Barclays Raises Deckers Price Target to $143 Following Q3 Earnings Beat Driven by HOKA and UGG Strength

Barclays analyst Adrienne Yih raised the price target on Deckers Outdoor to $143 (up from $113) and maintained an Overweight rating, citing the company's strong fiscal Q3 2026 results that "beat across the board."

• Deckers reported Q3 revenue of $1.96 billion and EPS of $3.33.
• The strong performance was driven by HOKA sales surging 18% and UGG sales increasing 5%.
• This analyst confidence follows the stock's massive 19% surge experienced after the initial earnings release.