Under Armour (Class C) (UA)
NYSEConsumer DiscretionaryApparel - ManufacturersSnapshot 2026-09-04
$5.12+0.39%
Close 2026-09-04 · 1-day change
NYSEConsumer DiscretionaryApparel - ManufacturersSnapshot 2026-09-04
QuarterlyIQ Insights · UA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -45.4% |
| Our one-year growth estimate | diamond | -1.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 44.3 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Worth watching into the next print: this name has erratic recent earnings surprises and missed its most recent quarter. A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 11 industry peers · Company calendar date is not available
UA — strategy / product update — Costs Associated With Exit or Disposal Activities
Dated 2026-05-12
Costs Associated With Exit or Disposal Activities. On May 12, 2026, the Company announced an update to its previously disclosed fiscal year 2025 restructuring plan designed to strengthen and support its financial and operational efficiencies. Previously, the Company expected to incur up to $255 million of pre-tax restructuring and related charges in connection with its fiscal year 2025 restructuring plan. After further review, the Company has identified additional opportunities. On May 11, 20…
Why it matters: Earnings results will show if Under Armour is making more money.
Watch forOperating income goes up year over year in the Q1 earnings report.
Also watch forOperating income goes down year over year in the Q1 earnings report.
Why it matters: Finishing this plan is key for better financial efficiency. It affects costs and how well operations run.
Supportive ifThe Fiscal 2025 Restructuring Plan will be mostly complete by December 31, 2026.
Worry ifCompletion is delayed beyond December 31, 2026.
Why it matters: Higher restructuring costs may point to serious problems and impact financial health.
Worry ifRestructuring costs are more than $305 million.
Less concerning ifTotal restructuring costs remain at or below $305 million.
Why it matters: A bigger drop would show worse demand trends in North America and Asia-Pacific.
Worry ifFiscal 2027 revenue outlook drops more than mid-single digits from fiscal 2026.
Less concerning ifFiscal 2027 revenue outlook stays the same or improves from a mid-single-digit drop.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$204 on $10,000 · ±2.0% | How much price usually moves either way. |
| Bad day | $511 loss on $10,000 · 5.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,909 loss on $10,000 · 39.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: A small drop in revenue shows problems in North America. There may be growth in other areas.
Worry ifFiscal 2027 revenue guidance shows a small decline in North America.
Less concerning ifGuidance shows flat or rising revenue in North America.
Why it matters: A drop in gross profit shows ongoing problems with making money. This could hurt investor feelings.
Worry ifGross profit decreases further from $492.04M in Q1 2027.
Less concerning ifGross profit increases or stabilizes above $492.04M in Q1 2027.
Why it matters: Lower operating income shows poor expense management. This puts pressure on profits.
Worry ifOperating income was less than $96 million for fiscal 2027.
Less concerning ifOperating income was more than $116 million for fiscal 2027.
Why it matters: A smaller drop could mean ongoing cost issues. This might affect how much money is made.
Worry ifSG&A expenses decrease less than a high-single-digit rate year over year.
Less concerning ifSG&A expenses decrease at a high-single-digit rate or more year over year.
Why it matters: Higher restructuring costs may mean bigger problems. This can slow down financial recovery.
Worry ifRestructuring costs in Q2 are over $36 million.
Less concerning ifRestructuring costs stay below or at $36 million.
Why it matters: A larger drop would show weaker demand. This could hurt management's recovery plans.
Worry ifNorth America revenue declines more than 9% year over year in Q3.
Less concerning ifNorth America revenue declines less than 9% year over year in Q3.
Why it matters: A smaller gain might mean pricing issues. It could also show problems with costs.
Worry ifGross margin improves by less than 220 basis points year over year.
Less concerning ifGross margin improves by 220 basis points or more year over year.
Why it matters: Better operating income shows Under Armour is making progress. This could help investors feel more confident.
Supportive ifOperating income improves to less than -$30M in Q1 2027.
Worry ifOperating income worsens or stays worse than -$33.70M in Q1 2027.