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Skechers USA

SKXNYSE
Logo brought to you by Benzinga Data
$63.01
1.452.36%
At Close: -
$62.69
-0.32-0.51%
After Hours: 6:51 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$87.00
Lowest Price Target1
$48.00
Consensus Price Target1
$69.16

Skechers USA (NYSE:SKX) Stock, Analyst Ratings, Price Targets, Forecasts

Skechers USA Inc has a consensus price target of $69.16 based on the ratings of 20 analysts. The high is $87 issued by B of A Securities on June 7, 2024. The low is $48 issued by Raymond James on December 1, 2022. The 3 most-recent analyst ratings were released by TD Cowen, Evercore ISI Group, and Barclays on July 26, 2024, respectively. With an average price target of $76.33 between TD Cowen, Evercore ISI Group, and Barclays, there's an implied 21.76% upside for Skechers USA Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
4
Apr
1
May
1
Jun
4
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.4
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Cowen
Evercore ISI Group
Barclays
Wedbush
Stifel

1calculated from analyst ratings

Analyst Ratings for Skechers USA

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Skechers USA (SKX) stock?

A

The latest price target for Skechers USA (NYSE:SKX) was reported by TD Cowen on July 26, 2024. The analyst firm set a price target for $78.00 expecting SKX to rise to within 12 months (a possible 24.42% upside). 27 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Skechers USA (SKX)?

A

The latest analyst rating for Skechers USA (NYSE:SKX) was provided by TD Cowen, and Skechers USA maintained their buy rating.

Q

When was the last upgrade for Skechers USA (SKX)?

A

The last upgrade for Skechers USA Inc happened on July 23, 2024 when Morgan Stanley raised their price target to $80. Morgan Stanley previously had an equal-weight for Skechers USA Inc.

Q

When was the last downgrade for Skechers USA (SKX)?

A

The last downgrade for Skechers USA Inc happened on January 18, 2023 when Morgan Stanley changed their price target from $54 to $46 for Skechers USA Inc.

Q

When is the next analyst rating going to be posted or updated for Skechers USA (SKX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Skechers USA, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Skechers USA was filed on July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 2025.

Q

Is the Analyst Rating Skechers USA (SKX) correct?

A

While ratings are subjective and will change, the latest Skechers USA (SKX) rating was a maintained with a price target of $76.00 to $78.00. The current price Skechers USA (SKX) is trading at is $62.69, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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