Valued with a market capitalization of $14.1 billion, Deckers Outdoor Corporation (DECK) designs, markets and distributes footwear, apparel and accessories for a casual lifestyle and high-performance activities. The Goleta, California-based company is expected to announce its fiscal second-quarter 2026 earnings in the near future.
Ahead of this event, analysts expect this footwear company to post earnings of $1.58 per share, down slightly from $1.59 per share in the prior-year quarter. The company has a promising track record of consistently beating Wall Street earnings estimates in each of the last four quarters. Its trailing-quarter earnings of $0.93 per share beat consensus estimates by a notable 36.8% margin.
For fiscal 2026, analysts expect DECK to post earnings of $6.35 per share, up slightly from $6.33 per share in fiscal 2025. Its EPS is expected to further grow 7.4% year-over-year to $6.82 in fiscal 2027.
DECK stock has fallen 40.2% over the past 52 weeks, significantly underperforming both the S&P 500 Index ($SPX)’s 13.4% rise and the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 17.4% rise over the same time period.
On July 24, DECK reported better-than-expected first-quarter results, causing its shares to rise 11.4% in the following trading session. The company’s net sales improved 16.9% year over year to $964.5 million, beating consensus estimates by 7.3%. Additionally, its EPS of $0.93 advanced 24% from the prior-year quarter and beat analyst expectations by 36.8%. Strong growth in its HOKA and UGG brands contributed to its results.
Wall Street analysts are moderately bullish on DECK stock, with an overall rating of “Moderate Buy.” Among the 25 analysts covering the stock, 10 recommend “Strong Buy”, one indicates “Moderate Buy”, 12 suggest “Hold” and two advise “Strong Sell”. DECK’s average price target is $127.75, indicating a potential upside of 34.4% from current levels.
On the date of publication, Neharika Jain had no (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. This article was originally published on Barchart.com