Q3 EPS Estimates for Urban Outfitters Cut by Zacks Research

Key Points

• Zacks Research has lowered its Q3 2026 earnings per share estimate for Urban Outfitters, predicting $1.16, down from $1.17.
• Urban Outfitters recently reported earnings of $1.58 per share for the last quarter, exceeding analysts' expectations of $1.44, with revenue rising 11.3% year-over-year.
• The stock has a current average rating of "Hold" with a target price of $81.91, while recent insider trading showed a director sold shares, reducing their stake significantly.

Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) - Stock analysts at Zacks Research cut their Q3 2026 earnings estimates for Urban Outfitters in a research note issued to investors on Wednesday, September 17th. Zacks Research analyst Team now forecasts that the apparel retailer will post earnings of $1.16 per share for the quarter, down from their prior forecast of $1.17. The consensus estimate for Urban Outfitters' current full-year earnings is $3.91 per share. Zacks Research also issued estimates for Urban Outfitters' Q4 2026 earnings at $1.33 EPS, FY2026 earnings at $5.23 EPS, Q1 2027 earnings at $1.20 EPS, Q2 2027 earnings at $1.54 EPS, Q3 2027 earnings at $1.43 EPS, Q1 2028 earnings at $1.41 EPS and Q2 2028 earnings at $1.77 EPS.

URBN has been the topic of a number of other research reports. Bank of America raised their price objective on Urban Outfitters from $90.00 to $93.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Baird R W upgraded shares of Urban Outfitters from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 11th. JPMorgan Chase & Co. boosted their price objective on shares of Urban Outfitters from $88.00 to $89.00 and gave the company an "overweight" rating in a research report on Thursday, August 28th. Telsey Advisory Group raised their price objective on shares of Urban Outfitters from $72.00 to $80.00 and gave the stock a "market perform" rating in a report on Thursday, August 28th. Finally, Robert W. Baird upgraded shares of Urban Outfitters from a "neutral" rating to an "outperform" rating and boosted their target price for the stock from $75.00 to $90.00 in a report on Wednesday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Urban Outfitters has a consensus rating of "Hold" and an average price target of $81.91.

Urban Outfitters Trading Down 0.2%

URBN traded down $0.17 during trading on Thursday, hitting $71.41. 2,448,865 shares of the company's stock traded hands, compared to its average volume of 2,273,542. The company's 50 day simple moving average is $73.85 and its two-hundred day simple moving average is $64.45. The stock has a market capitalization of $6.41 billion, a price-to-earnings ratio of 13.95, a PEG ratio of 1.14 and a beta of 1.29. Urban Outfitters has a 12-month low of $34.76 and a 12-month high of $80.71.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.44 by $0.14. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.48 billion. Urban Outfitters had a net margin of 8.15% and a return on equity of 18.43%. The company's revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.24 EPS.

Institutional Investors Weigh In On Urban Outfitters

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. lifted its holdings in shares of Urban Outfitters by 277.2% during the 2nd quarter. Osaic Holdings Inc. now owns 6,741 shares of the apparel retailer's stock worth $489,000 after acquiring an additional 4,954 shares during the period. Orion Porfolio Solutions LLC raised its holdings in Urban Outfitters by 27.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 22,953 shares of the apparel retailer's stock valued at $1,665,000 after buying an additional 4,956 shares during the last quarter. Thrivent Financial for Lutherans grew its position in Urban Outfitters by 7.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 44,581 shares of the apparel retailer's stock valued at $3,234,000 after purchasing an additional 3,236 shares during the period. Advisory Services Network LLC bought a new stake in shares of Urban Outfitters during the 2nd quarter worth $368,000. Finally, State of Wyoming grew its holdings in Urban Outfitters by 105.7% during the 2nd quarter. State of Wyoming now owns 6,808 shares of the apparel retailer's stock valued at $494,000 after buying an additional 3,499 shares in the last quarter. Hedge funds and other institutional investors own 77.61% of the company's stock.

Insider Activity

In other news, Director Mary Egan sold 1,000 shares of the company's stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $70.12, for a total value of $70,120.00. Following the sale, the director owned 14,250 shares in the company, valued at approximately $999,210. This represents a 6.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 31.60% of the stock is owned by corporate insiders.

Urban Outfitters Company Profile

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.