Urban Outfitters (URBN)

• Market cap: $5.08B
• 1 day: 3.38%
• 5 days: -5.11%
• 1 month: -0.24%
• 3 months: 46.46%
• 6 months: 19.17%
• Year to date: -3.22%
• 1 year: 40.40%
• 5 years: 104.27%
• 10 years: 63.87%
• Sector: Consumer Discretionary
• Industry: Family Clothing Stores

About: Founded in 1970, Philadelphia-based Urban Outfitters is an apparel and home goods retailer that operates more than 700 stores and e-commerce in the United States (87.5% of fiscal 2024 sales) and other regions. Its retail nameplates are Urban Outfitters, Free People, FP Movement, and Anthropologie. Retail accounted for 91% of fiscal 2024 revenue, but the firm also sells products through a wholesale operation, owns some restaurants, and operates a clothing rental and resale business called Nuuly (5% of sales). Urban Outfitters primarily markets to young adults and offers products in categories such as apparel (66% of sales), home goods (16% of sales), accessories (13% of sales), and more.

Employees: 28,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

20% more call options, than puts

Call options by funds: $54.4M | Put options by funds: $45.3M

8% less first-time investments, than exits

New positions opened: 48 | Existing positions closed: 52

3% less funds holding

Funds holding: 305 [Q2] → 295 (-10) [Q3]

3.52% less ownership

Funds ownership: 76.56% [Q2] → 73.04% (-3.52%) [Q3]

12% less capital invested

Capital invested by funds: $2.94B [Q2] → $2.58B (-$354M) [Q3]

16% less repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 107

50% less funds holding in top 10

Funds holding in top 10: 6 [Q2] → 3 (-3) [Q3]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $41 25% downside
• Avg. target: $55 0% upside
• High target: $63 15% upside

9 analyst ratings

• positive: 3 33%
• neutral: 6 67%
• negative: 0 0%

Barclays Adrienne Yih 51% 1-year accuracy 48 / 95 met price target	15% upside $63	Overweight Maintained	16 Jan 2025
Telsey Advisory Group Dana Telsey 60% 1-year accuracy 114 / 190 met price target	2% upside $56	Market Perform Maintained	14 Jan 2025
UBS Jay Sole 67% 1-year accuracy 32 / 48 met price target	9% upside $60	Neutral Maintained	10 Jan 2025
Wells Fargo Ike Boruchow 62% 1-year accuracy 28 / 45 met price target	9% upside $60	Equal-Weight Maintained	10 Jan 2025
JP Morgan Matthew Boss 47% 1-year accuracy 34 / 72 met price target	2% downside $54	Neutral Maintained	8 Jan 2025