Urban Outfitters, Inc. Stock News

With the way negative stock market sentiment  has piled up recently, short squeezes have generated some massive returns.

Strong sales growth sends Big Money to Urban Outfitters, Inc. (URBN).

I upgrade Urban Outfitters to buy with a $96 price target, as the turnaround is now firmly established. Strong same-store sales and margin improvements, plus Nuuly's growth and profitability, support sustainable 10% earnings growth through 2027. Valuation remains attractive at under 11x P/CE and a 0.7x PEG, with consensus targets lagging behind the company's improving fundamentals.

The major indexes fell as U.S. debt fears lifted Treasury yields. Tesla and key rivals were in focus.

Urban Outfitters, Inc. soared after posting strong Q1 results, showcasing a return to growth for all of its core brands. The company's comp sales growth is driven by higher traffic instead of price increases. The company plans to "gently and sparingly" raise prices to offset tariff impacts. Including proposed pricing changes, Urban Outfitters expects only a 20bps hit to gross margin from tariffs.

The apparel retailer hasn't seen any indications of a ‘demand slowdown,' says the CEO.

Urban Outfitters (URBN 22.45%) stock exploded 21.4% higher through 11 a.m. ET Thursday after demolishing Q1 earnings forecasts last night.

Urban Outfitters, Inc. (NASDAQ:URBN) shares jumped 22% on Thursday morning after the apparel retailer reported better-than-expected earnings and revenue for its fiscal first quarter, driven by strong performance across all its brands and a sharp rise in profitability. The company posted net income of $108.3 million, up 75.3% from the year-ago period, while revenue climbed 10.7% to a record $1.3...