Deckers Outdoor (NYSE:DECK) Given New $125.00 Price Target at Needham & Company LLC

Deckers Outdoor (NYSE:DECK) had its price target decreased by stock analysts at Needham & Company LLC from $138.00 to $125.00 in a research report issued on Friday. The firm presently has a “buy” rating on the textile maker’s stock. Needham & Company LLC’s price target indicates a potential upside of 29.72% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Telsey Advisory Group set a $113.00 target price on shares of Deckers Outdoor in a research note on Friday, May 22nd. UBS Group raised their price target on shares of Deckers Outdoor from $145.00 to $161.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Barclays restated an “overweight” rating and set a $141.00 price target (down from $143.00) on shares of Deckers Outdoor in a report on Tuesday, May 26th. Argus set a $128.00 price objective on shares of Deckers Outdoor in a research report on Friday, May 29th. Finally, Truist Financial set a $125.00 price objective on shares of Deckers Outdoor and gave the company a “buy” rating in a research note on Friday, May 22nd. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Deckers Outdoor has an average rating of “Hold” and a consensus target price of $119.05.

Deckers Outdoor Stock Down 6.0%

Shares of DECK opened at $96.36 on Friday. The business’s fifty day moving average is $106.08 and its 200 day moving average is $106.11. Deckers Outdoor has a 12-month low of $78.91 and a 12-month high of $126.50. The stock has a market cap of $13.38 billion, a P/E ratio of 13.69, a P/E/G ratio of 2.02 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 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. Deckers Outdoor’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.93 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. On average, analysts expect that Deckers Outdoor will post 7.46 EPS for the current year.

Institutional Investors Weigh In On Deckers Outdoor

A number of hedge funds have recently made changes to their positions in the business. Rakuten Securities Inc. increased its position in Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 100 shares during the period. Costello Asset Management INC lifted its position in shares of Deckers Outdoor by 14.3% in the 1st quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock worth $80,000 after purchasing an additional 100 shares during the period. Hilton Head Capital Partners LLC lifted its position in shares of Deckers Outdoor by 29.8% in the 1st quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock worth $44,000 after purchasing an additional 101 shares during the period. GW Henssler & Associates Ltd. boosted its stake in shares of Deckers Outdoor by 5.8% during the fourth quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock valued at $224,000 after purchasing an additional 118 shares in the last quarter. Finally, Cim LLC boosted its stake in shares of Deckers Outdoor by 1.1% during the first quarter. Cim LLC now owns 12,207 shares of the textile maker’s stock valued at $1,222,000 after purchasing an additional 133 shares in the last quarter. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor News Roundup

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

Deckers Outdoor Company Profile

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.