lululemon athletica (NASDAQ:LULU – Get Free Report)‘s stock had its “hold” rating restated by Argus in a note issued to investors on Monday, Benzinga reports.
Several other research analysts have also commented on LULU. Daiwa Securities Group dropped their price objective on shares of lululemon athletica from $173.00 to $120.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. Evercore cut their price target on shares of lululemon athletica from $175.00 to $130.00 in a report on Wednesday, June 3rd. Rothschild & Co Redburn dropped their target price on lululemon athletica from $160.00 to $110.00 and set a “sell” rating for the company in a research report on Tuesday, June 16th. Freedom Capital raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Sanford C. Bernstein decreased their target price on lululemon athletica from $145.00 to $115.00 and set a “market perform” rating for the company in a research report on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, lululemon athletica presently has a consensus rating of “Reduce” and an average target price of $111.54.
View Our Latest Stock Analysis on LULU
lululemon athletica Price Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) last announced its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $1.13. The firm 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 27.69% and a net margin of 12.78%.The company’s quarterly revenue was down 4.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.10 EPS. 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 expect that lululemon athletica will post 9.65 EPS for the current year.
Institutional Investors Weigh In On lululemon athletica
Several institutional investors have recently bought and sold shares of the company. Brighton Jones LLC purchased a new stake in shares of lululemon athletica during the fourth quarter worth about $429,000. NewEdge Advisors LLC lifted its holdings in shares of lululemon athletica by 5.1% during the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock worth $1,089,000 after purchasing an additional 186 shares during the period. Glenview Trust co boosted its position in lululemon athletica by 39.9% in the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock valued at $237,000 after buying an additional 284 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in lululemon athletica during the 2nd quarter valued at approximately $508,000. Finally, Raymond James Financial Inc. increased its stake in shares of lululemon athletica by 10.7% in the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock worth $26,759,000 after acquiring an additional 10,891 shares during the period. 85.20% of the stock is currently owned by institutional investors and hedge funds.
lululemon athletica Company Profile
lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company’s products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.
Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.
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