Zacks Research Expects Reduced Earnings for Deckers Outdoor

Key Points

• Zacks Research cut Deckers Outdoor’s Q2 fiscal 2027 EPS estimate to $1.77 from $1.90, while maintaining a Hold rating. The full-year consensus estimate is $7.50 per share.
• Deckers shares were down 3.8% and opened at $93.78, below their 50-day and 200-day moving averages. Analysts remain divided, with a consensus Hold rating and an average price target of $117.16.
• The company’s latest quarter modestly exceeded expectations, reporting $0.94 EPS versus the $0.88 consensus and $1.02 billion in revenue, up 5.7% year over year. Institutional investors own a substantial 97.79% of the stock.

Deckers Outdoor Corporation (NYSE:DECK - Free Report) - Analysts at Zacks Research decreased their Q2 2027 earnings per share (EPS) estimates for shares of Deckers Outdoor in a research report issued on Monday, August 10th. Zacks Research analyst Team now forecasts that the textile maker will earn $1.77 per share for the quarter, down from their prior estimate of $1.90. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Deckers Outdoor's current full-year earnings is $7.50 per share. Zacks Research also issued estimates for Deckers Outdoor's Q2 2028 earnings at $1.99 EPS.

A number of other research analysts have also issued reports on DECK. Barclays set a $133.00 target price on shares of Deckers Outdoor and gave the company an "overweight" rating in a report on Friday, July 24th. Wells Fargo & Company reissued an "underweight" rating and issued a $85.00 price objective on shares of Deckers Outdoor in a research report on Friday, July 24th. Argus set a $128.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 29th. KGI Securities lowered shares of Deckers Outdoor from an "outperform" rating to a "neutral" rating and set a $117.00 target price on the stock. in a research report on Friday, May 22nd. Finally, Piper Sandler reaffirmed a "neutral" rating on shares of Deckers Outdoor in a research note on Thursday, June 11th. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $117.16.

Deckers Outdoor Trading Down 3.8%

Deckers Outdoor stock opened at $93.78 on Wednesday. The stock has a 50-day moving average price of $104.32 and a 200 day moving average price of $105.72. Deckers Outdoor has a 52 week low of $78.91 and a 52 week high of $125.45. The stock has a market cap of $12.77 billion, a PE ratio of 13.30, a P/E/G ratio of 1.81 and a beta of 1.17.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, topping analysts' consensus estimates of $0.88 by $0.06. The company had revenue of $1.02 billion during 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 business's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS.

Institutional Trading of Deckers Outdoor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DECK. BlackRock Inc. purchased a new position in shares of Deckers Outdoor during the 2nd quarter worth about $1,343,613,000. Federated Hermes Inc. grew its holdings in Deckers Outdoor by 374.1% in the fourth quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker's stock valued at $326,531,000 after purchasing an additional 2,485,338 shares during the period. Invesco Ltd. grew its holdings in Deckers Outdoor by 0.5% in the fourth quarter. Invesco Ltd. now owns 2,752,772 shares of the textile maker's stock valued at $285,380,000 after purchasing an additional 12,350 shares during the period. AQR Capital Management LLC increased its position in Deckers Outdoor by 340.5% during the fourth quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker's stock worth $273,000,000 after purchasing an additional 2,035,517 shares during the last quarter. Finally, Norges Bank acquired a new position in Deckers Outdoor during the fourth quarter worth approximately $252,729,000. Hedge funds and other institutional investors own 97.79% of the company's stock.

Key Headlines Impacting Deckers Outdoor

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

• Positive Sentiment: A hammer chart pattern suggests that DECK may have found technical support after its recent weakness. Zacks said the pattern, combined with upward earnings-estimate revisions, could signal a near-term trend reversal. Deckers Could Find a Support Soon
• Positive Sentiment: Zacks Research raised its EPS forecasts for Deckers’ third quarter of fiscal 2027 to $3.69 from $3.61, fourth quarter to $1.09 from $1.05, fiscal 2027 to $7.49 from $7.45, fiscal 2028 to $8.38 from $8.26, and fiscal 2029 to $9.43 from $9.31. The upward revisions suggest improving expectations for the company’s longer-term earnings power. Deckers Outdoor Analyst Estimates
• Positive Sentiment: The Q4 fiscal 2028 EPS estimate was also increased to $1.32 from $1.25, reinforcing the favorable longer-term revision trend. Deckers Outdoor Earnings Estimates
• Neutral Sentiment: Despite the improved forecasts, Zacks Research maintained a Hold rating on Deckers Outdoor. The current-year consensus remains $7.49 EPS, suggesting analysts see potential but not enough evidence yet to issue a stronger recommendation.
• Neutral Sentiment: A separate Zacks report characterized DECK as a strong growth stock based on its Zacks Style Scores, offering a supportive fundamental backdrop but no new company-specific operating announcement. Why Deckers Is a Strong Growth Stock
• Negative Sentiment: Zacks trimmed its Q1 fiscal 2028 EPS estimate slightly to $1.03 from $1.04. While immaterial in size, the reduction indicates that near-term results may remain uneven.

About Deckers Outdoor

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company's product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.

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