Under Armour stock tumbles as guidance disappoints

Under Armour, Inc. (UAA) PT Lowered to $6 at Williams Trading

Williams Trading analyst Sam Poser lowered the price target on Under Armour, Inc. (NYSE: UAA) to $6.00 (from $8.00) while maintaining a Hold rating.

The analyst comments "Lowering estimates, and PT from $8 to $6 post a 4Q24 beat, and FY25 guidance that was well below... More

Under Armour, Inc. (UAA) PT Lowered to $6 at Wells Fargo

Wells Fargo analyst Will Gaertner lowered the price target on Under Armour, Inc. (NYSE: UAA) to $6.00 (from $7.00) while maintaining a Equal Weight rating.

The analyst comments "4Q revs/EPS were relatively in line w/ expectations. The bigger story was the announced restructuring,... More

Under Armour, Inc. (UAA) PT Lowered to $8 at BofA Securities

BofA Securities analyst Lorraine Hutchinson lowered the price target on Under Armour, Inc. (NYSE: UAA) to $8.00 (from $9.00) while maintaining a Neutral rating.

The analyst comments "We reiterate our Neutral rating as we think the stocks discounted valuation fairly reflects the clouded visibility toward... More

Under Armour, Inc. (UAA) PT Lowered to $6 at Evercore ISI

Evercore ISI analyst Michael Binetti lowered the price target on Under Armour, Inc. (NYSE: UAA) to $6.00 (from $7.00) while maintaining a Underperform rating.

The analyst comments "We think UAA is walking a very complicated strategy. Several of the initial inputs to the turnaround... More

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

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

Under Armour, Inc. (UAA) PT Lowered to $4 at CFRA

CFRA analyst Zachary Warring lowered the price target on Under Armour, Inc. (NYSE: UAA) to $4.00 (from $5.00) while maintaining a Sell rating.

The analyst comments "We lower our 12-month price target by $1 to $4, based on 16.0x our FY 25 (Mar.) EPS estimate and well below... More

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

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 forecasts underwhelm on patchy demand, unveils restructuring

By Juveria Tabassum

(Reuters) -Under Armour on Thursday forecast a surprise fall in sales for the year and laid out plans to overhaul its business, as the sportswear maker looks to revive demand for its brand in the United States.

Shares of the company reversed course from premarket losses to rise about 2%, after CEO Kevin Plank said he plans to pare back heightened promotions and control inventory, as well cut jobs to streamline operations.

"Too many areas of... More

Under Armour Inc (UAA) Tops Q1 EPS by 3c, EPS Guidance Misses

Under Armour Inc (NYSE: UAA) reported Q1 EPS of $0.11, $0.03 better than the analyst estimate of $0.08. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.33 billion.

GUIDANCE:

Under Armour Inc sees FY2025 EPS of $0.18-$0.21, versus the consensus of... More

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

Under Armour Inc (NYSE: UAA) May 7 straddle priced for a move of 14% into the expected release of quarter results today before the bell.

Under Armour Inc (UAA) call put ratio 1 call to 2.8 puts into quarter results and outlook

Under Armour Inc (NYSE: UAA) May call option implied volatility is at 169, June is at 67; compared to its 52-week range of into the expected release of quarter results before the bell on May 16.

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

Under Armour Inc (NYSE: UAA) May 7 straddle priced for a move of 13% into the expected release of quarter results before the bell on May 16.

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

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

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

Under Armour Inc (NYSE: UAA) May 7 straddle priced for a move of 11% into the expected release of quarter results before the bell on May 16.