Telsey Advisory Group Estimates Deckers Outdoor Q2 Earnings

Key Points

• Analysts at Telsey Advisory Group have lowered their Q2 2026 earnings per share estimate for Deckers Outdoor from $1.63 to $1.56, maintaining a "Market Perform" rating with a price target of $120.00.
• Deckers Outdoor recently reported Q2 earnings of $0.93 per share, exceeding expectations of $0.68, with revenue reaching $964.54 million, up 16.9% year-over-year.
• The company has initiated a share repurchase plan, authorizing the buyback of up to $2.25 billion in outstanding shares, indicating management's belief that the stock is undervalued.

Deckers Outdoor Corporation (NYSE:DECK - Free Report) - Equities research analysts at Telsey Advisory Group dropped their Q2 2026 EPS estimates for shares of Deckers Outdoor in a note issued to investors on Friday, July 25th. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will post earnings of $1.56 per share for the quarter, down from their previous estimate of $1.63. Telsey Advisory Group currently has a "Market Perform" rating and a $120.00 target price on the stock. The consensus estimate for Deckers Outdoor's current full-year earnings is $5.89 per share. Telsey Advisory Group also issued estimates for Deckers Outdoor's Q3 2026 earnings at $2.96 EPS, FY2026 earnings at $6.38 EPS, Q1 2027 earnings at $0.99 EPS, Q2 2027 earnings at $1.73 EPS, Q3 2027 earnings at $3.20 EPS, Q4 2027 earnings at $1.02 EPS and FY2027 earnings at $6.95 EPS.

Deckers Outdoor (NYSE:DECK - Get Free Report) last issued its earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.68 by $0.25. The company had revenue of $964.54 million during the quarter, compared to analysts' expectations of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The business's revenue for the quarter was up 16.9% compared to the same quarter last year. During the same period in the previous year, the company earned $4.52 EPS.

A number of other research firms have also weighed in on DECK. The Goldman Sachs Group reduced their target price on shares of Deckers Outdoor from $90.00 to $87.00 and set a "sell" rating on the stock in a report on Tuesday, July 22nd. Piper Sandler reduced their target price on shares of Deckers Outdoor from $210.00 to $100.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Wells Fargo & Company boosted their target price on shares of Deckers Outdoor from $90.00 to $100.00 and gave the stock an "equal weight" rating in a report on Friday, July 25th. Evercore ISI set a $115.00 target price on shares of Deckers Outdoor and gave the stock an "in-line" rating in a report on Friday, July 25th. Finally, Cowen restated a "buy" rating on shares of Deckers Outdoor in a research report on Tuesday, May 20th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of "Hold" and an average price target of $137.50.

Deckers Outdoor Stock Performance

Shares of Deckers Outdoor stock traded down $2.92 during midday trading on Monday, hitting $107.68. 590,967 shares of the company traded hands, compared to its average volume of 3,468,549. The stock has a market cap of $16.00 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 7.11 and a beta of 0.99. The firm's fifty day moving average price is $105.31 and its 200-day moving average price is $127.75. Deckers Outdoor has a 12 month low of $93.72 and a 12 month high of $223.98.

Deckers Outdoor announced that its Board of Directors has authorized a share repurchase plan on Thursday, May 22nd that authorizes the company to repurchase $2.25 billion in outstanding shares. This repurchase authorization authorizes the textile maker to repurchase up to 11.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $109.08, for a total transaction of $32,724.00. Following the completion of the transaction, the director owned 10,681 shares in the company, valued at $1,165,083.48. This trade represents a 2.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Cindy L. Davis bought 1,825 shares of the business's stock in a transaction on Friday, June 6th. The shares were acquired at an average price of $109.76 per share, with a total value of $200,312.00. Following the transaction, the director directly owned 13,340 shares of the company's stock, valued at approximately $1,464,198.40. This trade represents a 15.85% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On Deckers Outdoor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DECK. Marks Group Wealth Management Inc raised its stake in Deckers Outdoor by 15.4% in the first quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker's stock valued at $7,033,000 after purchasing an additional 8,410 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Deckers Outdoor by 17.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker's stock valued at $1,997,000 after purchasing an additional 2,706 shares in the last quarter. Park Avenue Securities LLC raised its stake in Deckers Outdoor by 32.3% in the first quarter. Park Avenue Securities LLC now owns 26,929 shares of the textile maker's stock valued at $3,011,000 after purchasing an additional 6,569 shares in the last quarter. Principal Financial Group Inc. raised its stake in Deckers Outdoor by 17.7% in the first quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker's stock valued at $65,716,000 after purchasing an additional 88,179 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in Deckers Outdoor in the first quarter valued at approximately $493,000. Institutional investors own 97.79% of the company's stock.

About Deckers Outdoor

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.