Added to YB: 2026-10-13
Pitch date: 2026-10-09
DECK [bullish]
Deckers Outdoor Corporation
+4.35%
current return
Author Info
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Company Info
Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally.
Market Cap
$11.5B
Pitch Price
$82.97
Price Target
124.30 (+44%)
Dividend
N/A
EV/EBITDA
6.99
P/E
11.88
EV/Sales
1.87
Sector
Textiles, Apparel and Luxury Goods
Category
growth
The Case for Deckers Outdoor (NYSE: DECK)
DECK: Deckers’ HOKA and UGG franchises remain growing, high-return global brands despite the shares’ ~50% two-year decline. At roughly $80, Deckers trades at ~11x FY2027 EPS guidance, with no debt and $1.6B of cash; international expansion, DTC mix and accretive buybacks could drive ~15% annual EPS growth and returns at a constant multiple, with potential 50% upside. The main risk is fading brand relevance, particularly as HOKA growth decelerates.
Read full article (22 min)