Skechers U.S.A., Inc. (SKX)
NYSE: SKX · Real-Time Price · USD
67.65
+1.36 (2.05%)
At close: Dec 20, 2024, 4:00 PM
67.70
+0.05 (0.07%)
After-hours: Dec 20, 2024, 7:58 PM EST
Skechers U.S.A. Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Skechers U.S.A. stock have an average target of 76.45, with a low estimate of 65 and a high estimate of 84. The average target predicts an increase of 13.01% from the current stock price of 67.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SKX stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 4 | 4 |
| Buy | 8 | 8 | 7 | 7 | 6 | 6 |
| Hold | 0 | 0 | 0 | 0 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 11 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Initiates $65 | Hold | Initiates | $65 | -3.92% | Dec 10, 2024 |
| Needham | Needham | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Nov 22, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $83 → $84 | Strong Buy | Maintains | $83 → $84 | +24.17% | Oct 25, 2024 |
| Barclays | Barclays | Buy Maintains $79 → $80 | Buy | Maintains | $79 → $80 | +18.26% | Oct 25, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $81 → $80 | Strong Buy | Maintains | $81 → $80 | +18.26% | Oct 25, 2024 |
Financial Forecast
Revenue This Year
9.07B
from 8.00B
Increased by 13.31%
Revenue Next Year
9.99B
from 9.07B
Increased by 10.23%
EPS This Year
4.29
from 3.49
Increased by 22.87%
EPS Next Year
4.97
from 4.29
Increased by 15.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 9.4B | 10.6B | 11.7B | |||
| Avg | 9.1B | 10.0B | 10.9B | |||
| Low | 8.8B | 9.6B | 10.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 18.0% | 16.5% | 16.6% | |||
| Avg | 13.3% | 10.2% | 9.4% | |||
| Low | 9.8% | 5.5% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.49 | 5.51 | 6.64 | ||
| Avg | 4.29 | 4.97 | 5.83 | ||
| Low | 4.12 | 4.54 | 4.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.8% | 28.6% | 33.6% | ||
| Avg | 22.9% | 15.9% | 17.3% | ||
| Low | 17.9% | 5.8% | -1.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.