Deckers Outdoor (NYSE:DECK) Given New $105.00 Price Target at Truist Financial

Deckers Outdoor (NYSE:DECK) had its price objective lowered by Truist Financial from $125.00 to $105.00 in a research note released on Friday,Benzinga reports. The brokerage currently has a buy rating on the textile maker’s stock.

DECK has been the subject of a number of other research reports. Piper Sandler reaffirmed a “neutral” rating on shares of Deckers Outdoor in a report on Thursday, June 11th. Barclays set a $133.00 price target on Deckers Outdoor and gave the company an “overweight” rating in a research note on Friday. KeyCorp reiterated a “sector weight” rating on shares of Deckers Outdoor in a report on Friday. UBS Group reissued a “buy” rating on shares of Deckers Outdoor in a research note on Friday. Finally, Zacks Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deckers Outdoor currently has an average rating of “Hold” and a consensus price target of $117.16.

Deckers Outdoor Stock Performance

Shares of DECK opened at $96.18 on Friday. The business’s fifty day moving average price is $106.13 and its two-hundred day moving average price is $106.04. The firm has a market capitalization of $13.36 billion, a price-to-earnings ratio of 13.64, a PEG ratio of 1.90 and a beta of 1.17. Deckers Outdoor has a 52 week low of $78.91 and a 52 week high of $126.50.

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, beating the consensus estimate of $0.88 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion. Deckers Outdoor had a return on equity of 40.59% and a net margin of 18.54%.The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, research analysts forecast that Deckers Outdoor will post 7.46 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DECK. Federated Hermes Inc. lifted its stake in shares of Deckers Outdoor by 374.1% in the 4th quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker’s stock valued at $326,531,000 after acquiring an additional 2,485,338 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Deckers Outdoor by 0.5% during the fourth quarter. Invesco Ltd. now owns 2,752,772 shares of the textile maker’s stock valued at $285,380,000 after purchasing an additional 12,350 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Deckers Outdoor by 340.5% during the fourth quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker’s stock worth $273,000,000 after purchasing an additional 2,035,517 shares during the last quarter. Norges Bank bought a new stake in shares of Deckers Outdoor during the fourth quarter worth about $252,729,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Deckers Outdoor by 123.2% in the first quarter. Bank of New York Mellon Corp now owns 1,803,021 shares of the textile maker’s stock valued at $180,464,000 after buying an additional 995,099 shares during the period. 97.79% of the stock is currently owned by institutional investors and hedge funds.

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

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.