Skip to main
SKX
SKX logo

Skechers U.S.A. (SKX) Stock Forecast & Price Target

Skechers U.S.A. (SKX) Analyst Ratings

Based on 26 analyst ratings
Buy
Strong Buy 50%
Buy 23%
Hold 23%
Sell 0%
Strong Sell 4%

Bulls say

Skechers USA Inc. reported a robust 12.8% year-over-year increase in sales for the fourth quarter of 2024, reaching $2,212.4 million, driven by notable growth in both its Wholesale and Direct-to-Consumer segments. The company achieved a gross margin expansion of 20 basis points to 53.3%, demonstrating effective cost management and operational efficiency that slightly exceeded estimated figures. Additionally, a healthy balance sheet with net cash per share of $4.35 reinforces Skechers' financial stability, positioning it well for continued growth amid positive market trends, particularly in global markets including EMEA and Asia.

Bears say

Skechers USA, Inc. reported a revenue increase of 13% for the quarter, which met the high end of guidance; however, earnings per share (EPS) of $0.65 fell short of expectations due to an unexpected foreign exchange (FX) impact. The company continues to face challenges in China, with a 12% revenue decline marking the fourth consecutive quarter of deceleration and the second consecutive negative quarter, contributing to weaker overall performance. Guidance for 1Q25 and FY24A indicates revenues below street estimates, compounded by anticipated FX headwinds, a higher tax rate, and reduced profit flow-through, leading to a decrease in revenue and earnings forecasts.

Skechers U.S.A. (SKX) has been analyzed by 26 analysts, with a consensus rating of Buy. 50% of analysts recommend a Strong Buy, 23% recommend Buy, 23% suggest Holding, 0% advise Selling, and 4% predict a Strong Sell.

This aggregate rating is based on analysts' research of Skechers U.S.A. and is not a guaranteed prediction by Public.com or investment advice.

Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy

FAQs About Skechers U.S.A. (SKX) Forecast

Analysts have given Skechers U.S.A. (SKX) a Buy based on their latest research and market trends.

According to 26 analysts, Skechers U.S.A. (SKX) has a Buy consensus rating as of Jul 12, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $55.12, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $55.12, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Skechers U.S.A. (SKX)


Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy
Disclaimer: Any investment listed here, which may be available on the Public platform, is intended to be used for informational purposes only, should not be the sole basis for making an investment decision, and is not a recommendation or advice.