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NYSE: SKX
Skechers Usa Inc Stock Forecast, Predictions & Price Target

Analyst price target for SKX

Based on 9 analysts offering 12 month price targets for Skechers Usa Inc.
Min Forecast
$42.00-18.24%
Avg Forecast
$53.67+4.47%
Max Forecast
$62.00+20.69%

Should I buy or sell SKX stock?

Based on 9 analysts offering ratings for Skechers Usa Inc.
Buy
Strong Buy
3 analysts 33.33%
Buy
4 analysts 44.44%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SKX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wedbush
Bottom 12%
12
BuyMaintains$58.00+12.91%2023-04-28
Raymond James
Top 1%
100
BuyMaintains$58.00+12.91%2023-04-28
Deutsche Bank
Bottom 5%
5
Strong BuyMaintains$57.00+10.96%2023-04-28
Morgan Stanley
Top 21%
80
HoldMaintains$48.00-6.56%2023-04-28
UBS
Top 14%
87
Strong BuyMaintains$60.00+16.80%2023-03-29
Cowen & Co.
Top 18%
83
BuyMaintains$62.00+20.69%2023-02-03
Argus Research
Top 27%
74
Strong BuyUpgrades$50.00-2.67%2023-01-06
Piper Sandler
Bottom 25%
25
HoldInitiates Coverage On$42.00-18.24%2022-12-29
Raymond James
Bottom 24%
24
BuyMaintains$48.00-6.56%2022-12-01

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Forecast return on equity

Is SKX forecast to generate an efficient return?
Company
19.16%
Industry
41.65%
Market
13.42%
SKX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SKX forecast to generate an efficient return on assets?
Company
10.1%
Industry
15.95%
SKX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SKX earnings growth forecast

How is SKX forecast to perform vs Footwear & Accessories companies and vs the US market?
Company
31.86%
Industry
13.97%
Market
115.27%
SKX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SKX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SKX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SKX revenue growth forecast

How is SKX forecast to perform vs Footwear & Accessories companies and vs the US market?
Company
8.57%
Industry
7.34%
Market
17.22%
SKX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SKX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SKX vs Shoe Stocks

TickerPricePrice TargetUp/downsideConsensus
SKX$51.37$53.67+4.47%Buy
CROX$112.28$152.60+35.91%Buy
DECK$475.00$533.50+12.32%Strong Buy
SHOO$31.21$37.60+20.47%Hold
FL$25.32$37.94+49.86%Hold

Skechers Usa Stock Forecast FAQ

Is Skechers Usa Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: SKX) stock is to Buy SKX stock.

Out of 9 analysts, 3 (33.33%) are recommending SKX as a Strong Buy, 4 (44.44%) are recommending SKX as a Buy, 2 (22.22%) are recommending SKX as a Hold, 0 (0%) are recommending SKX as a Sell, and 0 (0%) are recommending SKX as a Strong Sell.

If you're new to stock investing, here's how to buy Skechers Usa stock.

What is SKX's forecast return on equity (ROE) for 2023-2024?

(NYSE: SKX) forecast ROE is 19.16%, which is considered weak.

What is SKX's Price Target?

According to 9 Wall Street analysts that have issued a 1 year SKX price target, the average SKX price target is $53.67, with the highest SKX stock price forecast at $62.00 and the lowest SKX stock price forecast at $42.00.

On average, Wall Street analysts predict that Skechers Usa's share price could reach $53.67 by Apr 28, 2024. The average Skechers Usa stock price prediction forecasts a potential upside of 4.47% from the current SKX share price of $51.37.

What is SKX's forecast return on assets (ROA) for 2023-2024?

(NYSE: SKX) forecast ROA is 10.1%, which is lower than the forecast US Footwear & Accessories industry average of 15.95%.
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