Deckers Outdoor Corporation (DECK) earnings on May 21, 2026

After the market closes Q1 2026

More Deckers Outdoor Corporation earnings

Prior outlook: Pessimistic Outcome: Partial

Deckers Outdoor shares climbed after its earnings release, showing strength despite earlier negative sentiment. The stock closed higher after a strong intraday move.

DECK price around the earnings

106.09

Change: +3.4%

2026-05-23, 00:00 UTC

Start of the measured window End of the measured window
96.12 100.58 105.03 109.49 102.62
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
May 21, 2026 May 22, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Partial

Thesis published

Good history but recent weakness

The company has a perfect earnings beat history and analysts see 24.6% upside. But recent downgrades and negative momentum create uncertainty.

Context analyzed before publication

Summary
Good history but recent weakness
Reasoning
The company has a strong earnings beat history and analysts cite a price target about 24.6% above the current price. But recent downgrades and negative momentum create uncertainty.
Playbook
The scenario suggests caution until momentum turns positive. The downgrades and price weakness point to a less clear context.
Trend
Expert confidence fluctuated, now neutral

Analysts

Drivers

  • Analysts Neutral

    Buy consensus with a $127 target (about 24.6% above current price), but recent downgrades from Piper Sandler and Wells Fargo context caution.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.4
Analysts covering the stock
21
Average price target
127.19
Lowest price target
90
Highest price target
184
Upside to price target
24.6%
Quarterly earnings growth
5.3%
Revenue growth
7.1%
Forward EPS
7.34
Trailing EPS
7.04
Analyst moves in the last 60 days
5
  • Strong buy: 3
  • Buy: 8
  • Hold: 12
  • Sell: 2
  • Strong sell: 0
Strong buy
3
Buy
8
Hold
12
Sell
2
Strong sell
0
  • May 18, 2026 · Piper Sandler: Upgrades rating (Underweight → Neutral)
  • May 14, 2026 · UBS: Maintains rating (Buy → Buy)
  • May 8, 2026 · Wells Fargo: Downgrades rating (Equal-Weight → Underweight)
  • May 6, 2026 · Bernstein: Upgrades rating (Underperform → Market Perform)
  • April 15, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (5)
  • This Lam Research Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday — Benzinga
  • Piper Sandler Upgrades Deckers Outdoor to Neutral, Raises Price Target to $100 — Benzinga
  • UBS Maintains Buy on Deckers Outdoor, Lowers Price Target to $145 — Benzinga
  • Wells Fargo Downgrades Deckers Outdoor to Underweight, Lowers Price Target to $90 — Benzinga
  • Bernstein Upgrades Deckers Outdoor to Market Perform, Raises Price Target to $100 — Benzinga

Technicals

Drivers

  • Technical Negative

    Negative momentum: down 10% in 30 days and 2% in 14 days. The stock is near support but trend is weak.

Evidence

Average true range (ATR)
2.9%
Distance to 52-week high
-19.6%
14-day change (14d)
-2.0%
30-day change (30d)
-10.0%
30-day relative strength
-10.0%
Benchmark change (0d)
+0.0%
Nearest support
98.14
Nearest resistance
99.4
Volume accumulation ratio (14d / 46d)
1.39

Trends

Evidence

Average earnings surprise
+34.7%
  • January 29, 2026: actual EPS 3.33 vs estimate 2.77 (surprise +20.4%)
  • October 23, 2025: actual EPS 1.82 vs estimate 1.58 (surprise +14.9%)
  • July 24, 2025: actual EPS 0.93 vs estimate 0.68 (surprise +36.7%)
  • May 22, 2025: actual EPS 1 vs estimate 0.6 (surprise +66.9%)

Expected move

Drivers

  • Past earnings Positive

    A recent beat rate with an average surprise of 34.7%, showing strong performance in recent periods.

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
10.6%
75th percentile move
14.8%
90th percentile move
19.5%
Up / down moves
12 / 7
Average up move
+10.5%
Average down move
-9.6%

Monitoring and close

What Deckers Outdoor Corporation reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Partial
Consolidated
+4.0%
Max favorable move (MFE)
6.6%
Max adverse move (MAE)
8.1%