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

Analyst price target for SKX

Based on 8 analysts offering 12 month price targets for Skechers Usa Inc.
Min Forecast
$66.00-3.35%
Avg Forecast
$70.00+2.5%
Max Forecast
$76.00+11.29%

Should I buy or sell SKX stock?

Based on 8 analysts offering ratings for Skechers Usa Inc.
Strong Buy
Strong Buy
3 analysts 37.5%
Buy
4 analysts 50%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SKX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-04-17
lockedlocked$00.00+00.00%2024-04-01
lockedlocked$00.00+00.00%2024-03-08
lockedlocked$00.00+00.00%2024-03-06Find Out Why
Raymond James
Top 3%
98
BuyMaintains$66.00-3.35%2024-02-05
Stifel Nicolaus
Top 6%
95
Strong BuyMaintains$70.00+2.50%2024-02-02
Wedbush
Top 16%
85
BuyMaintains$68.00-0.42%2024-02-02

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Forecast return on equity

Is SKX forecast to generate an efficient return?
Company
N/A
Industry
32.69%
Market
17.32%

Forecast return on assets

Is SKX forecast to generate an efficient return on assets?
Company
N/A
Industry
12.45%

SKX revenue forecast

What is SKX's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$8.8B+7.14%
Avg 2 year Forecast
$9.7B+17.39%
Avg 3 year Forecast
$10.5B+27.69%
SKX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SKX earnings growth forecast

How is SKX forecast to perform vs Footwear & Accessories companies and vs the US market?
Company
17.88%
Industry
8.91%
Market
22.25%
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
8.35%
Industry
4.67%
Market
9.65%
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$68.29$70.00+2.50%Strong Buy
CROX$148.92$147.44-0.99%Strong Buy
BIRK$48.11$55.50+15.36%Buy
ONON$40.23$40.62+0.96%Strong Buy
SHOO$42.84$42.83-0.02%Hold

Skechers Usa Stock Forecast FAQ

Is Skechers Usa Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: SKX) stock is to Strong Buy SKX stock.

Out of 8 analysts, 3 (37.5%) are recommending SKX as a Strong Buy, 4 (50%) are recommending SKX as a Buy, 1 (12.5%) 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 revenue growth forecast for 2024-2026?

(NYSE: SKX) Skechers Usa's forecast annual revenue growth rate of 8.35% is forecast to beat the US Footwear & Accessories industry's average forecast revenue growth rate of 4.67%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.65%.

Skechers Usa's revenue in 2024 is $8,250,001,000.On average, 5 Wall Street analysts forecast SKX's revenue for 2024 to be $1,348,147,060,019, with the lowest SKX revenue forecast at $1,342,054,631,636, and the highest SKX revenue forecast at $1,361,294,906,642. On average, 5 Wall Street analysts forecast SKX's revenue for 2025 to be $1,477,065,992,551, with the lowest SKX revenue forecast at $1,455,427,851,449, and the highest SKX revenue forecast at $1,507,439,674,835.

In 2026, SKX is forecast to generate $1,606,694,432,338 in revenue, with the lowest revenue forecast at $1,557,293,693,265 and the highest revenue forecast at $1,656,095,323,929.

What is SKX's forecast return on assets (ROA) for 2024-2026?

(NYSE: SKX) forecast ROA is N/A, which is lower than the forecast US Footwear & Accessories industry average of 12.45%.

What is SKX's Price Target?

According to 8 Wall Street analysts that have issued a 1 year SKX price target, the average SKX price target is $70.00, with the highest SKX stock price forecast at $76.00 and the lowest SKX stock price forecast at $66.00.

On average, Wall Street analysts predict that Skechers Usa's share price could reach $70.00 by May 17, 2025. The average Skechers Usa stock price prediction forecasts a potential upside of 2.5% from the current SKX share price of $68.29.

What is SKX's forecast return on equity (ROE) for 2024-2026?

(NYSE: SKX) forecast ROE is N/A, which is considered weak.
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