Under Armour Inc (UAA) May 7 straddle into quarter results

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Under Armour, Inc. (UAA) PT Lowered to $10 at Stifel

May 16, 2024 3:53 PM EDT

Stifel analyst Jim Duffy lowered the price target on Under Armour, Inc. (NYSE: UAA) to $10.00 (from $11.00) while maintaining a Buy rating.

The analyst comments "With the mid-March CEO change, a weak outlook was anticipated. Indeed, the FY25 outlook called for -LDD revenue,... More

JPMorgan Downgrades Under Armour, Inc. (UAA) to Underweight

May 16, 2024 1:29 PM EDT

JPMorgan analyst Matthew Boss downgraded Under Armour, Inc. (NYSE: UAA) from Neutral to Underweight with a price target of $6.00 (from $8.00).

The analyst comments "Looking ahead, mgmt set FY25 adj. EPS at $0.18-$0.21 (67% below Street $0.59) based on a revenue decline of negative low-double-digits... More

Under Armour stock tumbles as guidance disappoints

May 16, 2024 7:49 AM EDT

Under Armour Inc (NYSE: UAA) (NYSE: UA) reported its fourth-quarter earnings on Thursday, surpassing analyst expectations for adjusted earnings per share (EPS) but delivering a revenue forecast that fell short of Wall Street estimates, sending its shares down 16%.

The sportswear company posted an adjusted EPS of $0.11 for the quarter, beating the consensus estimate of $0.08. However, revenue remained flat at $1.33 billion, aligning with analyst projections but marking a 5%... More

Evercore ISI Cautious on Under Armour, Inc. (UAA)

May 14, 2024 6:06 AM EDT

Evercore ISI analyst Michael Binetti reiterated an Underperform rating and $7.00 price target on Under Armour, Inc. (NYSE: UAA)

The analyst comments "We Remain Cautious on F4Q Sales. While sluggish overall C1Q24 discretionary spending has been well documented, were... More