Deckers Outdoor (NYSE:DECK) Stock Gets Price Target Trim from Needham & Company LLC

Deckers Outdoor (NYSE:DECK) had its price objective decreased by Needham & Company LLC from $125.00 to $96.00 in a research note published on Friday, Marketbeat.com reports. Needham & Company LLC currently has a buy rating on the textile maker’s stock.

Other equities analysts have also recently issued research reports about the company. Truist Financial cut their price objective on Deckers Outdoor from $125.00 to $105.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Barclays set a $133.00 target price on Deckers Outdoor and gave the stock an “overweight” rating in a research note on Friday, July 24th. Wells Fargo & Company restated an “underweight” rating and set a $85.00 target price (down from $90.00) on shares of Deckers Outdoor in a report on Friday, July 24th. UBS Group set a $137.00 target price on shares of Deckers Outdoor and gave the stock a “buy” rating in a report on Friday. Finally, Weiss Ratings lowered shares of Deckers Outdoor from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, September 3rd. Eleven analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $105.79.

Deckers Outdoor Trading Down 0.1%

DECK stock opened at $81.00 on Friday. The business’s 50-day moving average price is $83.43 and its two-hundred day moving average price is $96.85. The firm has a market cap of $11.04 billion, a PE ratio of 10.74, a P/E/G ratio of 1.21 and a beta of 1.12. Deckers Outdoor has a 1-year low of $77.20 and a 1-year high of $122.29.

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, beating analysts’ consensus estimates of $0.88 by $0.06. The firm 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 42.42% and a net margin of 19.18%. The company’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.93 earnings per share. On average, analysts forecast that Deckers Outdoor will post 7.78 earnings per share for the current year.

Institutional Trading of Deckers Outdoor

Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Deckers Outdoor during the second quarter worth about $1,343,613,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Deckers Outdoor by 21.5% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,116,595 shares of the textile maker’s stock worth $210,157,000 after buying an additional 374,923 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Deckers Outdoor by 123.2% during the first quarter. Bank of New York Mellon Corp now owns 1,803,021 shares of the textile maker’s stock worth $180,464,000 after buying an additional 995,099 shares in the last quarter. Amundi raised its position in Deckers Outdoor by 13.2% in the 1st quarter. Amundi now owns 1,611,174 shares of the textile maker’s stock valued at $161,262,000 after buying an additional 187,702 shares during the last quarter. Finally, Caisse de depot et placement du Quebec acquired a new stake in Deckers Outdoor in the 2nd quarter valued at approximately $119,656,000. Institutional investors and hedge funds 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: 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.