Barclays analyst Adrienne Yih has lowered the price target for Deckers Outdoor (DECK) to $128 from $129 while maintaining an Overweight rating, following the company's fiscal Q4 results that exceeded expectations but included a retraction of its fiscal 2026 guidance. Despite a Q1 outlook that fell short of market expectations, particularly for the Hoka brand, analysts remain optimistic about Deckers, with an average target price of $161.44 indicating a potential upside of 28.04% from the current price of $126.09. The company reported a record fiscal year 2025, with revenue up 16% to nearly $5 billion and significant growth in both HOKA and UGG brands.