Stifel Reiterates Deckers Outdoor (DECK) at Hold on Anticipated Upside to F2Q26 Revenue

Stifel analyst Peter McGoldrick reiterated a Hold rating and $127.00 price target on Deckers Outdoor (NYSE: DECK).

The analyst commented, "We anticipate upside to our F2Q26 revenue and adj. EPS estimates and expect characteristically conservative guidance for F3Q26. Share price re-rating has positioned the stock in GARP territory, with valuation substantiated by sum-of-the-parts on the key brands, HOKA and UGG. Following execution missteps around new HOKA product launches in F4Q25 and F1Q26, we believe operations are improving sequentially. A new narrative around intensifying competition is challenging the multi-year outlook, though we believe HOKA’s following of enthusiast runners will demonstrate loyal behavior supporting a brand reacceleration in F2H26. Putting the pieces together, we believe the business has capacity for +HSD% topline and +LDD% EPS growth in future years. Risk/reward has become more palatable, though we look for greater sense of near-term HOKA trends in the U.S. before becoming more constructive on our rating."

For an analyst ratings summary and ratings history on Deckers Outdoor click here. For more ratings news on Deckers Outdoor click here.

Shares of Deckers Outdoor closed at $100.19 yesterday.

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