Deckers Outdoor (NYSE:DECK) Stock Gets Price Target Reduction from Sanford C. Bernstein

Deckers Outdoor (NYSE:DECK) had its price objective decreased by Sanford C. Bernstein from $105.00 to $100.00 in a report issued on Friday morning.

DECK has been the topic of a number of other reports. Truist Financial set a $95.00 price target on Deckers Outdoor and gave the stock a “buy” rating in a report on Friday. KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, July 24th. Stifel Nicolaus cut their price objective on shares of Deckers Outdoor from $133.00 to $113.00 and set a “buy” rating for the company in a report on Friday. The Goldman Sachs Group reiterated a “sell” rating and set a $75.00 price objective (down from $86.00) on shares of Deckers Outdoor in a research report on Friday. Finally, Weiss Ratings downgraded shares of Deckers Outdoor from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, September 3rd. Eleven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $105.79.

Deckers Outdoor Stock Down 0.1%

Shares of Deckers Outdoor stock opened at $81.00 on Friday. The stock’s 50-day simple moving average is $83.43 and its 200-day simple moving average is $96.85. Deckers Outdoor has a 52 week low of $77.20 and a 52 week high of $122.29. The company has a market capitalization of $11.04 billion, a price-to-earnings ratio of 10.74, a PEG ratio of 1.21 and a beta of 1.12.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data 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 firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. Deckers Outdoor had a return on equity of 42.42% and a net margin of 19.18%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.93 earnings per share. On average, equities analysts expect that Deckers Outdoor will post 7.78 earnings per share for the current year.

Hedge Funds Weigh In On Deckers Outdoor

Several hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Deckers Outdoor in the second quarter valued at approximately $1,343,613,000. Bank of New York Mellon Corp purchased a new position in Deckers Outdoor during the 2nd quarter worth $170,905,000. Caisse de depot et placement du Quebec purchased a new position in Deckers Outdoor during the 2nd quarter worth $119,656,000. Deutsche Bank AG bought a new stake in Deckers Outdoor during the 2nd quarter valued at $100,620,000. Finally, Man Group plc purchased a new stake in shares of Deckers Outdoor in the 2nd quarter worth $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

Deckers Outdoor Company Profile

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.