Needham & Company LLC Cuts Deckers Outdoor (NYSE:DECK) Price Target to $125.00

Deckers Outdoor (NYSE:DECK) had its price target cut by Needham & Company LLC from $138.00 to $125.00 in a research note published on Friday, MarketBeat reports. They currently have a buy rating on the textile maker’s stock.

A number of other brokerages have also weighed in on DECK. Argus set a $128.00 target price on Deckers Outdoor in a research note on Friday, May 29th. Wells Fargo & Company lowered Deckers Outdoor from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $115.00 to $90.00 in a report on Friday, May 8th. UBS Group increased their price objective on Deckers Outdoor from $145.00 to $161.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. KeyCorp reissued a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. Finally, Barclays restated an “overweight” rating and issued a $141.00 price target (down from $143.00) on shares of Deckers Outdoor in a research note on Tuesday, May 26th. Nine equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $117.16.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $96.18 on Friday. The company has a market capitalization of $13.36 billion, a price-to-earnings ratio of 13.64, a P/E/G ratio of 1.90 and a beta of 1.17. The business has a fifty day simple moving average of $106.13 and a two-hundred day simple moving average of $106.02. Deckers Outdoor has a 1 year low of $78.91 and a 1 year high of $126.50.

Deckers Outdoor (NYSE:DECK) last posted its earnings results 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 company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. Deckers Outdoor’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, equities analysts anticipate that Deckers Outdoor will post 7.44 earnings per share for the current fiscal year.

Institutional Trading of Deckers Outdoor

Several large investors have recently made changes to their positions in the company. Costello Asset Management INC lifted its stake in Deckers Outdoor by 14.3% during the first quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock worth $80,000 after purchasing an additional 100 shares during the last quarter. Rakuten Securities Inc. increased its stake in shares of Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 100 shares during the last quarter. Hilton Head Capital Partners LLC increased its stake in shares of Deckers Outdoor by 29.8% in the 1st quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock valued at $44,000 after purchasing an additional 101 shares during the last quarter. GW Henssler & Associates Ltd. raised its holdings in shares of Deckers Outdoor by 5.8% during the 4th quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock worth $224,000 after buying an additional 118 shares in the last quarter. Finally, Cim LLC lifted its position in shares of Deckers Outdoor by 1.1% during the 1st quarter. Cim LLC now owns 12,207 shares of the textile maker’s stock worth $1,222,000 after buying an additional 133 shares during the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor News Roundup

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

• Positive Sentiment: Deckers beat Q1 earnings estimates, with EPS of $0.94 versus $0.88 expected, and revenue topped $1 billion for the first time, helped by continued strength in HOKA and UGG. Business Wire earnings release
• Positive Sentiment: The company raised its full-year EPS outlook to $7.35-$7.50 and highlighted stronger direct-to-consumer performance, suggesting management still sees healthy demand and better profitability potential. MSN forecast raise article
• Neutral Sentiment: Analysts remain constructive overall, but several lowered price targets after the report, including Truist, Needham, Telsey, and Baird, reflecting a more cautious near-term valuation view rather than a major change in the long-term story. Benzinga analyst update
• Negative Sentiment: Shares are reacting to guidance and cost concerns: investors were disappointed that tariff and freight pressures are expected to weigh on margins, and the stock fell even after the earnings beat. Zacks margin pressure article
• Negative Sentiment: Recent commentary from The Wall Street Journal noted that sales growth slowed in the quarter, which reinforces concerns that growth may be moderating even as HOKA continues to perform well. WSJ sales growth article

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.