Is Deckers Outdoor Stock Underperforming the S&P 500?

Core Insights - Deckers Outdoor Corporation, based in Goleta, California, is a prominent designer and producer of niche footwear and accessories, with a market cap of $14.5 billion and brands including UGG, HOKA, Teva, Sanuk, and Koolaburra [1][2] Financial Performance - Despite a solid Q2 performance with a 9.1% year-over-year revenue increase to $1.4 billion, DECK stock fell 15.2% post-earnings release, indicating market disappointment [5] - The earnings per share (EPS) grew 14.5% year-over-year to $1.82, exceeding consensus estimates [5] - Revenue growth was primarily driven by a 13.4% increase in wholesale revenues, while direct-to-consumer (DTC) revenues declined by 80 basis points compared to the previous year [6] Stock Performance - DECK stock has experienced a significant decline of 55.5% from its all-time high of $223.98 on January 30, and a 50.9% drop year-to-date [3][4] - Over the past 52 weeks, DECK stock has decreased by 50.4%, contrasting with the S&P 500 Index's 16.8% increase [4] - The stock has consistently traded below its 50-day and 200-day moving averages, indicating a bearish trend [4] Market Position - Deckers has underperformed compared to its peer, Skechers U.S.A., which saw a 6.1% decline in 2025 and a 3.8% drop over the past 52 weeks [7] - Among 25 analysts covering DECK stock, the consensus rating is a "Moderate Buy," with a mean price target of $110.62, suggesting an 11% upside potential from current levels [7]