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

Deckers Outdoor (NYSE:DECK) had its price objective cut by Telsey Advisory Group from $113.00 to $105.00 in a research note issued to investors on Friday morning, Marketbeat Ratings reports. They currently have a market perform rating on the textile maker’s stock.

Several other equities research analysts have also recently weighed in on the company. Argus set a $128.00 price target on Deckers Outdoor in a research report on Friday, May 29th. Piper Sandler reaffirmed a “neutral” rating on shares of Deckers Outdoor in a research note on Thursday, June 11th. Needham & Company LLC decreased their target price on shares of Deckers Outdoor from $138.00 to $125.00 and set a “buy” rating on the stock in a report on Friday. KeyCorp reiterated a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, May 22nd. Finally, Stifel Nicolaus set a $144.00 price target on shares of Deckers Outdoor in a research report on Friday, May 29th. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $117.16.

Deckers Outdoor Price Performance

NYSE:DECK opened at $96.18 on Friday. Deckers Outdoor has a 1 year low of $78.91 and a 1 year high of $126.50. The stock’s fifty day moving average price is $106.13 and its two-hundred day moving average price is $106.02. The company has a market cap of $13.36 billion, a P/E ratio of 13.64, a P/E/G ratio of 1.90 and a beta of 1.17.

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 the consensus estimate of $0.88 by $0.06. The company 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 41.51% and a net margin of 18.54%.The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. On average, analysts expect that Deckers Outdoor will post 7.44 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Deckers Outdoor

Several hedge funds have recently bought and sold shares of DECK. Federated Hermes Inc. raised its position in shares of Deckers Outdoor by 374.1% during the 4th quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker’s stock valued at $326,531,000 after buying an additional 2,485,338 shares in the last quarter. Norges Bank purchased a new position in Deckers Outdoor in the fourth quarter worth $252,729,000. AQR Capital Management LLC increased its stake in Deckers Outdoor by 340.5% in the fourth quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker’s stock valued at $273,000,000 after acquiring an additional 2,035,517 shares during the last quarter. Viking Global Investors LP bought a new position in Deckers Outdoor in the third quarter valued at $175,058,000. Finally, Marshall Wace LLP raised its position in Deckers Outdoor by 5,324.4% during the fourth quarter. Marshall Wace LLP now owns 1,498,106 shares of the textile maker’s stock valued at $155,309,000 after purchasing an additional 1,470,488 shares in the last quarter. 97.79% of the stock is currently owned by institutional investors.

Trending Headlines about Deckers Outdoor

Here are the key news stories impacting Deckers Outdoor this week:

• Positive Sentiment: Deckers beat Q1 earnings estimates, with EPS of $0.94 versus $0.88 expected, and revenue topped $1 billion for the first time, helped by continued strength in HOKA and UGG. Business Wire earnings release
• Positive Sentiment: The company raised its full-year EPS outlook to $7.35-$7.50 and highlighted stronger direct-to-consumer performance, suggesting management still sees healthy demand and better profitability potential. MSN forecast raise article
• Neutral Sentiment: Analysts remain constructive overall, but several lowered price targets after the report, including Truist, Needham, Telsey, and Baird, reflecting a more cautious near-term valuation view rather than a major change in the long-term story. Benzinga analyst update
• Negative Sentiment: Shares are reacting to guidance and cost concerns: investors were disappointed that tariff and freight pressures are expected to weigh on margins, and the stock fell even after the earnings beat. Zacks margin pressure article
• Negative Sentiment: Recent commentary from The Wall Street Journal noted that sales growth slowed in the quarter, which reinforces concerns that growth may be moderating even as HOKA continues to perform well. WSJ sales growth article

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.