Skechers U.S.A. - SKX Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Moderate Buy
Consensus Price Target: $66.17
Forecasted Upside: 12.49%
Number of Analysts: 12
Breakdown:
0 Sell Ratings
2 Hold Ratings
10 Buy Ratings
0 Strong Buy Ratings

^$58.82 As of 04/25/2024 01:00 AM ET

▼ -0.33 (-0.56%)

1 month | 3 months | 12 months

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Analyst Price Target for SKX

^$66.17

▲ +12.49% Upside Potential

This price target is based on 12 analysts offering 12 month price targets for Skechers U.S.A. in the last 3 months. The average price target is $66.17, with a high forecast of $74.00 and a low forecast of $49.00. The average price target represents a 12.49% upside from the last price of $58.82.

Current Consensus is Moderate Buy

The current consensus among 12 contributing investment analysts is to moderate buy stock in Skechers U.S.A.. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

11/2/2022

0 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

1/31/2023

0 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

5/1/2023

0 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

7/30/2023

0 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

10/28/2023

0 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

1/26/2024

0 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

3/26/2024

0 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

4/25/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/19/2024	Wedbush	Reiterated Rating	Outperform ➝ Outperform	$68.00	Low
4/17/2024	Evercore ISI	Lower Target	Outperform ➝ Outperform	$73.00 ➝ $68.00	N/A
4/1/2024	Barclays	Initiated Coverage	Overweight	$71.00	Low
3/8/2024	Bank of America	Initiated Coverage	Neutral	$67.00	Low
3/6/2024	TD Cowen	Boost Target	Buy ➝ Buy	$70.00 ➝ $74.00	Low
2/15/2024	Evercore ISI	Initiated Coverage	Outperform	$73.00	Low
2/5/2024	Raymond James	Lower Target	Outperform ➝ Outperform	$68.00 ➝ $66.00	Low
2/2/2024	Stifel Nicolaus	Lower Target	Buy ➝ Buy	$72.00 ➝ $70.00	Low
2/2/2024	Wedbush	Lower Target	Outperform ➝ Outperform	$75.00 ➝ $68.00	Low
1/30/2024	Raymond James	Boost Target	Outperform ➝ Outperform	$56.00 ➝ $68.00	Low
1/18/2024	Monness Crespi & Hardt	Boost Target	Buy	$60.00 ➝ $72.00	Low
1/17/2024	Wedbush	Boost Target	Outperform ➝ Outperform	$62.00 ➝ $75.00	Low
12/14/2023	Stifel Nicolaus	Boost Target	Buy ➝ Buy	$62.00 ➝ $72.00	Low
11/29/2023	Wedbush	Boost Target	Outperform ➝ Outperform	$59.00 ➝ $62.00	Low
9/18/2023	Piper Sandler	Upgrade	Neutral ➝ Overweight	$54.00 ➝ $59.00	Low
8/29/2023	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$48.00 ➝ $49.00	Low
8/10/2023	Wedbush	Reiterated Rating	Outperform ➝ Outperform	$59.00	Low
7/28/2023	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$57.00 ➝ $62.00	Low
7/28/2023	TD Cowen	Boost Target	Outperform	$65.00 ➝ $67.00	Low
7/28/2023	Stifel Nicolaus	Boost Target	Buy	$59.00 ➝ $62.00	Low
7/28/2023	Raymond James	Boost Target	Outperform	$58.00 ➝ $59.00	Low
7/28/2023	Wedbush	Boost Target	Outperform	$58.00 ➝ $59.00	Low
7/28/2023	Piper Sandler	Boost Target	Neutral	$52.00 ➝ $54.00	Low
7/28/2023	UBS Group	Boost Target	Buy	$63.00 ➝ $68.00	Low
4/28/2023	Stifel Nicolaus	Boost Target		$54.00 ➝ $59.00	Low
4/28/2023	Deutsche Bank Aktiengesellschaft	Boost Target		$56.00 ➝ $57.00	Low
4/28/2023	Raymond James	Boost Target		$48.00 ➝ $58.00	Low
4/28/2023	Wedbush	Boost Target		$54.00 ➝ $58.00	Low
4/28/2023	Piper Sandler	Boost Target		$47.00 ➝ $52.00	Low
4/28/2023	Morgan Stanley	Boost Target		$46.00 ➝ $48.00	Low
3/29/2023	UBS Group	Lower Target	Buy	$69.00 ➝ $60.00	Low
2/3/2023	UBS Group	Boost Target		$63.00 ➝ $69.00	Low
2/3/2023	Cowen	Lower Target	Outperform	$65.00 ➝ $62.00	Low
2/1/2023	Raymond James	Boost Target	Outperform	$48.00 ➝ $55.00	Low
1/23/2023	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$43.00 ➝ $54.00	Low
1/23/2023	Cowen	Upgrade	Market Perform ➝ Outperform	$48.00 ➝ $65.00	Low
1/23/2023	Cowen	Upgrade	Market Perform ➝ Outperform	$48.00 ➝ $65.00	Low
1/20/2023	UBS Group	Boost Target		$53.00 ➝ $63.00	Low
1/18/2023	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$54.00 ➝ $46.00	Low
1/6/2023	Argus	Upgrade	Hold ➝ Buy	$50.00	Low
12/28/2022	Piper Sandler	Initiated Coverage	Neutral	$42.00	Low
12/6/2022	Cowen	Boost Target		$31.00 ➝ $48.00	Low
12/6/2022	Cowen	Boost Target		$31.00 ➝ $48.00	Low
12/2/2022	Monness Crespi & Hardt	Boost Target		$50.00	Low
12/1/2022	Raymond James	Boost Target		$40.00 ➝ $48.00	Low
11/1/2022	Argus	Downgrade	Buy ➝ Hold		Low
10/27/2022	Cowen	Lower Target		$33.00	Low
10/26/2022	Morgan Stanley	Lower Target	Overweight	$59.00 ➝ $54.00	Low
10/26/2022	Wedbush	Lower Target		$42.00 ➝ $37.00	Low
10/24/2022	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$51.00 ➝ $50.00	Low
10/12/2022	Raymond James	Initiated Coverage	Outperform	$40.00	Low
7/27/2022	Monness Crespi & Hardt	Lower Target	Outperform	$50.00	Low
7/27/2022	Morgan Stanley	Lower Target	Overweight	$62.00 ➝ $59.00	Low
7/27/2022	Wedbush	Lower Target	Outperform	$48.00 ➝ $42.00	Low
7/25/2022	Cowen	Lower Target	Outperform	$39.00	Low
7/20/2022	Stifel Nicolaus	Lower Target		$61.00 ➝ $45.00	Low
7/15/2022	UBS Group	Lower Target		$67.00 ➝ $56.00	Low
6/15/2022	Argus	Upgrade	Hold ➝ Buy	$44.00	Low
5/17/2022	Berenberg Bank	Reiterated Rating	Buy	$71.00	Medium
4/25/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$62.00 ➝ $61.00	Low
4/22/2022	Berenberg Bank	Reiterated Rating	Buy	$77.00	Medium
4/5/2022	OTR Global	Upgrade	Mixed ➝ Positive		Medium
1/13/2022	OTR Global	Downgrade	Positive ➝ Mixed		Medium
1/4/2022	Wedbush	Upgrade	Neutral ➝ Outperform	$47.00 ➝ $54.00	Medium
11/2/2021	Argus	Downgrade	Buy ➝ Hold	$45.00	High
10/19/2021	Rowe	Upgrade	Buy		Medium
10/19/2021	Williams Capital	Upgrade	Hold ➝ Buy		Low
10/18/2021	Deutsche Bank Aktiengesellschaft	Lower Target	Positive ➝ Buy	$64.00 ➝ $58.00	Medium
10/4/2021	Wedbush	Initiated Coverage	Neutral	$43.00	Low
7/23/2021	Morgan Stanley	Boost Target	Overweight	$58.00 ➝ $63.00	Low
7/23/2021	B. Riley	Reiterated Rating	Buy	$51.00 ➝ $61.00	Low
7/23/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Positive ➝ Buy	$62.00 ➝ $64.00	Medium
7/21/2021	Cowen	Boost Target	Positive ➝ Market Perform	$50.00 ➝ $55.00	High
7/20/2021	Monness Crespi & Hardt	Upgrade	Neutral ➝ Buy	$55.00	High
7/16/2021	Morgan Stanley	Boost Target	Overweight	$56.00 ➝ $58.00	High
7/15/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$59.00 ➝ $62.00	Medium
4/26/2021	Monness Crespi & Hardt	Reiterated Rating	Buy ➝ Neutral		N/A
4/23/2021	UBS Group	Boost Target	Buy	$52.00 ➝ $57.00	High
4/23/2021	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$44.00 ➝ $56.00	High
4/20/2021	Morgan Stanley	Boost Target	Equal Weight	$41.00 ➝ $44.00	Medium
4/20/2021	B. Riley	Boost Target	Buy	$44.00 ➝ $49.00	Medium
4/19/2021	Monness Crespi & Hardt	Downgrade	Buy ➝ Neutral		Low
4/19/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$41.00 ➝ $49.00	Low
1/26/2021	Morgan Stanley	Boost Target	Equal Weight	$39.00 ➝ $41.00	Low
1/15/2021	B. Riley	Boost Target	Buy	$39.00 ➝ $44.00	Medium
12/10/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$38.00 ➝ $43.00	Low
11/3/2020	Susquehanna Bancshares	Downgrade	Positive ➝ Neutral	$41.00 ➝ $35.00	High
10/30/2020	Morgan Stanley	Boost Target	Equal Weight	$33.00 ➝ $39.00	High
10/27/2020	Berenberg Bank	Initiated Coverage	Buy	$52.00	High
10/14/2020	Morgan Stanley	Boost Target	Equal Weight	$25.00 ➝ $33.00	Medium
10/1/2020	OTR Global	Upgrade	Positive		Medium
7/24/2020	B. Riley	Boost Target		$37.00 ➝ $39.00	Low
7/24/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$34.00 ➝ $39.00	High
7/20/2020	Monness Crespi & Hardt	Reiterated Rating	Buy	$40.00	High
7/14/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Positive ➝ Buy	$30.00 ➝ $34.00	Medium
7/10/2020	Susquehanna Bancshares	Boost Target		$32.00 ➝ $39.00	High
7/7/2020	Wedbush	Boost Target	Outperform	$28.00 ➝ $34.00	High
5/14/2020	Wells Fargo & Company	Reiterated Rating	Buy		Low
5/5/2020	Susquehanna Bancshares	Reiterated Rating	Buy	$32.00	Medium
4/24/2020	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$28.00	High
4/24/2020	Morgan Stanley	Boost Target	Equal Weight	$24.00 ➝ $25.00	High
4/23/2020	Susquehanna Bancshares	Reiterated Rating	Buy	$32.00	High
4/15/2020	UBS Group	Lower Target	Buy	$50.00 ➝ $32.00	Low
4/13/2020	Monness Crespi & Hardt	Lower Target	Buy	$50.00 ➝ $40.00	High
4/6/2020	Susquehanna Bancshares	Lower Target	Positive	$51.00 ➝ $32.00	Medium
3/30/2020	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight	$31.00 ➝ $33.00	Low
3/19/2020	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$51.00 ➝ $28.00	Medium
3/16/2020	Wells Fargo & Company	Lower Target	Equal Weight	$43.00 ➝ $31.00	High
3/10/2020	B. Riley	Lower Target	Buy	$44.00 ➝ $43.00	High
2/7/2020	Evercore ISI	Initiated Coverage	Buy	$52.00	High
2/7/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$49.00 ➝ $51.00	High
2/7/2020	Wells Fargo & Company	Boost Target	Equal Weight	$40.00 ➝ $43.00	High
2/6/2020	Susquehanna Bancshares	Reiterated Rating	Buy	$51.00	High
2/4/2020	Morgan Stanley	Lower Target	Equal Weight	$38.00 ➝ $37.00	Low
1/29/2020	Susquehanna Bancshares	Reiterated Rating	Buy	$49.00	Low
1/28/2020	UBS Group	Lower Target	Buy	$49.00 ➝ $47.00	Low
12/23/2019	Monness Crespi & Hardt	Boost Target	Buy	$42.00 ➝ $50.00	Medium
12/17/2019	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy	$49.00	High
12/13/2019	Argus	Upgrade	Hold ➝ Buy	$50.00	Medium
10/23/2019	Morgan Stanley	Boost Target	Equal Weight	$34.00 ➝ $35.00	Medium
9/23/2019	Wedbush	Set Target	Buy	$46.00	Low
7/19/2019	Wells Fargo & Company	Set Target	Hold	$40.00	N/A
7/19/2019	Susquehanna Bancshares	Boost Target	Positive	$37.00 ➝ $42.00	Low
7/19/2019	Stifel Nicolaus	Boost Target	Buy	$35.00 ➝ $44.00	Low
7/19/2019	Morgan Stanley	Boost Target	Equal Weight	$29.00 ➝ $34.00	High
7/19/2019	Wedbush	Upgrade	Neutral ➝ Outperform	$31.00 ➝ $46.00	High
7/19/2019	Monness Crespi & Hardt	Reiterated Rating	Buy ➝ Buy	$35.00 ➝ $42.00	High
7/19/2019	UBS Group	Boost Target	Buy	$50.00	High
7/11/2019	OTR Global	Upgrade	Mixed ➝ Positive		Medium
4/26/2019	B. Riley	Reiterated Rating	Buy		Low

(Data available from 4/26/2019 forward)

News Sentiment Rating

0.63 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

22 very positive mentions
13 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

9/28/2023

19 very positive mentions
18 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

10/28/2023

10 very positive mentions
5 positive mentions
1 negative mentions
2 very negative mentions

Mentions as of

11/27/2023

20 very positive mentions
7 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

12/27/2023

15 very positive mentions
10 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

1/26/2024

29 very positive mentions
27 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

2/25/2024

21 very positive mentions
14 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

3/26/2024

14 very positive mentions
20 positive mentions
4 negative mentions
0 very negative mentions

Mentions as of

4/25/2024

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children worldwide. The company operates through Wholesale and Direct-to-Consumer segments. It offers footwear under Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands. In addition, the company provides men's and women's slip-resistant and safety-toe casuals, and boots for protective footwear in their work environments. It sells its products through department stores, family shoe stores, specialty running and sporting goods retailers, and big box club stores; franchisee and licensee third-party store operators; company-owned retail stores; digital commerce sites and mobile applications; and concept, factory outlet, and big box stores. The company licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.

Today's Range

Now: $58.82

$57.88

$59.17

50 Day Range

MA: $59.61

$56.17

$62.33

52 Week Range

Now: $58.82

$45.58

$65.17

Volume

2,541,824 shs

Average Volume

1,596,727 shs

Market Capitalization

$9.02 billion

P/E Ratio

16.85

Dividend Yield

N/A

Beta

1.32

Frequently Asked Questions

What sell-side analysts currently cover shares of Skechers U.S.A.?: The following Wall Street analysts have issued stock ratings on Skechers U.S.A. in the last year: Bank of America Co., Barclays PLC, Deutsche Bank Aktiengesellschaft, Evercore ISI, Monness Crespi & Hardt, Morgan Stanley, Piper Sandler, Raymond James, Stifel Nicolaus, StockNews.com, TD Cowen, UBS Group AG, and Wedbush.
View the latest analyst ratings for SKX.
What is the current price target for Skechers U.S.A.?: 12 Wall Street analysts have set twelve-month price targets for Skechers U.S.A. in the last year. Their average twelve-month price target is $66.17, suggesting a possible upside of 12.5%. TD Cowen has the highest price target set, predicting SKX will reach $74.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $49.00 for Skechers U.S.A. in the next year.
View the latest price targets for SKX.
What is the current consensus analyst rating for Skechers U.S.A.?: Skechers U.S.A. currently has 2 hold ratings and 10 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for SKX.
What other companies compete with Skechers U.S.A.?: Other companies that are similar to Skechers U.S.A. include Steven Madden, Birkenstock, Churchill Downs, Toro and Roku. Learn More about companies similar to Skechers U.S.A..
How do I contact Skechers U.S.A.'s investor relations team?: Skechers U.S.A.'s physical mailing address is 228 Manhattan Beach Boulevard, Manhattan Beach CA, 90266. The textile maker's listed phone number is (310) 318-3100 and its investor relations email address is [email protected]. The official website for Skechers U.S.A. is www.skechers.com. Learn More about contacing Skechers U.S.A. investor relations.

Skechers U.S.A. - SKX Stock Price Target and Predictions

Analyst Price Target for SKX

Current Consensus is Moderate Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.63 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Skechers U.S.A.?

What is the current price target for Skechers U.S.A.?

What is the current consensus analyst rating for Skechers U.S.A.?

What other companies compete with Skechers U.S.A.?

How do I contact Skechers U.S.A.'s investor relations team?