Skechers USA

SKXNYSE
$74.07
$74.24
0.170.23%
Pre-Market: 7:10 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$87.00
Lowest Price Target1
$48.00
Consensus Price Target1
$63.30

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

Skechers USA Inc has a consensus price target of $63.3, established from looking at the 56 latest analyst ratings. The last 3 analyst ratings were released from Deutsche Bank, Wells Fargo, and B of A Securities on June 13, 2024, June 12, 2024, and June 7, 2024. With an average price target of $84 between Deutsche Bank, Wells Fargo, and B of A Securities, there's an implied 13.15% upside for Skechers USA Inc from these 3 analyst ratings.

Analyst Trends and Forecast
1
Mar
4
Apr
1
May
1
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Deutsche Bank
Wells Fargo
B of A Securities
Stifel
Wedbush

1calculated from analyst ratings

Analyst Ratings for Skechers USA

Buy NowGet Alert
06/13/2024Buy Now10.46%Deutsche Bank
Krisztina Katai
→ $82Reinstates → BuyGet Alert
06/12/2024Buy Now11.8%Wells Fargo
Andrew Bauch
→ $83Initiates → OverweightGet Alert
06/07/2024Buy Now17.19%B of A Securities
Christopher Nardone
$71 → $87UpgradeNeutral → BuyGet Alert
05/28/2024Buy Now9.11%Stifel
Jim Duffy
$74 → $81MaintainsBuyGet Alert
05/17/2024Buy Now2.37%Wedbush
Tom Nikic
→ $76ReiteratesOutperform → OutperformGet Alert
04/26/2024Buy Now2.37%Wedbush
Tom Nikic
$68 → $76MaintainsOutperformGet Alert
04/19/2024Buy Now-8.4%Wedbush
Tom Nikic
→ $68ReiteratesOutperform → OutperformGet Alert
04/17/2024Buy Now-8.4%Evercore ISI Group
JESALYN Wong
$73 → $68MaintainsOutperformGet Alert
04/01/2024Buy Now-4.36%Barclays
Adrienne Yih
→ $71Initiates → OverweightGet Alert
03/08/2024Buy Now-9.75%B of A Securities
Christopher Nardone
→ $67Initiates → NeutralGet Alert
03/06/2024Buy Now-0.32%TD Cowen
John Kernan
$70 → $74MaintainsBuyGet Alert
02/15/2024Buy Now-1.67%Evercore ISI Group
JESALYN Wong
→ $73Initiates → OutperformGet Alert
02/05/2024Buy Now-11.1%Raymond James
Rick Patel
$68 → $66MaintainsOutperformGet Alert
02/02/2024Buy Now-5.71%Stifel
Jim Duffy
$72 → $70MaintainsBuyGet Alert
02/02/2024Buy Now-8.4%Wedbush
Seth Basham
$75 → $68MaintainsOutperformGet Alert
01/30/2024Buy Now-8.4%Raymond James
Rick Patel
$56 → $68MaintainsOutperformGet Alert
01/17/2024Buy Now1.03%Wedbush
Tom Nikic
$62 → $75MaintainsOutperformGet Alert
12/14/2023Buy Now-3.01%Stifel
Jim Duffy
$62 → $72MaintainsBuyGet Alert
11/29/2023Buy Now-16.48%Wedbush
Tom Nikic
$59 → $62MaintainsOutperformGet Alert
09/18/2023Buy Now-20.53%Piper Sandler
Abbie Zvejnieks
$54 → $59UpgradeNeutral → OverweightGet Alert
08/29/2023Buy Now-34%Morgan Stanley
Alex Straton
$48 → $49MaintainsEqual-WeightGet Alert
08/10/2023Buy Now-20.53%Wedbush
Tom Nikic
→ $59ReiteratesOutperform → OutperformGet Alert
07/28/2023Buy Now-27.26%Piper Sandler
Abbie Zvejnieks
$52 → $54MaintainsNeutralGet Alert
07/28/2023Buy Now-20.53%Wedbush
Tom Nikic
$58 → $59MaintainsOutperformGet Alert
07/28/2023Buy Now-8.4%UBS
Jay Sole
$63 → $68MaintainsBuyGet Alert
07/28/2023Buy Now-20.53%Raymond James
Rick Patel
$58 → $59MaintainsOutperformGet Alert
04/28/2023Buy Now-21.87%Wedbush
Tom Nikic
$54 → $58MaintainsOutperformGet Alert
04/28/2023Buy Now-21.87%Raymond James
Rick Patel
$55 → $58MaintainsOutperformGet Alert
04/28/2023Buy Now-23.22%Deutsche Bank
Gabriella Carbone
$56 → $57MaintainsBuyGet Alert
04/28/2023Buy Now-35.34%Morgan Stanley
Alex Straton
$46 → $48MaintainsEqual-WeightGet Alert
03/29/2023Buy Now-19.18%UBS
Jay Sole
$69 → $60MaintainsBuyGet Alert
02/03/2023Buy Now-16.48%Cowen & Co.
John Kernan
$65 → $62MaintainsOutperformGet Alert
02/01/2023Buy Now-25.91%Raymond James
Rick Patel
$48 → $55MaintainsOutperformGet Alert
01/23/2023Buy Now-27.26%Deutsche Bank
Gabriella Carbone
$43 → $54MaintainsBuyGet Alert
01/23/2023Buy Now-12.44%Cowen & Co.
John Kernan
$48 → $65UpgradeMarket Perform → OutperformGet Alert
01/18/2023Buy Now-38.04%Morgan Stanley
Alex Straton
$54 → $46DowngradeOverweight → Equal-WeightGet Alert
01/06/2023Buy Now-32.65%Argus Research
John Staszak
→ $50UpgradeHold → BuyGet Alert
12/29/2022Buy Now-43.42%Piper Sandler
Abbie Zvejnieks
→ $42Initiates → NeutralGet Alert
12/01/2022Buy Now-35.34%Raymond James
Rick Paterson
$40 → $48MaintainsOutperformGet Alert
11/01/2022Buy NowArgus Research
John Staszak
DowngradeBuy → HoldGet Alert
10/26/2022Buy Now-27.26%Morgan Stanley
Alex Straton
$59 → $54MaintainsOverweightGet Alert
10/24/2022Buy Now-32.65%Deutsche Bank
Gabriella Carbone
$51 → $50MaintainsBuyGet Alert
10/13/2022Buy Now-46.12%Raymond James
Rick Paterson
→ $40Initiates → OutperformGet Alert
07/27/2022Buy Now-20.53%Morgan Stanley
Alex Straton
$62 → $59MaintainsOverweightGet Alert
07/27/2022Buy Now-43.42%Wedbush
Tom Nikic
$48 → $42MaintainsOutperformGet Alert
07/25/2022Buy Now-31.3%Deutsche Bank
Gabriella Carbone
$64 → $51MaintainsBuyGet Alert
06/15/2022Buy Now-40.73%Argus Research
John Staszak
→ $44UpgradeHold → BuyGet Alert
04/27/2022Buy Now-16.48%Morgan Stanley
Kimberly Greenberger
$67 → $62MaintainsOverweightGet Alert
04/05/2022Buy NowOTR GlobalUpgradeMixed → PositiveGet Alert
01/13/2022Buy NowOTR GlobalDowngradePositive → MixedGet Alert
01/04/2022Buy Now-27.26%Wedbush
Tom Nikic
$47 → $54UpgradeNeutral → OutperformGet Alert
11/02/2021Buy NowArgus Research
John Staszak
DowngradeBuy → HoldGet Alert
10/05/2021Buy Now-42.08%Wedbush
Tom Nikic
Initiates → NeutralGet Alert
07/23/2021Buy Now-15.14%Morgan Stanley
Kimberly Greenberger
MaintainsOverweightGet Alert
07/20/2021Buy Now-25.91%Monness, Crespi, Hardt
Jim Chartier
UpgradeNeutral → BuyGet Alert
07/16/2021Buy Now-21.87%Morgan Stanley
Kimberly Greenberger
MaintainsOverweightGet Alert

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 Deutsche Bank on June 13, 2024. The analyst firm set a price target for $82.00 expecting SKX to rise to within 12 months (a possible 10.46% upside). 26 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 Deutsche Bank, and Skechers USA their buy rating.

Q

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

A

The last upgrade for Skechers USA Inc happened on June 7, 2024 when B of A Securities raised their price target to $87. B of A Securities previously had a neutral 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 June 13, 2024 so you should expect the next rating to be made available sometime around June 13, 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 with a price target of $0.00 to $82.00. The current price Skechers USA (SKX) is trading at is $74.24, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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