ranging from $59.00 to $70.00). The overall analyst rating is Buy (7.4/10). Currently trading at $62.10, the median forecast implies a 1.4% upside. This outlook is supported by 6 Buy, 10 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Christopher Nardone at B of A Securities, projecting a 12.7% upside. Conversely, the most conservative target is provided by Abbie Zvejnieks at Piper Sandler, suggesting a 5.0% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for SKX.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 7, 2025 | Morgan Stanley | Alex Straton | Equal-Weight | Downgrade | $63.00 |
May 6, 2025 | UBS | Jay Sole | Neutral | Downgrade | $63.00 |
May 6, 2025 | Barclays | Adrienne Yih | Equal-Weight | Downgrade | $63.00 |
May 6, 2025 | Wells Fargo | Ike Boruchow | Overweight | Maintains | $63.00 |
Apr 30, 2025 | Wells Fargo | Ike Boruchow | Overweight | Maintains | $57.00 |
Apr 25, 2025 | Barclays | Adrienne Yih | Overweight | Maintains | $53.00 |
Apr 25, 2025 | Morgan Stanley | Alex Straton | Overweight | Maintains | $73.00 |
Apr 22, 2025 | Needham | Tom Nikic | Hold | Reiterates | $0.00 |
Apr 17, 2025 | Evercore ISI Group | JESALYN Wong | Outperform | Maintains | $60.00 |
Apr 14, 2025 | UBS | Jay Sole | Buy | Maintains | $64.00 |
Apr 10, 2025 | Stifel | Jim Duffy | Buy | Maintains | $62.00 |
Mar 24, 2025 | B of A Securities | Christopher Nardone | Buy | Maintains | $70.00 |
Feb 10, 2025 | Barclays | Adrienne Yih | Overweight | Maintains | $77.00 |
Feb 7, 2025 | UBS | Jay Sole | Buy | Maintains | $90.00 |
Feb 7, 2025 | Needham | Tom Nikic | Hold | Reiterates | $0.00 |
Feb 7, 2025 | Raymond James | Rick Patel | Outperform | Maintains | $75.00 |
Feb 7, 2025 | Stifel | Jim Duffy | Buy | Maintains | $80.00 |
Jan 29, 2025 | Needham | Tom Nikic | Hold | Reiterates | $0.00 |
Jan 28, 2025 | Evercore ISI Group | JESALYN Wong | Outperform | Maintains | $85.00 |
Jan 8, 2025 | TD Cowen | John Kernan | Buy | Maintains | $93.00 |
The following stocks are similar to Skechers based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Skechers USA Inc. has a market capitalization of $9.29B with a P/E ratio of 14.9x. The company generates $9.13B in trailing twelve-month revenue with a 7.0% profit margin.
Revenue growth is +7.1% quarter-over-quarter, while maintaining an operating margin of +11.0% and return on equity of +14.8%.
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Designs and markets performance and lifestyle footwear.
The company generates revenue through direct-to-consumer sales via retail and online platforms, alongside wholesale operations. Its diverse product range includes footwear for all demographics, complemented by apparel and accessories.
Skechers operates in over 170 countries and is recognized for its innovative designs and effective marketing strategies, positioning it as a key player in the footwear industry.
Consumer Cyclical
Footwear & Accessories
10,100
Mr. Robert Y. Greenberg
United States
1999
GPRO's Q1 loss is narrower than expectations, though revenues decline year over year due to lower accessory sales and higher price promotions.
Skechers (SKX) relies significantly on international revenue, which is crucial for assessing its financial stability, growth prospects, and potential stock price performance.
Skechers' reliance on international revenue impacts financial stability and growth prospects, influencing stock performance based on global market conditions and economic trends.
Skechers has launched its first performance-focused store in Belgium, marking its expansion in the European market.
The opening of a performance-focused Skechers store in Belgium indicates expansion and growth potential in the European market, which can enhance Skechers' revenue and market share, attracting investor interest.
Skechers will be acquired by 3G Capital for $63 per share, a 30% premium over its current valuation, ending its 26-year public market presence.
Skechers' acquisition at a 30% premium signals strong market confidence and potential growth, impacting share valuations and investor sentiments in the retail sector.
Skechers has agreed to be acquired by 3G Capital for $9.4 billion, marking a significant move in the footwear industry.
Skechers' acquisition by 3G Capital signals a potential shift in company strategy and growth opportunities, impacting stock prices and investor sentiment in the footwear sector.
Skechers will become a privately held company following a merger with 3G Capital.
Skechers becoming privately held may lead to strategic changes and operational focus, impacting growth prospects and financial performance, which can affect investor sentiment and stock valuation.
3G Capital has agreed to acquire Skechers and take it private, with the transaction expected to close in the third quarter.
The acquisition by 3G Capital may lead to operational changes at Skechers, impacting its growth potential and profitability, which can affect stock performance and investor sentiment.
Based on our analysis of 28 Wall Street analysts, Skechers USA Inc. (SKX) has a median price target of $63.00. The highest price target is $70.00 and the lowest is $59.00.
According to current analyst ratings, SKX has 6 Buy ratings, 10 Hold ratings, and 0 Sell ratings. The stock is currently trading at $62.10. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict SKX stock could reach $63.00 in the next 12 months. This represents a 1.4% increase from the current price of $62.10. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue through direct-to-consumer sales via retail and online platforms, alongside wholesale operations. Its diverse product range includes footwear for all demographics, complemented by apparel and accessories.
The highest price target for SKX is $70.00 from Christopher Nardone at B of A Securities, which represents a 12.7% increase from the current price of $62.10.
The lowest price target for SKX is $59.00 from Abbie Zvejnieks at Piper Sandler, which represents a -5.0% decrease from the current price of $62.10.
The overall analyst consensus for SKX is neutral. Out of 28 Wall Street analysts, 6 rate it as Buy, 10 as Hold, and 0 as Sell, with a median price target of $63.00.
Stock price projections, including those for Skechers USA Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.