Deckers Outdoor (NYSE:DECK) Stock Price Target Lowered at Stifel Nicolaus

Key Points

• Stifel Nicolaus lowered Deckers Outdoor’s price target from $133 to $113 but maintained a “buy” rating, implying roughly 32% upside from the $85.46 share price.
• Analyst sentiment is mixed: nine analysts rate the stock a Buy, 11 recommend Hold and four recommend Sell, resulting in a consensus Hold rating and a $107.79 target price.
• Deckers recently beat quarterly earnings expectations, reporting $0.94 in EPS versus the $0.88 consensus estimate, while revenue rose 5.7% year over year to $1.02 billion. Institutional investors own approximately 97.8% of the company’s shares.

Deckers Outdoor (NYSE:DECK - Get Free Report) had its price target decreased by equities research analysts at Stifel Nicolaus from $133.00 to $113.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has a "buy" rating on the textile maker's stock. Stifel Nicolaus's target price points to a potential upside of 32.23% from the company's current price.

A number of other analysts also recently weighed in on the company. Weiss Ratings downgraded Deckers Outdoor from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, September 3rd. UBS Group set a $137.00 price objective on Deckers Outdoor in a research report on Friday. Wolfe Research initiated coverage on Deckers Outdoor in a research report on Wednesday. They issued a "peer perform" rating for the company. Wells Fargo & Company reissued an "underweight" rating and issued a $85.00 target price on shares of Deckers Outdoor in a report on Friday, July 24th. Finally, Truist Financial decreased their target price on shares of Deckers Outdoor from $125.00 to $105.00 and set a "buy" rating on the stock in a research report on Friday, July 24th. Nine equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $107.79.

Deckers Outdoor Stock Down 0.0%

Shares of NYSE:DECK opened at $85.46 on Friday. The company has a market cap of $11.64 billion, a P/E ratio of 12.12, a PEG ratio of 1.33 and a beta of 1.12. Deckers Outdoor has a 52 week low of $77.20 and a 52 week high of $122.29. The company has a 50-day moving average price of $83.67 and a 200 day moving average price of $97.00.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.06. The company had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.02 billion. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%. The firm's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 EPS. Analysts expect that Deckers Outdoor will post 7.50 EPS for the current year.

Institutional Investors Weigh In On Deckers Outdoor

Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new position in Deckers Outdoor during the second quarter worth $1,343,613,000. Bank of New York Mellon Corp acquired a new stake in Deckers Outdoor in the second quarter valued at $170,905,000. Caisse de depot et placement du Quebec acquired a new stake in Deckers Outdoor in the second quarter valued at $119,656,000. Deutsche Bank AG acquired a new stake in Deckers Outdoor in the second quarter valued at $100,620,000. Finally, Man Group plc purchased a new position in shares of Deckers Outdoor in the second quarter valued at $82,448,000. Institutional investors and hedge funds own 97.79% of the company's stock.

Trending Headlines about Deckers Outdoor

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

• Positive Sentiment: Fiscal second-quarter earnings exceeded expectations, supported by cost control and margin expansion. Reported revenue rose approximately 3.5% year over year to $1.48 billion, while earnings per share surpassed consensus estimates. Deckers Brands Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: HOKA revenue increased 7%, including 9% growth in wholesale sales, while UGG also contributed to revenue growth. Management said disciplined marketplace management helped protect profitability. Deckers Q2 2027 Earnings Call Highlights
• Neutral Sentiment: Deckers appointed Rati Sahi Levesque to its board of directors, adding a retail executive with relevant industry experience but no immediate financial impact. Deckers Appoints Rati Sahi Levesque to Board
• Negative Sentiment: Revenue of $1.48 billion fell short of the roughly $1.51 billion analyst consensus, making the profit beat less compelling to investors. Deckers Q2 Revenue Earnings Flash
• Negative Sentiment: Management lowered fiscal 2027 revenue guidance to $5.70 billion-$5.725 billion and forecast EPS of $7.80-$7.95, citing slower HOKA and UGG growth and higher U.S. promotional activity. Deckers Lowers Outlook Amid Higher Promotions
• Negative Sentiment: Investors are concerned that aggressive discounting by competitors is pressuring premium footwear brands, potentially forcing Deckers to increase promotions and weakening future margins. A tariff refund also boosted the quarter, raising concerns about the underlying quality of the earnings beat. Reuters: Discounts Pressure Premium Brands

Deckers Outdoor Company Profile

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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