Deckers Outdoor Corporation (DECK) - What Are Brokerages Thinking About This Stock?

Key Points

• Analysts maintain a cautious stance: Deckers Outdoor has an average “Hold” rating from 26 brokerages, with an average 12-month price target of $105.79. Recent target reductions include Goldman Sachs to $75 and Piper Sandler to $75, while Jefferies lowered its target to $120.
• Profitability remains solid, but growth expectations have weakened: The company exceeded quarterly EPS estimates and reported stronger margins, but reduced fiscal 2027 revenue guidance to $5.70 billion–$5.725 billion due to softer direct-to-consumer demand, higher promotions, logistics issues and slower HOKA and UGG growth.
• Institutional ownership is substantial: Institutional investors hold 97.79% of Deckers’ shares, with BlackRock, Bank of New York Mellon and other major institutions establishing sizable positions during the second quarter.

Deckers Outdoor Corporation (NYSE:DECK - Get Free Report) has been assigned an average recommendation of "Hold" from the twenty-six brokerages that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $105.79.

A number of analysts have recently weighed in on the stock. Barclays set a $100.00 price target on shares of Deckers Outdoor in a report on Friday. Truist Financial set a $95.00 price objective on shares of Deckers Outdoor and gave the company a "buy" rating in a research report on Friday. The Goldman Sachs Group restated a "sell" rating and set a $75.00 target price (down from $86.00) on shares of Deckers Outdoor in a research note on Friday. Piper Sandler downgraded 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. Finally, Jefferies Financial Group lowered their price target on Deckers Outdoor from $130.00 to $120.00 and set a "hold" rating for the company in a report on Friday.

Deckers Outdoor Stock Down 0.1%

DECK opened at $81.00 on Monday. Deckers Outdoor has a twelve month low of $77.20 and a twelve month high of $122.29. The company has a 50-day simple moving average of $83.43 and a 200 day simple moving average of $96.85. The stock has a market capitalization of $11.04 billion, a price-to-earnings ratio of 10.74, a P/E/G ratio of 1.21 and a beta of 1.12.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DECK. BlackRock Inc. acquired a new position in shares of Deckers Outdoor during the second quarter worth $1,343,613,000. Bank of New York Mellon Corp bought a new position in shares of Deckers Outdoor in the 2nd quarter valued at $170,905,000. Caisse de depot et placement du Quebec acquired a new stake in shares of Deckers Outdoor during the 2nd quarter valued at $119,656,000. Deutsche Bank AG acquired a new stake in shares of Deckers Outdoor during the 2nd quarter valued at $100,620,000. Finally, Man Group plc acquired a new stake in shares of Deckers Outdoor during the 2nd quarter valued at $82,448,000. Institutional investors own 97.79% of the company's stock.

Key Stories Impacting Deckers Outdoor

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

About Deckers Outdoor

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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