Robert W. Baird Cuts lululemon athletica (NASDAQ:LULU) Price Target to $115.00

Key Points

• Robert W. Baird lowered lululemon’s price target from $140 to $115 while maintaining a “neutral” rating, implying roughly 14.9% upside from the stock’s current price.
• LULU shares fell 17.8% to $100.08, near their 52-week low, amid broad analyst caution. The stock has an average “Reduce” rating and a consensus price target of $143.
• Although quarterly EPS of $2.92 exceeded estimates, revenue declined 4.3% year over year and comparable sales fell 9%. The company also cut its fiscal 2026 revenue and EPS guidance, intensifying concerns about slowing growth.

lululemon athletica (NASDAQ:LULU - Get Free Report) had its target price lowered by analysts at Robert W. Baird from $140.00 to $115.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has a "neutral" rating on the apparel retailer's stock. Robert W. Baird's target price points to a potential upside of 14.91% from the company's current price.

LULU has been the subject of several other research reports. Freedom Capital upgraded shares of lululemon athletica from a "strong sell" rating to a "hold" rating in a research note on Friday, June 5th. KeyCorp reaffirmed a "sector weight" rating on shares of lululemon athletica in a report on Friday. BNP Paribas Exane downgraded lululemon athletica from a "neutral" rating to an "underperform" rating and set a $88.00 price target for the company. in a research report on Friday, June 5th. The Goldman Sachs Group dropped their price target on lululemon athletica from $177.00 to $122.00 and set a "neutral" rating on the stock in a report on Friday, June 5th. Finally, Stifel Nicolaus cut their price objective on lululemon athletica from $176.00 to $134.00 and set a "hold" rating on the stock in a research report on Friday, June 5th. 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Reduce" and a consensus target price of $143.00.

lululemon athletica Trading Down 17.8%

lululemon athletica stock traded down $21.69 during trading on Friday, hitting $100.08. 12,965,592 shares of the company were exchanged, compared to its average volume of 3,256,232. The company has a market capitalization of $11.88 billion, a P/E ratio of 8.07, a PEG ratio of 2.50 and a beta of 0.87. The business's 50 day moving average is $118.76 and its 200 day moving average is $136.61. lululemon athletica has a 52 week low of $97.99 and a 52 week high of $225.98.

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, topping analysts' consensus estimates of $1.79 by $1.13. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business's revenue for the quarter was down 4.3% compared to the same quarter last year. During the same period in the previous year, the firm 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 analysts expect that lululemon athletica will post 10.93 EPS for the current year.

Insider Buying and Selling at lululemon athletica

In related news, Director Charles Bergh purchased 4,275 shares of the firm's stock in a transaction dated Monday, June 15th. The stock was bought at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the purchase, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On lululemon athletica

Institutional investors and hedge funds have recently bought and sold shares of the company. California State Teachers Retirement System raised its stake in shares of lululemon athletica by 10,065.8% in 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 buying an additional 17,011,886 shares during the period. BlackRock Inc. purchased a new stake in lululemon athletica in the 2nd quarter worth about $1,010,565,000. Flossbach Von Storch SE purchased a new stake in lululemon athletica in the 2nd quarter worth about $207,392,000. Norges Bank bought a new stake in lululemon athletica in the 4th quarter valued at about $362,598,000. Finally, Boston Partners bought a new stake in lululemon athletica in the 4th quarter valued at about $304,875,000. 85.20% of the stock is owned by institutional investors.

Key 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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source