Core Viewpoint - Under Armour (UAA) is experiencing a potential turnaround as recent positive analyst calls and a rebound in stock price suggest a shift in market sentiment despite previous struggles [1][4][13]. Company Overview - Founded in 1996, Under Armour has evolved into a global sportswear brand with a market capitalization of $2.26 billion, offering a wide range of products from apparel to footwear and accessories [2][6]. Financial Performance - Under Armour's Q2 results showed a revenue decline of 5% year-over-year (YOY) to $1.3 billion, with North America down 8% to $792 million, while international revenue grew 2% to $551 million [9][10]. - The gross margin fell by 250 basis points to 47.3%, influenced by supply-chain costs, but adjusted operating income reached $53 million, and adjusted EPS of $0.04 exceeded Wall Street forecasts [10][11]. Analyst Insights - Analyst Jay Sole from UBS believes that Under Armour's brand is undervalued compared to peers, with a projected 25% five-year EPS compound annual growth rate (CAGR) and a price target of $8, indicating a 47% upside potential [3][13][14]. - The consensus rating for UAA stock is "Hold," with an average price target of $5.61, suggesting a modest upside, while the highest target price of $9 indicates a potential rally of up to 65% [15]. Future Outlook - For fiscal 2026, revenue is expected to decline by 4% to 5%, with a projected adjusted EPS of $0.03 to $0.05, before a significant rebound to $0.20 in fiscal 2027 [12]. - Analysts anticipate that renewed product innovation and strong brand awareness will drive revenue growth towards $5.6 billion by 2030 [14].

Core Insights - Under Armour Inc (NYSE:UAA) shares increased by 0.5% to $5.45 following Fairfax Financial Holdings' increase in ownership stake to nearly 42 million shares, representing about 22% of the company [1] Stock Performance - The stock has struggled since an 18% bear gap in early August but has risen approximately 32% since its 15-year low of $4.13 on November 20, 2025 [2] - UAA has finished higher in nine of the last ten trading sessions and is currently facing long-term pressure at the 200-day moving average, which it surpassed earlier today [2] Short Interest and Analyst Ratings - Short interest remains high with a 29.22% short interest to float ratio, indicating potential for a short squeeze; it would take nearly six days to cover the 55.05 million shares sold short [4] - Analyst ratings show three analysts recommending the stock as a "buy" or better, while 22 rate it "hold" or worse, suggesting potential for upgrades [4] Options Activity - Options trading is active, with 3,067 calls exchanged, which is double the intraday average volume; the most active contract is the January 6 call, followed by the January 2027 22.5-strike call [5]

Core Insights - Under Armour, Inc. (UAA) is experiencing positive momentum outside North America, particularly in EMEA and Latin America, indicating the effectiveness of its global turnaround strategy [1][5] EMEA Performance - In EMEA, Under Armour achieved a year-over-year revenue growth of 12% (7% on a currency-neutral basis) in Q2 of fiscal 2026, driven by strong full-price wholesale and direct-to-consumer sales [2][9] - Strategic brand activations, including culturally relevant football campaigns and premium collaborations, have enhanced brand visibility while maintaining pricing discipline, contributing to sustained growth in the region [2][5] Latin America Performance - Latin America reported a revenue increase of 15% (14% on a currency-neutral basis), with growth across both wholesale and direct-to-consumer channels, supported by improved brand awareness and effective marketplace management [3][9] - The region's performance reflects Under Armour's ability to consistently scale its brand while effectively leveraging local demand dynamics [3] Management Guidance - For fiscal 2026, Under Armour anticipates EMEA revenues to grow at a high-single-digit rate, which is expected to offset pressures in North America and APAC [4][9] - This outlook positions EMEA as a crucial component for near-term stability and future global growth [4][5] Overall Strategy and Market Position - The momentum in EMEA and Latin America highlights Under Armour's progress in its international strategy, with disciplined execution and rising brand relevance set to stabilize results and support a return to sustainable, profitable growth [5] - Under Armour's shares have increased by 11.8% over the past three months, outperforming the industry average growth of 0.3% [6]

Company Overview - Under Armour reported a revenue of $5.05 billion for the trailing twelve months (TTM) and a net income loss of $87.65 million [4] - The company has 6,800 employees and experienced a 30.40% decline in share price over the past year, calculated using January 2, 2026, as the reference date [4] Insider Transaction - V. Prem Watsa, a 10% owner, purchased 13,182,469 shares of Under Armour for approximately $67.4 million on January 2, 2026 [1][2] - The transaction resulted in zero direct ownership for Watsa, consolidating his holdings under Fairfax Financial Holdings Limited subsidiaries, with post-transaction indirect holdings of 51,416,278 shares [6] - The shares were acquired through open-market purchases, with no options or derivative securities involved [6] Market Context - Under Armour's market capitalization has significantly decreased from over $24 billion at its market debut in early 2018 to approximately $2.15 billion recently [9] - The company's revenue contracted slightly to $2.5 billion during the six months ended September 30, 2025, with a gross margin decline of 1% year over year to 47.7% [11] - Watsa's purchase included 11.5 million Class A shares, which have voting rights, and 1.7 million Class C shares, which do not, indicating a potential activist investor approach [10] Business Model - Under Armour operates a hybrid business model that combines wholesale distribution to retailers and direct-to-consumer sales through branded stores and e-commerce platforms [7] - The company targets athletes, sports enthusiasts, and active consumers globally, with a presence in North America, EMEA, Asia-Pacific, and Latin America [8]

Company Overview - Under Armour (UAA) shares increased by 7.5% to close at $5.14, with trading volume significantly higher than usual, compared to a 4.4% gain over the past four weeks [1] - The company is experiencing strong growth in the EMEA and Latin America regions, driven by premium products and disciplined pricing strategies [1] - Brand momentum is particularly strong among younger consumers, and the company maintains a robust balance sheet that supports long-term growth [1] Financial Performance Expectations - Under Armour is projected to report a quarterly loss of $0.02 per share, reflecting a year-over-year decline of 125% [2] - Expected revenues for the upcoming quarter are $1.31 billion, which represents a decrease of 6.6% compared to the same quarter last year [2] - The consensus EPS estimate has been revised down by 38.5% over the last 30 days, indicating a negative trend in earnings estimate revisions that typically does not lead to price appreciation [3] Industry Context - Under Armour is categorized within the Zacks Textile - Apparel industry, which includes other companies such as LuxExperience B.V. - Sponsored ADR (LUXE) [3] - LUXE's consensus EPS estimate has changed by +20% to -$0.12, representing a year-over-year change of -185.7% [4] - LUXE has experienced a return of -8.5% over the past month, and it also holds a Zacks Rank of 3 (Hold) [4]

安德玛(UAA.US)股价在十个交易日内第九次实现收盘上涨，这一强势表现主要得益于费尔法克斯金融 控股公司(Fairfax Financial Holdings)的进一步增持行动。 据美国证券交易委员会(SEC)披露的最新文件显示，截至最新申报日，费尔法克斯及其关联方已累计持 有安德玛逾3,000万股，占其流通股比例的16.1%。这一持股规模较12月18日披露的9%持股比例大幅提 升。 尽管费尔法克斯金融控股公司对安德玛的持股比例大幅飙升至16.1%，但市场普遍认为其不会发起代理 权之争或推动管理层改组——这源于该机构以长线价值投资著称的市场声誉。其创始人兼首席执行官普 雷姆.瓦特萨(Prem Watsa)始终奉行保守的价值投资哲学，擅长挖掘被市场低估的资产，因精准的投资眼 光与稳健的操作风格，被业界誉为"加拿大巴菲特"。 值得一提的是，该公司最新公布的第二财季业绩超出市场预期：销售额同比下滑5%，每股亏损0.04美 元。展望2026财年，公司预计收入将下降4%–5%，较此前指引(6%–7%)有所收窄;每股盈利则预计达到 0.03–0.05美元，显著高于此前0.01–0.02美元的预期区间。 2026财年业绩 ...

智通财经APP获悉，安德玛(UAA.US)股价在十个交易日内第九次实现收盘上涨，这一强势表现主要得 益于费尔法克斯金融控股公司(Fairfax Financial Holdings)的进一步增持行动。 值得一提的是，该公司最新公布的第二财季业绩超出市场预期：销售额同比下滑5%，每股亏损0.04美 元。展望2026财年，公司预计收入将下降4%–5%，较此前指引(6%–7%)有所收窄;每股盈利则预计达到 0.03–0.05美元，显著高于此前0.01–0.02美元的预期区间。 2026财年业绩指引的上调，生动体现了公司"品牌高端化"战略的核心导向——通过聚焦前10大核心单品 实现资源高效配置，强化直营(DTC)渠道以深化品牌直接触达能力，并系统性降低对传统"高折扣促 销"模式的依赖。 截至周二收盘，安德玛股价收涨7.53%，报5.14美元;年初至今，安德玛股价已跌去近 40%。 据美国证券交易委员会(SEC)披露的最新文件显示，截至最新申报日，费尔法克斯及其关联方已累计持 有安德玛逾3,000万股，占其流通股比例的16.1%。这一持股规模较12月18日披露的9%持股比例大幅提 升。 尽管费尔法克斯金融控股公司对安德 ...

Market Overview - Major U.S. indexes closed lower, with the Dow Jones Industrial Average down 0.2% to 48,367.06, S&P 500 down 0.1% to 6,896.24, and Nasdaq down 0.2% to 23,419.08 [1] Nio Inc. (NYSE:NIO) - Nio's stock increased by 3.00% to close at $5.50, with an intraday high of $5.79 and a low of $5.50; the 52-week range is $3.02 to $8.02 [2] - The rise is attributed to confirmation from China's National Development and Reform Commission that vehicle trade-in subsidies will continue through 2026, indicating ongoing government support for auto replacement demand [2] Profusa Inc. (NASDAQ:PFSA) - Profusa's shares surged 78.33% to $0.12, with an intraday high of $0.17 and a low of $0.11; the 52-week range is $0.065 to $2.40 [3] - In after-hours trading, the stock fell 14.12% to $0.10 [3] - The company announced a restructuring of its senior secured convertible notes, raising the conversion floor price from $0.10 to $0.35 to reduce potential shareholder dilution and strengthen its balance sheet [4] - Mandatory cash and equity amortization payments scheduled to begin in early 2026 were eliminated, easing near-term cash flow pressure [4] - Management framed the changes as a de-risking move to limit equity issuance at distressed prices while improving financial flexibility; however, Profusa remains a high-risk micro-cap company facing Nasdaq non-compliance and ongoing operational challenges [5] Nike Inc. (NYSE:NKE) - Nike's stock slightly dipped by 0.03% to $61.19, with a high of $61.30 and a low of $60.64; the 52-week range is $52.28 to $82.44 [6] - The stock rose 1.5% to $62.13 in extended trading following Apple Inc.'s CEO Tim Cook's purchase of $3 million worth of Nike shares, increasing his total stake to 105,480 shares valued at $6.04 million [6] FTAI Aviation Ltd (NASDAQ:FTAI) - FTAI Aviation's stock jumped 14.30% to $197.54, with an intraday high of $199.88 and a low of $176.68; the 52-week high is $199.88 and the low is $75.10 [7] - The rise follows the announcement of FTAI Power, a new business converting aircraft engines into power turbines for AI-driven power shortages, expected to begin production in 2026 [7] Under Armour Inc. (NYSE:UAA) - Under Armour's stock rose 7.64% to $5.14, with a high of $5.20 and a low of $4.91; the 52-week range is $4.13 to $8.72 [8] - The company's Class C stock spiked 8.59% to $4.93 [8] - The increase followed a large insider purchase by Fairfax Financial Holdings, which acquired 15.68 million shares, significantly boosting its stake in both Class A and Class C shares [9] - Under Armour reported second-quarter adjusted EPS of 4 cents, beating expectations, with a gross margin of 47.3%, down year over year but ahead of consensus [9] - The company guided fiscal 2026 revenue down 4% to 5% and adjusted EPS to 3 to 5 cents, citing soft demand and tariff pressures; it expanded its fiscal 2025 restructuring plan, adding $95 million in charges related to separating the Curry Brand, while lifting its fiscal 2026 adjusted operating income outlook to $95–$110 million [10] - Fairfax's increased stake signals confidence in Under Armour's restructuring and turnaround strategy for long-term gains [11]

Core Viewpoint - UBS analysts express a significantly optimistic outlook for the global sports apparel sector by 2026, anticipating continued growth in market demand, particularly in key markets such as the US, China, and Europe [1][4]. Investment Strategy - The retail sector is expected to maintain a trend of differentiation, with sports apparel and functional brands benefiting from the global health consumption trend. Brands excelling in quality and functionality are favored, while investors should be cautious of macro pressures and brand execution risks [1][2]. - Specific investment opportunities within the softlines retail sector are concentrated in sports apparel and footwear, particularly for globally recognized brands with strong brand equity, innovation, and omnichannel execution capabilities, such as Nike, Under Armour, Adidas, and On Holding [2][7]. Consumer Sentiment - A UBS survey indicates a strong intent among consumers to purchase sports apparel in the next 12 months, particularly favoring high-quality products and brands with good performance, with Nike and Adidas expected to excel in these areas [1][3]. - The survey shows a 2.9% increase in softlines consumption intent compared to the previous year, with a significant acceleration of 535 basis points month-over-month. This indicates a positive shift in consumer sentiment towards softlines retail stocks [3]. Brand Recognition - Brand loyalty and recognition for sports brands are on the rise, with Nike and Adidas showing high consumer awareness globally, especially in China, where their brand recognition significantly outpaces competitors [4][5]. Key Stocks - UBS highlights specific stocks to watch, including Nike, which remains a leader in the industry with strong brand recognition and consumer loyalty. Adidas continues to perform well globally, particularly in Europe. Under Armour is viewed as a potential growth stock despite facing challenges, while Deckers Outdoor, On Holding, and Amer Sports are also noted as stocks with promising future price trends [7].

Core Viewpoint - The article summarizes the latest analyst ratings from Wall Street, highlighting significant upgrades, downgrades, and new coverage that could impact market sentiment and investment decisions [1][6]. Upgrades - Oppenheimer upgraded General Electric Energy (GEV) from "Hold" to "Outperform," setting a target price of $855, citing improved pricing and sales, along with enhanced factory utilization and operational efficiency [5]. - JPMorgan raised PepsiCo (PEP) from "Neutral" to "Overweight," increasing the target price from $151 to $164, due to the company's accelerated innovation and marketing spending [5]. - HSBC upgraded AbbVie (ABBV) from "Hold" to "Buy," with a target price increase from $225 to $265, noting the company's growth momentum and strong execution capabilities [5]. - Morgan Stanley raised Terex (TEX) from "Equal Weight" to "Overweight," with a target price increase from $47 to $60, as the company's performance has rebounded and its business mix has improved [5]. - Oppenheimer upgraded Dyne Therapeutics (DYN) from "Hold" to "Outperform," significantly raising the target price from $11 to $40, highlighting the stock's undervaluation compared to its competitor Avidity [5]. Downgrades - HSBC downgraded Biogen (BIIB) from "Hold" to "Reduce," with a slight target price decrease from $144 to $143, citing the poor performance of its multiple sclerosis business [5]. - Jefferies lowered Emerson Electric (EMR) from "Buy" to "Hold," maintaining a target price of $145, indicating limited short-term upside due to the company's recent performance outlook [5]. - JPMorgan downgraded Noble Energy (NE) from "Overweight" to "Neutral," raising the target price from $31 to $33, while expressing caution about upstream capital expenditures [5]. - Jefferies downgraded Rexnord (RRX) from "Buy" to "Hold," reducing the target price from $170 to $160, noting that the company's transformation plan is taking longer than expected [5]. - Jefferies lowered Vail Resorts (VLTO) from "Buy" to "Hold," with a target price decrease from $125 to $105, stating that the current stock price reflects the company's stable demand and strong returns [5]. New Coverage - Guggenheim initiated coverage on Amazon (AMZN) with a "Buy" rating and a target price of $300, suggesting that the retail sector is showing signs of improvement despite previous concerns [9]. - B. Riley initiated coverage on Roblox (RBLX) with a "Buy" rating and a target price of $125, highlighting the company's strong long-term fundamentals [13]. - Cowen initiated coverage on Sensata Technologies (IOT) with an "Outperform" rating and a target price of $55, believing the company's platform aligns well with the $45 trillion "physical operations" industry [13]. - B. Riley initiated coverage on Take-Two (TTWO) with a "Buy" rating and a target price of $300, driven by the anticipated release of Grand Theft Auto 6 in November 2026 [13]. - Canadian Imperial Bank of Commerce initiated coverage on Shark Ninja (SN) with a "Buy" rating and a target price of $135, viewing the company as a "category disruptor" [13].