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

Deckers Outdoor (NYSE:DECK) had its price target reduced by Needham & Company LLC from $138.00 to $125.00 in a research report report published on Friday, MarketBeat.com reports. They currently have a buy rating on the textile maker’s stock.

Several other brokerages have also recently commented on DECK. Stifel Nicolaus set a $144.00 price target on shares of Deckers Outdoor in a research report on Friday, May 29th. Barclays reaffirmed an “overweight” rating and set a $141.00 price objective (down from $143.00) on shares of Deckers Outdoor in a research report on Tuesday, May 26th. Raymond James Financial lowered Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price for the company. in a report on Thursday, April 23rd. Argus set a $128.00 target price on Deckers Outdoor in a research note on Friday, May 29th. Finally, Zacks Research downgraded Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $117.16.

Deckers Outdoor Stock Performance

Shares of DECK opened at $96.18 on Friday. The company’s 50-day simple moving average is $106.13 and its 200-day simple moving average is $106.04. Deckers Outdoor has a 1 year low of $78.91 and a 1 year high of $126.50. The stock has a market capitalization of $13.36 billion, a PE 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 data 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. Deckers Outdoor had a net margin of 18.54% and a return on equity of 40.59%. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter in the previous year, the business posted $0.93 earnings per share. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. On average, sell-side analysts predict that Deckers Outdoor will post 7.46 earnings per share for the current year.

Institutional Investors Weigh In On Deckers Outdoor

A number of large investors have recently modified their holdings of DECK. Revolve Wealth Partners LLC acquired a new position in shares of Deckers Outdoor during the fourth quarter worth $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Deckers Outdoor by 3.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock valued at $1,858,000 after buying an additional 522 shares in the last quarter. Empowered Funds LLC lifted its holdings in Deckers Outdoor by 165.6% during the 1st quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock worth $1,145,000 after buying an additional 6,384 shares during the last quarter. Focus Partners Wealth lifted its holdings in Deckers Outdoor by 8.1% during the 1st quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock worth $773,000 after buying an additional 521 shares during the last quarter. Finally, Marshall Wace LLP boosted its position in shares of Deckers Outdoor by 163.2% during the 2nd quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock worth $1,062,000 after acquiring an additional 6,391 shares in the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting 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.