Deckers Outdoor (NYSE:DECK) Downgraded to “Outperform” Rating by Raymond James Financial

Raymond James Financial downgraded shares of Deckers Outdoor (NYSE:DECK) from a strong-buy rating to an outperform rating in a research note released on Thursday morning, MarketBeat reports. Raymond James Financial currently has $133.00 price objective on the textile maker’s stock.

A number of other research analysts also recently issued reports on the stock. Needham & Company LLC lifted their price objective on shares of Deckers Outdoor from $115.00 to $138.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Zacks Research cut shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Truist Financial set a $132.00 target price on shares of Deckers Outdoor in a research note on Friday, January 30th. Wells Fargo & Company set a $115.00 price target on shares of Deckers Outdoor and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and set a $92.00 price target (up from $81.00) on shares of Deckers Outdoor in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Deckers Outdoor currently has an average rating of “Hold” and an average price target of $126.35.

Deckers Outdoor Price Performance

Shares of NYSE DECK opened at $107.83 on Thursday. Deckers Outdoor has a 1-year low of $78.91 and a 1-year high of $133.43. The business has a fifty day moving average price of $107.31 and a 200 day moving average price of $100.99. The stock has a market capitalization of $15.31 billion, a P/E ratio of 15.23, a price-to-earnings-growth ratio of 2.31 and a beta of 1.21.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, January 29th. The textile maker reported $3.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.77 by $0.56. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.87 billion. Deckers Outdoor had a return on equity of 41.60% and a net margin of 19.46%.The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.00 earnings per share. As a group, equities research analysts anticipate that Deckers Outdoor will post 6.87 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Anne Spangenberg sold 4,063 shares of Deckers Outdoor stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $116.02, for a total value of $471,389.26. Following the completion of the sale, the insider directly owned 80,449 shares in the company, valued at $9,333,692.98. This trade represents a 4.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robin Spring-Green sold 347 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $113.78, for a total transaction of $39,481.66. Following the sale, the insider directly owned 42,461 shares in the company, valued at approximately $4,831,212.58. This represents a 0.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 9,092 shares of company stock worth $1,048,552 in the last three months. Corporate insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Deckers Outdoor

Several hedge funds have recently made changes to their positions in DECK. Pinnacle Investment Management Ltd purchased a new stake in Deckers Outdoor in the third quarter valued at approximately $2,027,000. Allspring Global Investments Holdings LLC increased its holdings in Deckers Outdoor by 171.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 326,353 shares of the textile maker’s stock worth $33,020,000 after buying an additional 205,975 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Deckers Outdoor by 46.2% during the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 59,800 shares of the textile maker’s stock worth $6,062,000 after buying an additional 18,900 shares during the last quarter. Nordea Investment Management AB raised its position in Deckers Outdoor by 980.5% during the 3rd quarter. Nordea Investment Management AB now owns 359,343 shares of the textile maker’s stock worth $36,312,000 after buying an additional 326,086 shares during the last quarter. Finally, Lombard Odier Asset Management USA Corp acquired a new stake in Deckers Outdoor during the 3rd quarter valued at approximately $1,142,000. 97.79% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Deckers Outdoor

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

• Positive Sentiment: Featured as a retail pick amid resilient consumer spending, which supports demand outlook for Deckers’ premium footwear brands. Consumers just keep spending. Deckers and 6 other retail stocks for your shopping list
• Positive Sentiment: Included in Zacks’ list of five retail apparel/footwear stocks positioned for steady gains in 2026, reinforcing the growth narrative for premium brands. Buy 5 Retail Apparel and Shoe Stocks for a Stable Portfolio in 2026
• Positive Sentiment: Recent quarterly results showed a revenue and EPS beat and healthy margins — leaves the company with positive earnings momentum that supports longer-term valuation.
• Neutral Sentiment: Analyst notes and commentary are prompting re-evaluation pieces asking whether recent share-price gains warrant a revisit; these are more informational than catalytic. Is It Time To Revisit Deckers Outdoor (DECK) After Recent Share Price Gains?
• Neutral Sentiment: Zacks highlighted Deckers among other featured names in its coverage roundup — visibility but not a direct rating change. Zacks.com featured highlights include Deckers, Matador and FactSet
• Negative Sentiment: Raymond James downgraded Deckers from “strong-buy” to “outperform” ahead of earnings, reducing the top-tier conviction even though the firm maintained a $133 price target. This lowers immediate analyst enthusiasm. EXEC: Raymond James Upgrades On, Downgrades Deckers Ahead of Earnings Reports
• Negative Sentiment: Zacks Research trimmed its rating from “strong-buy” to “hold,” signaling more cautious short-term expectations from a previously bullish stance. Zacks.com

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.