Telsey Advisory Group Predicts Under Armour Q3 Earnings

Key Points

• Analyst C. Fernandez from Telsey Advisory Group has lowered Under Armour's Q3 2026 EPS estimate from $0.10 to $0.09, maintaining a "Market Perform" rating and a price target of $7.00.
• Under Armour recently reported a quarterly EPS of ($0.08), surpassing the consensus estimate of ($0.09), but experienced a year-over-year revenue decline of 11.4%.
• Overall, the stock ratings for Under Armour include three sell, thirteen hold, and four buy recommendations, with an average rating of "Hold" and a consensus target price of $7.31.

Under Armour, Inc. (NYSE:UAA - Free Report) - Equities researchers at Telsey Advisory Group cut their Q3 2026 earnings estimates for shares of Under Armour in a research note issued to investors on Monday, August 4th. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will post earnings of $0.09 per share for the quarter, down from their previous estimate of $0.10. Telsey Advisory Group currently has a "Market Perform" rating and a $7.00 price objective on the stock. The consensus estimate for Under Armour's current full-year earnings is $0.30 per share. Telsey Advisory Group also issued estimates for Under Armour's FY2027 earnings at $0.35 EPS.

Under Armour (NYSE:UAA - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.01. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.16 billion. Under Armour had a negative net margin of 3.90% and a positive return on equity of 7.04%. The company's revenue for the quarter was down 11.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.11 earnings per share.

A number of other equities analysts also recently weighed in on the stock. Wall Street Zen downgraded shares of Under Armour from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th. Barclays cut their target price on Under Armour from $8.00 to $6.00 and set an "equal weight" rating on the stock in a research report on Monday, May 12th. UBS Group boosted their price target on Under Armour from $7.00 to $8.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Bank of America dropped their price target on Under Armour from $10.00 to $8.00 and set a "neutral" rating for the company in a research note on Wednesday, May 14th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Under Armour in a research note on Wednesday, May 14th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $7.31.

Under Armour Trading Down 1.9%

Shares of Under Armour stock traded down $0.13 during trading hours on Tuesday, reaching $6.61. 12,466,073 shares of the company's stock were exchanged, compared to its average volume of 9,411,079. Under Armour has a 52-week low of $4.78 and a 52-week high of $11.89. The company has a fifty day moving average of $6.83 and a 200-day moving average of $6.71. The company has a current ratio of 2.10, a quick ratio of 1.25 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $2.84 billion, a price-to-earnings ratio of -14.05, a price-to-earnings-growth ratio of 0.94 and a beta of 1.61.

Hedge Funds Weigh In On Under Armour

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UAA. Northern Trust Corp raised its holdings in Under Armour by 18.9% during the 4th quarter. Northern Trust Corp now owns 1,729,796 shares of the company's stock worth $14,323,000 after purchasing an additional 275,131 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Under Armour by 36.5% in the fourth quarter. JPMorgan Chase & Co. now owns 554,525 shares of the company's stock valued at $4,591,000 after acquiring an additional 148,280 shares during the last quarter. Eisler Capital Management Ltd. acquired a new stake in Under Armour during the 4th quarter worth $2,514,000. Renaissance Technologies LLC lifted its stake in shares of Under Armour by 13.7% in the 4th quarter. Renaissance Technologies LLC now owns 4,837,800 shares of the company's stock valued at $40,057,000 after purchasing an additional 581,800 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Under Armour by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 15,548,461 shares of the company's stock valued at $128,741,000 after purchasing an additional 263,988 shares during the period. 34.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Under Armour

In related news, insider Mehri Shadman sold 16,287 shares of the company's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $6.14, for a total value of $100,002.18. Following the sale, the insider owned 191,796 shares of the company's stock, valued at $1,177,627.44. The trade was a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 15.60% of the stock is owned by company insiders.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.