Telsey Advisory Group Cuts lululemon athletica (NASDAQ:LULU) Price Target to $122.00

lululemon athletica (NASDAQ:LULUGet Free Report) had its price objective reduced by research analysts at Telsey Advisory Group from $175.00 to $122.00 in a report issued on Friday. The brokerage presently has a “market perform” rating on the apparel retailer’s stock. Telsey Advisory Group’s price objective suggests a potential downside of 2.34% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. Barclays reduced their target price on shares of lululemon athletica from $203.00 to $161.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 18th. Robert W. Baird reduced their target price on shares of lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday. Needham & Company LLC restated a “hold” rating on shares of lululemon athletica in a report on Friday. BNP Paribas Exane lowered shares of lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 target price on the stock. in a report on Friday. Finally, UBS Group cut their price objective on shares of lululemon athletica from $176.00 to $153.00 and set a “neutral” rating on the stock in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-eight have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $189.05.

View Our Latest Research Report on LULU

lululemon athletica Trading Down 0.9%

NASDAQ:LULU opened at $124.92 on Friday. The firm has a market capitalization of $15.08 billion, a price-to-earnings ratio of 9.39, a PEG ratio of 3.89 and a beta of 0.87. The firm’s fifty day simple moving average is $142.08 and its 200 day simple moving average is $170.35. lululemon athletica has a twelve month low of $116.63 and a twelve month high of $338.49.

lululemon athletica (NASDAQ:LULUGet Free Report) last posted its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.02. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.43 billion. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.60 EPS. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. On average, analysts predict that lululemon athletica will post 12.26 earnings per share for the current year.

Insider Transactions at lululemon athletica

In related news, Director Charles V. Bergh bought 6,090 shares of the company’s stock in a transaction dated Friday, March 20th. The stock was bought at an average price of $164.20 per share, with a total value of $999,978.00. Following the transaction, the director owned 6,090 shares of the company’s stock, valued at approximately $999,978. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Nicole Neuburger sold 622 shares of the business’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the sale, the insider directly owned 19,156 shares of the company’s stock, valued at $3,084,116. The trade was a 3.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On lululemon athletica

Hedge funds and other institutional investors have recently modified their holdings of the stock. Uniplan Investment Counsel Inc. bought a new stake in shares of lululemon athletica in the 4th quarter worth about $26,000. Integrated Financial Solutions Inc. bought a new stake in shares of lululemon athletica during the 4th quarter valued at about $26,000. GoalVest Advisory LLC bought a new stake in shares of lululemon athletica during the 4th quarter valued at about $27,000. Elyxium Wealth LLC bought a new stake in shares of lululemon athletica during the 4th quarter valued at about $31,000. Finally, Cornerstone Planning Group LLC grew its position in shares of lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after buying an additional 68 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

Key Headlines Impacting lululemon athletica

Here are the key news stories impacting lululemon athletica this week:

About lululemon athletica

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for lululemon athletica (NASDAQ:LULU)

Receive News & Ratings for lululemon athletica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for lululemon athletica and related companies with MarketBeat.com's FREE daily email newsletter.