Telsey Advisory Group Cuts Under Armour (NYSE:UAA) Price Target to $5.00

Telsey Advisory Group Cuts Under Armour (NYSE:UAA) Price Target to $5.00

Under Armour (NYSE:UAA – Free Report) had its price target reduced by Telsey Advisory Group from $7.00 to $5.00 in a report published on Monday, Marketbeat.com reports. Telsey Advisory Group currently has a market perform rating on the stock. Telsey Advisory Group also issued estimates for Under Armour’s Q2 2026 earnings at $0.02 EPS, Q3 […]

Under Armour under pressure

Brand expects 50 per cent fall in operating income year-on-year. Goods sourced from Indonesia and Vietnam become problematic. Stock reduction remains core to turnaround strategy. Tariffs hit brands with outsourcing differently, says CEO. Q1 revenue fell 4 per cent to $1.1 bn, while Q2 sales are projected to drop 6–7 per cent, with EPS far below forecasts.Brand expects 50 per cent fall in operating income year-on-year. Goods sourced from Indonesi…