Deckers Outdoor Corporation (NYSE:DECK) Receives $136.26 Consensus Target Price from Brokerages

Deckers Outdoor Corporation (NYSE:DECK) has been assigned an average recommendation of “Moderate Buy” from the twenty-six ratings firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have issued a buy rating and three have given a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $136.00.

A number of analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a research note on Wednesday, October 8th. Bank of America increased their target price on Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. Needham & Company LLC reiterated a “buy” rating and issued a $128.00 target price (up previously from $120.00) on shares of Deckers Outdoor in a research note on Wednesday, July 23rd. Barclays increased their target price on Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a research note on Friday, September 12th. Finally, Zacks Research upgraded Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th.

Insider Activity

In other news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the transaction, the director owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Deckers Outdoor

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Deckers Outdoor by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock worth $1,984,339,000 after buying an additional 107,635 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Deckers Outdoor by 2.7% during the 2nd quarter. Geode Capital Management LLC now owns 4,427,639 shares of the textile maker’s stock worth $454,662,000 after buying an additional 114,779 shares in the last quarter. Invesco Ltd. grew its position in shares of Deckers Outdoor by 19.4% during the 2nd quarter. Invesco Ltd. now owns 2,781,218 shares of the textile maker’s stock worth $286,660,000 after buying an additional 452,081 shares in the last quarter. Norges Bank bought a new position in shares of Deckers Outdoor during the 2nd quarter worth $223,036,000. Finally, Federated Hermes Inc. grew its position in shares of Deckers Outdoor by 46.5% during the 2nd quarter. Federated Hermes Inc. now owns 1,705,634 shares of the textile maker’s stock worth $175,800,000 after buying an additional 541,657 shares in the last quarter. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Performance

NYSE:DECK opened at $99.89 on Thursday. The stock’s fifty day moving average is $109.12 and its 200 day moving average is $108.75. Deckers Outdoor has a fifty-two week low of $93.72 and a fifty-two week high of $223.98. The firm has a market capitalization of $14.82 billion, a PE ratio of 15.32, a PEG ratio of 3.82 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.25. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The company had revenue of $964.54 million for the quarter, compared to analyst estimates of $901.45 million. During the same quarter in the prior year, the firm posted $4.52 EPS. Deckers Outdoor’s quarterly revenue was up 16.9% compared to the same quarter last year. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Equities analysts forecast that Deckers Outdoor will post 5.89 EPS for the current year.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.