lululemon athletica (NASDAQ:LULU – Get Free Report) had its price target decreased by equities researchers at Stifel Nicolaus from $134.00 to $100.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has a “hold” rating on the apparel retailer’s stock. Stifel Nicolaus’ price target suggests a potential downside of 0.49% from the company’s previous close.
LULU has been the subject of several other research reports. Weiss Ratings lowered lululemon athletica from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, August 24th. Sanford C. Bernstein cut their price target on shares of lululemon athletica from $145.00 to $115.00 and set a “market perform” rating for the company in a research note on Friday. Bank of America decreased their price target on shares of lululemon athletica from $140.00 to $122.00 and set a “neutral” rating on the stock in a report on Friday. UBS Group lowered their price objective on shares of lululemon athletica from $120.00 to $106.00 and set a “neutral” rating on the stock in a research report on Friday. Finally, Rothschild & Co Redburn cut their target price on shares of lululemon athletica from $160.00 to $110.00 and set a “sell” rating for the company in a research report on Tuesday, June 16th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $139.77.
Get Our Latest Analysis on LULU
lululemon athletica Stock Down 17.5%
lululemon athletica (NASDAQ:LULU – Get Free Report) last posted its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping the consensus estimate of $1.79 by $1.13. The business had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.46 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm’s revenue was down 4.3% on a year-over-year basis. During the same period in the previous year, the business earned $3.10 earnings per share. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. Research analysts expect that lululemon athletica will post 10.93 EPS for the current year.
Insider Buying and Selling at lululemon athletica
In other lululemon athletica news, Director Charles Bergh acquired 4,275 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was bought at an average price of $117.05 per share, with a total value of $500,388.75. Following the purchase, the director owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.54% of the company’s stock.
Hedge Funds Weigh In On lululemon athletica
A number of large investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System boosted its position in lululemon athletica by 10,065.8% during the second quarter. California State Teachers Retirement System now owns 17,180,893 shares of the apparel retailer’s stock valued at $1,961,714,000 after buying an additional 17,011,886 shares during the period. BlackRock Inc. purchased a new position in shares of lululemon athletica in the second quarter worth about $1,010,565,000. Geode Capital Management LLC lifted its stake in shares of lululemon athletica by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock valued at $631,526,000 after acquiring an additional 71,464 shares during the last quarter. Invesco Ltd. lifted its stake in shares of lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after acquiring an additional 490,127 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in lululemon athletica by 2.8% during the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock valued at $456,592,000 after acquiring an additional 59,282 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.
lululemon athletica News Summary
Here are the key news stories impacting lululemon athletica this week:
- Positive Sentiment: Second-quarter diluted EPS of $2.92 exceeded the $1.79 consensus estimate. However, the result included approximately $134.5 million in tariff refunds, which contributed about $0.86 per share, making the beat less indicative of underlying profitability. lululemon Second Quarter Fiscal 2026 Results
- Positive Sentiment: The company repurchased 2.7 million shares for $330 million during the quarter. Investor Michael Burry also indicated continued confidence in LULU below $100, potentially providing a limited counterpoint to the broader selling pressure. Michael Burry on Lululemon
- Neutral Sentiment: Analysts broadly moved to a more cautious stance. Wells Fargo, JPMorgan, UBS, Baird, Telsey and Bernstein lowered price targets, while ratings generally remained neutral, equal weight, hold or market perform. Some revised targets still imply upside from current levels.
- Negative Sentiment: Revenue fell 4% year over year to $2.416 billion, below the $2.46 billion consensus, while comparable sales declined 9% overall and 10% on a constant-currency basis. Americas revenue dropped 8%, and China revenue also declined, signaling that international growth is no longer fully offsetting weakness in the core market. Lululemon forecast cut and CEO challenge
- Negative Sentiment: lululemon cut fiscal 2026 revenue guidance to $10.35 billion-$10.50 billion from $11.00 billion-$11.15 billion and reduced EPS guidance to $9.48-$9.73. Third-quarter revenue and EPS guidance also fell well below Wall Street expectations, raising concerns about product acceptance, store traffic, margins and competitive pressure. LULU Q2 earnings call takeaways
About lululemon athletica
lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.
Products are developed in-house and produced through a network of third-party manufacturers.
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