Telsey Advisory Group Comments on Under Armour Q2 Earnings

Key Points

• Telsey Advisory Group has significantly revised its Q2 2026 earnings estimate for Under Armour from $0.26 to $0.02 per share, indicating weaker anticipated performance.
• Under Armour's latest earnings report revealed $0.02 EPS, falling short of the consensus estimate of $0.03, with a 4.2% revenue decline year-over-year.
• Current ratings for Under Armour stock show 13 hold ratings, 4 sell ratings, and 3 buy ratings, with a consensus target price of $6.74.

Under Armour, Inc. (NYSE:UAA - Free Report) - Research analysts at Telsey Advisory Group dropped their Q2 2026 earnings estimates for shares of Under Armour in a research report issued on Monday, August 11th. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will earn $0.02 per share for the quarter, down from their previous estimate of $0.26. Telsey Advisory Group has a "Market Perform" rating and a $5.00 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 Q4 2026 earnings at ($0.02) EPS and FY2026 earnings at $0.06 EPS.

Under Armour (NYSE:UAA - Get Free Report) last released its quarterly earnings results on Friday, August 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The business had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.13 billion. During the same period in the previous year, the company earned $0.01 EPS. Under Armour's revenue for the quarter was down 4.2% compared to the same quarter last year.

Other equities research analysts have also issued reports about the stock. Stifel Nicolaus reduced their target price on shares of Under Armour from $11.00 to $10.00 and set a "buy" rating for the company in a report on Wednesday, May 14th. Wall Street Zen lowered shares of Under Armour from a "hold" rating to a "sell" rating in a report on Saturday, May 24th. Wells Fargo & Company lifted their price objective on shares of Under Armour from $4.00 to $5.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 14th. Truist Financial dropped their price objective on shares of Under Armour from $9.00 to $7.00 and set a "hold" rating for the company in a research note on Wednesday, May 14th. Finally, The Goldman Sachs Group began coverage on Under Armour in a report on Wednesday, July 2nd. They issued a "neutral" rating and a $7.00 price objective for the company. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $6.74.

Under Armour Price Performance

NYSE UAA opened at $5.02 on Wednesday. The company has a 50-day moving average price of $6.75 and a 200-day moving average price of $6.63. The firm has a market capitalization of $2.16 billion, a P/E ratio of 22.97, a PEG ratio of 0.77 and a beta of 1.61. Under Armour has a 52 week low of $4.78 and a 52 week high of $11.89. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21.

Institutional Investors Weigh In On Under Armour

Several institutional investors have recently added to or reduced their stakes in UAA. Mariner LLC increased its holdings in shares of Under Armour by 10.0% in the fourth quarter. Mariner LLC now owns 17,006 shares of the company's stock valued at $141,000 after purchasing an additional 1,552 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Under Armour by 0.4% in the first quarter. Principal Financial Group Inc. now owns 435,307 shares of the company's stock valued at $2,721,000 after purchasing an additional 1,888 shares during the period. Beacon Pointe Advisors LLC increased its holdings in shares of Under Armour by 10.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 21,470 shares of the company's stock valued at $178,000 after purchasing an additional 2,080 shares during the period. UMB Bank n.a. increased its holdings in shares of Under Armour by 133.8% in the second quarter. UMB Bank n.a. now owns 4,203 shares of the company's stock valued at $29,000 after purchasing an additional 2,405 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Under Armour by 12.0% in the first quarter. PNC Financial Services Group Inc. now owns 26,694 shares of the company's stock valued at $167,000 after purchasing an additional 2,868 shares during the period. Hedge funds and other institutional investors own 34.58% of the company's stock.

Insider Activity at Under Armour

In other news, insider Mehri Shadman sold 16,287 shares of the business's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $6.14, for a total transaction of $100,002.18. Following the completion of the transaction, the insider directly owned 191,796 shares of the company's stock, valued at approximately $1,177,627.44. The trade was a 7.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 15.60% of the company's stock.

About Under Armour

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.

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