Truist Financial Has Lowered Expectations for Deckers Outdoor (NYSE:DECK) Stock Price

Deckers Outdoor (NYSE:DECK) had its price target lowered by stock analysts at Truist Financial from $125.00 to $105.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the textile maker’s stock. Truist Financial’s target price indicates a potential upside of 9.17% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on DECK. Needham & Company LLC reduced their price objective on Deckers Outdoor from $138.00 to $125.00 and set a “buy” rating for the company in a report on Friday. Telsey Advisory Group lowered their target price on Deckers Outdoor from $113.00 to $105.00 and set a “market perform” rating on the stock in a research note on Friday. Raymond James Financial cut Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target for the company. in a report on Thursday, April 23rd. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $105.00 price objective on shares of Deckers Outdoor in a report on Friday, May 22nd. Nine investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $117.16.

Deckers Outdoor Price Performance

Shares of DECK opened at $96.18 on Friday. The company’s 50-day moving average is $106.13 and its 200-day moving average is $106.04. The firm has a market capitalization of $13.36 billion, a PE ratio of 13.64, a PEG ratio of 1.90 and a beta of 1.17. Deckers Outdoor has a fifty-two week low of $78.91 and a fifty-two week high of $126.50.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, July 23rd. The textile maker reported $0.94 EPS 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 40.59%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the previous year, the firm posted $0.93 EPS. Deckers Outdoor’s 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. Analysts predict that Deckers Outdoor will post 7.44 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Deckers Outdoor

Several institutional investors have recently made changes to their positions in the stock. Costello Asset Management INC raised its holdings in Deckers Outdoor by 14.3% in the 1st quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock valued at $80,000 after acquiring an additional 100 shares in the last quarter. Rakuten Securities Inc. grew its holdings in shares of Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after purchasing an additional 100 shares in the last quarter. Hilton Head Capital Partners LLC grew its holdings in shares of Deckers Outdoor by 29.8% during the 1st quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock worth $44,000 after purchasing an additional 101 shares in the last quarter. GW Henssler & Associates Ltd. grew its holdings in shares of Deckers Outdoor by 5.8% during the 4th quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock worth $224,000 after purchasing an additional 118 shares in the last quarter. Finally, Cim LLC increased its position in shares of Deckers Outdoor by 1.1% in the first quarter. Cim LLC now owns 12,207 shares of the textile maker’s stock worth $1,222,000 after purchasing an additional 133 shares during the period. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor News Roundup

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.