lululemon athletica (NASDAQ:LULU – Get Free Report) had its price objective lowered by equities researchers at Citigroup from $130.00 to $117.00 in a note issued to investors on Wednesday, BayStreet reports. The brokerage presently has a “neutral” rating on the apparel retailer’s stock. Citigroup’s target price would suggest a potential upside of 16.26% from the company’s current price.
A number of other brokerages have also commented on LULU. Evercore cut their price objective on shares of lululemon athletica from $175.00 to $130.00 in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft lowered their target price on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a research note on Monday, June 8th. Robert W. Baird cut their price target on lululemon athletica from $140.00 to $115.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. Barclays reduced their target price on shares of lululemon athletica from $113.00 to $95.00 and set an “equal weight” rating for the company in a research note on Friday, September 4th. Finally, Jefferies Financial Group lowered their price target on lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $114.08.
Read Our Latest Stock Analysis on LULU
lululemon athletica Price Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) last issued its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $1.13. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter last year, the firm posted $3.10 EPS. The business’s revenue for the quarter was down 4.3% compared to the same quarter last year. 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. On average, equities analysts forecast that lululemon athletica will post 11.14 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other lululemon athletica news, Director Charles Bergh bought 4,275 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were bought at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the acquisition, the director directly 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 acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.54% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Rayburn West Financial Services LLC acquired a new stake in shares of lululemon athletica during the fourth quarter worth about $3,536,000. MUFG Securities EMEA plc boosted its stake in shares of lululemon athletica by 9,695.1% during the 4th quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock worth $42,481,000 after buying an additional 202,337 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of lululemon athletica during the 4th quarter worth approximately $13,989,000. OP Asset Management Ltd bought a new position in shares of lululemon athletica in the first quarter valued at $1,664,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of lululemon athletica by 25.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,054 shares of the apparel retailer’s stock worth $8,947,000 after purchasing an additional 8,732 shares during the last quarter. 85.20% of the stock is owned by institutional investors and hedge funds.
More lululemon athletica News
Here are the key news stories impacting lululemon athletica this week:
- Positive Sentiment: Investor Michael Burry reportedly views lululemon as a contrarian opportunity and has been buying the decline, suggesting some investors believe the stock’s weak performance may already reflect significant pessimism. Michael Burry calls Lululemon his portfolio trickster
- Neutral Sentiment: New CEO Heidi O’Neill has begun a reset, but investors expect her to address declining traffic, product execution, brand sentiment, international performance and competitive pressure before confidence can recover. Lululemon’s New CEO Inherits a 52% Stock Collapse
- Neutral Sentiment: International markets remain an important potential growth avenue for LULU, but analysts are examining whether overseas revenue can offset weakness in the Americas and support future earnings estimates. International Markets and Lululemon: A Deep Dive for Investors
- Neutral Sentiment: Heavy investor searches for LULU reflect heightened attention after the selloff, but the increased interest does not itself indicate improving fundamentals or a change in analyst expectations. Investors Heavily Search Lululemon
- Negative Sentiment: BMO Capital Markets initiated coverage with an Underperform rating and a $70 price target, citing weakening demand and margin pressure. The target implies substantial additional downside from recent trading levels. BMO Capital Sees Downside for Lululemon
- Negative Sentiment: Recent quarterly results showed revenue down about 4% year over year and comparable sales down 9%, while core gross margin contracted 360 basis points. Higher SG&A and weaker operating leverage further pressured profitability. Lululemon From Bad to Worse
- Negative Sentiment: Management’s outlook calls for a roughly 10%–11% revenue decline in the third quarter and a 34% reduction in full-year EPS at the midpoint, excluding tariff-refund benefits. Negative social-media sentiment and weaker traffic in North America and China are adding to the concerns. Lululemon Says Negative Social Media Buzz Hurt Traffic
- Negative Sentiment: A shareholder-investigation announcement by Pomerantz adds a legal and reputational overhang, although such notices do not establish wrongdoing. Pomerantz Investor Alert
lululemon athletica Company Profile
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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