$63.44
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Skechers USA
SKXNYSE
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Skechers USA (NYSE:SKX) Stock, Analyst Ratings, Price Targets, Forecasts
Skechers USA Inc has a consensus price target of $67.28 based on the ratings of 19 analysts. The high is $87 issued by B of A Securities on June 7, 2024. The low is $48 issued by Raymond James on December 1, 2022. The 3 most-recent analyst ratings were released by Deutsche Bank, Wells Fargo, and B of A Securities on June 13, 2024, June 12, 2024, and June 7, 2024, respectively. With an average price target of $84 between Deutsche Bank, Wells Fargo, and B of A Securities, there's an implied 32.41% upside for Skechers USA Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Deutsche Bank
Wells Fargo
B of A Securities
Stifel
Wedbush
1calculated from analyst ratings
Analyst Ratings for Skechers USA
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 06/13/2024 | Buy Now | 29.26% | Deutsche Bank | Krisztina Katai | → $82 | Reinstates | → Buy | Get Alert |
| 06/12/2024 | Buy Now | 30.83% | Wells Fargo | Andrew Bauch | → $83 | Initiates | → Overweight | Get Alert |
| 06/07/2024 | Buy Now | 37.14% | B of A Securities | Christopher Nardone | $71 → $87 | Upgrade | Neutral → Buy | Get Alert |
| 05/28/2024 | Buy Now | 27.68% | Stifel | Jim Duffy | $74 → $81 | Maintains | Buy | Get Alert |
| 05/17/2024 | Buy Now | 19.8% | Wedbush | Tom Nikic | → $76 | Reiterates | Outperform → Outperform | Get Alert |
| 04/26/2024 | Buy Now | 19.8% | Wedbush | Tom Nikic | $68 → $76 | Maintains | Outperform | Get Alert |
| 04/19/2024 | Buy Now | 7.19% | Wedbush | Tom Nikic | → $68 | Reiterates | Outperform → Outperform | Get Alert |
| 04/17/2024 | Buy Now | 7.19% | Evercore ISI Group | JESALYN Wong | $73 → $68 | Maintains | Outperform | Get Alert |
| 04/01/2024 | Buy Now | 11.92% | Barclays | Adrienne Yih | → $71 | Initiates | → Overweight | Get Alert |
| 03/08/2024 | Buy Now | 5.61% | B of A Securities | Christopher Nardone | → $67 | Initiates | → Neutral | Get Alert |
| 03/06/2024 | Buy Now | 16.65% | TD Cowen | John Kernan | $70 → $74 | Maintains | Buy | Get Alert |
| 02/15/2024 | Buy Now | 15.07% | Evercore ISI Group | JESALYN Wong | → $73 | Initiates | → Outperform | Get Alert |
| 02/05/2024 | Buy Now | 4.04% | Raymond James | Rick Patel | $68 → $66 | Maintains | Outperform | Get Alert |
| 02/02/2024 | Buy Now | 10.34% | Stifel | Jim Duffy | $72 → $70 | Maintains | Buy | Get Alert |
| 02/02/2024 | Buy Now | 7.19% | Wedbush | Seth Basham | $75 → $68 | Maintains | Outperform | Get Alert |
| 01/30/2024 | Buy Now | 7.19% | Raymond James | Rick Patel | $56 → $68 | Maintains | Outperform | Get Alert |
| 01/17/2024 | Buy Now | 18.22% | Wedbush | Tom Nikic | $62 → $75 | Maintains | Outperform | Get Alert |
| 12/14/2023 | Buy Now | 13.49% | Stifel | Jim Duffy | $62 → $72 | Maintains | Buy | Get Alert |
| 11/29/2023 | Buy Now | -2.27% | Wedbush | Tom Nikic | $59 → $62 | Maintains | Outperform | Get Alert |
| 09/18/2023 | Buy Now | -7% | Piper Sandler | Abbie Zvejnieks | $54 → $59 | Upgrade | Neutral → Overweight | Get Alert |
| 08/29/2023 | Buy Now | -22.76% | Morgan Stanley | Alex Straton | $48 → $49 | Maintains | Equal-Weight | Get Alert |
| 08/10/2023 | Buy Now | -7% | Wedbush | Tom Nikic | → $59 | Reiterates | Outperform → Outperform | Get Alert |
| 07/28/2023 | Buy Now | -14.88% | Piper Sandler | Abbie Zvejnieks | $52 → $54 | Maintains | Neutral | Get Alert |
| 07/28/2023 | Buy Now | -7% | Wedbush | Tom Nikic | $58 → $59 | Maintains | Outperform | Get Alert |
| 07/28/2023 | Buy Now | 7.19% | UBS | Jay Sole | $63 → $68 | Maintains | Buy | Get Alert |
| 07/28/2023 | Buy Now | -7% | Raymond James | Rick Patel | $58 → $59 | Maintains | Outperform | Get Alert |
| 04/28/2023 | Buy Now | -8.58% | Wedbush | Tom Nikic | $54 → $58 | Maintains | Outperform | Get Alert |
| 04/28/2023 | Buy Now | -8.58% | Raymond James | Rick Patel | $55 → $58 | Maintains | Outperform | Get Alert |
| 04/28/2023 | Buy Now | -10.15% | Deutsche Bank | Gabriella Carbone | $56 → $57 | Maintains | Buy | Get Alert |
| 04/28/2023 | Buy Now | -24.34% | Morgan Stanley | Alex Straton | $46 → $48 | Maintains | Equal-Weight | Get Alert |
| 03/29/2023 | Buy Now | -5.42% | UBS | Jay Sole | $69 → $60 | Maintains | Buy | Get Alert |
| 02/03/2023 | Buy Now | -2.27% | Cowen & Co. | John Kernan | $65 → $62 | Maintains | Outperform | Get Alert |
| 02/01/2023 | Buy Now | -13.3% | Raymond James | Rick Patel | $48 → $55 | Maintains | Outperform | Get Alert |
| 01/23/2023 | Buy Now | -14.88% | Deutsche Bank | Gabriella Carbone | $43 → $54 | Maintains | Buy | Get Alert |
| 01/23/2023 | Buy Now | 2.46% | Cowen & Co. | John Kernan | $48 → $65 | Upgrade | Market Perform → Outperform | Get Alert |
| 01/18/2023 | Buy Now | -27.49% | Morgan Stanley | Alex Straton | $54 → $46 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 01/06/2023 | Buy Now | -21.19% | Argus Research | John Staszak | → $50 | Upgrade | Hold → Buy | Get Alert |
| 12/29/2022 | Buy Now | -33.8% | Piper Sandler | Abbie Zvejnieks | → $42 | Initiates | → Neutral | Get Alert |
| 12/01/2022 | Buy Now | -24.34% | Raymond James | Rick Paterson | $40 → $48 | Maintains | Outperform | Get Alert |
| 11/01/2022 | Buy Now | — | Argus Research | John Staszak | — | Downgrade | Buy → Hold | Get Alert |
| 10/26/2022 | Buy Now | -14.88% | Morgan Stanley | Alex Straton | $59 → $54 | Maintains | Overweight | Get Alert |
| 10/24/2022 | Buy Now | -21.19% | Deutsche Bank | Gabriella Carbone | $51 → $50 | Maintains | Buy | Get Alert |
| 10/13/2022 | Buy Now | -36.95% | Raymond James | Rick Paterson | → $40 | Initiates | → Outperform | Get Alert |
| 07/27/2022 | Buy Now | -7% | Morgan Stanley | Alex Straton | $62 → $59 | Maintains | Overweight | Get Alert |
| 07/27/2022 | Buy Now | -33.8% | Wedbush | Tom Nikic | $48 → $42 | Maintains | Outperform | Get Alert |
| 07/25/2022 | Buy Now | -19.61% | Deutsche Bank | Gabriella Carbone | $64 → $51 | Maintains | Buy | Get Alert |
| 06/15/2022 | Buy Now | -30.64% | Argus Research | John Staszak | → $44 | Upgrade | Hold → Buy | Get Alert |
| 04/27/2022 | Buy Now | -2.27% | Morgan Stanley | Kimberly Greenberger | $67 → $62 | Maintains | Overweight | Get Alert |
| 04/05/2022 | Buy Now | — | OTR Global | — | — | Upgrade | Mixed → Positive | Get Alert |
| 01/13/2022 | Buy Now | — | OTR Global | — | — | Downgrade | Positive → Mixed | Get Alert |
| 01/04/2022 | Buy Now | -14.88% | Wedbush | Tom Nikic | $47 → $54 | Upgrade | Neutral → Outperform | Get Alert |
| 11/02/2021 | Buy Now | — | Argus Research | John Staszak | — | Downgrade | Buy → Hold | Get Alert |
| 10/05/2021 | Buy Now | -32.22% | Wedbush | Tom Nikic | — | Initiates | → Neutral | Get Alert |
| 07/23/2021 | Buy Now | -0.69% | Morgan Stanley | Kimberly Greenberger | — | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Skechers USA (SKX) stock?
The latest price target for Skechers USA (NYSE:SKX) was reported by Deutsche Bank on June 13, 2024. The analyst firm set a price target for $82.00 expecting SKX to rise to within 12 months (a possible 29.26% upside). 26 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 Deutsche Bank, and Skechers USA their buy rating.
When was the last upgrade for Skechers USA (SKX)?
The last upgrade for Skechers USA Inc happened on June 7, 2024 when B of A Securities raised their price target to $87. B of A Securities 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 June 13, 2024 so you should expect the next rating to be made available sometime around June 13, 2025.
Is the Analyst Rating Skechers USA (SKX) correct?
While ratings are subjective and will change, the latest Skechers USA (SKX) rating was a with a price target of $0.00 to $82.00. The current price Skechers USA (SKX) is trading at is $63.44, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.