Deckers Outdoor Corp

DECK is in a Stage 2 advancing regime with a clear higher-high/higher-low sequence and rising EMAs providing dynamic support. The medium-term bias is bullish, supported by stage and primary pattern, while the short-term readiness is favorable as price holds just above the 9, 20, and 50 EMAs with no exhaustion. Under the Free Cash Flow + Buybacks strategy, immediate participation on shallow pullbacks into the EMA zone is justified.

• ↑Revenue rose 10% YoY to $5.47B in FY26 on HOKA and UGG
• ↑Gross margin of 57.7% held firm despite $150M tariffs and rising freight
• ↓Gross margin projected at ~56.5% in FY27 amid tariff and freight pressures