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An update from Skechers USA ( (SKX) ) is now available.
On September 12, 2025, 3G Capital completed its acquisition of Skechers U.S.A., Inc., resulting in the delisting of Skechers’ shares from the NYSE. Despite the acquisition, Skechers will continue to be led by its existing executive management team, including CEO Robert Greenberg and President Michael Greenberg. The merger involved significant financial arrangements, including the issuance of senior secured and PIK notes, and the establishment of a substantial credit facility. The transaction marks a significant shift in Skechers’ market positioning, as it transitions from a publicly traded company to a privately held entity under 3G Capital’s ownership.
The most recent analyst rating on (SKX) stock is a Buy with a $72.00 price target. To see the full list of analyst forecasts on Skechers USA stock, see the SKX Stock Forecast page.
Spark’s Take on SKX Stock
According to Spark, TipRanks’ AI Analyst, SKX is a Outperform.
Skechers’ robust financial performance and reasonable valuation are strong positives, but challenges in cash flow management and uncertainties from the earnings call, particularly in China, weigh on the overall score. The technical analysis suggests stability, supporting a balanced outlook.
To see Spark’s full report on SKX stock, click here.
More about Skechers USA
Skechers U.S.A., Inc., based in Southern California, is a Fortune 500 company and the third largest footwear company globally. It designs, develops, and markets a wide range of lifestyle and performance footwear, apparel, and accessories for men, women, and children. The company’s products are available in approximately 180 countries and territories through various retail channels, including department and specialty stores, direct-to-consumer platforms, and around 5,300 Skechers retail stores worldwide.
Average Trading Volume: 3,985,496
Technical Sentiment Signal: Strong Buy
Current Market Cap: $9.49B
Learn more about SKX stock on TipRanks’ Stock Analysis page.