Deckers Outdoor (NYSE:DECK) Stock Price Target Cut by BNP Paribas Exane

Deckers Outdoor (NYSE:DECK) had its price objective decreased by investment analysts at BNP Paribas Exane from $184.00 to $122.00 in a research note issued to investors on Friday. BNP Paribas Exane‘s price target points to a potential upside of 50.49% from the company’s previous close.

A number of other equities research analysts also recently weighed in on DECK. KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, July 24th. Wolfe Research assumed coverage on Deckers Outdoor in a research report on Wednesday. They set a “peer perform” rating on the stock. Piper Sandler lowered Deckers Outdoor from a “neutral” rating to an “underweight” rating and reduced their price objective for the company from $100.00 to $75.00 in a research report on Friday. BMO Capital Markets initiated coverage on Deckers Outdoor in a research report on Tuesday, September 8th. They issued an “underperform” rating and a $70.00 target price for the company. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $90.00 target price on shares of Deckers Outdoor in a research note on Friday. Twelve research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $106.58.

Deckers Outdoor Trading Down 4.9%

Shares of DECK stock traded down $4.21 on Friday, hitting $81.07. 4,937,910 shares of the stock were exchanged, compared to its average volume of 2,540,872. The firm has a market capitalization of $11.04 billion, a PE ratio of 11.54, a P/E/G ratio of 1.33 and a beta of 1.12. Deckers Outdoor has a one year low of $77.20 and a one year high of $122.29. The firm’s 50 day moving average is $83.67 and its two-hundred day moving average is $97.00.

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, beating the consensus estimate of $0.88 by $0.06. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the previous year, the business earned $0.93 earnings per share. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. On average, sell-side analysts expect that Deckers Outdoor will post 7.50 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Deckers Outdoor in the second quarter worth $1,343,613,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Deckers Outdoor by 21.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,116,595 shares of the textile maker’s stock valued at $210,157,000 after buying an additional 374,923 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Deckers Outdoor by 123.2% during the 1st quarter. Bank of New York Mellon Corp now owns 1,803,021 shares of the textile maker’s stock valued at $180,464,000 after buying an additional 995,099 shares during the period. Amundi boosted its position in Deckers Outdoor by 13.2% during the 1st quarter. Amundi now owns 1,611,174 shares of the textile maker’s stock valued at $161,262,000 after buying an additional 187,702 shares during the period. Finally, Caisse de depot et placement du Quebec purchased a new stake in Deckers Outdoor during the 2nd quarter valued at $119,656,000. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor News Summary

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.