lululemon athletica (NASDAQ:LULU – Free Report) had its target price decreased by Robert W. Baird from $140.00 to $115.00 in a research note published on Friday,Benzinga reports. Robert W. Baird currently has a neutral rating on the apparel retailer’s stock.
Several other equities research analysts have also weighed in on LULU. UBS Group dropped their price objective on shares of lululemon athletica from $124.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 25th. Evercore decreased their target price on lululemon athletica from $175.00 to $130.00 in a research note on Wednesday, June 3rd. Piper Sandler lowered their target price on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a report on Friday, June 5th. KeyCorp reiterated a “sector weight” rating on shares of lululemon athletica in a research report on Friday. Finally, BTIG Research reiterated a “neutral” rating on shares of lululemon athletica in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $116.46.
Read Our Latest 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 earnings per share for the quarter, topping 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 company had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.46 billion. During the same period in the prior year, the company earned $3.10 earnings per share. The firm’s revenue 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. Equities research analysts anticipate that lululemon athletica will post 11.14 earnings per share for the current year.
Insiders Place Their Bets
In other news, Director Charles Bergh bought 4,275 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was purchased at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.54% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On lululemon athletica
Hedge funds and other institutional investors have recently made changes to their positions in the business. NorthRock Partners LLC lifted its holdings in lululemon athletica by 4.2% in the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock valued at $276,000 after acquiring an additional 62 shares during the last quarter. Murphy & Mullick Capital Management Corp grew its stake in shares of lululemon athletica by 4.3% in the 1st quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock worth $242,000 after purchasing an additional 65 shares during the last quarter. IHT Wealth Management LLC grew its stake in shares of lululemon athletica by 1.7% in the 2nd quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock worth $1,016,000 after purchasing an additional 73 shares during the last quarter. GW&K Investment Management LLC raised its holdings in shares of lululemon athletica by 70.3% in the 4th quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock worth $39,000 after purchasing an additional 78 shares in the last quarter. Finally, Golden State Wealth Management LLC raised its holdings in shares of lululemon athletica by 43.6% in the 4th quarter. Golden State Wealth Management LLC now owns 280 shares of the apparel retailer’s stock worth $58,000 after purchasing an additional 85 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting lululemon athletica
Here are the key news stories impacting lululemon athletica this week:
- Positive Sentiment: Fiscal Q2 adjusted EPS of $2.92 exceeded the $1.79 consensus estimate. However, approximately $0.86 per share of the result came from tariff refunds, making the beat less indicative of underlying operating strength. lululemon Q2 Earnings Beat on Tariff Refunds Despite Revenue Miss
- Positive Sentiment: Michael Burry reportedly remains bullish and indicated he may buy more shares below $100, offering a contrarian vote of confidence despite the disappointing results. Lululemon Sinks 20% After Second Guidance Cut
- Neutral Sentiment: Incoming CEO Heidi O’Neill takes over next week, putting renewed focus on whether a product refresh, stronger marketing and improved traffic can restore growth. Lululemon forecast cut hits shares, underscores challenge for next CEO
- Neutral Sentiment: Analyst opinion became more cautious: Goldman Sachs, Barclays, JPMorgan, Morgan Stanley, Piper Sandler and others lowered price targets, though several retained neutral or market-perform ratings and some targets remain above the stock’s recent level.
- Negative Sentiment: Q2 revenue fell 4% year over year to $2.42 billion, below the $2.46 billion consensus, while comparable sales dropped 9%. Americas revenue declined 8% and comparable sales fell 12%, signaling weakness in the company’s core market. Lululemon shares tumble on weak China, North America sales
- Negative Sentiment: Management reduced fiscal 2026 revenue guidance to $10.35 billion-$10.50 billion and EPS guidance to $9.48-$9.73. Q3 revenue is expected to decline 10%-11%, reinforcing concerns that the slowdown will persist.
- Negative Sentiment: The CEO transition, uneven product acceptance, softer store traffic, intense competition and a stronger-than-expected jobs report that increased rate concerns compounded the pressure on the apparel retailer’s valuation.
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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