lululemon athletica (NASDAQ:LULU – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 10.950-11.150 for the period, compared to the consensus earnings per share estimate of 12.350. The company issued revenue guidance of $11.0 billion-$11.2 billion, compared to the consensus revenue estimate of $11.5 billion. lululemon athletica also updated its Q2 2026 guidance to 1.760-1.810 EPS.
Analyst Upgrades and Downgrades
Several research firms have recently commented on LULU. JPMorgan Chase & Co. decreased their price target on shares of lululemon athletica from $196.00 to $173.00 in a research note on Wednesday, May 6th. Weiss Ratings cut lululemon athletica from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, March 31st. Bank of America dropped their price objective on lululemon athletica from $220.00 to $200.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Citigroup dropped their price objective on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a report on Monday, March 23rd. Finally, Wells Fargo & Company dropped their price objective on lululemon athletica from $175.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twenty-eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and an average target price of $197.09.
Read Our Latest Analysis on lululemon athletica
lululemon athletica Stock Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) last released its earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share for the quarter, beating analysts’ consensus estimates of $4.78 by $0.23. The business had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.59 billion. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter last year, the firm earned $6.14 earnings per share. Research analysts predict that lululemon athletica will post 12.26 earnings per share for the current fiscal year.
Insider Activity
In other news, insider Nicole Neuburger sold 622 shares of the stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total value of $100,142.00. Following the completion of the sale, the insider owned 19,156 shares of the company’s stock, valued at approximately $3,084,116. This represents a 3.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Andre Maestrini acquired 3,275 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was bought at an average cost of $151.02 per share, with a total value of $494,590.50. Following the acquisition, the chief executive officer owned 34,551 shares in the company, valued at $5,217,892.02. The trade was a 10.47% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.54% of the stock is currently owned by insiders.
Institutional Investors Weigh In On lululemon athletica
Several large investors have recently made changes to their positions in LULU. Uniplan Investment Counsel Inc. acquired a new stake in shares of lululemon athletica in the 4th quarter valued at approximately $26,000. DV Equities LLC acquired a new stake in shares of lululemon athletica in the 4th quarter valued at approximately $31,000. GW&K Investment Management LLC lifted its holdings in lululemon athletica by 70.3% during the 4th quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock valued at $39,000 after purchasing an additional 78 shares during the last quarter. Quattro Advisors LLC acquired a new stake in lululemon athletica during the 4th quarter valued at $46,000. Finally, Golden State Wealth Management LLC lifted its holdings in lululemon athletica by 43.6% during the 4th quarter. Golden State Wealth Management LLC now owns 280 shares of the apparel retailer’s stock valued at $58,000 after purchasing an additional 85 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.
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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