With significant interest in hedge funds and returns on equity, Deckers Outdoor Corporation (NYSE:DECK) secures a spot on our list of 13 Safest Stocks to Invest in Now.
UBS maintained its Buy rating and $158 price target for Deckers Outdoor Corporation (NYSE:DECK) on Sept. 29, emphasizing the stock’s growth potential and undervaluation. With the help of the HOKA and UGG brands, the company expects earnings per share to exceed expectations in the coming quarters.
According to UBS estimates, Deckers Outdoor Corporation (NYSE:DECK) can maintain modest double-digit sales growth, which can lift its price-earnings ratio from the current 15 times to more than 20 times.
Additionally, experts note that while global and wholesale strength may offer short-term benefits, the success of its direct-to-consumer division will determine long-term multiple expansion. Deckers Outdoor Corporation’s (NYSE:DECK) recent fiscal 2026 first-quarter sales of $965 million, which beat Wall Street predictions by more than $60 million and were accompanied by earnings per share that beat expectations by 21%, lend credence to the positive argument.
Through its subsidiaries, Deckers Outdoor Corporation (NYSE:DECK) manufactures and sells performance and lifestyle apparel, accessories and footwear worldwide. It is one of the safest stocks to buy.
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