Skechers U. (SKX) Stock Forecast, Price Target & Predictions
SKX Stock Forecast
Skechers U. stock forecast is as follows: an average price target of $71.77 (represents a 8.61% upside from SKX’s last price of $66.08) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.
SKX Price Target
SKX Analyst Ratings
Skechers U. Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 26, 2024 | Tom Nikic | Wedbush | $79.00 | $63.71 | 24.00% | 19.55% |
Jul 26, 2024 | Jim Duffy | Stifel Nicolaus | $83.00 | $63.71 | 30.28% | 25.61% |
Jul 26, 2024 | Sam Poser | Williams Trading | $80.00 | $65.49 | 22.16% | 21.07% |
Jul 25, 2024 | Tom Nikic | Wedbush | $76.00 | $64.33 | 18.14% | 15.01% |
Jul 22, 2024 | Alex Straton | Morgan Stanley | $80.00 | $64.21 | 24.59% | 21.07% |
Jun 12, 2024 | Krisztina Katai | Deutsche Bank | $82.00 | $74.50 | 10.07% | 24.09% |
Jun 12, 2024 | Andrew Bauch | Wells Fargo | $83.00 | $73.85 | 12.39% | 25.61% |
Jun 07, 2024 | Jay Sole | UBS | $88.00 | $72.86 | 20.79% | 33.17% |
Apr 19, 2024 | Tom Nikic | Wedbush | $68.00 | $56.55 | 20.25% | 2.91% |
Apr 17, 2024 | Jesalyn Wong | Evercore ISI | $68.00 | $57.39 | 18.49% | 2.91% |
Skechers U. Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 7 | 12 |
Avg Price Target | - | $80.43 | $77.25 |
Last Closing Price | $66.08 | $66.08 | $66.08 |
Upside/Downside | -100.00% | 21.72% | 16.90% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jul 26, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Jul 26, 2024 | Barclays | Overweight | Overweight | Hold |
Jul 25, 2024 | Wedbush | Outperform | Outperform | Hold |
Jul 22, 2024 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
Jul 22, 2024 | Wells Fargo | Buy | Buy | Hold |
Jul 22, 2024 | Cowen & Co. | Buy | Buy | Hold |
Jun 12, 2024 | Wells Fargo | Underweight | Overweight | Initialise |
Jun 07, 2024 | UBS | Buy | Buy | Hold |
Jun 07, 2024 | Wedbush | Buy | Buy | Hold |
Jun 07, 2024 | Evercore ISI | Underperform | Underperform | Hold |
Skechers U. Financial Forecast
Skechers U. Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | $2.02B | $2.01B | $2.00B | $1.88B | $1.88B | $1.87B | $1.82B | $1.65B | $1.55B | $1.66B | $1.43B | $1.32B | $1.30B | $729.47M | $1.24B | $1.33B | $1.35B | $1.26B | $1.28B | $1.25B | $1.07B |
Avg Forecast | $2.45B | $2.53B | $2.40B | $2.49B | $2.21B | $2.32B | $2.24B | $2.20B | $2.03B | $2.02B | $1.92B | $1.86B | $1.77B | $1.79B | $1.80B | $1.70B | $1.55B | $1.62B | $1.49B | $1.35B | $1.31B | $1.20B | $653.28M | $1.22B | $1.25B | $1.34B | $1.22B | $1.30B | $1.23B | $965.52M |
High Forecast | $2.48B | $2.55B | $2.42B | $2.52B | $2.23B | $2.34B | $2.26B | $2.22B | $2.06B | $2.08B | $1.94B | $1.88B | $1.79B | $1.81B | $1.82B | $1.71B | $1.56B | $1.64B | $1.51B | $1.36B | $1.32B | $1.21B | $659.33M | $1.23B | $1.26B | $1.36B | $1.23B | $1.31B | $1.48B | $1.16B |
Low Forecast | $2.41B | $2.48B | $2.35B | $2.45B | $2.17B | $2.30B | $2.20B | $2.16B | $2.00B | $1.99B | $1.89B | $1.83B | $1.74B | $1.76B | $1.78B | $1.67B | $1.53B | $1.60B | $1.47B | $1.33B | $1.29B | $1.18B | $644.79M | $1.20B | $1.23B | $1.33B | $1.20B | $1.28B | $986.75M | $772.42M |
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 16 | 8 | 10 | 16 | 18 | 10 |
Surprise % | - | - | - | - | - | - | - | - | - | 1.00% | 1.05% | 1.08% | 1.06% | 1.05% | 1.04% | 1.07% | 1.06% | 0.96% | 1.11% | 1.06% | 1.01% | 1.08% | 1.12% | 1.02% | 1.07% | 1.01% | 1.03% | 0.98% | 1.01% | 1.11% |
Skechers U. EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 16 | 8 | 10 | 16 | 18 | 10 |
EBITDA | - | - | - | - | - | - | - | - | - | $213.18M | $217.73M | $223.58M | $86.64M | $129.97M | $154.16M | $175.90M | $103.44M | $161.99M | $215.97M | $164.68M | $85.64M | $117.89M | $-35.40M | $98.09M | $106.10M | $156.17M | $122.89M | $169.18M | $157.53M | $131.77M |
Avg Forecast | $209.54M | $215.80M | $204.53M | $212.67M | $188.94M | $197.85M | $190.91M | $215.88M | $173.35M | $172.33M | $164.01M | $196.26M | $151.23M | $195.28M | $153.68M | $178.42M | $132.40M | $138.55M | $127.56M | $103.82M | $111.76M | $102.42M | $55.78M | $113.18M | $106.50M | $114.83M | $104.11M | $171.53M | $155.40M | $117.13M |
High Forecast | $211.62M | $217.94M | $206.55M | $214.78M | $190.81M | $199.56M | $192.80M | $259.06M | $175.93M | $177.78M | $165.63M | $235.51M | $152.72M | $234.34M | $155.10M | $214.10M | $133.63M | $139.83M | $128.75M | $124.58M | $112.80M | $103.37M | $56.30M | $135.81M | $107.49M | $115.89M | $105.08M | $205.84M | $186.48M | $140.56M |
Low Forecast | $205.90M | $212.05M | $200.97M | $208.97M | $185.66M | $196.15M | $187.58M | $172.71M | $170.78M | $169.70M | $161.16M | $157.01M | $148.59M | $156.22M | $151.68M | $142.73M | $130.68M | $136.75M | $125.91M | $83.06M | $110.31M | $101.09M | $55.06M | $90.54M | $105.12M | $113.33M | $102.76M | $137.22M | $124.32M | $93.70M |
Surprise % | - | - | - | - | - | - | - | - | - | 1.24% | 1.33% | 1.14% | 0.57% | 0.67% | 1.00% | 0.99% | 0.78% | 1.17% | 1.69% | 1.59% | 0.77% | 1.15% | -0.63% | 0.87% | 1.00% | 1.36% | 1.18% | 0.99% | 1.01% | 1.13% |
Skechers U. Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 16 | 8 | 10 | 16 | 18 | 10 |
Net Income | - | - | - | - | - | - | - | - | - | $145.41M | $152.76M | $160.44M | $75.52M | $85.89M | $90.40M | $121.22M | $422.60M | $103.14M | $137.37M | $98.57M | $53.28M | $64.28M | $-68.10M | $49.10M | $59.53M | $103.09M | $75.18M | $108.76M | $117.65M | $94.00M |
Avg Forecast | $143.93M | $208.34M | $176.23M | $246.85M | $117.78M | $180.11M | $146.49M | $136.49M | $84.61M | $126.59M | $82.68M | $124.09M | $56.42M | $124.33M | $84.43M | $112.80M | $51.13M | $109.78M | $79.51M | $62.14M | $45.99M | $56.18M | $-103.95M | $56.65M | $60.24M | $107.59M | $51.98M | $110.27M | $116.06M | $83.55M |
High Forecast | $145.79M | $211.02M | $178.49M | $250.02M | $119.29M | $189.50M | $148.37M | $163.79M | $97.63M | $139.41M | $83.74M | $148.90M | $57.14M | $149.20M | $85.44M | $135.37M | $51.75M | $111.10M | $80.47M | $74.57M | $46.54M | $56.86M | $-102.19M | $67.99M | $60.96M | $108.88M | $52.60M | $132.32M | $139.27M | $100.26M |
Low Forecast | $140.68M | $203.63M | $172.24M | $241.26M | $115.11M | $175.41M | $143.18M | $109.19M | $78.10M | $120.18M | $80.81M | $99.27M | $55.14M | $99.47M | $83.00M | $90.24M | $50.27M | $107.92M | $78.17M | $49.72M | $45.21M | $55.23M | $-105.20M | $45.32M | $59.22M | $105.77M | $51.10M | $88.21M | $92.85M | $66.84M |
Surprise % | - | - | - | - | - | - | - | - | - | 1.15% | 1.85% | 1.29% | 1.34% | 0.69% | 1.07% | 1.07% | 8.26% | 0.94% | 1.73% | 1.59% | 1.16% | 1.14% | 0.66% | 0.87% | 0.99% | 0.96% | 1.45% | 0.99% | 1.01% | 1.13% |
Skechers U. SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 16 | 8 | 10 | 16 | 18 | 10 |
SG&A | - | - | - | - | - | - | - | - | - | $858.74M | $842.79M | $755.00M | $823.04M | $753.96M | $743.42M | $648.26M | $715.10M | $630.72M | $652.38M | $527.99M | $595.66M | $536.21M | $432.13M | $508.11M | $548.33M | $511.93M | $505.10M | $429.85M | $439.83M | $356.31M |
Avg Forecast | $995.53M | $1.03B | $971.68M | $1.01B | $897.66M | $939.99M | $906.98M | $729.92M | $823.59M | $818.71M | $779.21M | $663.57M | $718.46M | $760.32M | $730.10M | $603.24M | $629.04M | $658.23M | $606.05M | $332.86M | $530.98M | $486.60M | $265.02M | $586.28M | $505.99M | $545.53M | $494.64M | $435.82M | $433.88M | $316.72M |
High Forecast | $1.01B | $1.04B | $981.30M | $1.02B | $906.54M | $948.09M | $915.96M | $875.91M | $835.83M | $844.60M | $786.92M | $796.28M | $725.57M | $912.38M | $736.86M | $723.89M | $634.86M | $664.32M | $611.66M | $399.44M | $535.90M | $491.11M | $267.47M | $703.53M | $510.67M | $550.58M | $499.22M | $522.98M | $520.66M | $380.06M |
Low Forecast | $978.21M | $1.01B | $954.77M | $992.82M | $882.04M | $931.88M | $891.20M | $583.94M | $811.36M | $806.21M | $765.65M | $530.85M | $705.96M | $608.25M | $720.61M | $482.59M | $620.85M | $649.67M | $598.17M | $266.29M | $524.08M | $480.27M | $261.57M | $469.02M | $499.41M | $538.44M | $488.20M | $348.65M | $347.11M | $253.37M |
Surprise % | - | - | - | - | - | - | - | - | - | 1.05% | 1.08% | 1.14% | 1.15% | 0.99% | 1.02% | 1.07% | 1.14% | 0.96% | 1.08% | 1.59% | 1.12% | 1.10% | 1.63% | 0.87% | 1.08% | 0.94% | 1.02% | 0.99% | 1.01% | 1.13% |
Skechers U. EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 16 | 8 | 10 | 16 | 18 | 10 |
EPS | - | - | - | - | - | - | - | - | - | $0.94 | $0.99 | $1.03 | $0.49 | $0.55 | $0.58 | $0.78 | $2.71 | $0.66 | $0.88 | $0.64 | $0.34 | $0.42 | $-0.44 | $0.32 | $0.39 | $0.67 | $0.49 | $0.71 | $0.75 | $0.61 |
Avg Forecast | $0.93 | $1.35 | $1.14 | $1.60 | $0.76 | $1.17 | $0.95 | $1.10 | $0.55 | $0.82 | $0.54 | $0.61 | $0.37 | $0.70 | $0.55 | $0.73 | $0.33 | $0.71 | $0.52 | $0.51 | $0.30 | $0.36 | $-0.67 | $0.39 | $0.39 | $0.70 | $0.34 | $0.73 | $0.73 | $0.48 |
High Forecast | $0.95 | $1.37 | $1.16 | $1.62 | $0.77 | $1.23 | $0.96 | $1.11 | $0.63 | $0.90 | $0.54 | $0.62 | $0.37 | $0.71 | $0.55 | $0.73 | $0.34 | $0.72 | $0.52 | $0.52 | $0.30 | $0.37 | $-0.66 | $0.40 | $0.40 | $0.71 | $0.34 | $0.73 | $0.88 | $0.58 |
Low Forecast | $0.91 | $1.32 | $1.12 | $1.56 | $0.75 | $1.14 | $0.93 | $1.07 | $0.51 | $0.78 | $0.52 | $0.60 | $0.36 | $0.69 | $0.54 | $0.71 | $0.33 | $0.70 | $0.51 | $0.50 | $0.29 | $0.36 | $-0.68 | $0.39 | $0.38 | $0.69 | $0.33 | $0.71 | $0.58 | $0.38 |
Surprise % | - | - | - | - | - | - | - | - | - | 1.14% | 1.85% | 1.69% | 1.34% | 0.78% | 1.06% | 1.07% | 8.17% | 0.93% | 1.71% | 1.25% | 1.14% | 1.15% | 0.65% | 0.81% | 1.00% | 0.96% | 1.45% | 0.98% | 1.03% | 1.27% |
Skechers U. Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
DBI | Designer Brands | $5.99 | $13.33 | 122.54% | Hold |
RCKY | Rocky Brands | $29.79 | $62.00 | 108.12% | Hold |
NKE | NIKE | $80.63 | $109.03 | 35.22% | Buy |
WWW | Wolverine World Wide | $13.99 | $18.78 | 34.24% | Hold |
DECK | Deckers Outdoor | $859.96 | $976.63 | 13.57% | Buy |
CROX | Crocs | $129.82 | $147.36 | 13.51% | Buy |
SKX | Skechers U. | $66.08 | $71.77 | 8.61% | Buy |
SHOO | Steven Madden | $43.11 | $46.00 | 6.70% | Hold |
ONON | On | $44.44 | $43.47 | -2.18% | Buy |
CAL | Caleres | $38.81 | $36.67 | -5.51% | Buy |
SKX Forecast FAQ
Is Skechers U. a good buy?
Yes, according to 16 Wall Street analysts, Skechers U. (SKX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 87.50% of SKX's total ratings.
What is SKX's price target?
Skechers U. (SKX) average price target is $71.77 with a range of $40 to $88, implying a 8.61% from its last price of $66.08. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Skechers U. stock go up soon?
According to Wall Street analysts' prediction for SKX stock, the company can go up by 8.61% (from the last price of $66.08 to the average price target of $71.77), up by 33.17% based on the highest stock price target, and down by -39.47% based on the lowest stock price target.
Can Skechers U. stock reach $100?
SKX's average twelve months analyst stock price target of $71.77 does not support the claim that Skechers U. can reach $100 in the near future.
What are Skechers U.'s analysts' financial forecasts?
Skechers U.'s analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $8.97B (high $9.05B, low $8.83B), average EBITDA is $793.59M (high $842.23M, low $742.1M), average net income is $580.87M (high $620.96M, low $542.89M), average SG&A $3.47B (high $3.65B, low $3.29B), and average EPS is $3.98 (high $4.08, low $3.89). SKX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.87B (high $9.96B, low $9.7B), average EBITDA is $842.55M (high $850.88M, low $827.88M), average net income is $775.35M (high $785.32M, low $757.81M), average SG&A $4B (high $4.04B, low $3.93B), and average EPS is $5.03 (high $5.09, low $4.92).
Did the SKX's actual financial results beat the analysts' financial forecasts?
Based on Skechers U.'s last annual report (Dec 2022), the company's revenue was $7.44B, beating the average analysts forecast of $7.06B by 5.43%. Apple's EBITDA was $546.67M, missing the average prediction of $678.6M by -19.44%. The company's net income was $373.03M, missing the average estimation of $377.98M by -1.31%. Apple's SG&A was $2.97B, beating the average forecast of $2.81B by 5.57%. Lastly, the company's EPS was $2.4, beating the average prediction of $2.34 by 2.49%. In terms of the last quarterly report (Sep 2023), Skechers U.'s revenue was $2.02B, beating the average analysts' forecast of $2.02B by 0.34%. The company's EBITDA was $213.18M, beating the average prediction of $172.33M by 23.71%. Skechers U.'s net income was $145.42M, beating the average estimation of $126.59M by 14.87%. The company's SG&A was $858.74M, beating the average forecast of $818.71M by 4.89%. Lastly, the company's EPS was $0.94, beating the average prediction of $0.821 by 14.48%