Under Armour (NYSE:UAA) Issues Q2 2026 Earnings Guidance

Key Points

• Under Armour has issued disappointing Q2 2026 earnings guidance, projecting an EPS of 0.010-0.020 against a consensus estimate of 0.28 and revenue of $1.1 billion compared to an estimate of $1.4 billion.
• The stock saw a 1.9% drop following the guidance announcement, and analysts have lowered their price targets, with Citigroup reducing theirs from $8.00 to $6.00.
• Insider transactions revealed a sale of 16,287 shares by Mehri Shadman, which raised concerns as it represented a 7.83% decrease in ownership.

Under Armour (NYSE:UAA - Get Free Report) issued an update on its second quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.010-0.020 for the period, compared to the consensus EPS estimate of 0.28. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.4 billion.

Under Armour Stock Down 1.9%

Shares of NYSE:UAA opened at $6.61 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.10 and a quick ratio of 1.25. The firm has a market capitalization of $2.84 billion, a PE ratio of -14.05, a price-to-earnings-growth ratio of 0.94 and a beta of 1.61. The firm's 50-day moving average is $6.83 and its two-hundred day moving average is $6.71. Under Armour has a 1 year low of $4.78 and a 1 year high of $11.89.

Under Armour (NYSE:UAA - Get Free Report) last released its earnings results on Tuesday, May 13th. The company reported ($0.08) earnings per share for the quarter, topping analysts' consensus estimates of ($0.09) by $0.01. Under Armour had a negative net margin of 3.90% and a positive return on equity of 7.04%. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period in the prior year, the firm earned $0.11 earnings per share. The business's quarterly revenue was down 11.4% compared to the same quarter last year. Analysts predict that Under Armour will post 0.3 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently weighed in on UAA shares. Citigroup cut their target price on shares of Under Armour from $8.00 to $6.00 and set a "neutral" rating on the stock in a research note on Monday, April 28th. The Goldman Sachs Group started coverage on shares of Under Armour in a research note on Wednesday, July 2nd. They set a "neutral" rating and a $7.00 target price on the stock. Telsey Advisory Group restated a "market perform" rating and set a $7.00 target price on shares of Under Armour in a research note on Monday. Truist Financial cut their target price on shares of Under Armour from $9.00 to $7.00 and set a "hold" rating on the stock in a research note on Wednesday, May 14th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Under Armour in a report on Wednesday, May 14th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $7.31.

Insider Buying and Selling at Under Armour

In other news, insider Mehri Shadman sold 16,287 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $6.14, for a total value of $100,002.18. Following the completion of the sale, the insider directly owned 191,796 shares of the company's stock, valued at approximately $1,177,627.44. This represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 15.60% of the company's stock.

Institutional Investors Weigh In On Under Armour

Several large investors have recently modified their holdings of the stock. Royal Bank of Canada raised its stake in shares of Under Armour by 5.3% during the first quarter. Royal Bank of Canada now owns 1,158,649 shares of the company's stock worth $7,242,000 after purchasing an additional 58,701 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Under Armour by 33.1% during the first quarter. Goldman Sachs Group Inc. now owns 328,746 shares of the company's stock worth $2,055,000 after purchasing an additional 81,732 shares during the last quarter. Finally, United Services Automobile Association purchased a new stake in shares of Under Armour during the first quarter worth approximately $83,000. Hedge funds and other institutional investors own 34.58% 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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