Under Armour Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Under Armour stock have an average target of 8.54, with a low estimate of 7.00 and a high estimate of 12. The average target predicts an increase of 26.71% from the current stock price of 6.74.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$7.00	$8.54	$8.00	$12
Change	+3.86%	+26.71%	+18.69%	+78.04%

Analyst Ratings

The average analyst rating for Under Armour stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	5	5	5	4	3	1
Buy	1	1	1	0	0	0
Hold	10	10	10	10	10	11
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	16	16	16	14	14	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Will Gaertner Wells Fargo	Wells Fargo	Hold Maintains $8 → $7	Hold	Maintains	$8 → $7	+3.86%	Apr 25, 2024
Laurent Vasilescu Exane BNP Paribas	Exane BNP Paribas	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Mar 14, 2024
Michael Binetti Evercore ISI Group	Evercore ISI Group	Hold → Sell Downgrades $8 → $7	Hold → Sell	Downgrades	$8 → $7	+3.86%	Mar 14, 2024
Joseph Feldman Telsey Advisory Group	Telsey Advisory Group	Hold Reiterates $9	Hold	Reiterates	$9	+33.53%	Mar 14, 2024
Sam Poser Williams Trading	Williams Trading	Strong Buy → Hold Downgrades $8	Strong Buy → Hold	Downgrades	$8	+18.69%	Mar 14, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

5.77B

from 5.90B

-2.30%

from 5.90B

Revenue Next Year

5.90B

from 5.77B

2.31%

from 5.77B

EPS This Year

0.53

from 0.84

-37.10%

from 0.84

EPS Next Year

0.61

from 0.53

14.53%

from 0.53

Year	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	5.19B	5.27B	4.47B	5.68B	5.90B	5.77B	5.90B	6.16B	6.78B	7.24B	7.71B
Revenue Growth	4.09%	1.42%	-15.05%	27.01%	3.87%	-2.30%	2.31%	4.30%	10.15%	6.83%	6.43%
EPS	-0.10	0.20	-1.21	0.77	0.84	0.53	0.61	0.72	0.88	1.07	1.54
EPS Growth	-	-	-	-	9.09%	-37.10%	14.53%	18.17%	22.42%	21.73%	44.08%
No. Analysts	-	-	-	-	-	28	27	21	4	3	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2023	2024	2025	2026	2027	2028
High	6.3B	6.8B	6.7B	7.1B	7.5B	8.0B
Avg	5.8B	5.9B	6.2B	6.8B	7.2B	7.7B
Low	5.6B	5.5B	5.7B	6.5B	7.0B	7.5B

Revenue Growth

Revenue Growth	2023	2024	2025	2026	2027	2028
High	6.1%	17.5%	12.9%	15.6%	11.1%	10.7%
Avg	-2.3%	2.3%	4.3%	10.2%	6.8%	6.4%
Low	-5.8%	-4.9%	-3.8%	5.6%	3.6%	3.3%

EPS Forecast

EPS	2023	2024	2025	2026	2027	2028
High	0.61	0.76	0.91	1.18	1.39	1.60
Avg	0.53	0.61	0.72	0.88	1.07	1.54
Low	0.50	0.50	0.56	0.72	0.77	1.49

EPS Growth

EPS Growth	2023	2024	2025	2026	2027	2028
High	-27.5%	43.1%	51.0%	64.5%	58.3%	49.8%
Avg	-37.1%	14.5%	18.2%	22.4%	21.7%	44.1%
Low	-40.8%	-5.4%	-7.4%	0.0%	-11.6%	39.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.