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Citigroup upgrades Deckers Outdoor Corp (DECK) stock to a Buy

Deckers Outdoor Corp’s filing revealed that its Director Ibrahim Maha Saleh unloaded Company’s shares for reported $40344.0 on Mar 06 ’25. In the deal valued at $134.48 per share,300 shares were sold. As a result of this transaction, Ibrahim Maha Saleh now holds 10,388 shares worth roughly $1.32 million.

Then, Ibrahim Maha Saleh bought 300 shares, generating $40,290 in total proceeds.

Before that, Powers David sold 25,000 shares. Deckers Outdoor Corp shares valued at $3,470,967 were divested by the Director at a price of $138.84 per share. As a result of the transaction, Powers David now holds 241,777 shares, worth roughly $30.64 million.

Citigroup upgraded its Deckers Outdoor Corp [DECK] rating to a Buy from a a Neutral in a research note published on February 07, 2025; the price target was increased to $215 from $215. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in early December has reiterated a ‘”a Buy”‘ rating for it. Needham began covering DECK with “Buy” recommendation on November 22, 2024. Telsey Advisory Group maintained its rating on October 25, 2024. It rated DECK as “an Outperform”.

Price Performance Review of DECK

On Friday, Deckers Outdoor Corp [NYSE:DECK] saw its stock fall -3.95% to $126.72. Over the last five days, the stock has lost -9.07%. Deckers Outdoor Corp shares have fallen nearly -37.60% since the year began. Nevertheless, the stocks have fallen -16.16% over the past one year. While a 52-week high of $223.98 was reached on 01/30/25, a 52-week low of $130.76 was recorded on 03/07/25. SMA at 50 days reached $180.84, while 200 days put it at $169.33.

Levels Of Support And Resistance For DECK Stock

The 24-hour chart illustrates a support level at 122.56, which if violated will result in even more drops to 118.39. On the upside, there is a resistance level at 130.94. A further resistance level may holdings at 135.16. The Relative Strength Index (RSI) on the 14-day chart is 22.03, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.92%. Stochastics %K at 11.27% indicates the stock is a buying.

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