Skechers USA Inc
NYSE:SKX

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Skechers USA Inc
NYSE:SKX
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Price: 61.69 USD 1.11% Market Closed
Market Cap: 9.3B USD
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Wall Street
Price Targets

SKX Price Targets Summary
Skechers USA Inc

Wall Street analysts forecast SKX stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SKX is 83.69 USD with a low forecast of 72.72 USD and a high forecast of 105 USD.

Lowest
Price Target
72.72 USD
18% Upside
Average
Price Target
83.69 USD
36% Upside
Highest
Price Target
105 USD
70% Upside

SKX Last Price Targets
Skechers USA Inc

The latest public price target was made on Oct 15, 2024 by Jesalyn Wong from Evercore ISI , who expects SKX stock to rise by 17% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Jesalyn Wong
Evercore ISI
72 USD
Upside 17%
1 month ago
Oct 15, 2024
Evercore ISI Reiterates Outperform Rating on Skechers USA (SKX)
StreetInsider
Sam Poser
Williams Trading
80 USD
Upside 30%
3 months ago
Jul 26, 2024
Williams Trading on Skechers USA (SKX): 'Far Better Positioned than 2Q24 Results Would Make You Think, Buy SKX'
StreetInsider
Tom Nikic
Wedbush
79 USD
Upside 28%
3 months ago
Jul 26, 2024
Skechers price target raised to $79 from $76 at Wedbush
TheFly
Jim Duffy
Stifel Nicolaus
83 USD
Upside 35%
3 months ago
Jul 26, 2024
Skechers price target raised to $83 from $81 at Stifel
TheFly
Tom Nikic
Wedbush
76 USD
Upside 23%
3 months ago
Jul 25, 2024
Skechers Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
Alex Straton
Morgan Stanley
80 USD
Upside 30%
4 months ago
Jul 22, 2024
Skechers upgraded to Overweight from Equal Weight at Morgan Stanley
TheFly
Krisztina Katai
Deutsche Bank
82 USD
Upside 33%
5 months ago
Jun 12, 2024
Deutsche Bank Resumes Skechers USA (SKX) at Buy
StreetInsider
Andrew Bauch
Wells Fargo
83 USD
Upside 35%
5 months ago
Jun 12, 2024
Wells Fargo Starts Skechers USA (SKX) at Overweight
StreetInsider
Jay Sole
UBS
88 USD
Upside 43%
5 months ago
Jun 7, 2024
UBS Reiterates Buy Rating on Skechers USA (SKX)
StreetInsider
Tom Nikic
Wedbush
68 USD
Upside 10%
7 months ago
Apr 19, 2024
Skechers USA Unlikely To Raise Outlook Due To Eurozone Hurdles, Says Analyst
Benzinga
Jesalyn Wong
Evercore ISI
68 USD
Upside 10%
7 months ago
Apr 17, 2024
Skechers USA (SKX) PT Lowered to $68 at Evercore ISI
StreetInsider
Abbie Zvejnieks
Piper Sandler
69 USD
Upside 12%
7 months ago
Apr 9, 2024
Piper Sandler Reiterates Overweight Rating on Skechers USA (SKX)
StreetInsider
Adrienne Yih
Barclays
71 USD
Upside 15%
7 months ago
Apr 1, 2024
Barclays Starts Skechers USA (SKX) at Overweight, 'Running Its Own Race'
StreetInsider
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Jesalyn Wong
Evercore ISI
Price Target 72 USD
Upside/Downside 17%
View Source
Sam Poser
Williams Trading
Price Target 80 USD
Upside/Downside 30%
View Source
Tom Nikic
Wedbush
Price Target 79 USD
Upside/Downside 28%
View Source
Jim Duffy
Stifel Nicolaus
Price Target 83 USD
Upside/Downside 35%
View Source
Tom Nikic
Wedbush
Price Target 76 USD
Upside/Downside 23%
View Source
Alex Straton
Morgan Stanley
Price Target 80 USD
Upside/Downside 30%
View Source
Krisztina Katai
Deutsche Bank
Price Target 82 USD
Upside/Downside 33%
View Source
Andrew Bauch
Wells Fargo
Price Target 83 USD
Upside/Downside 35%
View Source
Jay Sole
UBS
Price Target 88 USD
Upside/Downside 43%
View Source
Tom Nikic
Wedbush
Price Target 68 USD
Upside/Downside 10%
View Source
Jesalyn Wong
Evercore ISI
Price Target 68 USD
Upside/Downside 10%
View Source
Abbie Zvejnieks
Piper Sandler
Price Target 69 USD
Upside/Downside 12%
View Source
Adrienne Yih
Barclays
Price Target 71 USD
Upside/Downside 15%
View Source
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Revenue
Forecast

Revenue Estimate
Skechers USA Inc

For the last 8 years the compound annual growth rate for Skechers USA Inc's revenue is 12%. The projected CAGR for the next 3 years is 11%.

12%
Past Growth
11%
Estimated Growth
Estimates Accuracy
0%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Skechers USA Inc

For the last 8 years the compound annual growth rate for Skechers USA Inc's operating income is 11%. The projected CAGR for the next 3 years is 19%.

11%
Past Growth
19%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Skechers USA Inc

For the last 8 years the compound annual growth rate for Skechers USA Inc's net income is 11%. The projected CAGR for the next 3 years is 18%.

11%
Past Growth
18%
Estimated Growth
Estimates Accuracy
1%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is SKX's stock price target?
Price Target
83.69 USD

According to Wall Street analysts, the average 1-year price target for SKX is 83.69 USD with a low forecast of 72.72 USD and a high forecast of 105 USD.

What is Skechers USA Inc's Revenue forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for Skechers USA Inc's revenue is 12%. The projected CAGR for the next 3 years is 11%.

What is Skechers USA Inc's Operating Income forecast?
Projected CAGR
19%

For the last 8 years the compound annual growth rate for Skechers USA Inc's operating income is 11%. The projected CAGR for the next 3 years is 19%.

What is Skechers USA Inc's Net Income forecast?
Projected CAGR
18%

For the last 8 years the compound annual growth rate for Skechers USA Inc's net income is 11%. The projected CAGR for the next 3 years is 18%.

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