Deckers Outdoor (NYSE:DECK) Cut to Hold at Baird R W

Baird R W downgraded shares of Deckers Outdoor (NYSE:DECK) from a strong-buy rating to a hold rating in a research note released on Wednesday morning,Zacks.com reports.

Other equities research analysts have also recently issued research reports about the stock. TD Cowen cut their price target on shares of Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Piper Sandler cut Deckers Outdoor from a “neutral” rating to an “underweight” rating and cut their target price for the stock from $100.00 to $85.00 in a research note on Wednesday. Truist Financial set a $105.00 price target on Deckers Outdoor and gave the company a “buy” rating in a report on Friday, October 24th. Barclays dropped their price objective on Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating for the company in a report on Monday, October 27th. Finally, Cowen reissued a “buy” rating on shares of Deckers Outdoor in a research note on Friday, October 24th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Deckers Outdoor has an average rating of “Hold” and an average target price of $116.79.

Deckers Outdoor Trading Down 3.3%

NYSE DECK opened at $103.78 on Wednesday. The firm has a market cap of $15.13 billion, a PE ratio of 15.38, a price-to-earnings-growth ratio of 4.84 and a beta of 1.15. Deckers Outdoor has a 1-year low of $78.91 and a 1-year high of $223.98. The stock has a 50-day moving average of $94.24 and a 200-day moving average of $101.70.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.24. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the company earned $1.59 EPS. Deckers Outdoor’s revenue for the quarter was up 9.1% compared to the same quarter last year. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. As a group, equities research analysts forecast that Deckers Outdoor will post 5.89 earnings per share for the current fiscal year.

Insider Activity at Deckers Outdoor

In related news, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $81.45, for a total value of $118,917.00. Following the sale, the insider owned 34,020 shares in the company, valued at $2,770,929. This represents a 4.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Deckers Outdoor

Large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its stake 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 valued at $454,662,000 after purchasing an additional 114,779 shares during the period. Invesco Ltd. grew its position in Deckers Outdoor by 19.4% during the second quarter. Invesco Ltd. now owns 2,781,218 shares of the textile maker’s stock valued at $286,660,000 after buying an additional 452,081 shares during the period. Norges Bank purchased a new stake in Deckers Outdoor during the second quarter valued at approximately $223,036,000. Viking Global Investors LP purchased a new position in shares of Deckers Outdoor during the 3rd quarter worth $175,058,000. Finally, Northern Trust Corp grew its position in shares of Deckers Outdoor by 3.6% during the 3rd quarter. Northern Trust Corp now owns 1,721,542 shares of the textile maker’s stock valued at $174,513,000 after acquiring an additional 60,029 shares during the period. Institutional investors own 97.79% of the company’s stock.

More Deckers Outdoor News

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

• Positive Sentiment: Technical momentum: DECK recently crossed back above both the 20-day and 200-day moving averages, which traders view as short- and long-term bullish signs that can attract momentum buyers. Deckers (DECK) Just Reclaimed the 20-Day Moving Average Deckers (DECK) Just Overtook the 200-Day Moving Average
• Positive Sentiment: Earnings momentum: Analysts note Deckers’ strong history of beating estimates and expect another potential upside to consensus in the next report—supportive for upside surprises and short-term rallies. Will Deckers (DECK) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Sentiment floor argued: Media/commentary suggests some investors (including influential commentators) think much of the near-term downside may already be priced in after a steep one-year decline, which can stabilize buyer interest. Jim Cramer Says “I Think Most of the Pain in Deckers and HOKA Is Already Baked In” Is Deckers Outdoor (DECK) Pricing Look Interesting After A 48% One Year Share Decline
• Neutral Sentiment: Short-interest analysis: Coverage highlights recent short interest levels—useful for assessing squeeze risk but not definitive on direction absent a catalyst. Looking Into Deckers Outdoor Corp’s Recent Short Interest
• Neutral Sentiment: Analyst coverage & media mentions: Deckers appears in lists of stocks with potential estimate revisions and in top-analyst call roundups—information flows that can amplify moves but are ambiguous by themselves. 3 Stocks With Analyst Revisions That Could Drive Earnings Surprises Taiwan Semiconductor, Deckers, Wayfair: Top Analyst Calls
• Negative Sentiment: Sell-side shifts: Needham removed Deckers from its conviction buy list in favor of VF Corp, and Baird downgraded DECK from strong-buy to hold (and reiterated neutral). Those moves reduce institutional conviction and can pressure the stock. EXEC: Needham Downgrades Nike, Replaces Deckers Outdoor with VF Corp. On Conviction List Robert W. Baird Reiterates “Neutral” Rating for Deckers Outdoor (NYSE:DECK)

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.