We just lately revealed 10 Straightforward Double-Digit Gainers. Beneath Armour Inc. (NYSE:UAA) was among the best performers final week.
Beneath Armour surged by 22.5 % week-on-week, as buyers took path from increased value targets from two funding corporations, regardless of the sports activities attire maker’s disappointing earnings efficiency within the third quarter of fiscal yr 2026.
In separate market stories, Barclays and Truist Securities each raised their value targets for Beneath Armour Inc. (NYSE:UAA) to $8, from $6 and $5, respectively.
Barclays reaffirmed its “impartial” stance, whereas Truist maintained its“maintain” advice for the inventory.
In the meantime, it obtained a “promote” advice from JPMorgan at a value goal of $5.
The inventory protection adopted Beneath Armour Inc.’s (NYSE:UAA) dismal earnings efficiency within the third quarter ending December 31, with the corporate swinging to a internet lack of $430.8 million from a $1.2 million internet revenue in the identical interval a yr earlier.
Internet revenues declined by 7 % to $1.3 billion from $1.4 billion year-on-year.
For the nine-month interval, Beneath Armour Inc. (NYSE:UAA) widened its internet loss by 238 % to $452 million from $133.8 million in the identical interval a yr earlier. Internet revenues dipped by 4.5 % to $3.8 billion from $3.98 billion year-on-year.
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READ NEXT: 30 Shares That Ought to Double in 3 Years and 11 Hidden AI Shares to Purchase Proper Now.
Disclosure: None. This text is initially revealed at Insider Monkey.
