Deckers Outdoor shares slipped another 1.78% to $79.65 on Monday, pulling the stock within reach of its 52-week low of $77.20 and deepening a five-day decline of 5.39%. The move came after a wave of analyst price-target cuts tied to last week's quarterly report, which paired record sales of $1.48 billion with a beat on earnings per share but missed Wall Street's revenue expectations and prompted the company to lower its full-year sales forecast while raising its full-year profit outlook.
Telsey Advisory Group's Dana Telsey maintained a Market Perform rating on Friday but cut her price target to $90 from $105. Barclays analyst Adrienne Yih followed Monday morning, keeping an Overweight rating while slashing her target to $100 from $133. The split reaction, a bullish rating paired with a sharply lower price goal, underscores how analysts are weighing the company's profit resilience against the trimmed revenue guidance that rattled investors.
Shares had already fallen 3.6% in Friday's morning session on the revenue miss and guidance cut, part of a stretch that has left the stock down 24.07% year to date even as its 30-day move sits nearly flat at -0.22%. That gap between the short-term selloff and the steadier monthly trend suggests the earnings reaction, not a broader deterioration, is driving the recent pressure on the stock.
Away from the numbers, Deckers also added The RealReal CEO Rati Sahi Levesque to its board, bringing resale and digital merchandising experience as the company leans further into an UGG and Urban Outfitters retail partnership aimed at Gen Z shoppers. Whether that younger-shopper push and the profit-outlook raise can offset the revenue guidance cut will likely shape how the stock trades as it hovers near its 52-week low heading into the back half of the fiscal year.