Jefferies Financial Group Has Lowered Expectations for Deckers Outdoor (NYSE:DECK) Stock Price

Deckers Outdoor (NYSE:DECK) had its price objective cut by equities research analysts at Jefferies Financial Group from $130.00 to $120.00 in a report released on Friday. The brokerage currently has a “hold” rating on the textile maker’s stock. Jefferies Financial Group‘s price target points to a potential upside of 48.03% from the stock’s current price.

DECK has been the topic of several other research reports. The Goldman Sachs Group reiterated a “sell” rating and issued a $75.00 target price (down from $86.00) on shares of Deckers Outdoor in a research note on Friday. Needham & Company LLC decreased their price target on shares of Deckers Outdoor from $125.00 to $96.00 and set a “buy” rating for the company in a research report on Friday. Piper Sandler cut shares of Deckers Outdoor from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $100.00 to $75.00 in a report on Friday. Weiss Ratings downgraded shares of Deckers Outdoor from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, September 3rd. Finally, Stifel Nicolaus reduced their price objective on shares of Deckers Outdoor from $133.00 to $113.00 and set a “buy” rating for the company in a research note on Friday. Twelve investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $106.58.

Deckers Outdoor Stock Performance

Deckers Outdoor stock traded down $4.21 during mid-day trading on Friday, reaching $81.07. 4,937,910 shares of the company were exchanged, compared to its average volume of 2,540,872. The business has a fifty day moving average of $83.67 and a 200 day moving average of $97.00. The firm has a market cap of $11.04 billion, a P/E ratio of 11.54, a PEG ratio of 1.33 and a beta of 1.12. Deckers Outdoor has a 12-month low of $77.20 and a 12-month high of $122.29.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate 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 was up 5.7% compared to the same quarter last year. During the same period last year, the business posted $0.93 EPS. Sell-side analysts predict that Deckers Outdoor will post 7.50 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Danske Bank A S acquired a new stake in Deckers Outdoor in the 2nd quarter worth approximately $46,235,000. CX Institutional increased its stake in Deckers Outdoor by 41.0% during the 3rd quarter. CX Institutional now owns 65,089 shares of the textile maker’s stock valued at $5,343,000 after purchasing an additional 18,921 shares in the last quarter. Private Wealth Advisors LLC acquired a new position in Deckers Outdoor during the 2nd quarter valued at approximately $4,634,000. TD Waterhouse Canada Inc. raised its holdings in shares of Deckers Outdoor by 2,708.0% in the third quarter. TD Waterhouse Canada Inc. now owns 30,663 shares of the textile maker’s stock worth $2,396,000 after buying an additional 29,571 shares during the last quarter. Finally, State of Alaska Department of Revenue lifted its stake in shares of Deckers Outdoor by 1,365.9% during the third quarter. State of Alaska Department of Revenue now owns 203,898 shares of the textile maker’s stock worth $15,933,000 after buying an additional 189,989 shares during the period. 97.79% of the stock is owned by institutional investors and hedge funds.

Key Deckers Outdoor News

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

• Positive Sentiment: Deckers reported fiscal second-quarter adjusted earnings of approximately $2.03–$2.31 per share, above analyst expectations near $1.79–$1.82. Revenue rose about 3.5% year over year to $1.48 billion, while HOKA revenue increased 7% to $677 million. Deckers Beats Q2 Earnings Estimates
• Positive Sentiment: Management said HOKA and UGG continue to retain full pricing power, and disciplined inventory and marketplace management helped support margins. Analysts at Truist, Stifel and Needham maintained “buy” ratings despite lowering their price targets, leaving substantial implied upside from current levels. Deckers Retains Pricing Power
• Neutral Sentiment: Deckers appointed Rati Sahi Levesque to its board of directors. The governance change is unlikely to be a major near-term stock catalyst. Deckers Appoints New Director
• Negative Sentiment: Fiscal 2027 revenue guidance was reduced to approximately $5.7 billion–$5.725 billion, below the roughly $5.9 billion consensus estimate. Management cited slower expected growth for HOKA and UGG and higher U.S. promotions, while second-quarter revenue also missed estimates of about $1.51 billion. Deckers Cuts Sales Outlook
• Negative Sentiment: The outlook cut reinforced concerns that aggressive discounting by competitors is pressuring premium footwear demand and could make Deckers’ growth less durable. Truist lowered its price target to $95 from $105, while other firms also reduced targets, despite retaining positive ratings. Premium Footwear Discounts Pressure Deckers

About Deckers Outdoor

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.