Why did Under Armour (U9RA.DE) drop heavily today?

The drop to €5.07 on 02 Jan 2026 came with unusually high volume. Traders pointed to earnings volatility, inventory concerns and a re-rating versus peers; those factors combined with large sell orders to amplify the move on XETRA.

Is U9RA.DE cheap compared with peers?

By headline multiples U9RA.DE looks inexpensive: PE 8.23 and price-to-sales 0.66 versus Consumer Cyclical average PE ~25.09. Cheap multiples coexist with operational and cash-flow risks that justify caution.

What are the next catalysts for U9RA.DE stock?

Key catalysts include the next earnings release on 05 Feb 2026, inventory and margin updates, wholesale order trends, and any management guidance on cash flow and debt reduction.

What forecast does Meyka AI provide for U9RA.DE?

Meyka AI's forecast model projects a yearly price of €5.03, implying about -0.73% versus the current €5.07; forecasts are model-based projections and not guarantees.

DE Stocks

Under Armour (U9RA.DE) €5.07 on 02 Jan 2026: XETRA most-active stock, what to watch next

ByDanny Kontos January 3, 2026January 3, 2026

U9RA.DE — Under Armour, Inc. closed as one of XETRA’s most-active names on 02 Jan 2026 after the share slid 19.85% to €5.07 (volume 8151974.00). The drop capped a volatile session in Germany where consumer cyclical names underperformed; Under Armour’s price now sits below its 50-day average (€7.64) and near its 200-day average (€6.94). This note unpacks the drivers behind today’s move, recent earnings beats, valuation metrics and what traders should watch next on XETRA in EUR.