Forecast: (SKX) for today January 18 & Weekly Forecast from 14 January to 20 January
Skechers USA Inc icon

Forecast: (SKX) for today January 18 & Weekly Forecast from 14 January to 20 January

Updated: January 18, 2024


Brief information about Skechers USA Inc

Ticker: SKX

Sector: Manufacturing

Closing price of the last trading day: $63.09

Last trading day: 01/17/2024

Analyst forecast price: $67.45

52-week high/low: $64 / $41.56

Shares of Skechers USA Inc are traded on the stock exchange under the ticker SKX, marking their space in the competitive "Manufacturing" sector. For stakeholders, tracking the dynamic price movement of SKX is crucial for making informed investment decisions. In a market influenced by myriad factors, predicting the trajectory of these shares becomes both a challenge and a necessity. Predictive analytics and data-driven insights play a pivotal role in forecasting the performance of SKX. The investors seeking up-to-date and accurate forecasts for Skechers USA Inc shares can turn to resources like Allforecast.com. The website stands out as a reliable tool offering real-time predictions, ensuring that investors are equipped with current and anticipated stock trends. On Allforecast.com, users gain access to a comprehensive analysis and predictions specifically tailored for SKX, spanning varied timeframes - from the next day's anticipations to weekly, monthly, and yearly forecasts. The platform’s real-time updating mechanism ensures that the forecasted data aligns with the ongoing market trends and economic shifts, offering users actionable insights to optimize their investment strategies. The forecasts integrate a mix of qualitative and quantitative analyses, sector-specific trends within "Manufacturing", and broader market dynamics to present a holistic view of SKX's expected performance. By leveraging such precise and timely data, investors can strategize their moves, balancing risks and opportunities associated with Skechers USA Inc's stocks. Navigating through the unpredictable terrains of the stock market requires actionable insights and timely data. Allforecast.com serves as a companion for investors eyeing SKX, offering them a blend of accuracy and timeliness in predicting stock movements, aiding in informed and strategic investment choices.

Main Headquarters: Situated at 228 MANHATTAN BEACH BLVD, MANHATTAN BEACH, CA, US, this location serves as the primary hub for all corporate activities.

Skechers USA Inc's Current Market Value: As of our last update, it's pegged at $9 680 784 000, indicating its standing in the financial landscape.

Shares Overview: Currently, 133 596 000 shares of Skechers USA Inc are actively traded and held by the public.

Last year's EBITDA (Earnings Before Interest, Taxes, and Depreciation) for Skechers USA Inc stood at 917 293 000$. This figure provides insights into the company's operational profitability. With this positive EBITDA, Skechers USA Inc showcases a favorable financial health.

The PE ratio according to the latest reporting is at around 18.44. P/E shows the investor how many years his investment in this business pays off. That is, investments in Skechers USA Inc shares will pay off in about 19 years. In principle, this is a good indicator, but it is worth looking at these shares only for a long time.

In addition to fundamental factors, stocks are influenced by many other factors. For example, it is worth monitoring all global forecasts for Skechers USA Inc shares. Our service will help you with this, in which we collect all forecasts and build one consensus forecast from them.



Skechers USA Inc stock forecast

When considering an investment in Skechers USA Inc, prospective investors often seek insights on its long-term performance. Our platform consolidates the expert analyses and projections from renowned global analysts to offer a unified consensus forecast for 2024, 2025, 2026, 2027, and 2028.

With these forecasts at your disposal, you can address critical questions like:

What will be the price of one share of Skechers USA Inc in the subsequent years including 2024, 2025, 2026, 2027, and 2028?

What consensus have the analysts reached regarding the future performance of Skechers USA Inc stock?

Is Skechers USA Inc stock a viable option for both short-term and long-term investment?

Is it prudent to sell or hold Skechers USA Inc shares in 2024?

Is 2024 the opportune moment to buy Skechers USA Inc stock, or is patience a more viable strategy?

What are the anticipated entry and exit points for investing in Skechers USA Inc stock, according to expert forecasts?

It’s pivotal to remember that these forecasts are to be utilized as informational resources and not definitive investment advice. The final investment decision rests solely upon the investor, contingent on their risk tolerance, investment goals, and thorough analysis of Skechers USA Inc.

Insight into Our Forecasting Process

Our forecasting methodology encompasses the aggregation of public and expert data on Skechers USA Inc, coupled with a sophisticated algorithm that calculates a weighted average forecast while eliminating outliers. This ensures that our audience receives a refined and realistic projection of Skechers USA Inc stock’s future performance.

Skechers USA Inc Daily Share Price Forecast for One Month

Our team has meticulously gathered and analyzed forecasts from a diverse pool of analysts to present a consolidated average daily forecast for Skechers USA Inc shares over the upcoming month. It’s essential to bear in mind that short-term predictions can often be subject to significant volatility, influenced by a myriad of dynamic, real-time market factors.

As you scroll, you’ll discover a detailed graph illustrating the consensus forecast for Skechers USA Inc stocks over the next 30 days. The gray spectrum of the chart delineates the historical trajectory of the stock’s price, while the turquoise spectrum provides a visual representation of the anticipated price, inclusive of potential fluctuation ranges, offering insights into prospective market trends and stock behaviors.

In the dynamic world of stock trading, analysts and investors closely observe the projected highs and lows of Skechers USA Inc shares. Our integrated forecast predicts a peak price of $68.35 in the forthcoming 30 days, indicating the zenith of the stock's potential performance. An encouraging revelation, denoting an upside potential of 8.34% from the current standing.

On the flip side, the stock might plummet to a minimum of $56.38 within the same period. A decline of 11.89% signals caution, nudging investors towards a more conservative stance.

Consequently, a fluctuation corridor emerges, with the stock’s resistance at $68.35 and support at $56.38, indicating the oscillating nature of Skechers USA Inc’s stock over the one-month spectrum. These oscillations, while providing trading opportunities, should be navigated with adept knowledge and strategic foresight.

So, what’s the trajectory of Skechers USA Inc amidst these projections? The nuances of stock trading and investment are encapsulated in the constant ebb and flow of the market, influenced by intrinsic and extrinsic factors. Hence, a comprehensive, nuanced understanding of market dynamics, coupled with real-time analytics, emerges as the cornerstone for maximizing ROI and mitigating risks.

The evolution of Skechers USA Inc’s stock is akin to a narrative unfolding, shaped by myriad factors including market trends, economic indicators, and investor sentiment. Each fluctuation is a chapter of this narrative, offering insights, challenges, and opportunities to the discerning investor.

Evaluating the resilience of the support level is crucial in gauging the future trajectory of Skechers USA Inc shares. The anticipation is that the price will hover near the support level for 3 days. The support level at $56.38 appears to be resilient. However, the volatility in the market and other influencing factors make the downward breach a possibility investors should be wary of.

It’s imperative to remember the innate unpredictability of the stock market. The actual future value of Skechers USA Inc shares is subject to variables beyond predictive analytics. Nonetheless, investors can expect the stock to oscillate within the defined optimistic and pessimistic target price brackets, offering both challenges and opportunities for strategic trading and investment.

Forecast table for 30 days
Date Target Pes. Opt. Vol., %
Jan 20 63.52 61.87 64.92 4.93
Jan 21 64.38 62.61 66.34 5.96
Jan 22 62.84 61.38 63.47 3.40
Jan 23 62.08 61.19 62.58 2.27
Jan 24 62.03 60.20 63.77 5.94
Jan 25 61.81 61.07 62.40 2.19
Jan 26 62.03 61.36 62.95 2.59
Jan 27 62.63 60.82 63.53 4.45
Jan 28 61.25 60.30 62.79 4.14
Jan 29 59.90 58.03 61.36 5.74
Jan 30 58.70 57.25 59.93 4.68
Jan 31 60.21 58.59 61.97 5.75
Feb 01 61.99 60.40 63.73 5.50
Feb 02 64.07 63.15 65.82 4.22
Feb 03 64.33 62.42 65.51 4.95
Feb 04 64.35 63.69 64.92 1.94
Feb 05 66.41 65.35 68.35 4.59
Feb 06 65.51 64.31 67.27 4.60
Feb 07 63.76 63.12 65.74 4.16
Feb 08 62.40 61.26 63.48 3.63
Feb 09 61.43 59.49 62.68 5.37
Feb 10 59.34 58.04 60.55 4.34
Feb 11 61.55 59.83 62.73 4.86
Feb 12 62.14 60.28 63.01 4.54
Feb 13 61.82 60.09 63.10 5.02
Feb 14 62.66 62.08 63.38 2.10
Feb 15 60.35 58.66 61.41 4.69
Feb 16 59.31 58.53 60.00 2.51
Feb 17 57.68 56.38 58.18 3.19
Feb 18 57.65 56.71 59.18 4.35

Skechers USA Inc Stock Forecast 20 Jan.

Presumably, on 01/20/2024, the price of shares will be in the range of $61.87 - $64.92. A $3.05 range width can provide 4.93% volatility. The weighted average price of this range is at $63.52, which is $0.05 lower than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 21 Jan.

Presumably, on 01/21/2024, the price of shares will be in the range of $62.61 - $66.34. A $3.73 range width can provide 5.96% volatility. The weighted average price of this range is at $64.38, which is $0.86 higher than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 22 Jan.

Presumably, on 01/22/2024, the price of shares will be in the range of $61.38 - $63.47. A $2.09 range width can provide 3.40% volatility. The weighted average price of this range is at $62.84, which is $1.55 lower than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 23 Jan.

Presumably, on 01/23/2024, the price of shares will be in the range of $61.19 - $62.58. A $1.39 range width can provide 2.27% volatility. The weighted average price of this range is at $62.08, which is $0.75 lower than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 24 Jan.

Presumably, on 01/24/2024, the price of shares will be in the range of $60.20 - $63.77. A $3.57 range width can provide 5.94% volatility. The weighted average price of this range is at $62.03, which is $0.05 lower than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 25 Jan.

Presumably, on 01/25/2024, the price of shares will be in the range of $61.07 - $62.40. A $1.34 range width can provide 2.19% volatility. The weighted average price of this range is at $61.81, which is $0.22 lower than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 26 Jan.

Presumably, on 01/26/2024, the price of shares will be in the range of $61.36 - $62.95. A $1.59 range width can provide 2.59% volatility. The weighted average price of this range is at $62.03, which is $0.22 higher than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 27 Jan.

Presumably, on 01/27/2024, the price of shares will be in the range of $60.82 - $63.53. A $2.71 range width can provide 4.45% volatility. The weighted average price of this range is at $62.63, which is $0.60 higher than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 29 Jan.

Presumably, on 01/29/2024, the price of shares will be in the range of $58.03 - $61.36. A $3.33 range width can provide 5.74% volatility. The weighted average price of this range is at $59.90, which is $1.35 lower than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 30 Jan.

Presumably, on 01/30/2024, the price of shares will be in the range of $57.25 - $59.93. A $2.68 range width can provide 4.68% volatility. The weighted average price of this range is at $58.70, which is $1.20 lower than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 31 Jan.

Presumably, on 01/31/2024, the price of shares will be in the range of $58.59 - $61.97. A $3.37 range width can provide 5.75% volatility. The weighted average price of this range is at $60.21, which is $1.50 higher than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 01 Feb.

Presumably, on 02/01/2024, the price of shares will be in the range of $60.40 - $63.73. A $3.32 range width can provide 5.50% volatility. The weighted average price of this range is at $61.99, which is $1.78 higher than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 02 Feb.

Presumably, on 02/02/2024, the price of shares will be in the range of $63.15 - $65.82. A $2.67 range width can provide 4.22% volatility. The weighted average price of this range is at $64.07, which is $2.08 higher than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 03 Feb.

Presumably, on 02/03/2024, the price of shares will be in the range of $62.42 - $65.51. A $3.09 range width can provide 4.95% volatility. The weighted average price of this range is at $64.33, which is $0.26 higher than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 04 Feb.

Presumably, on 02/04/2024, the price of shares will be in the range of $63.69 - $64.92. A $1.24 range width can provide 1.94% volatility. The weighted average price of this range is at $64.35, which is $0.03 higher than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 05 Feb.

Presumably, on 02/05/2024, the price of shares will be in the range of $65.35 - $68.35. A $3.00 range width can provide 4.59% volatility. The weighted average price of this range is at $66.41, which is $2.06 higher than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 06 Feb.

Presumably, on 02/06/2024, the price of shares will be in the range of $64.31 - $67.27. A $2.96 range width can provide 4.60% volatility. The weighted average price of this range is at $65.51, which is $0.90 lower than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 07 Feb.

Presumably, on 02/07/2024, the price of shares will be in the range of $63.12 - $65.74. A $2.63 range width can provide 4.16% volatility. The weighted average price of this range is at $63.76, which is $1.76 lower than the previous day's weighted average price.

Skechers USA Inc Stock Forecast 08 Feb.

Presumably, on 02/08/2024, the price of shares will be in the range of $61.26 - $63.48. A $2.22 range width can provide 3.63% volatility. The weighted average price of this range is at $62.40, which is $1.35 lower than the previous day's weighted average price.

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Skechers USA Inc monthly stock forecast for 2024, 2025, 2026, 2027, 2028.

Table of forecasts for 2024.
Month Target Pes. Opt. Vol., %
Feb. 67.94 62.07 71.96 13.75
Mar. 72.28 68.47 77.49 11.64
Apr. 71.24 67.94 75.57 10.11
May. 74.21 70.76 81.80 13.50
Jun. 62.45 57.56 66.15 12.99
Jul. 70.25 65.86 77.66 15.20
Aug. 65.08 57.58 71.64 19.62
Sep. 61.33 56.81 67.80 16.21
Oct. 59.17 51.69 66.36 22.11
Nov. 68.45 63.85 75.89 15.87
Dec. 68.67 60.86 75.59 19.48

Diving into a more comprehensive insight, the monthly consensus forecast is an instrumental resource for investors eyeing Skechers USA Inc's performance metrics. These projections are meticulously curated, leveraging insights from renowned global analysts and offering a panoramic view of the anticipated stock behaviour for the current year and beyond.

In the mid-term analysis, forecasting accuracy enhances, attributed to the diminished influence of transient market fluctuations. For this year, the zenith of Skechers USA Inc share’s value is anticipated to touch $81.8, offering a robust metric for investment strategies, sans the extremes of varied agency forecasts.

On the contrary, the nadir projections settle at $51.69, delineating the lower threshold and offering a holistic perspective on the risk and return landscape.

Progressing further, we have extrapolated these analytical insights to generate consensus forecasts for subsequent years. The synthesized data, presented in intuitive tabular formats, offers investors, analysts, and enthusiasts a streamlined view into the future of Skechers USA Inc stocks.

Anticipated Trends: Skechers USA Inc (SKX) Monthly Stock Trajectory for 2025

Table of forecasts for 2025.
Month Target Pes. Opt. Vol., %
Jan 64.38 57.38 67.06 14.44
Feb 72.11 63.80 80.87 21.11
Mar 70.14 66.67 78.34 14.90
Apr 69.02 66.59 77.75 14.35
May 78.85 74.31 84.78 12.35
Jun 89.45 79.29 97.46 18.65
Jul 103.62 95.83 113.40 15.50
Aug 120.03 105.44 132.32 20.32
Sep 126.75 116.00 133.24 12.94
Oct 117.02 107.10 129.94 17.58
Nov 109.15 99.20 113.17 12.35
Dec 99.72 88.24 110.89 20.43

Skechers USA Inc (SKX) Monthly Stock Prediction for 2026

Table of forecasts for 2026.
Month Target Pes. Opt. Vol., %
Jan 108.98 99.21 117.52 15.58
Feb 103.22 91.50 109.67 16.57
Mar 98.93 88.96 110.17 19.25
Apr 106.37 93.09 114.71 18.84
May 103.82 96.18 110.79 13.19
Jun 90.53 81.40 94.87 14.20
Jul 92.41 86.50 100.99 14.35
Aug 81.47 71.56 88.90 19.50
Sep 86.68 75.73 90.01 15.87
Oct 93.20 82.91 96.93 14.46
Nov 98.87 93.81 106.94 12.28
Dec 114.21 101.79 120.79 15.73



Skechers USA Inc (SKX) Monthly Stock Prediction for 2027

Table of forecasts for 2027.
Month Target Pes. Opt. Vol., %
Jan 118.05 104.64 123.15 15.03
Feb 131.27 122.45 144.29 15.14
Mar 135.26 130.72 150.85 13.34
Apr 148.90 142.94 162.95 12.28
May 155.81 138.36 168.77 18.02
Jun 138.61 121.75 143.93 15.41
Jul 140.38 125.11 157.67 20.66
Aug 150.94 143.93 161.56 10.91
Sep 156.73 139.93 161.75 13.49
Oct 158.24 150.39 172.16 12.65
Nov 163.55 145.24 172.19 15.65
Dec 173.76 165.98 192.11 13.60

Skechers USA Inc (SKX) Monthly Stock Prediction for 2028

Table of forecasts for 2028.
Month Target Pes. Opt. Vol., %
Jan 181.54 162.66 204.49 20.45
Feb 181.83 167.29 201.62 17.03
Mar 185.03 170.23 203.39 16.30
Apr 209.90 200.50 217.63 7.87
May 185.72 171.76 205.33 16.35
Jun 196.72 188.53 221.58 14.92
Jul 170.28 150.39 176.00 14.55
Aug 144.67 131.01 158.79 17.49
Sep 138.88 125.99 146.88 14.22
Oct 135.77 124.26 143.16 13.20
Nov 130.77 115.92 141.03 17.80
Dec 130.15 124.52 137.64 9.53


Denial of responsibility:

All submitted consensus forecasts are exposed to get acquainted with the algorithm for collecting forecasts and bringing them to a single whole. The portal allforecast.com is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.