We recently published 10 Easy Double-Digit Gainers<\/strong>. Under Armour Inc. (NYSE:UAA) was one of the best performers last week.<\/p>\n Under Armour surged by 22.5 percent week-on-week, as investors took path from higher price targets from two investment companies, despite the sports apparel maker\u2019s disappointing earnings performance in the third quarter of fiscal year 2026.<\/p>\n In separate market reports, Barclays and Truist Securities both raised their price targets for Under Armour Inc. (NYSE:UAA) to $8, from $6 and $5, respectively.<\/p>\n Barclays reaffirmed its \u201cneutral\u201d stance, while Truist maintained its\u201chold\u201d recommendation for the stock.<\/p>\n Meanwhile, it received a \u201csell\u201d recommendation from JPMorgan at a price target of $5.<\/p>\n The stock coverage followed Under Armour Inc.\u2019s (NYSE:UAA) dismal earnings performance in the third quarter ending December 31, with the company swinging to a net loss of $430.8 million from a $1.2 million net income in the same period a year earlier.<\/p>\n Net revenues declined by 7 percent to $1.3 billion from $1.4 billion year-on-year.<\/p>\n For the nine-month period, Under Armour Inc. (NYSE:UAA) widened its net loss by 238 percent to $452 million from $133.8 million in the same period a year earlier. Net revenues dipped by 4.5 percent to $3.8 billion from $3.98 billion year-on-year.<\/p>\n While we acknowledge the potential of UAA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock<\/strong>.<\/p>\n READ NEXT: <\/b>30 Stocks That Should Double in 3 Years<\/b> and <\/b>11 Hidden AI Stocks to Buy Right Now<\/b>.<\/b><\/p>\n<\/div>\n<\/div>