Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Deckers Outdoor Likely to Post In-line Q2 Earnings, UBS Says

Deckers Outdoor Likely to Post In-line Q2 Earnings, UBS Says

MT newswireMT newswire2026/10/15 17:04
01:04 PM EDT, 10/15/2026 (MT Newswires) -- Deckers Outdoor (DECK) is expected to post in-line Q2 earnings results and reiterate its fiscal 2027 guidance, UBS said in a Wednesday report. The Q2 results are due on Oct. 22. Channel checks indicate Hoka's Q2 US observed sales fell from a year earlier and slowed compared with Q1 trends, but other indicators, such as web traffic data, suggest actual Q2 sales trends were better, the report said. "We don't expect DECK's 2Q report to change sentiment or the stock's P/E much," the note said. "This is why we see a balanced upside/downside skew over the event." Still, rising short interest since its Q1 results and the stock's underperformance against the S&P 500 suggest sentiment around the company leans bearish, the note said. UBS reiterated its buy rating on the stock while lowering its price target to $140 from $161. Price: 86.06, Change: +3.24, Percent Change: +3.91
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Anthropic spends $3.4 billion to purchase gas-fired power equipment to supply electricity for data centers

In September, Anthropic directly acquired Caterpillar equipment orders worth 3.4 billion USD, securing 1.7 GW of gas generator units, marking the largest single purchase of power generation equipment in AI history. This move bypassed utility middlemen, capturing scarce capacity at prices set years ago with near-term delivery. It is part of Anthropic's plan to invest over 895 billion USD in computing infrastructure by 2045.

华尔街见闻•2026/11/08 12:41
Anthropic spends $3.4 billion to purchase gas-fired power equipment to supply electricity for data centers