Argus Upgrades Deckers Outdoor Corporation (DECK) to Buy from Hold

Deckers Outdoor Corporation (NYSE:DECK) is among the 10 High Growth S&P 500 Stocks to Buy Now.

Argus analyst John Staszak, on February 20, 2026, upgraded Deckers Outdoor Corporation (NYSE:DECK) to Buy from Hold. John Staszak cited management’s raised guidance and what was described as more “reliable” forecasting. Argus also pointed to the company’s major brands, UGG and HOKA, continuing to post consistent and strong sales growth.

Earlier in the month, on February 2, 2026, Telsey Advisory raised the price target to $120 from $105 and maintained a Market Perform rating after what was described as a “healthy” Q3 beat, with UGG and HOKA “handily” exceeding expectations. The same day, Citi increased its price target to $135 from $130 and kept a Buy rating.

On January 30, 2026, Deckers reported Q3 EPS of $3.33 versus $2.76 consensus and revenue of $1.96B compared with $1.87B consensus. President and CEO Stefano Caroti said, “Deckers produced record revenue and earnings per share in the third quarter,” driven by global demand for UGG and HOKA. Stefano Caroti added that strategic marketplace management supported balanced growth across DTC and wholesale, with both brands delivering strong full-price selling and gross margins, leaving the company “on track to deliver another incredible year” with profitable growth across expanding segments.

Deckers Outdoor Corporation (NYSE:DECK) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally.

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