SKX

Skechers USA Inc

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Advanced Chart

62.820

-0.09(-0.143%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

62.950

Open

62.950

VWAP

62.83

Vol

1.31M

Mkt Cap

9.45B

Low

62.750

Amount

82.52M

EV/EBITDA(TTM)

8.59

Total Shares

152.52M

9.15B

EV/OCF(TTM)

14.28

P/S(TTM)

1.02

Skechers U.S.A., Inc. designs, develops and markets a range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company's segments include Wholesale, and Direct-to-Consumer. Wholesale segment is comprised of sales to a network of partners, including Skechers-branded stores operated by third-party franchisees and licensees; family shoe stores, specialty athletic and sporting goods retailers, department stores and big box club stores; e-commerce retailers, and distributors in select international markets. Direct-to-Consumer segment comprises sales by the Company directly to consumers through a combination of channels, including Company-owned Skechers-branded stores; Company-owned e-commerce sites, and third-party marketplaces and digital platforms. Its collections are available in around 180 countries and territories, and 5,300 Skechers retail stores. Its lifestyle offering delivers comfort technologies such as Skechers Arch Fit and others.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

2.60B

+7.74%

1.194

-10.89%

2.37B

+6.96%

0.635

-2.3%

2.47B

+5.33%

0.865

-31.32%

Estimates Revision

The market is revising Downward the revenue expectations for Skechers U.S.A., Inc. (SKX) for FY2025, with the revenue forecasts being adjusted by -0.03% over the past three months. During the same period, the stock price has changed by 0.51%.

Revenue Estimates for FY2025

Revise Downward

-0.03%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.31%

In Past 3 Month

Stock Price

Go Up

+0.51%

In Past 3 Month

2 Analyst Rating

0.29% Upside

Wall Street analysts forecast SKX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SKX is 63.00 USD with a low forecast of 63.00 USD and a high forecast of 63.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

2 Hold

0 Sell

Hold

0.29% Upside

Current: 62.820

Low

63.00

Averages

63.00

High

63.00

0.29% Upside

Current: 62.820

Low

63.00

Averages

63.00

High

63.00

TD Cowen

Buy

Hold

downgrade

$63

2025-05-28

Reason

TD Cowen

Price Target

$63

2025-05-28

downgrade

Buy

Hold

Reason

TD Cowen downgraded Skechers to Hold from Buy with an unchanged price target of $63.

TD Cowen

John Kernan

Buy

Hold

downgrade

$63

2025-05-28

Reason

TD Cowen

John Kernan

Price Target

$63

2025-05-28

downgrade

Buy

Hold

Reason

TD Cowen analyst John Kernan downgraded Skechers to Hold from Buy with an unchanged price target of $63. The window for another bidder for Skechers to emerge has closed, the analyst tells investors in a research note. The firm says 3G's acquisition price was in line with its prior price target but below the bull case for valuation that could have emerged.

Barclays

Adrienne Yih

Overweight

downgrade

$77 -> $53

2025-04-25

Reason

Barclays

Adrienne Yih

Price Target

$77 -> $53

2025-04-25

downgrade

Overweight

Reason

Barclays analyst Adrienne Yih lowered the firm's price target on Skechers to $53 from $77 and keeps an Overweight rating on the shares following the Q1 report. The company's fiscal 2025 guidance was withdrawn but Skechers remains one of the best positioned to navigate the current volatile backdrop, the analyst tells investors in a research note.

Piper Sandler

Neutral

downgrade

$50 -> $45

2025-04-25

Reason

Piper Sandler

Price Target

$50 -> $45

2025-04-25

downgrade

Neutral

Reason

Piper Sandler lowered the firm's price target on Skechers to $45 from $50 and keeps a Neutral rating on the shares. The firm notes the company had a generally okay Q1, and the stock is under pressure after hours as management took annual guidance off the table without quantifying tariff impact or providing a Q2 guide. With inventories up 30% ending Q1 as Skechers was able to bring some product in earlier, the company should begin to see the impact of tariffs at the end of Q2 and into Q3--as others in the space, working with partners, moving country of origin and taking prices up are the mitigating factors; Skechers is puling back on some of the discretionary spend but overall the company is still in investment mode, Piper adds.

BofA

Buy

downgrade

$70 -> $58

2025-04-25

Reason

BofA

Price Target

$70 -> $58

2025-04-25

downgrade

Buy

Reason

BofA lowered the firm's price target on Skechers to $58 from $70 and keeps a Buy rating on the shares. The company reported Q1 EPS results generally in line with the firm's forecast excluding a 17c forex gain and management pulled guidance given the global trade uncertainty, the analyst noted. Though the current tariff structure poses near-term margin challenges, the firm thinks the brand's value proposition will help drive share gains and thinks sourcing and pricing mitigation strategies will ease the tariff impact from Q4 on, the analyst tells investors.

Wells Fargo

Overweight

downgrade

$70 -> $65

2025-04-25

Reason

Wells Fargo

Price Target

$70 -> $65

2025-04-25

downgrade

Overweight

Reason

Wells Fargo lowered the firm's price target on Skechers to $65 from $70 and keeps an Overweight rating on the shares. The firm notes questions were clearly centered around China manufacturing exposure, along with the health of the U.S. consumer. Skechers generates about 66% of its revenue outside the U.S., however, and this could prove valuable throughout 2025 both on sales and tariff impacts, Wells adds.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Skechers USA Inc (SKX.N) is 18.02, compared to its 5-year average forward P/E of 15.26. For a more detailed relative valuation and DCF analysis to assess Skechers USA Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

15.26

Current PE

18.02

Overvalued PE

17.76

Undervalued PE

12.75

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

9.55

Current EV/EBITDA

10.45

Overvalued EV/EBITDA

10.66

Undervalued EV/EBITDA

8.43

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.97

Current PS

0.95

Overvalued PS

1.11

Undervalued PS

0.83