Deckers Outdoor (NYSE:DECK) Announces FY 2027 Earnings Guidance

Deckers Outdoor (NYSE:DECK) updated its FY 2027 earnings guidance on Friday morning. The company provided earnings per share guidance of 7.800-7.950 for the period, compared to the consensus EPS estimate of 7.520. The company issued revenue guidance of $5.7 billion, compared to the consensus revenue estimate of $5.9 billion.

Deckers Outdoor Stock Down 4.9%

Deckers Outdoor stock traded down $4.16 during mid-day trading on Friday, hitting $81.12. 4,678,661 shares of the stock were exchanged, compared to its average volume of 2,538,952. Deckers Outdoor has a 12 month low of $77.20 and a 12 month high of $122.29. The firm’s fifty day simple moving average is $83.67 and its two-hundred day simple moving average is $97.00. The stock has a market capitalization of $11.05 billion, a price-to-earnings ratio of 11.48, a PEG ratio of 1.33 and a beta of 1.12.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the previous year, the company earned $0.93 EPS. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. As a group, analysts forecast that Deckers Outdoor will post 7.50 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Piper Sandler downgraded shares of Deckers Outdoor from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $100.00 to $75.00 in a research note on Friday. Barclays set a $100.00 price target on shares of Deckers Outdoor in a research report on Friday. Wolfe Research began coverage on Deckers Outdoor in a report on Wednesday. They set a “peer perform” rating for the company. Weiss Ratings lowered Deckers Outdoor from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, September 3rd. Finally, Needham & Company LLC dropped their price objective on Deckers Outdoor from $125.00 to $96.00 and set a “buy” rating on the stock in a research note on Friday. Nine equities research 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. According to data from MarketBeat.com, Deckers Outdoor has a consensus rating of “Hold” and an average target price of $102.00.

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

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.