Raymond James Financial Issues Pessimistic Forecast for Deckers Outdoor (NYSE:DECK) Stock Price

Deckers Outdoor (NYSE:DECK) had its price objective decreased by equities research analysts at Raymond James Financial from $105.00 to $92.00 in a research note issued to investors on Friday. Raymond James Financial‘s target price indicates a potential upside of 13.49% from the stock’s current price.

A number of other equities analysts have also issued reports on the company. Robert W. Baird set a $95.00 price target on Deckers Outdoor in a report on Friday. Barclays set a $100.00 price objective on shares of Deckers Outdoor in a research note on Friday. Stifel Nicolaus lowered their target price on Deckers Outdoor from $133.00 to $113.00 and set a “buy” rating on the stock in a report on Friday. Jefferies Financial Group cut their price objective on Deckers Outdoor from $130.00 to $120.00 and set a “hold” rating for the company in a research report on Friday. Finally, Piper Sandler cut shares of Deckers Outdoor from a “neutral” rating to an “underweight” rating and decreased their price target for the stock from $100.00 to $75.00 in a research note on Friday. Twelve research 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $106.58.

Deckers Outdoor Trading Down 4.9%

DECK stock traded down $4.21 during trading on Friday, hitting $81.07. 4,937,910 shares of the company’s stock were exchanged, compared to its average volume of 2,540,872. The business has a 50-day moving average price of $83.67 and a two-hundred day moving average price of $97.00. The stock has a market capitalization of $11.04 billion, a price-to-earnings ratio of 11.54, a PEG ratio of 1.33 and a beta of 1.12. Deckers Outdoor has a 52-week low of $77.20 and a 52-week 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 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 net margin of 18.54% and a return on equity of 41.51%. Deckers Outdoor’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.93 earnings per share. On average, equities research analysts anticipate that Deckers Outdoor will post 7.50 earnings per share for the current fiscal year.

Institutional Trading of Deckers Outdoor

A number of institutional investors have recently added to or reduced their stakes in the business. Orion Capital Management LLC purchased a new stake in shares of Deckers Outdoor during the 2nd quarter valued at about $30,000. Pension & Wealth Management Advisors Inc. acquired a new position in Deckers Outdoor during the 3rd quarter worth approximately $31,000. Continuum Advisory LLC purchased a new position in Deckers Outdoor in the 2nd quarter worth approximately $38,000. SBI Securities Co. Ltd. grew its position in Deckers Outdoor by 49.1% in the third quarter. SBI Securities Co. Ltd. now owns 601 shares of the textile maker’s stock valued at $47,000 after acquiring an additional 198 shares in the last quarter. Finally, Toth Financial Advisory Corp raised its stake in shares of Deckers Outdoor by 785.7% during the third quarter. Toth Financial Advisory Corp now owns 620 shares of the textile maker’s stock valued at $48,000 after purchasing an additional 550 shares during the period. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor News Roundup

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.