Deckers Outdoor Target Raised as HOKA and UGG Bran…
From Financial Modeling Prep: 2025-01-09 09:48:00
Evercore ISI analysts raise price target for Deckers Outdoor (NYSE:DECK) to $235, citing strong growth prospects driven by HOKA and UGG brands. Market checks show robust order volumes with no consumer fatigue. HOKA maintains premium positioning, UGG outperforms despite warm weather. Shift in product mix expected to boost margins, supporting mid-teens EPS growth annually.
Analysts predict Deckers to deliver mid-teens earnings per share growth over next two years. 2025 EPS forecast remains unchanged, but 2026 and 2027 estimates raised by 3% and 4%, positioning them above consensus by 3%. Deckers stands out as top-quality growth story in softlines sector, with sustained demand for flagship brands.
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