Deckers Outdoor (DECK) faced challenges in Q1 2025, with concerns over revenue forecasts and market challenges

Fidelity Investments released its Q1 2025 investor letter for the Fidelity Growth Strategies Fund, a domestic equity strategy focusing on mid-cap growth investments. The fund’s Retail Class shares returned -8.03% in Q1, underperforming the Russell Midcap Growth Index due to market uncertainty. Deckers Outdoor Corporation (NYSE: DECK) was highlighted in the letter, with a one-month return of 0.43% and a 31.86% loss over the last year. Despite concerns over revenue forecasts and market challenges, analysts remain cautious about Deckers Outdoor Corporation’s future performance. Hedge funds holding DECK decreased from 66 to 63, emphasizing the potential of AI stocks for higher returns.

Deckers Outdoor Corporation (NYSE: DECK) experienced challenges in Q1 2025, with concerns over revenue forecasts and market challenges impacting its stock performance. Despite a decrease in hedge fund holdings, analysts believe in the potential of AI stocks for higher returns. If you are interested in promising AI stocks with significant upside potential, consider exploring the report on an undervalued AI stock set for massive gains.

Read more at Yahoo Finance: Here’s How Deckers Outdoor (DECK) Helped in Fidelity Growth Strategies Fund’s Performance