u/MarkTsaiTai · 4d agono track record yet
DECK at $85.71: A better investment than AVGO, MU or NBIS
Deckers trades at 11.5x FY2027 guidance with a 9.6% cash-flow yield and $1.6B net cash, offering attractive risk-adjusted returns over a two-to-five-year horizon despite near-term execution risks in HOKA and UGG. The author's base case targets $124.50 with both higher earnings and multiple expansion, though a more conservative scenario yields only $95.50 if multiples compress.