Deckers Outdoor (NYSE:DECK) Updates FY 2026 Earnings Guidance

Deckers Outdoor (NYSE:DECK) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 6.800-6.850 for the period, compared to the consensus earnings per share estimate of 6.410. The company issued revenue guidance of $5.4 billion-$5.4 billion, compared to the consensus revenue estimate of $5.4 billion.

Analyst Ratings Changes

DECK has been the subject of a number of analyst reports. KeyCorp upgraded shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Evercore ISI dropped their price target on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating on the stock in a research note on Friday, October 17th. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Wednesday, January 21st. Raymond James Financial set a $115.00 price objective on Deckers Outdoor and gave the company a “strong-buy” rating in a report on Friday, October 24th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $105.00 target price on shares of Deckers Outdoor in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $118.30.

Deckers Outdoor Price Performance

NYSE DECK opened at $99.91 on Friday. The business has a 50 day moving average price of $99.51 and a 200 day moving average price of $101.36. The company has a market capitalization of $14.56 billion, a P/E ratio of 14.80, a PEG ratio of 4.40 and a beta of 1.15. Deckers Outdoor has a 1-year low of $78.91 and a 1-year high of $223.98.

Key Headlines Impacting Deckers Outdoor

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

• Positive Sentiment: Q3 beat on both profit and sales — Deckers reported EPS of $3.33 vs. $2.77 expected and revenue of $1.96B vs. $1.87B consensus, signaling healthier demand and margin resilience. Earnings Report
• Positive Sentiment: Company raised FY26 guidance — Deckers now expects EPS $6.80–$6.85 (consensus ~$6.41) and net sales $5.40B–$5.425B (vs. ~ $5.36B consensus), giving analysts more room to lift estimates. Reuters: Raises Forecasts
• Positive Sentiment: Top brands driving results — HOKA grew high‑teens with ~$629M in revenue and UGG revenue rose ~4.9% to $1.305B, offsetting weakness in smaller brands and supporting pricing power. WSJ: HOKA & UGG Growth
• Neutral Sentiment: After‑hours market reaction and sentiment mix — Shares surged in after‑hours trading on the beat‑and‑raise, which may prompt revisions to targets but analysts remain measured given scale and reinvestment plans. MarketBeat: Stock Reaction
• Neutral Sentiment: Analyst activity mixed — Jefferies reaffirmed a hold in commentary while another note raised a price target to $105; expect staggered analyst upgrades as consensus incorporates the new guidance. Jefferies Hold PT Raised
• Negative Sentiment: Tariff headwind and margin pressure — Management quantified an ~ $110M FY26 tariff hit (Q3 was the largest rate impact) and reported gross margin slightly below forecasts (59.8% vs. ~60.3%), keeping margin upside conditional on tariff outcomes. Tariff Impact
• Negative Sentiment: Mixed brand performance beyond leaders — while HOKA and UGG were strong, other brands saw meaningful declines (reported ~56% drop), highlighting concentration risk if growth at the top brands slows. Brand Mix Risk

Institutional Trading of Deckers Outdoor

Several institutional investors and hedge funds have recently modified their holdings of the business. Viking Global Investors LP purchased a new position in shares of Deckers Outdoor during the 3rd quarter worth approximately $175,058,000. Northern Trust Corp grew its holdings in Deckers Outdoor by 3.6% during the 3rd quarter. Northern Trust Corp now owns 1,721,542 shares of the textile maker’s stock valued at $174,513,000 after buying an additional 60,029 shares during the last quarter. Wellington Management Group LLP increased its position in Deckers Outdoor by 12.9% during the third quarter. Wellington Management Group LLP now owns 1,445,580 shares of the textile maker’s stock worth $146,538,000 after buying an additional 165,384 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its position in Deckers Outdoor by 29.9% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,442,771 shares of the textile maker’s stock worth $146,254,000 after buying an additional 331,794 shares in the last quarter. Finally, Epoch Investment Partners Inc. raised its holdings in shares of Deckers Outdoor by 10.2% in the third quarter. Epoch Investment Partners Inc. now owns 1,267,646 shares of the textile maker’s stock worth $128,501,000 after acquiring an additional 117,328 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Company Profile

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.