Deckers Outdoor (NYSE:DECK) Stock Price Target Cut by Sanford C. Bernstein

Deckers Outdoor (NYSE:DECK) had its price objective dropped by Sanford C. Bernstein from $105.00 to $100.00 in a note issued to investors on Friday. Sanford C. Bernstein‘s target price would suggest a potential upside of 23.36% from the company’s previous close.

Other equities analysts also recently issued reports about the company. Robert W. Baird set a $95.00 price target on Deckers Outdoor in a research report on Friday. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, July 24th. BMO Capital Markets initiated coverage on Deckers Outdoor in a research report on Tuesday, September 8th. They set an “underperform” rating and a $70.00 target price on the stock. UBS Group set a $137.00 price target on Deckers Outdoor in a research note on Friday. Finally, Stifel Nicolaus cut their price objective on shares of Deckers Outdoor from $133.00 to $113.00 and set a “buy” rating on the stock in a report on Friday. Twelve investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $106.58.

Deckers Outdoor Price Performance

Shares of DECK stock traded down $4.21 during mid-day trading on Friday, hitting $81.07. The stock had a trading volume of 4,937,910 shares, compared to its average volume of 2,540,872. Deckers Outdoor has a 12-month low of $77.20 and a 12-month high of $122.29. The firm’s 50-day moving average is $83.67 and its two-hundred day moving average is $97.00. The firm has a market capitalization of $11.04 billion, a P/E ratio of 11.54, a price-to-earnings-growth ratio of 1.33 and a beta of 1.12.

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, topping the consensus estimate of $0.88 by $0.06. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. 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 prior year, the company earned $0.93 EPS. The company’s revenue was up 5.7% compared to the same quarter last year. Analysts expect that Deckers Outdoor will post 7.50 EPS for the current year.

Institutional Investors Weigh In On Deckers Outdoor

Hedge funds have recently bought and sold shares of the stock. Orion Capital Management LLC acquired a new position in shares of Deckers Outdoor during the second quarter worth $30,000. Pension & Wealth Management Advisors Inc. purchased a new stake in Deckers Outdoor during the 3rd quarter worth about $31,000. Continuum Advisory LLC purchased a new stake in Deckers Outdoor during the 2nd quarter worth about $38,000. SBI Securities Co. Ltd. boosted its position in shares of Deckers Outdoor by 49.1% during the 3rd quarter. SBI Securities Co. Ltd. now owns 601 shares of the textile maker’s stock worth $47,000 after acquiring an additional 198 shares in the last quarter. Finally, Toth Financial Advisory Corp boosted its position in shares of Deckers Outdoor by 785.7% during the 3rd quarter. Toth Financial Advisory Corp now owns 620 shares of the textile maker’s stock worth $48,000 after acquiring an additional 550 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Key Deckers Outdoor News

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

• Positive Sentiment: Deckers reported fiscal second-quarter adjusted earnings of approximately $2.03–$2.31 per share, above analyst expectations near $1.79–$1.82. Revenue rose about 3.5% year over year to $1.48 billion, while HOKA revenue increased 7% to $677 million. Deckers Beats Q2 Earnings Estimates
• Positive Sentiment: Management said HOKA and UGG continue to retain full pricing power, and disciplined inventory and marketplace management helped support margins. Analysts at Truist, Stifel and Needham maintained “buy” ratings despite lowering their price targets, leaving substantial implied upside from current levels. Deckers Retains Pricing Power
• Neutral Sentiment: Deckers appointed Rati Sahi Levesque to its board of directors. The governance change is unlikely to be a major near-term stock catalyst. Deckers Appoints New Director
• Negative Sentiment: Fiscal 2027 revenue guidance was reduced to approximately $5.7 billion–$5.725 billion, below the roughly $5.9 billion consensus estimate. Management cited slower expected growth for HOKA and UGG and higher U.S. promotions, while second-quarter revenue also missed estimates of about $1.51 billion. Deckers Cuts Sales Outlook
• Negative Sentiment: The outlook cut reinforced concerns that aggressive discounting by competitors is pressuring premium footwear demand and could make Deckers’ growth less durable. Truist lowered its price target to $95 from $105, while other firms also reduced targets, despite retaining positive ratings. Premium Footwear Discounts Pressure Deckers

About Deckers Outdoor

Deckers Outdoor Corporation, doing business as Deckers Brands (NYSE: DECK), is a global footwear, apparel and accessories company. Its portfolio includes UGG, known for sheepskin and casual footwear; HOKA, which focuses on performance and running shoes; Teva, which offers outdoor and sport sandals and footwear; and Koolaburra by UGG, a lifestyle footwear brand.

The company sells its products through department and specialty stores, independent retailers, international distributors, company-owned retail stores and e-commerce websites.