Following Deckers Outdoor's impressive Q3 2026 results, which saw diluted EPS beat forecasts by over 20%, analysts substantially raised price targets, confirming strong positive sentiment.
- Truist increased its target to $132 (from $115) while KGI Securities upgraded the stock to Outperform with a $129 target.
- The stock previously catapulted nearly 20% on January 30th, driven by robust demand for HOKA and UGG products.
- The company also raised its full-year guidance to $6.80-$6.85 diluted EPS.