$63.405
4.255[7.19%]
At close: Apr 25
$63.405
0[0.00%]
After Hours: 5:11PM EDT
Skechers USA
(NYSE:SKX)Skechers USA Stock (NYSE:SKX), Analyst Ratings, Price Targets, Predictions
Skechers USA Inc has a consensus price target of $59, established from looking at the 50 latest analyst ratings. The last 3 analyst ratings were released from Wedbush, Evercore ISI Group, and Barclays on April 19, 2024, April 17, 2024, and April 1, 2024. With an average price target of $69 between Wedbush, Evercore ISI Group, and Barclays, there's an implied 8.82% upside for Skechers USA Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wedbush
Evercore ISI Group
Barclays
B of A Securities
TD Cowen
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Skechers USA
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/19/2024 | SKX | Buy Now | Skechers USA | $63.41 | 7.25% | Wedbush | Tom Nikic | → $68 | Reiterates | Outperform → Outperform | Get Alert |
| 04/17/2024 | SKX | Buy Now | Skechers USA | $63.41 | 7.25% | Evercore ISI Group | JESALYN Wong | $73 → $68 | Maintains | Outperform | Get Alert |
| 04/01/2024 | SKX | Buy Now | Skechers USA | $63.41 | 11.98% | Barclays | Adrienne Yih | → $71 | Initiates | → Overweight | Get Alert |
| 03/08/2024 | SKX | Buy Now | Skechers USA | $63.41 | 5.67% | B of A Securities | Christopher Nardone | → $67 | Initiates | → Neutral | Get Alert |
| 03/06/2024 | SKX | Buy Now | Skechers USA | $63.41 | 16.71% | TD Cowen | John Kernan | $70 → $74 | Maintains | Buy | Get Alert |
| 02/15/2024 | SKX | Buy Now | Skechers USA | $63.41 | 15.13% | Evercore ISI Group | JESALYN Wong | → $73 | Initiates | → Outperform | Get Alert |
| 02/05/2024 | SKX | Buy Now | Skechers USA | $63.41 | 4.09% | Raymond James | Rick Patel | $68 → $66 | Maintains | Outperform | Get Alert |
| 02/02/2024 | SKX | Buy Now | Skechers USA | $63.41 | 10.4% | Stifel | Jim Duffy | $72 → $70 | Maintains | Buy | Get Alert |
| 02/02/2024 | SKX | Buy Now | Skechers USA | $63.41 | 7.25% | Wedbush | Seth Basham | $75 → $68 | Maintains | Outperform | Get Alert |
| 01/30/2024 | SKX | Buy Now | Skechers USA | $63.41 | 7.25% | Raymond James | Rick Patel | $56 → $68 | Maintains | Outperform | Get Alert |
| 01/17/2024 | SKX | Buy Now | Skechers USA | $63.41 | 18.29% | Wedbush | Tom Nikic | $62 → $75 | Maintains | Outperform | Get Alert |
| 12/14/2023 | SKX | Buy Now | Skechers USA | $63.41 | 13.56% | Stifel | Jim Duffy | $62 → $72 | Maintains | Buy | Get Alert |
| 11/29/2023 | SKX | Buy Now | Skechers USA | $63.41 | -2.22% | Wedbush | Tom Nikic | $59 → $62 | Maintains | Outperform | Get Alert |
| 09/18/2023 | SKX | Buy Now | Skechers USA | $63.41 | -6.95% | Piper Sandler | Abbie Zvejnieks | $54 → $59 | Upgrade | Neutral → Overweight | Get Alert |
| 08/29/2023 | SKX | Buy Now | Skechers USA | $63.41 | -22.72% | Morgan Stanley | Alex Straton | $48 → $49 | Maintains | Equal-Weight | Get Alert |
| 08/10/2023 | SKX | Buy Now | Skechers USA | $63.41 | -6.95% | Wedbush | Tom Nikic | → $59 | Reiterates | Outperform → Outperform | Get Alert |
| 07/28/2023 | SKX | Buy Now | Skechers USA | $63.41 | -14.83% | Piper Sandler | Abbie Zvejnieks | $52 → $54 | Maintains | Neutral | Get Alert |
| 07/28/2023 | SKX | Buy Now | Skechers USA | $63.41 | -6.95% | Wedbush | Tom Nikic | $58 → $59 | Maintains | Outperform | Get Alert |
| 07/28/2023 | SKX | Buy Now | Skechers USA | $63.41 | 7.25% | UBS | Jay Sole | $63 → $68 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Skechers USA (SKX)?
The latest price target for Skechers USA (NYSE: SKX) was reported by Wedbush on April 19, 2024. The analyst firm set a price target for $68.00 expecting SKX to rise to within 12 months (a possible 7.25% upside). 24 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Skechers USA (SKX)?
The latest analyst rating for Skechers USA (NYSE: SKX) was provided by Wedbush, and Skechers USA reiterated their outperform rating.
When was the last upgrade for Skechers USA (SKX)?
The last upgrade for Skechers USA Inc happened on September 18, 2023 when Piper Sandler raised their price target to $59. Piper Sandler previously had a neutral for Skechers USA Inc.
When was the last downgrade for Skechers USA (SKX)?
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.
When is the next analyst rating going to be posted or updated for Skechers USA (SKX)?
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 April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
Is the Analyst Rating Skechers USA (SKX) correct?
While ratings are subjective and will change, the latest Skechers USA (SKX) rating was a reiterated with a price target of $0.00 to $68.00. The current price Skechers USA (SKX) is trading at is $63.41, which is within the analyst’s predicted range.
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