Deckers Outdoor (NYSE:DECK) Stock Price Target Cut by Stifel Nicolaus

Deckers Outdoor (NYSE:DECK) had its price objective reduced by equities researchers at Stifel Nicolaus from $133.00 to $113.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has a “buy” rating on the textile maker’s stock. Stifel Nicolaus‘s price target suggests a potential upside of 32.23% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Telsey Advisory Group reiterated a “market perform” rating and set a $105.00 target price on shares of Deckers Outdoor in a report on Thursday, October 15th. KeyCorp reissued a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, July 24th. BMO Capital Markets assumed coverage on Deckers Outdoor in a research report on Tuesday, September 8th. They issued an “underperform” rating and a $70.00 price objective on the stock. Robert W. Baird reduced their price objective on Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Finally, Weiss Ratings lowered Deckers Outdoor from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, September 3rd. Nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $107.79.

Deckers Outdoor Price Performance

Shares of DECK opened at $85.46 on Friday. The firm has a 50 day simple moving average of $83.67 and a 200-day simple moving average of $97.00. Deckers Outdoor has a 1-year low of $77.20 and a 1-year high of $122.29. The stock has a market cap of $11.64 billion, a price-to-earnings ratio of 12.12, a price-to-earnings-growth ratio of 1.33 and a beta of 1.12.

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. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the company earned $0.93 EPS. Deckers Outdoor’s revenue was up 5.7% on a year-over-year basis. On average, equities analysts expect that Deckers Outdoor will post 7.50 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Deckers Outdoor

Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. purchased a new stake in Deckers Outdoor in the 2nd quarter worth approximately $1,343,613,000. Bank of New York Mellon Corp purchased a new position in shares of Deckers Outdoor during the 2nd quarter worth $170,905,000. Caisse de depot et placement du Quebec purchased a new position in shares of Deckers Outdoor during the 2nd quarter worth $119,656,000. Deutsche Bank AG acquired a new stake in shares of Deckers Outdoor during the second quarter worth $100,620,000. Finally, Man Group plc acquired a new stake in shares of Deckers Outdoor during the second quarter worth $82,448,000. Hedge funds and other institutional investors 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: Fiscal second-quarter earnings exceeded expectations, supported by cost control and margin expansion. Reported revenue rose approximately 3.5% year over year to $1.48 billion, while earnings per share surpassed consensus estimates. Deckers Brands Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: HOKA revenue increased 7%, including 9% growth in wholesale sales, while UGG also contributed to revenue growth. Management said disciplined marketplace management helped protect profitability. Deckers Q2 2027 Earnings Call Highlights
• Neutral Sentiment: Deckers appointed Rati Sahi Levesque to its board of directors, adding a retail executive with relevant industry experience but no immediate financial impact. Deckers Appoints Rati Sahi Levesque to Board
• Negative Sentiment: Revenue of $1.48 billion fell short of the roughly $1.51 billion analyst consensus, making the profit beat less compelling to investors. Deckers Q2 Revenue Earnings Flash
• Negative Sentiment: Management lowered fiscal 2027 revenue guidance to $5.70 billion-$5.725 billion and forecast EPS of $7.80-$7.95, citing slower HOKA and UGG growth and higher U.S. promotional activity. Deckers Lowers Outlook Amid Higher Promotions
• Negative Sentiment: Investors are concerned that aggressive discounting by competitors is pressuring premium footwear brands, potentially forcing Deckers to increase promotions and weakening future margins. A tariff refund also boosted the quarter, raising concerns about the underlying quality of the earnings beat. Reuters: Discounts Pressure Premium Brands

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.