Analyst Consensus ?
ConsensusHold55 ratings
Bullish2647.3%
Neutral2341.8%
Bearish610.9%
1 unmapped firm rating excluded from the percentages.
Deckers Outdoor Corporation · DECK · FY2027 Q2 · Calendar Q4 2026
Deckers Q2 FY2027: Margin Gains Offset Logistics Disruption
The quarter supports a cautiously constructive operating thesis: HOKA and UGG, international demand, wholesale expansion, product innovation, and cost discipline offset promotional and logistics pressure. The evidence is not conclusive because reported actuals were not available in the supplied scorecard and some margin benefit reflects tariff refunds.
Reported After market closeNYSEConsumer Cyclical
$11.64B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $1.80
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $1.51B
Revenue surprise
—
Reported versus consensus
Market reaction
close-to-close (session unavailable)
Stock move
-0.2%
Event window
SPY move
-1.2%
Same window
Abnormal move
+0.9%
Stock minus SPY
Volume
2.8×
Versus trailing sessions
Subsequent drift
0.0%
Up to 20 sessions
DECKSPY benchmark
Ask FN2 about DECK FY2027 Q2
Transcript, numbers and history already loaded
What drove DECK's -0.2% move after FY2027 Q2 earnings?What changed in DECK's guidance and outlook in FY2027 Q2?Give me the bull and bear case for DECK after FY2027 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, wholesale and international momentum became more prominent, while U.S. DTC promotional pressure and a $22 million European logistics disruption emerged as important offsets. Management also introduced a broader product roadmap, reported $637 million of year-to-date repurchases, and raised FY2027 EPS and gross-margin expectations.
Guidance delta
Management raised FY2027 outlook to revenue of $5.7-$5.725 billion and EPS of $7.80-$7.95, with higher gross-margin expectations reflecting tariff-refund benefits.
Key takeaways
- Revenue grew modestly while gross margin expanded, supporting EPS above guidance.
- HOKA and UGG growth was led by wholesale and international momentum; U.S. DTC faced promotional pressure.
- A European third-party logistics transition disrupted revenue by $22 million, while share repurchases reached $637 million year to date.
Management priorities
- Protect full-price selling and premium brand positioning.
- Advance the HOKA and UGG product pipeline and expand international distribution.
- Improve global marketing and digital engagement while maintaining cost discipline and targeted capital allocation.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
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Analyst 52W Price Targets
$85.28Current
$70Low
$161.67Average
$480High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 23, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Evercore ISI Group | In Line | In Line | Maintain | Oct 21, 2026 |
| Raymond James | Outperform | Outperform | Maintain | Oct 16, 2026 |
| Telsey Advisory Group | Market Perform | Market Perform | Maintain | Oct 15, 2026 |
| Truist Securities | Buy | Buy | Maintain | Jul 24, 2026 |
| Stifel | Buy | Buy | Maintain | Jul 24, 2026 |
| Needham | Buy | Buy | Maintain | Jul 24, 2026 |
| Barclays | Overweight | Overweight | Maintain | Jul 24, 2026 |
| Baird | Neutral | Neutral | Maintain | Jul 24, 2026 |
| Jefferies | Buy | Hold | Upgrade | Jul 13, 2026 |
| UBS | Buy | Buy | Maintain | May 22, 2026 |
| KGI Securities | Neutral | Outperform | Downgrade | May 22, 2026 |
| Piper Sandler | Neutral | Underweight | Upgrade | May 18, 2026 |
| Wells Fargo | Underweight | Equal Weight | Downgrade | May 8, 2026 |
| Bernstein | Market Perform | Underperform | Upgrade | May 6, 2026 |
| Argus Research | Buy | Hold | Upgrade | Feb 20, 2026 |
| Goldman Sachs | Sell | Sell | Maintain | Jan 30, 2026 |
| Citigroup | Buy | Buy | Maintain | Jan 15, 2026 |
| TD Cowen | Buy | Buy | Maintain | Oct 24, 2025 |
| BWG Global | Positive | Mixed | Upgrade | Oct 14, 2025 |
| B of A Securities | Neutral | Neutral | Maintain | Sep 25, 2025 |
| Keybanc | Overweight | Downgrade | May 23, 2025 | |
| TD Securities | Buy | Buy | Maintain | May 20, 2025 |
| Guggenheim | Neutral | Neutral | Maintain | Jan 31, 2025 |
| BTIG | Neutral | Buy | Downgrade | Oct 22, 2024 |
| Seaport Global | Neutral | Buy | Downgrade | Oct 7, 2024 |
| Wedbush | Outperform | Outperform | Maintain | Jul 26, 2024 |
| Cowen & Co. | Outperform | Outperform | Maintain | Feb 3, 2023 |
| Susquehanna | Positive | Positive | Maintain | Apr 6, 2020 |
| Stifel Nicolaus | Buy | Buy | Maintain | Jan 31, 2020 |
| CFRA | Buy | Buy | Maintain | Jan 31, 2020 |
| Pivotal Research | Buy | Hold | Upgrade | Aug 19, 2019 |
| Canaccord Genuity | Buy | Buy | Maintain | May 24, 2019 |
| Bank of America | Buy | Neutral | Upgrade | May 21, 2019 |
| Buckingham Research | Neutral | Neutral | Maintain | Oct 26, 2018 |
| Buckingham | Neutral | Neutral | Maintain | Oct 26, 2018 |
| PiperJaffray | Neutral | Neutral | Maintain | Jul 27, 2018 |
| B. Riley FBR | Buy | Buy | Maintain | May 5, 2018 |
| Tigress Financial | Neutral | Buy | Downgrade | Apr 18, 2018 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Oct 31, 2017 |
| Standpoint Research | Hold | Buy | Downgrade | Aug 2, 2016 |
| Credit Suisse | Neutral | Neutral | Maintain | May 27, 2016 |
| Brean Capital | Buy | Buy | Maintain | May 27, 2016 |
| BB&T Capital | Underweight | Hold | Downgrade | May 13, 2016 |
| Nomura | Neutral | Neutral | Maintain | May 2, 2016 |
| Sterne Agee CRT | Underperform | Neutral | Downgrade | Feb 5, 2016 |
| Sterne Agee | Underperform | Neutral | Downgrade | Feb 5, 2016 |
| Macquarie | Neutral | Neutral | Maintain | Feb 5, 2016 |
| B. Riley Securities | Neutral | Neutral | Maintain | Feb 5, 2016 |
| Wunderlich | Buy | Buy | Maintain | Jan 30, 2015 |
| Wunderlich Securities | Buy | Buy | Maintain | Jan 29, 2015 |
| Janney Capital | Buy | Buy | Maintain | Dec 12, 2012 |
| RBC Capital | Sector Perform | Outperform | Downgrade | Oct 26, 2012 |
| ISI Group | Buy | Buy | Maintain | Jul 27, 2012 |
| Lazard | Neutral | Buy | Downgrade | Jul 25, 2012 |
| Longbow Research | Neutral | Buy | Downgrade | Jul 6, 2012 |
| Ladenburg Thalmann | Sell | Buy | Downgrade | Apr 30, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $85.28. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Raymond James | Analyst unavailable | $105 | $86.58 | +23.1% | Oct 16, 2026 |
| UBS | Jay Sole | $140 | $86.32 | +64.2% | Oct 15, 2026 |
| BMO Capital | Analyst unavailable | $70 | $82.6 | -17.9% | Sep 8, 2026 |
| Needham | Tom Nikic | $125 | $96.23 | +46.6% | Jul 24, 2026 |
| Stifel Nicolaus | Analyst unavailable | $133 | $96.23 | +56.0% | Jul 24, 2026 |
| Robert W. Baird | Analyst unavailable | $115 | $96.23 | +34.8% | Jul 24, 2026 |
| Wells Fargo | Ike Boruchow | $85 | $96.23 | -0.3% | Jul 24, 2026 |
| Barclays | Analyst unavailable | $133 | $96.23 | +56.0% | Jul 24, 2026 |
| Jefferies | Analyst unavailable | $130 | $105.99 | +52.4% | Jul 13, 2026 |
| Argus Research | Analyst unavailable | $128 | $114.35 | +50.1% | May 29, 2026 |
| Stifel Nicolaus | Peter McGoldrick | $144 | $114.31 | +68.9% | May 29, 2026 |
| Barclays | Adrienne Yih | $141 | $106.67 | +65.3% | May 26, 2026 |
| Telsey Advisory | Analyst unavailable | $113 | $103.01 | +32.5% | May 22, 2026 |
| Bernstein | Aneesha Sherman | $105 | $102.86 | +23.1% | May 22, 2026 |
| Truist Financial | Joseph Civello | $125 | $102.62 | +46.6% | May 22, 2026 |
| KGI Securities | Analyst unavailable | $117 | $102.62 | +37.2% | May 22, 2026 |
| Piper Sandler | Analyst unavailable | $100 | $93.56 | +17.3% | May 18, 2026 |
| UBS | Jay Sole | $145 | $93.93 | +70.0% | May 14, 2026 |
| Wells Fargo | Ike Boruchow | $90 | $102.72 | +5.5% | May 8, 2026 |
| Raymond James | Rick Patel | $133 | $107.69 | +56.0% | Apr 23, 2026 |
| Wells Fargo | Ike Boruchow | $115 | $107.81 | +34.8% | Apr 15, 2026 |
| Truist Financial | Analyst unavailable | $132 | $114.52 | +54.8% | Jan 30, 2026 |
| Needham | Analyst unavailable | $138 | $115.15 | +61.8% | Jan 30, 2026 |
| UBS | Analyst unavailable | $161 | $114.87 | +88.8% | Jan 30, 2026 |
| Stifel Nicolaus | Peter McGoldrick | $140 | $99.9 | +64.2% | Jan 30, 2026 |
| Bernstein | Analyst unavailable | $90 | $99.9 | +5.5% | Jan 30, 2026 |
| Goldman Sachs | Analyst unavailable | $92 | $99.9 | +7.9% | Jan 30, 2026 |
| Piper Sandler | Analyst unavailable | $95 | $99.9 | +11.4% | Jan 30, 2026 |
| Wells Fargo | Ike Boruchow | $110 | $99.9 | +29.0% | Jan 30, 2026 |
| Barclays | Analyst unavailable | $143 | $99.9 | +67.7% | Jan 30, 2026 |
| Evercore ISI | Jesalyn Wong | $108 | $99.9 | +26.6% | Jan 30, 2026 |
| KGI Securities | Analyst unavailable | $129 | $99.9 | +51.3% | Jan 30, 2026 |
| Truist Financial | Joseph Civello | $115 | $100.46 | +34.8% | Jan 14, 2026 |
| Jefferies | Analyst unavailable | $102 | $101.71 | +19.6% | Jan 14, 2026 |
| Piper Sandler | Anna Andreeva | $85 | $107.46 | -0.3% | Jan 7, 2026 |
| Barclays | Analyst unavailable | $113 | $89.4 | +32.5% | Oct 27, 2025 |
| Telsey Advisory | Dana Telsey | $105 | $89.8 | +23.1% | Oct 24, 2025 |
| Truist Financial | Analyst unavailable | $105 | $87.94 | +23.1% | Oct 24, 2025 |
| Stifel Nicolaus | Analyst unavailable | $117 | $102.54 | +37.2% | Oct 24, 2025 |
| Raymond James | Rick Patel | $115 | $87.94 | +34.8% | Oct 24, 2025 |
| Robert W. Baird | Analyst unavailable | $125 | $102.54 | +46.6% | Oct 24, 2025 |
| Needham | Tom Nikic | $113 | $87.94 | +32.5% | Oct 24, 2025 |
| Jefferies | Analyst unavailable | $107 | $103.7 | +25.5% | Oct 23, 2025 |
| Stifel Nicolaus | Peter McGoldrick | $127 | $100.19 | +48.9% | Oct 21, 2025 |
| UBS | Analyst unavailable | $157 | $97.98 | +84.1% | Oct 8, 2025 |
| Bernstein | Analyst unavailable | $100 | $118.68 | +17.3% | Sep 17, 2025 |
| Evercore ISI | Jesalyn Wong | $115 | $116.85 | +34.8% | Jul 25, 2025 |
| Telsey Advisory | Dana Telsey | $120 | $101.1 | +40.7% | May 23, 2025 |
| UBS | Jay Sole | $169 | $101.05 | +98.2% | May 23, 2025 |
| Needham | Tom Nikic | $150 | $123.36 | +75.9% | May 21, 2025 |
| UBS | Jay Sole | $267 | $207.5 | +213.1% | Jan 10, 2025 |
| Needham | Tom Nikic | $226 | $202.06 | +165.0% | Dec 5, 2024 |
| Piper Sandler | Anna Andreeva | $166 | $161.16 | +94.7% | Oct 17, 2024 |
| Evercore ISI | Jesalyn Wong | $185 | $161.85 | +116.9% | Oct 15, 2024 |
| Bank of America Securities | Chris Nardone | $170 | $157.54 | +99.3% | Sep 18, 2024 |
| Williams Trading | Sam Poser | $189 | $153.25 | +121.6% | Sep 17, 2024 |
| Piper Sandler | Anna Andreeva | $167 | $159.47 | +95.8% | Aug 22, 2024 |
| Telsey Advisory | Dana Telsey | $183.7 | $152.22 | +115.4% | Jul 26, 2024 |
| UBS | Jay Sole | $225.45 | $140.53 | +164.4% | Jul 26, 2024 |
| Barclays | Adrienne Yih | $182.03 | $140.53 | +113.4% | Jul 26, 2024 |
| Seaport Global | Mitch Kummetz | $187.88 | $164.33 | +120.3% | Jun 25, 2024 |
| BTIG | Janine Stichter | $200.4 | $163.34 | +135.0% | Jun 25, 2024 |
| Truist Financial | Joseph Civello | $200.4 | $172.49 | +135.0% | May 28, 2024 |
| Wedbush | Tom Nikic | $172.01 | $151.08 | +101.7% | May 24, 2024 |
| Robert W. Baird | Jonathan Komp | $175.35 | $171.14 | +105.6% | May 24, 2024 |
| Wells Fargo | Ike Boruchow | $167 | $151.08 | +95.8% | May 24, 2024 |
| Seaport Global | Mitch Kummetz | $175.35 | $151.08 | +105.6% | May 24, 2024 |
| BTIG | Janine Stichter | $187.04 | $151.08 | +119.3% | May 24, 2024 |
| Barclays | Adrienne Yih | $181.86 | $151.08 | +113.3% | May 24, 2024 |
| Evercore ISI | Jesalyn Wong | $185.37 | $151.08 | +117.4% | May 24, 2024 |
| UBS | Jay Sole | $211.26 | $151.08 | +147.7% | May 24, 2024 |
| KeyBanc | Ashley Owens | $169.51 | $170.96 | +98.8% | May 24, 2024 |
| Telsey Advisory | Dana Telsey | $164.5 | $151.06 | +92.9% | May 20, 2024 |
| BTIG | Janine Stichter | $170.34 | $148.39 | +99.7% | May 20, 2024 |
| Williams Trading | Sam Poser | $168.67 | $147.37 | +97.8% | May 14, 2024 |
| Truist Financial | Joseph Civello | $144.29 | $134.74 | +69.2% | Apr 10, 2024 |
| Piper Sandler | Abbie Zvejnieks | $145.29 | $148.44 | +70.4% | Apr 9, 2024 |
| Barclays | Adrienne Yih | $185.37 | $157.19 | +117.4% | Apr 1, 2024 |
| BTIG | Janine Stichter | $515 | $416.22 | +503.9% | Feb 6, 2023 |
| Cowen & Co. | Analyst unavailable | $480 | $421.11 | +462.9% | Feb 3, 2023 |
| Telsey Advisory | Analyst unavailable | $485 | $421.33 | +468.7% | Feb 3, 2023 |
| Wells Fargo | Analyst unavailable | $360 | $395.08 | +322.1% | Jan 6, 2023 |
| Piper Sandler | Analyst unavailable | $470 | $389.94 | +451.1% | Jan 5, 2023 |
| Stifel Nicolaus | Jim Duffy | $416 | $346.24 | +387.8% | Nov 7, 2022 |
| Wedbush | Tom Nikic | $65.13 | $61.23 | -23.6% | Oct 4, 2021 |
| UBS | Jay Sole | $540 | $430.17 | +533.2% | Aug 12, 2021 |
| Bank of America Securities | Rafe Jadrosich | $425 | $335.76 | +398.4% | May 21, 2021 |
Track every rating change on DECK the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationDeckers Outdoor Corporation, operating with its subsidiaries, is a global enterprise dedicated to the creation, promotion, and distribution of footwear, apparel, and accessories. Its product lines serve both casual everyday needs and specialized high-performance activities. The company manages a portfolio of prominent brands: Under the UGG label, it offers premium footwear, clothing, and related items. Teva is known for its range of sandals, shoes, and boots. Sanuk provides comfortable, relaxed casual shoes and sandals. For the athletic segment, particularly ultra-runners and other athletes, Hoka supplies specialized footwear and apparel. Lastly, Koolaburra features fashionable casual footwear, often incorporating plush materials.…
Historical context
All DECK earningsConsumer Cyclical peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| PKG Packaging Corporation of America | FY2026 Q3 · Calendar Q4 2026 | +3.8% | +4.2% | PCA beats Q3 expectations as Greif synergies offset cost pressure |
| TSCO Tractor Supply Company | FY2026 Q3 · Calendar Q4 2026 | — | +6.2% | Tractor Supply: Pet and digital momentum support a margin-recovery plan |
| PHM PulteGroup, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +5.4% | PulteGroup holds guidance as traffic weakens and active-adult demand offsets |
| LVS Las Vegas Sands Corp. | FY2026 Q3 · Calendar Q4 2026 | -20.9% | -1.7% | LVS: Strong Macau Share Gains Offset Softer High-End Demand |
Latest beats and misses
Who reports nextBeat on EPS
- ALLEFY2026 Q3 · October 22, 2026+4.0% EPS+11.0% move
- CBREFY2026 Q3 · October 22, 2026+4.6% EPS-2.5% move
- RFY2026 Q3 · October 22, 2026+4.3% EPS+10.5% move
- WDCFY2027 Q1 · October 22, 2026+12.9% EPS-6.4% move
- NEMFY2026 Q3 · October 22, 2026+12.2% EPS-2.6% move
- MEDPFY2026 Q3 · October 21, 2026+9.0% EPS-1.3% move
Missed on EPS
- SSBFY2026 Q3 · October 21, 2026-4.2% EPS+2.4% move
- ROLFY2026 Q3 · October 21, 2026-1.4% EPS+5.6% move
- GGGFY2026 Q3 · October 21, 2026-2.5% EPS-16.6% move
- GL-PDFY2026 Q3 · October 21, 2026-1.2% EPS— move
- GLFY2026 Q3 · October 21, 2026-1.2% EPS-3.8% move
- METAFY2026 Q3 · October 21, 2026-41.4% EPS+0.5% move
Get the DECK recap when the next report posts
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Sources
- Earnings call transcript and parsed analysis · 2026-10-23T01:04:30.099415+00:00
- FN2 earnings calendar · 2026-10-22T01:23:13.354406+00:00
- Polygon adjusted daily market bars · 2026-10-23T01:20:40.826926+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-23T01:20:40.824202+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-23. For educational purposes only; not investment advice.