Deckers Outdoor (NYSE:DECK) Price Target Lowered to $105.00 at Telsey Advisory Group

Deckers Outdoor (NYSE:DECK) had its price target reduced by equities researchers at Telsey Advisory Group from $113.00 to $105.00 in a report released on Friday. The firm currently has a “market perform” rating on the textile maker’s stock. Telsey Advisory Group’s price target would indicate a potential upside of 8.96% from the stock’s current price.

Several other equities research analysts have also weighed in on DECK. Wells Fargo & Company lowered shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $115.00 to $90.00 in a research note on Friday, May 8th. Argus set a $128.00 target price on shares of Deckers Outdoor in a report on Friday, May 29th. Barclays restated an “overweight” rating and issued a $141.00 target price (down from $143.00) on shares of Deckers Outdoor in a research note on Tuesday, May 26th. Stifel Nicolaus set a $144.00 target price on Deckers Outdoor in a report on Friday, May 29th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $105.00 price target on shares of Deckers Outdoor in a research report on Friday, May 22nd. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $119.05.

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $96.36 on Friday. Deckers Outdoor has a 12 month low of $78.91 and a 12 month high of $126.50. The company has a fifty day moving average price of $106.08 and a two-hundred day moving average price of $106.11. The company has a market cap of $13.38 billion, a PE ratio of 13.69, a P/E/G ratio of 2.02 and a beta of 1.17.

Deckers Outdoor (NYSE:DECK) last issued its earnings results 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. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the prior year, the company earned $0.93 earnings per share. The firm’s revenue was up 5.7% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. Equities research analysts anticipate that Deckers Outdoor will post 7.46 earnings per share for the current year.

Institutional Investors Weigh In On Deckers Outdoor

Several large investors have recently made changes to their positions in the company. Trust Asset Management LLC bought a new stake in shares of Deckers Outdoor during the second quarter valued at approximately $159,000. Tema ETFs LLC grew its holdings in Deckers Outdoor by 5.6% in the 2nd quarter. Tema ETFs LLC now owns 2,734 shares of the textile maker’s stock worth $271,000 after buying an additional 145 shares in the last quarter. Community Financial Services Group LLC bought a new position in Deckers Outdoor in the 2nd quarter worth approximately $96,000. Fulton Bank N.A. increased its position in Deckers Outdoor by 4.1% in the 2nd quarter. Fulton Bank N.A. now owns 6,569 shares of the textile maker’s stock valued at $652,000 after acquiring an additional 258 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its position in Deckers Outdoor by 3.1% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 15,429 shares of the textile maker’s stock valued at $1,532,000 after acquiring an additional 468 shares during the period. 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 beat first-quarter earnings expectations, reporting $0.94 per share versus the $0.88 consensus, and revenue rose 5.7% year over year to just over $1 billion for the first time. Deckers Brands Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Growth was driven by strong demand for HOKA and UGG, with HOKA sales up 7.7%, UGG up 4.9%, and international sales rising 8.4%, while gross margin improved to 56.4%. Deckers Outdoor Q1: The Thesis Is Still Intact
• Neutral Sentiment: Investor attention is centered on the earnings call and management’s outlook, after Deckers said it expects FY2027 EPS of $7.35 to $7.50, slightly below the Street’s estimate. Deckers Outdoor Corporation (DECK) Q1 2027 Earnings Call Transcript
• Neutral Sentiment: Analysts and traders were already watching DECK ahead of earnings, with call buying and neutral ratings suggesting expectations were mixed heading into the report. Call Traders Eye Deckers Outdoor Stock Ahead of Earnings
• Negative Sentiment: Despite the strong quarter, higher SG&A spending rose 12.7%, which pressured operating income and likely contributed to a cautious reaction to the results. Deckers Outdoor Q1: The Thesis Is Still Intact
• Negative Sentiment: The stock is also reacting to guidance that came in a bit light versus expectations, even though the company reaffirmed a strong long-term growth story. Deckers Outdoor beats FQ1 profit estimates, but guidance disappoints

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.