UBS Retains Its Buy Rating and $158 Price Target for Deckers Outdoor Corporation (DECK)

With significant hedge fund interest and return on equity, Deckers Outdoor Corporation (NYSE:DECK) secures a spot on our list of the 13 Safest Stocks to Invest in Now.

UBS retained its Buy rating and $158 price target for Deckers Outdoor Corporation (NYSE:DECK) on September 29, emphasizing the stock’s growth potential and undervaluation. With the help of the HOKA and UGG brands, the company anticipates that earnings per share will surpass expectations in the upcoming quarters.

Based on estimates by UBS, Deckers Outdoor Corporation (NYSE:DECK) can maintain modest double-digit sales growth, which may raise its price-to-earnings ratio from the current 15x to above 20x.

Moreover, experts point out that while global and wholesale strength can offer short-term benefits, the success of its direct-to-consumer division will determine long-term multiple expansion. Deckers Outdoor Corporation (NYSE:DECK)’s recent Q1 fiscal 2026 sales of $965 million, which were above Wall Street predictions by over $60 million and accompanied by an EPS that exceeded expectations by 21%, lend credence to the positive argument.

Through its subsidiaries, Deckers Outdoor Corporation (NYSE:DECK) makes and sells clothing, accessories, and footwear for performance and lifestyle activities all over the world. It is one of the Safest Stocks To Buy.

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