Deckers Outdoor (NYSE:DECK) Updates FY 2027 Earnings Guidance

Deckers Outdoor (NYSE:DECK) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 7.300-7.450 for the period, compared to the consensus estimate of 7.320. The company issued revenue guidance of $5.9 billion-$5.9 billion, compared to the consensus revenue estimate of $5.8 billion.

Deckers Outdoor Stock Up 4.5%

Shares of NYSE DECK traded up $4.46 during trading hours on Thursday, reaching $102.70. 2,857,555 shares of the stock traded hands, compared to its average volume of 2,331,730. The company has a market capitalization of $14.58 billion, a P/E ratio of 14.51, a price-to-earnings-growth ratio of 2.03 and a beta of 1.14. Deckers Outdoor has a 52-week low of $78.91 and a 52-week high of $127.00. The company’s 50-day simple moving average is $102.17 and its two-hundred day simple moving average is $101.46.

Analyst Ratings Changes

DECK has been the topic of a number of research reports. Jefferies Financial Group raised their price objective on Deckers Outdoor from $102.00 to $105.00 and gave the company a “hold” rating in a report on Tuesday, January 27th. Needham & Company LLC raised their price objective on Deckers Outdoor from $115.00 to $138.00 and gave the company a “buy” rating in a report on Friday, January 30th. Piper Sandler raised Deckers Outdoor from an “underweight” rating to a “neutral” rating and raised their price objective for the company from $95.00 to $100.00 in a report on Monday. Stifel Nicolaus raised their price objective on Deckers Outdoor from $117.00 to $140.00 and gave the company a “buy” rating in a report on Friday, January 30th. Finally, Zacks Research cut Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Deckers Outdoor presently has a consensus rating of “Hold” and a consensus price target of $122.42.

Hedge Funds Weigh In On Deckers Outdoor

Several institutional investors and hedge funds have recently bought and sold shares of DECK. Revolve Wealth Partners LLC bought a new position in Deckers Outdoor during the 4th quarter worth approximately $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Deckers Outdoor by 3.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock worth $1,858,000 after acquiring an additional 522 shares during the last quarter. Empowered Funds LLC grew its position in Deckers Outdoor by 165.6% during the 1st quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock worth $1,145,000 after acquiring an additional 6,384 shares during the last quarter. Focus Partners Wealth grew its position in shares of Deckers Outdoor by 8.1% in the 1st quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock worth $773,000 after buying an additional 521 shares during the last quarter. Finally, Marshall Wace LLP increased its stake in shares of Deckers Outdoor by 163.2% during the second quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock valued at $1,062,000 after buying an additional 6,391 shares during the period. 97.79% of the stock is currently owned by institutional investors.

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.