Deckers Outdoor (DECK) Stock Forecast & Price Target

Deckers Outdoor has exhibited strong financial performance, with domestic revenue increasing by 2.7% year-over-year and international revenue growing by 15.0% year-over-year, highlighting robust demand in both markets. The company's fiscal 2026 revenue guidance was raised to between $5.4 billion and $5.425 billion, reflecting a positive outlook bolstered by significant sales contributions from their key brands, UGG and Hoka. Additionally, the balanced growth across sales channels, particularly the sharp acceleration in direct-to-consumer sales for UGG, underscores the strength of Deckers' brand portfolio and its potential for continued profitability.

Deckers Outdoor's fiscal 2025 guidance projects revenue of $1,047 million to $1,072 million for F4Q26, which is below previous estimates and suggests a weakened outlook amidst challenging market conditions. Additionally, the expected decline in UGG sales and potential deceleration in Hoka's growth, combined with a forecasted diluted EPS of $0.74 to $0.79—lower than prior estimates—indicates a substantial slowdown in profitability. Furthermore, the company faces risks from external factors such as changing consumer preferences, supply-demand imbalances, global macroeconomic pressures, and decreasing gross margins, all of which contribute to a negative outlook for its stock performance.