Skechers USA Inc has a consensus price target of $59.44, established from looking at the 51 latest analyst ratings. The last 3 analyst ratings were released from Wedbush, Wedbush, and Evercore ISI Group on April 26, 2024, April 19, 2024, and April 17, 2024. With an average price target of $70.67 between Wedbush, Wedbush, and Evercore ISI Group, there's an implied 7.28% upside for Skechers USA Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/26/2024 | SKX | Buy Now | Skechers USA | $65.87 | 15.38% | Wedbush | Tom Nikic | $68 → $76 | Maintains | Outperform | Get Alert |
04/19/2024 | SKX | Buy Now | Skechers USA | $65.87 | 3.23% | Wedbush | Tom Nikic | → $68 | Reiterates | Outperform → Outperform | Get Alert |
04/17/2024 | SKX | Buy Now | Skechers USA | $65.87 | 3.23% | Evercore ISI Group | JESALYN Wong | $73 → $68 | Maintains | Outperform | Get Alert |
04/01/2024 | SKX | Buy Now | Skechers USA | $65.87 | 7.79% | Barclays | Adrienne Yih | → $71 | Initiates | → Overweight | Get Alert |
03/08/2024 | SKX | Buy Now | Skechers USA | $65.87 | 1.72% | B of A Securities | Christopher Nardone | → $67 | Initiates | → Neutral | Get Alert |
03/06/2024 | SKX | Buy Now | Skechers USA | $65.87 | 12.34% | TD Cowen | John Kernan | $70 → $74 | Maintains | Buy | Get Alert |
02/15/2024 | SKX | Buy Now | Skechers USA | $65.87 | 10.82% | Evercore ISI Group | JESALYN Wong | → $73 | Initiates | → Outperform | Get Alert |
02/05/2024 | SKX | Buy Now | Skechers USA | $65.87 | 0.2% | Raymond James | Rick Patel | $68 → $66 | Maintains | Outperform | Get Alert |
02/02/2024 | SKX | Buy Now | Skechers USA | $65.87 | 6.27% | Stifel | Jim Duffy | $72 → $70 | Maintains | Buy | Get Alert |
02/02/2024 | SKX | Buy Now | Skechers USA | $65.87 | 3.23% | Wedbush | Seth Basham | $75 → $68 | Maintains | Outperform | Get Alert |
01/30/2024 | SKX | Buy Now | Skechers USA | $65.87 | 3.23% | Raymond James | Rick Patel | $56 → $68 | Maintains | Outperform | Get Alert |
01/17/2024 | SKX | Buy Now | Skechers USA | $65.87 | 13.86% | Wedbush | Tom Nikic | $62 → $75 | Maintains | Outperform | Get Alert |
12/14/2023 | SKX | Buy Now | Skechers USA | $65.87 | 9.31% | Stifel | Jim Duffy | $62 → $72 | Maintains | Buy | Get Alert |
11/29/2023 | SKX | Buy Now | Skechers USA | $65.87 | -5.88% | Wedbush | Tom Nikic | $59 → $62 | Maintains | Outperform | Get Alert |
09/18/2023 | SKX | Buy Now | Skechers USA | $65.87 | -10.43% | Piper Sandler | Abbie Zvejnieks | $54 → $59 | Upgrade | Neutral → Overweight | Get Alert |
08/29/2023 | SKX | Buy Now | Skechers USA | $65.87 | -25.61% | Morgan Stanley | Alex Straton | $48 → $49 | Maintains | Equal-Weight | Get Alert |
08/10/2023 | SKX | Buy Now | Skechers USA | $65.87 | -10.43% | Wedbush | Tom Nikic | → $59 | Reiterates | Outperform → Outperform | Get Alert |
07/28/2023 | SKX | Buy Now | Skechers USA | $65.87 | -18.02% | Piper Sandler | Abbie Zvejnieks | $52 → $54 | Maintains | Neutral | Get Alert |
07/28/2023 | SKX | Buy Now | Skechers USA | $65.87 | -10.43% | Wedbush | Tom Nikic | $58 → $59 | Maintains | Outperform | Get Alert |
The latest price target for Skechers USA (NYSE: SKX) was reported by Wedbush on April 26, 2024. The analyst firm set a price target for $76.00 expecting SKX to rise to within 12 months (a possible 15.38% upside). 25 analyst firms have reported ratings in the last year.
The latest analyst rating for Skechers USA (NYSE: SKX) was provided by Wedbush, and Skechers USA maintained their outperform rating.
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.
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.
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 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.
While ratings are subjective and will change, the latest Skechers USA (SKX) rating was a maintained with a price target of $68.00 to $76.00. The current price Skechers USA (SKX) is trading at is $65.87, which is out of the analyst’s predicted range.
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