Under Armour, Inc. (UA) AI Stock Analysis

Under Armour, Inc. develops, markets, and distributes performance apparel, footwear, and accessories tailored for men, women, and youth athletes. Its apparel includes compression, fitted, and loose styles, while footwear covers running, training, basketball, cleated sports, recovery, and outdoor pursuits. It also sells accessories like gloves, bags, and headwear, alongside digital subscription and advertising services via MapMyRun and MapMyRide. The company markets through brands such as UNDER ARMOUR, HEATGEAR, COLDGEAR, and HOVR across sporting goods chains, department stores, and branded retail stores worldwide.

Under Armour's revenue fell from $5.86B in FY2023 to $5.69B in FY2024, $5.17B in FY2025, and $4.97B in FY2026, reflecting a 5-year revenue CAGR of -3.4%. Net income shifted from $374.5M in FY2023 to -$201.3M in FY2025 and -$495.6M in FY2026. Gross margin stood at 45.5% in FY2026, down from 47.9% in FY2025, while operating margin fell to -0.7%. In the latest quarter ending June 30, 2026, quarterly revenue fell 3.2% year-over-year, and quarterly earnings fell 98.9% year-over-year, bringing trailing twelve-month revenue to $4.93B with a net margin of -10.0%.

As of June 30, 2026, Under Armour held $396.0M in cash and short-term investments against total debt of $1.38B, resulting in net debt of $980.1M. Shareholders' equity was $1.43B, with total assets of $4.10B, yielding a debt-to-equity ratio of 0.96 and a current ratio of 1.81. In FY2026, operating cash flow was -$75.1M and free cash flow was -$162.2M. Capital expenditures totaled $87.1M, while share buybacks absorbed $25.0M.

Under Armour trades at a market cap of $1.99B and an enterprise value of $2.91B. Its forward P/E ratio is 44.4x, well above the 14.1x median of its US-listed Consumer Cyclical peers. The stock's EV to EBITDA is 27.6x compared to the peer median of 11.1x, while its price-to-sales of 0.4x is below the peer median of 0.7x. Over the past year, the stock returned 0.2%, lagging the S&P 500 return of 16.8%. Over 5 years, the stock returned -74.0% versus an 83.0% gain for the benchmark.

Analysts have set a mean price target of $14.00 for Under Armour, representing 202.4% upside compared to its last close of $4.63. Over the last 4 quarters, the company recorded 0 EPS beats. For the current fiscal year ending March 31, 2027, consensus estimates project revenue of $4.73B. Revenue is expected to reach $4.84B in the next fiscal year, representing revenue growth of 2.2%. The next earnings date is scheduled for November 6, 2026.

This page is an AI-written research summary of Under Armour, Inc. (UA). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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