Truist Financial Lowers Deckers Outdoor (NYSE:DECK) Price Target to $105.00

Deckers Outdoor (NYSE:DECK) had its target price dropped by analysts at Truist Financial from $125.00 to $105.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the textile maker’s stock. Truist Financial’s price objective points to a potential upside of 9.19% from the stock’s current price.

A number of other brokerages have also weighed in on DECK. Needham & Company LLC reduced their price target on shares of Deckers Outdoor from $138.00 to $125.00 and set a “buy” rating for the company in a research note on Friday. Barclays set a $133.00 target price on Deckers Outdoor and gave the stock an “overweight” rating in a report on Friday. Telsey Advisory Group cut their target price on Deckers Outdoor from $113.00 to $105.00 and set a “market perform” rating for the company in a research report on Friday. Zacks Research cut Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research note on Friday, July 17th. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $117.16.

Deckers Outdoor Stock Performance

Shares of NYSE:DECK traded down $0.07 on Friday, hitting $96.17. The company’s stock had a trading volume of 2,965,843 shares, compared to its average volume of 2,320,293. The company has a market capitalization of $13.36 billion, a price-to-earnings ratio of 13.64, a price-to-earnings-growth ratio of 2.02 and a beta of 1.17. Deckers Outdoor has a 12 month low of $78.91 and a 12 month high of $126.50. The stock’s 50-day moving average is $106.08 and its two-hundred day moving average is $106.11.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The company’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. Equities analysts expect that Deckers Outdoor will post 7.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Deckers Outdoor

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC boosted its stake in Deckers Outdoor by 24.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 407,698 shares of the textile maker’s stock worth $43,538,000 after purchasing an additional 81,345 shares during the period. ProShare Advisors LLC grew its position in Deckers Outdoor by 52.5% during the 4th quarter. ProShare Advisors LLC now owns 42,017 shares of the textile maker’s stock worth $4,356,000 after purchasing an additional 14,470 shares in the last quarter. SG Americas Securities LLC raised its stake in Deckers Outdoor by 309.0% during the 4th quarter. SG Americas Securities LLC now owns 240,466 shares of the textile maker’s stock valued at $24,929,000 after purchasing an additional 181,675 shares during the period. Stratos Wealth Advisors LLC grew its holdings in shares of Deckers Outdoor by 54.8% during the fourth quarter. Stratos Wealth Advisors LLC now owns 33,524 shares of the textile maker’s stock valued at $3,475,000 after buying an additional 11,869 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Deckers Outdoor by 23.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 55,355 shares of the textile maker’s stock valued at $5,739,000 after buying an additional 10,615 shares during the period. 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: Deckers delivered a solid first quarter, with EPS of $0.94 topping estimates and revenue rising 5.7% year over year to $1.02 billion, supported by stronger demand for HOKA and UGG. Deckers Brands Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: The company raised full-year fiscal 2027 EPS guidance to $7.35-$7.50, reinforcing the view that growth remains intact even after the latest quarter. Deckers Stock Down 6% Despite Q1 Earnings Beat, FY’27 Outlook Raised
• Neutral Sentiment: Several analysts trimmed price targets after the report, but most maintained constructive to neutral ratings, suggesting the quarter was good but not enough to change the near-term debate. Analysts Slash Forecasts on Deckers Outdoor Following Q1 Results
• Negative Sentiment: Shares are under pressure because management flagged tariff and freight headwinds, which are raising concerns about near-term margins and profitability. Deckers Stock Down 6% Despite Q1 Earnings Beat, FY’27 Outlook Raised
• Negative Sentiment: Needham, Telsey, and Baird all lowered price targets, reflecting a more cautious stance from Wall Street after the earnings release. Analysts Slash Forecasts on Deckers Outdoor Following Q1 Results

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.