Telsey Advisory Group Forecasts Strong Price Appreciation for Urban Outfitters (NASDAQ:URBN) Stock

Key Points

• Telsey Advisory Group has increased Urban Outfitters' price target from $72.00 to $80.00, suggesting a potential upside of 2.55% from the previous close.
• Urban Outfitters reported a quarterly EPS of $1.58, surpassing analysts' expectations of $1.44, with a year-over-year revenue increase of 11.3%.
• Currently, Urban Outfitters has a consensus rating of "Hold" with an average target price of $78.00, based on multiple analyst recommendations.

Urban Outfitters (NASDAQ:URBN - Get Free Report) had its price objective raised by equities research analysts at Telsey Advisory Group from $72.00 to $80.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a "market perform" rating on the apparel retailer's stock. Telsey Advisory Group's target price indicates a potential upside of 19.26% from the stock's previous close. Telsey Advisory Group also issued estimates for Urban Outfitters' Q3 2026 earnings at $1.16 EPS, Q4 2026 earnings at $1.31 EPS, FY2026 earnings at $5.20 EPS, Q1 2027 earnings at $1.23 EPS, Q2 2027 earnings at $1.63 EPS, Q3 2027 earnings at $1.27 EPS, Q4 2027 earnings at $1.46 EPS and FY2027 earnings at $5.59 EPS.

Several other equities analysts also recently weighed in on URBN. Barclays raised their price target on Urban Outfitters from $59.00 to $73.00 and gave the company an "overweight" rating in a report on Tuesday, May 20th. Bank of America lifted their target price on Urban Outfitters from $70.00 to $80.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. Robert W. Baird raised Urban Outfitters from a "neutral" rating to an "outperform" rating and lifted their target price for the stock from $75.00 to $90.00 in a report on Wednesday, June 11th. JPMorgan Chase & Co. increased their price objective on shares of Urban Outfitters from $78.00 to $88.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Finally, Baird R W upgraded shares of Urban Outfitters from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 11th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $81.82.

Urban Outfitters Trading Down 3.8%

NASDAQ:URBN traded down $2.62 during trading hours on Thursday, reaching $67.08. 2,927,391 shares of the company traded hands, compared to its average volume of 2,080,711. Urban Outfitters has a 1 year low of $33.86 and a 1 year high of $80.71. The stock has a market capitalization of $6.01 billion, a P/E ratio of 13.10, a P/E/G ratio of 1.15 and a beta of 1.44. The business's 50-day moving average price is $74.14 and its two-hundred day moving average price is $62.94.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The apparel retailer reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.14. Urban Outfitters had a return on equity of 18.43% and a net margin of 8.15%.The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same period last year, the company earned $1.24 earnings per share. The company's revenue was up 11.3% on a year-over-year basis. As a group, equities analysts anticipate that Urban Outfitters will post 3.91 EPS for the current year.

Insider Buying and Selling

In other Urban Outfitters news, CEO Tricia D. Smith sold 4,500 shares of the company's stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $70.52, for a total value of $317,340.00. Following the completion of the sale, the chief executive officer owned 13,477 shares in the company, valued at $950,398.04. This represents a 25.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 31.60% of the stock is currently owned by insiders.

Institutional Trading of Urban Outfitters

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its position in shares of Urban Outfitters by 4.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 15,784 shares of the apparel retailer's stock valued at $866,000 after purchasing an additional 638 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Urban Outfitters during the 4th quarter valued at $513,000. Price T Rowe Associates Inc. MD grew its stake in Urban Outfitters by 11.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 40,140 shares of the apparel retailer's stock valued at $2,203,000 after acquiring an additional 4,281 shares in the last quarter. Aquatic Capital Management LLC bought a new stake in Urban Outfitters in the 4th quarter valued at $220,000. Finally, Tudor Investment Corp ET AL purchased a new stake in Urban Outfitters in the 4th quarter worth $578,000. Hedge funds and other institutional investors own 77.61% of the company's stock.

About Urban Outfitters

Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nuuly. It operates Urban Outfitters stores, which offer women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28; and Anthropologie stores that provide women's apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.