Deckers Outdoor (NYSE:DECK) Stock Gets Price Target Trim from Evercore

by · The Markets Daily

Deckers Outdoor (NYSE:DECK – Free Report) had its target price trimmed by Evercore from $108.00 to $90.00 in a research report sent to investors on Friday.

A number of other analysts have also recently commented on DECK. Robert W. Baird set a $95.00 price objective on Deckers Outdoor in a research report on Friday. Truist Financial set a $95.00 target price on shares of Deckers Outdoor and gave the company a “buy” rating in a research note on Friday. Piper Sandler lowered shares of Deckers Outdoor from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $100.00 to $75.00 in a report on Friday. Stifel Nicolaus decreased their price target on shares of Deckers Outdoor from $133.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Wells Fargo & Company set a $70.00 price target on shares of Deckers Outdoor and gave the stock an “underweight” rating in a report on Friday. Eleven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Hold” and an average price target of $105.79.

Get Our Latest Stock Report on Deckers Outdoor

Deckers Outdoor Stock Performance

Deckers Outdoor stock opened at $81.00 on Friday. Deckers Outdoor has a fifty-two week low of $77.20 and a fifty-two week high of $122.29. The company has a market capitalization of $11.04 billion, a price-to-earnings ratio of 10.74, a PEG ratio of 1.21 and a beta of 1.12. The stock has a fifty day moving average of $83.43 and a two-hundred day moving average of $96.85.

Deckers Outdoor (NYSE:DECK – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.06. Deckers Outdoor had a return on equity of 42.42% and a net margin of 19.18%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the prior year, the business earned $0.93 earnings per share. The business’s revenue was up 5.7% on a year-over-year basis. On average, analysts forecast that Deckers Outdoor will post 7.78 EPS for the current fiscal year.

Institutional Trading of Deckers Outdoor

A number of hedge funds have recently added to or reduced their stakes in the business. Orion Capital Management LLC acquired a new stake in shares of Deckers Outdoor in the second quarter worth approximately $30,000. Pension & Wealth Management Advisors Inc. purchased a new position in Deckers Outdoor in the third quarter valued at about $31,000. Continuum Advisory LLC acquired a new position in Deckers Outdoor during the 2nd quarter worth approximately $38,000. SBI Securities Co. Ltd. lifted its position in shares of Deckers Outdoor by 49.1% during the third quarter. SBI Securities Co. Ltd. now owns 601 shares of the textile maker’s stock worth $47,000 after purchasing an additional 198 shares in the last quarter. Finally, Toth Financial Advisory Corp boosted its position in Deckers Outdoor by 785.7% in the 3rd quarter. Toth Financial Advisory Corp now owns 620 shares of the textile maker’s stock valued at $48,000 after buying an additional 550 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Deckers Outdoor News Roundup

Here are the key news stories impacting Deckers Outdoor this week:

  • Positive Sentiment: Deckers reported fiscal second-quarter EPS well above consensus, supported by stronger-than-expected margins. Revenue rose roughly 3.5% year over year to $1.48 billion, while HOKA revenue increased 7% and wholesale sales grew 9%. Deckers Brands Reports Second Quarter Fiscal Year 2027 Financial Results
  • Positive Sentiment: The company’s fiscal 2027 EPS outlook of $7.80 to $7.95 is above the consensus estimate of $7.52, indicating that disciplined pricing and margin management remain supportive of profitability. Deckers Projects Fiscal 2027 Guidance
  • Neutral Sentiment: Some analysts still see substantial upside and retained positive ratings: BNP Paribas Exane maintained “outperform,” while Stifel and Needham maintained “buy” ratings. However, their price targets were reduced, reflecting more cautious assumptions. Stifel Analyst Recommendation
  • Negative Sentiment: Fiscal 2027 revenue guidance was cut to $5.70 billion–$5.725 billion from expectations near $5.9 billion. Management cited softer direct-to-consumer demand, logistics issues, higher promotions and slower HOKA and UGG growth. Deckers Cuts Sales Outlook Amid Slower HOKA and UGG Growth
  • Negative Sentiment: The revenue miss and reduced outlook triggered broad analyst target cuts, including Piper Sandler’s downgrade to “underweight” with a $75 target. Jefferies, Evercore, Raymond James, Truist and others also lowered targets, signaling concern that premium footwear growth may be losing momentum amid aggressive industry discounting. Piper Sandler Downgrades Deckers Outdoor

Deckers Outdoor Company Profile

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Deckers Outdoor Corporation, doing business as Deckers Brands (NYSE: DECK), is a global footwear, apparel and accessories company. Its portfolio includes UGG, known for sheepskin and casual footwear; HOKA, which focuses on performance and running shoes; Teva, which offers outdoor and sport sandals and footwear; and Koolaburra by UGG, a lifestyle footwear brand.

The company sells its products through department and specialty stores, independent retailers, international distributors, company-owned retail stores and e-commerce websites.

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