BofA analyst Lorraine Hutchinson lowered the firm’s price target on Under Armour (UA) (UAA) to $8 from $10 and keeps a Neutral rating on the shares after the company reported a Q4 loss per share of (8c), in line with the firm’s and Visible Alpha consensus estimates, as better-than-expected sales and margins were offset by higher SG&A costs. The firm, which is lowering its FY26 and FY27 EPS forecasts to 37c and 43c, respectively, to reflect 100 basis points of margin headwind from tariffs, thinks that near term tariff uncertainty is balanced by the potential for longer-term margin recovery.
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Read More on UAA:
- Under Armour price target lowered to $10 from $11 at Stifel
- Under Armour price target raised to $7 from $6 at Baird
- Cautious Outlook on Under Armour: Sell Rating Amid High Valuation and Uncertain Turnaround Prospects
- Under Armour price target raised to $5 from $4 at Wells Fargo
- Under Armour’s Mixed Financial Outlook: Balancing Margin Recovery Potential and Near-Term Challenges