Deckers Outdoor Corporation logo

Deckers Outdoor Corporation(DECK)

upturn advisory logo
EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$81.09
10/23/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for DECK

10/23/2026: DECK (1-star) is currently NOT-A-BUY. Pass it for now.

Deckers Outdoor Corporation is a premium footwear and apparel company known for its core brands, UGG and HOKA. The company has a leading position in the lifestyle and performance running markets, historically delivering high margins through a robust direct-to-consumer distribution strategy. Its primary growth opportunity lies in the global expansion of HOKA as it scales in international markets. However, the company faces risks related to intense competition in athletic performance, seasonal revenue concentration, and macroeconomic impacts on consumer spending. Deckers is best suited for growth-oriented investors and should be monitored for brand momentum, margin stability, and successful international execution.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company demonstrates strong revenue growth, particularly through the HOKA brand expansion.
Momentum investorStrong fit while signal remains positiveThe stock often exhibits strong price momentum driven by consistent earnings beats and market share gains.
Value investorMixed fitThe stock frequently trades at a premium valuation due to its high growth profile, which may limit appeal for deep-value investors.
Dividend investorWeak fitDeckers does not currently pay a dividend, making it unsuitable for income-focused portfolios.
Low-risk investorWeak fitHigh growth stocks in the apparel sector are subject to significant market volatility and consumer sentiment shifts.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highHigh growth expectations can lead to sharp price fluctuations based on quarterly earnings reports.
Valuation riskMedium / highThe stock often carries a high P/E multiple that requires sustained growth to justify.
Competition risk (Athletic Footwear)HighIntense rivalry from established players like Nike and fast-growing brands like On Holding could impact market share.
Business qualityStrongThe company maintains strong brand moats and healthy margins through effective premium positioning.
Dividend incomeLow / noneInvestors receive no cash return from dividends.
Execution riskMediumScaling a global brand requires careful inventory management and retail expansion that must be executed flawlessly.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 3.33%
Avg. Invested days 40
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/23/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
DECK receives a 4-star rating, supported by strong unit economics, solid company fundamentals, solid quantitative characteristics, and solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
DECK has solid overall fundamentals (4 stars), with solid financial health, solid growth momentum, and solid ownership. In FY2026 versus FY2025, moderate earnings growth (+6.0%) and strong cash generation (FCF margin 20.1%) are partially offset by moderate revenue growth (+9.8%), very low insider ownership of 0.71%.

Financial Health Rating

★★★★★
DECK's financial health is supported by strong cash strength, including free-cash-flow generation of $1.1B (20.1% of revenue). Operating efficiency is solid (4 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is DECK's strongest growth driver at +14.5% FY2026 versus FY2025 (solid, 4 stars). Revenue growth (+9.8%, moderate) and earnings growth (+6.0%, moderate) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 102.1% and approximately 98.1% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.71%, which materially reduces the ownership score.

Top 5 Institutional Investors

BlackRock Inc 9.94%
Vanguard Capital Management, LLC 6.74%
State Street Corp 4.64%
Vanguard Portfolio Management, LLC 4.36%
FMR Inc 3.88%

Unit Economics (Per $1K Revenue)

★★★★★
DECK generates approximately $577 of gross profit, $231 of operating income, and $201 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Solid margins, cash conversion, and capital efficiency support the rating.

Economic Dimensions

★★★★★
Effective Tax Rate: 22.79%

Quantitative Style Profile

★★★★★
DECK has a high-quality, large-cap, liquid profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLarge / Mega Cap StabilityShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 11.04B USD
Price to earnings Ratio 10.74
1Y Target Price 98.19
Price to earnings Ratio 10.74
1Y Target Price 98.19
Volume (30-day avg) 3.6M shares
Beta 1.12
52 Weeks Range 77.20 - 122.29
Updated Date 10/25/2026
52 Weeks Range 77.20 - 122.29
Updated Date 10/25/2026
Dividends yield (FY) -
Basic EPS (TTM) 7.55

How Company Makes Money

Business areaWhat it includesRetail investor read
UGG BrandBoots, slippers, and lifestyle apparel sold globally.The reliable cash cow providing steady seasonal revenue.
HOKA BrandPerformance running and outdoor footwear.The primary engine driving rapid growth and expansion.
Geography (North America)Core market sales for all company brands.The primary revenue driver, though international expansion is becoming significant.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Advertisement

Earnings Date

Report Date 2026-10-22
When After Market
Estimate 1.82
Actual 2.03

Profitability

Profit Margin 19%
Operating Margin (TTM) 23.2%

Management Effectiveness

Return on Assets (TTM) 21.27%
Return on Equity (TTM) 44.27%

Valuation

Trailing PE 10.74
Forward PE 10.65
Enterprise Value 9.72B
Price to Sales(TTM) 1.98
Enterprise Value 9.72B
Price to Sales(TTM) 1.98
Enterprise Value to Revenue 1.76
Enterprise Value to EBITDA 7.01
Shares Outstanding 136.18M
Shares Floating 133.53M
Shares Outstanding 136.18M
Shares Floating 133.53M
Percent Insiders 0.71
Percent Institutions 102.14

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.