lululemon athletica (NASDAQ:LULU) Price Target Lowered to $95.00 at Wells Fargo & Company

Key Points

• Wells Fargo lowered lululemon’s price target from $105 to $95 and maintained an “equal weight” rating, implying 4.79% downside from the prior close.
• LULU shares fell 18.1% to $99.78, near their 52-week low, amid broader analyst caution. The consensus rating is “Reduce,” with 25 analysts at “Hold” and five at “Sell.”
• Although quarterly EPS of $2.92 beat estimates, revenue declined 4.3% year over year to $2.42 billion, while the company cut its fiscal 2026 revenue and EPS guidance, citing weak comparable sales and pressure in the Americas.

lululemon athletica (NASDAQ:LULU - Get Free Report) had its price target cut by equities research analysts at Wells Fargo & Company from $105.00 to $95.00 in a report issued on Friday, Benzinga reports. The firm presently has an "equal weight" rating on the apparel retailer's stock. Wells Fargo & Company's price objective indicates a potential downside of 4.79% from the stock's previous close.

Several other analysts have also weighed in on LULU. Citigroup cut their price objective on lululemon athletica from $185.00 to $130.00 and set a "neutral" rating for the company in a report on Tuesday, June 9th. Stifel Nicolaus lowered their target price on lululemon athletica from $176.00 to $134.00 and set a "hold" rating on the stock in a report on Friday, June 5th. Truist Financial cut shares of lululemon athletica from a "hold" rating to a "sell" rating and dropped their price target for the stock from $115.00 to $94.00 in a research report on Thursday, July 16th. Weiss Ratings downgraded shares of lululemon athletica from a "sell (d+)" rating to a "sell (d)" rating in a report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of lululemon athletica from $171.00 to $127.00 and set a "hold" rating for the company in a research report on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Reduce" and an average target price of $142.62.

lululemon athletica Stock Down 18.1%

lululemon athletica stock traded down $21.99 during trading hours on Friday, hitting $99.78. 16,055,024 shares of the company traded hands, compared to its average volume of 3,275,760. lululemon athletica has a 1-year low of $97.99 and a 1-year high of $225.98. The firm has a market cap of $11.84 billion, a P/E ratio of 8.11, a P/E/G ratio of 2.50 and a beta of 0.87. The firm's 50-day simple moving average is $118.76 and its two-hundred day simple moving average is $136.61.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $1.13. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business had revenue of $2.42 billion during the quarter, compared to analysts' expectations of $2.46 billion. During the same period last year, the firm posted $3.10 earnings per share. The business's revenue was down 4.3% on a year-over-year basis. 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 research analysts predict that lululemon athletica will post 10.93 earnings per share for the current year.

Insider Activity at lululemon athletica

In related news, Director Charles Bergh purchased 4,275 shares of the company's stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average price of $117.05 per share, with a total value of $500,388.75. Following the purchase, the director owned 10,365 shares of the company's stock, valued at $1,213,223.25. This trade represents a 70.20% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 0.54% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. California State Teachers Retirement System raised its holdings in shares of lululemon athletica by 10,065.8% during the second quarter. California State Teachers Retirement System now owns 17,180,893 shares of the apparel retailer's stock valued at $1,961,714,000 after acquiring an additional 17,011,886 shares during the period. BlackRock Inc. acquired a new position in lululemon athletica in the 2nd quarter worth approximately $1,010,565,000. Flossbach Von Storch SE purchased a new position in lululemon athletica during the 2nd quarter worth approximately $207,392,000. Norges Bank purchased a new position in lululemon athletica during the 4th quarter worth approximately $362,598,000. Finally, Boston Partners acquired a new stake in lululemon athletica during the 4th quarter valued at $304,875,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

More lululemon athletica News

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

• Positive Sentiment: Second-quarter diluted EPS of $2.92 exceeded the $1.79 analyst consensus. However, the beat was substantially supported by $134.5 million in tariff refunds and related interest, which added approximately $0.86 per share. lululemon Second Quarter Fiscal 2026 Results
• Positive Sentiment: International revenue increased 4%, and lululemon repurchased $330 million of stock during the quarter, providing limited support as the company works to restore growth.
• Neutral Sentiment: Heidi O’Neill is scheduled to become CEO next week. Investors will look for her strategy on product development, marketing and the company’s response to intensifying competition. Lululemon forecast cut underscores challenge for next CEO
• Neutral Sentiment: Needham reaffirmed its “hold” rating, while BTIG maintained “neutral,” indicating that analysts remain cautious rather than broadly bullish.
• Negative Sentiment: Second-quarter revenue fell 4% year over year to $2.416 billion, below the $2.458 billion consensus estimate. Comparable sales declined 9% overall, or 10% in constant currency, while Americas revenue dropped 8%. Net income also fell to $329.2 million from $370.9 million. Lululemon stock plunges on disappointing earnings and outlook
• Negative Sentiment: Fiscal 2026 revenue guidance was reduced to $10.35 billion–$10.50 billion from $11.00 billion–$11.15 billion, and EPS guidance was cut to $9.48–$9.73. Third-quarter guidance of $0.93–$0.98 EPS and roughly $2.3 billion in revenue was also well below analyst expectations.
• Negative Sentiment: JPMorgan lowered its price target from $154 to $95 and shifted to “neutral”; Bernstein cut its target from $145 to $115 and moved to “market perform.” The target reductions reflect expectations for slower growth and pressure on the brand’s turnaround. Lululemon shares plunge after outlook cut

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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