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Skechers U. (SKX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SKX Stock Forecast

Skechers U. (SKX) stock forecast, based on 16 Wall Street analysts, predicts a 12-month average price target of $78.50, with a high of $85.00 and a low of $72.00. This represents a 2.31% increase from the last price of $76.73.

$60 $65 $70 $75 $80 $85 High: $85 Avg: $78.5 Low: $72 Last Closed Price: $76.73

SKX Stock Rating

Skechers U. stock's rating consensus is Buy, based on 16 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 14 Buy (87.50%), 2 Hold (12.50%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 16 0 2 14 Strong Sell Sell Hold Buy Strong Buy

SKX Forecast vs Benchmarks

TypeNameUpside
StockSkechers U.2.31%
SectorConsumer Cyclical Stocks 4.57%
IndustryFootwear & Accessories Stocks 9.53%

Price Target Trends

1M3M12M
# Anlaysts-114
Avg Price Target-$85.00$77.43
Last Closing Price$76.73$76.73$76.73
Upside/Downside-10.78%0.91%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 254103--17
Dec, 244103--17
Nov, 245102--17
Oct, 245112--18
Sep, 245112--18
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Sam PoserWilliams Trading$85.00$72.1817.76%10.78%
Oct 15, 2024Jesalyn WongEvercore ISI$72.00$63.1713.98%-6.16%
Jul 26, 2024Tom NikicWedbush$79.00$63.7124.00%2.96%
Jul 26, 2024Jim DuffyStifel Nicolaus$83.00$63.7130.28%8.17%
Jul 26, 2024Sam PoserWilliams Trading$80.00$65.4922.16%4.26%
Jul 25, 2024Tom NikicWedbush$76.00$64.3318.14%-0.95%
Jul 22, 2024Alex StratonMorgan Stanley$80.00$64.2124.59%4.26%
Jun 12, 2024Krisztina KataiDeutsche Bank$82.00$74.5010.07%6.87%
Jun 12, 2024Andrew BauchWells Fargo$83.00$73.8512.39%8.17%
Jun 07, 2024Jay SoleUBS$88.00$72.8620.78%14.69%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jan 08, 2025Cowen & Co.BuyBuyhold
Oct 15, 2024Evercore ISIOutperformOutperformhold
Jul 26, 2024Evercore ISIOutperformOutperformhold
Jul 26, 2024BarclaysOverweightOverweighthold
Jul 25, 2024WedbushOutperformOutperformhold
Jul 22, 2024Morgan StanleyEqual-WeightOverweightupgrade
Jul 22, 2024Wells FargoBuyBuyhold
Jul 22, 2024Cowen & Co.BuyBuyhold
Jun 12, 2024Wells FargoUnderweightOverweightinitialise
Jun 07, 2024UBSBuyBuyhold

Financial Forecast

EPS Forecast

$0 $1 $2 $3 $4 $5 $6 $7 $8 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$0.94$4.77$2.40$3.49-----
Avg Forecast$0.72$2.51$2.28$3.48$4.25$4.90$5.75$6.45$7.34
High Forecast$0.71$2.47$2.24$3.44$4.23$4.60$4.96$6.30$7.17
Low Forecast$0.73$2.54$2.32$3.56$4.29$5.15$6.33$6.58$7.49
Surprise %30.56%90.04%5.26%0.29%-----

Revenue Forecast

$5B $6B $8B $10B $11B $13B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.60B$6.29B$7.44B$8.00B-----
Avg Forecast$4.59B$6.19B$7.34B$8.07B$8.97B$9.87B$10.78B$11.73B$12.68B
High Forecast$4.53B$6.11B$7.23B$8.04B$8.95B$9.78B$10.78B$11.52B$12.44B
Low Forecast$4.62B$6.23B$7.43B$8.10B$8.98B$9.99B$10.79B$11.92B$12.88B
Surprise %0.24%1.58%1.46%-0.85%-----

Net Income Forecast

$0 $300M $600M $900M $1B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$146.23M$741.50M$373.03M$545.80M-----
Avg Forecast$67.11M$550.00M$665.02M$545.80M$665.01M$734.57M$853.73M$1.01B$1.15B
High Forecast$17.37M$440.00M$532.02M$436.64M$660.31M$719.32M$775.76M$983.86M$1.12B
Low Forecast$116.85M$660.00M$798.02M$654.96M$669.70M$804.87M$988.32M$1.03B$1.17B
Surprise %117.88%34.82%-43.91%------

SKX Forecast FAQ

Is Skechers U. stock a buy?

Skechers U. stock has a consensus rating of Buy, based on 16 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 14 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Skechers U. is a favorable investment for most analysts.

What is Skechers U.'s price target?

Skechers U.'s price target, set by 16 Wall Street analysts, averages $78.5 over the next 12 months. The price target range spans from $72 at the low end to $85 at the high end, suggesting a potential 2.31% change from the previous close price of $76.73.

How does Skechers U. stock forecast compare to the average forecast of its sector, industry, and investment themes?

Skechers U. stock forecast shows a 2.31% upside, underperforming the average forecast for the consumer cyclical stocks sector (4.57%) and underperforming the footwear & accessories stocks industry (9.53%).

What is the breakdown of analyst ratings for Skechers U. over the past three months?

  • January 2025: 23.53% Strong Buy, 58.82% Buy, 17.65% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 23.53% Strong Buy, 58.82% Buy, 17.65% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 29.41% Strong Buy, 58.82% Buy, 11.76% Hold, 0% Sell, 0% Strong Sell.

What is Skechers U.’s EPS forecast?

Skechers U.'s average annual EPS forecast for its fiscal year ending in December is 4.25 for 2024, a 21.78% increase from the reported $3.49 in 2023. The prediction for 2025 is $4.9, $5.75 for 2026, $6.45 for 2027, and $7.34 for 2028.

What is Skechers U.’s revenue forecast?

Skechers U.'s average annual revenue forecast for its fiscal year ending in December is $8.97B for 2024, a 12.17% increase from the reported $8B in 2023. The forecast for 2025 is $9.87B, $10.78B for 2026, $11.73B for 2027, and $12.68B for 2028.

What is Skechers U.’s net income forecast?

For its fiscal year ending in December, Skechers U.'s average annual net income forecast is $665.01M for 2024, reflecting an 21.84% increase from the reported $545.8M in 2023. The projection for 2025 is $734.57M, $853.73M for 2026, $1.01B for 2027, and $1.15B for 2028.