Under Armour (UA) stock forecast for 2024
Last update: May 29, 2023 (12:41)
Sector: Consumer cyclicalThe share price of Under Armour, Inc. (UA) now
50/200 Day Moving Average: $7.73 / $8.11
This figure corresponds to the Average Price over the previous 50/200 days. For Under Armour stocks, the 50-day moving average is the resistance level today.
For Under Armour stocks, the 200-day moving average is the resistance level today.
Are you interested in Under Armour stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Under Armour stock price in 2024. How much will one Under Armour share be worth in 2024? Is it worth taking profit / loss on Under Armour stock now or waiting? What are analysts' forecasts for Under Armour stock?
We forecast Under Armour stock performance using neural networks based on historical data on Under Armour stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Under Armour stock prediction results are shown below and presented as a graph, table and text information.
Under Armour stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Under Armour analysts is $26.2.
Today 200 Day Moving Average is the resistance level (8.11 $).
50 Day Moving Average is the support level (7.73 $).
Historical and forecast chart of Under Armour stock
The chart below shows the historical price of Under Armour stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Under Armour stock price can be found in the table below.
Under Armour (UA) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 6.97 | 6.53 | 7.72 | 15.44 % |
| Feb | 6.54 | 5.90 | 6.87 | 14.02 % |
| Mar | 6.68 | 6.00 | 6.97 | 13.96 % |
| Apr | 6.85 | 6.05 | 7.35 | 17.73 % |
| May | 7.31 | 6.75 | 7.71 | 12.44 % |
| Jun | 7.36 | 6.54 | 8.30 | 21.13 % |
| Jul | 8.30 | 7.33 | 8.78 | 16.49 % |
| Aug | 8.50 | 7.67 | 9.16 | 16.32 % |
| Sep | 8.95 | 8.45 | 9.99 | 15.47 % |
| Oct | 10.12 | 9.51 | 10.77 | 11.73 % |
| Nov | 10.85 | 9.63 | 11.25 | 14.35 % |
| Dec | 12.38 | 11.90 | 13.55 | 12.14 % |
Under Armour information and performance
Under Armor, Inc. Is an American manufacturer and supplier of sportswear and equipment located in Baltimore, Maryland. Under Armor has been a manufacturer and supplier of sportswear for American teams and athletes in various sports since 1996, and has been a supplier of sports shoes since 2006.
1020 HULL STREET, 3RD FLOOR, BALTIMORE, MD, US
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Under Armour price target for 2024 by month
Target values for the price of one Under Armour share for Jan 2024.
In Jan, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 15.440% volatility is expected.
Pessimistic target level: 6.53
Optimistic target level: 7.72
Target values for the price of one Under Armour share for Feb 2024.
In Feb, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 14.024% volatility is expected.
Pessimistic target level: 5.90
Optimistic target level: 6.87
Target values for the price of one Under Armour share for Mar 2024.
In Mar, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 13.957% volatility is expected.
Pessimistic target level: 6.00
Optimistic target level: 6.97
Target values for the price of one Under Armour share for Apr 2024.
In Apr, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 17.735% volatility is expected.
Pessimistic target level: 6.05
Optimistic target level: 7.35
Target values for the price of one Under Armour share for May 2024.
In May, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 12.443% volatility is expected.
Pessimistic target level: 6.75
Optimistic target level: 7.71
Target values for the price of one Under Armour share for Jun 2024.
In Jun, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 21.135% volatility is expected.
Pessimistic target level: 6.54
Optimistic target level: 8.30
Target values for the price of one Under Armour share for Jul 2024.
In Jul, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 16.490% volatility is expected.
Pessimistic target level: 7.33
Optimistic target level: 8.78
Target values for the price of one Under Armour share for Aug 2024.
In Aug, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 16.321% volatility is expected.
Pessimistic target level: 7.67
Optimistic target level: 9.16
Target values for the price of one Under Armour share for Sep 2024.
In Sep, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 15.473% volatility is expected.
Pessimistic target level: 8.45
Optimistic target level: 9.99
Target values for the price of one Under Armour share for Oct 2024.
In Oct, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 11.729% volatility is expected.
Pessimistic target level: 9.51
Optimistic target level: 10.77
Target values for the price of one Under Armour share for Nov 2024.
In Nov, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 14.352% volatility is expected.
Pessimistic target level: 9.63
Optimistic target level: 11.25
Target values for the price of one Under Armour share for Dec 2024.
In Dec, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 12.135% volatility is expected.
Pessimistic target level: 11.90
Optimistic target level: 13.55