Wells Fargo & Company Cuts Urban Outfitters (NASDAQ:URBN) Price Target to $75.00

Urban Outfitters (NASDAQ:URBN) had its target price lowered by Wells Fargo & Company from $80.00 to $75.00 in a report published on Thursday morning,Benzinga reports. The brokerage currently has an equal weight rating on the apparel retailer’s stock.

Several other research analysts also recently weighed in on URBN. Robert W. Baird set a $93.00 price target on shares of Urban Outfitters in a research report on Wednesday, December 17th. UBS Group reaffirmed a “neutral” rating on shares of Urban Outfitters in a report on Tuesday, January 13th. Zacks Research downgraded Urban Outfitters from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. Citigroup upped their price target on Urban Outfitters from $76.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Urban Outfitters in a research note on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $86.25.

Urban Outfitters Stock Performance

Urban Outfitters stock opened at $66.20 on Thursday. Urban Outfitters has a one year low of $41.89 and a one year high of $84.35. The stock has a fifty day moving average of $72.31 and a 200 day moving average of $71.44. The stock has a market cap of $5.94 billion, a PE ratio of 13.06, a price-to-earnings-growth ratio of 0.92 and a beta of 1.24.

Urban Outfitters (NASDAQ:URBN) last released its quarterly earnings results on Wednesday, February 25th. The apparel retailer reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.19. Urban Outfitters had a return on equity of 19.41% and a net margin of 7.54%.The business had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same period in the previous year, the company posted $1.04 EPS. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. As a group, sell-side analysts predict that Urban Outfitters will post 3.91 EPS for the current fiscal year.

Insider Activity at Urban Outfitters

In related news, insider Margaret Hayne sold 9,333 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $70.50, for a total value of $657,976.50. Following the transaction, the insider directly owned 1,933,859 shares of the company’s stock, valued at approximately $136,337,059.50. The trade was a 0.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Richard A. Hayne sold 10,667 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $70.50, for a total transaction of $752,023.50. Following the sale, the chief executive officer directly owned 17,449,385 shares of the company’s stock, valued at approximately $1,230,181,642.50. This trade represents a 0.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 582,850 shares of company stock worth $44,058,464 in the last three months. 31.60% of the stock is owned by corporate insiders.

Institutional Trading of Urban Outfitters

Several hedge funds have recently bought and sold shares of URBN. Abrams Bison Investments LLC bought a new stake in shares of Urban Outfitters in the fourth quarter worth about $127,114,000. Jupiter Asset Management Ltd. grew its holdings in Urban Outfitters by 900.1% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 969,999 shares of the apparel retailer’s stock valued at $69,287,000 after buying an additional 873,008 shares in the last quarter. Capital World Investors bought a new stake in Urban Outfitters in the 3rd quarter worth approximately $60,795,000. Norges Bank bought a new position in shares of Urban Outfitters during the 2nd quarter valued at approximately $55,429,000. Finally, Balyasny Asset Management L.P. grew its holdings in shares of Urban Outfitters by 5,360.2% in the third quarter. Balyasny Asset Management L.P. now owns 618,152 shares of the apparel retailer’s stock valued at $44,155,000 after purchasing an additional 606,831 shares in the last quarter. Hedge funds and other institutional investors own 77.61% of the company’s stock.

Urban Outfitters News Summary

Here are the key news stories impacting Urban Outfitters this week:

• Positive Sentiment: Company reported record Q4 and FY26 results: revenue of $1.80B (+10.1% Y/Y) and EPS of $1.43, beating Street estimates; management said margins expanded. These beats explain the initial positive reaction to the print. TipRanks: Urban Outfitters Posts Record Results
• Positive Sentiment: Nuuly rental business and turnaround at namesake Urban Outfitters stores are cited as key growth drivers — stronger subscribers/sales mix helped top-line and margin improvement. WSJ: Rental Business Beats Sales Target
• Positive Sentiment: Analysts and outlets highlighted brand momentum and improved comps; several earnings summaries call out continued category strength and margin leverage. Zacks: Q4 Earnings & Sales Beat
• Neutral Sentiment: Several bullish analyst/idea pieces argue URBN is an attractive consumer discretionary holding on improved fundamentals and upside potential; these are long-term supportive but don’t guarantee near-term moves. Seeking Alpha: Ideal Specialty Retailer
• Neutral Sentiment: Additional Seeking Alpha analysis frames URBN as a buy-and-hold consumer discretionary name given secular initiatives and earnings tailwinds; useful context for investors with multi-quarter horizons. Seeking Alpha: Worth Owning
• Negative Sentiment: Wells Fargo trimmed its price target to $75 and moved to “equal weight,” signaling some analyst caution on near-term upside and tempering investor enthusiasm. Benzinga: Wells Fargo Lowers PT
• Negative Sentiment: Despite the beat, the stock is trading below its 50- and 200-day moving averages and volume is below average — technicals and profit-taking after the strong print may be putting downward pressure. MarketBeat: URBN Quote & Technicals

Urban Outfitters Company Profile

Urban Outfitters, Inc is a global lifestyle retailer headquartered in Philadelphia, Pennsylvania. Established in 1970 by Richard Hayne, Scott Belair and Judy Wicks, the company began as a single store catering to college students in the city’s historic Old City neighborhood. Over the decades, Urban Outfitters has expanded its reach and diversified its portfolio to include multiple retail concepts addressing distinct customer segments.

The company operates through several well-known brands, each offering a curated selection of apparel, footwear, accessories and home goods.