Telsey Advisory Group Cuts lululemon athletica (NASDAQ:LULU) Price Target to $110.00

Key Points

• Telsey Advisory Group lowered lululemon’s price target to $110 from $122 and maintained a “market perform” rating. The broader analyst consensus is “Reduce,” with an average target of $144.50.
• LULU shares fell 18.2% to $99.64, near their 52-week low, following disappointing results and a weaker outlook.
• Although quarterly EPS beat estimates, revenue declined 4% year over year, comparable sales fell 9%, and fiscal 2026 revenue and EPS guidance were reduced; the earnings beat was significantly aided by tariff refunds.

lululemon athletica (NASDAQ:LULU - Get Free Report) had its target price lowered by Telsey Advisory Group from $122.00 to $110.00 in a research report issued on Friday, Marketbeat.com reports. The brokerage currently has a "market perform" rating on the apparel retailer's stock. Telsey Advisory Group's price target suggests a potential upside of 10.40% from the stock's current price.

A number of other equities analysts also recently issued reports on LULU. Deutsche Bank Aktiengesellschaft decreased their price target on shares of lululemon athletica from $171.00 to $127.00 and set a "hold" rating for the company in a research note on Monday, June 8th. Rothschild & Co Redburn reduced their target price on lululemon athletica from $160.00 to $110.00 and set a "sell" rating on the stock in a report on Tuesday, June 16th. Guggenheim reissued a "neutral" rating on shares of lululemon athletica in a research report on Friday. Bank of America lowered their target price on lululemon athletica from $175.00 to $140.00 and set a "neutral" rating for the company in a research note on Friday, June 5th. Finally, Freedom Capital raised lululemon athletica from a "strong sell" rating to a "hold" rating in a research note on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Reduce" and an average target price of $144.50.

lululemon athletica Trading Down 18.2%

Shares of LULU stock traded down $22.13 during trading hours on Friday, reaching $99.64. The company's stock had a trading volume of 10,565,640 shares, compared to its average volume of 3,246,933. lululemon athletica has a one year low of $97.99 and a one year high of $225.98. The stock has a market capitalization of $11.82 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 fifty day simple moving average is $118.76 and its 200 day simple moving average is $136.61.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly 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 company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.46 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm's revenue was down 4.3% on a year-over-year basis. During the same quarter last year, the firm posted $3.10 earnings per share. 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. As a group, equities research analysts forecast that lululemon athletica will post 10.93 earnings per share for the current fiscal year.

Insider Activity at lululemon athletica

In related news, Director Charles Bergh purchased 4,275 shares of lululemon athletica stock in a transaction dated Monday, June 15th. The stock was purchased at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the acquisition, the director directly owned 10,365 shares of the company's stock, valued at $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.54% of the company's stock.

Institutional Trading of lululemon athletica

Several institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC raised its stake in shares of lululemon athletica by 37.0% in the second quarter. HighTower Advisors LLC now owns 30,841 shares of the apparel retailer's stock worth $3,521,000 after purchasing an additional 8,336 shares during the last quarter. Groupe la Francaise purchased a new stake in shares of lululemon athletica during the second quarter valued at $515,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in lululemon athletica in the 2nd quarter worth about $1,844,000. California State Teachers Retirement System increased its holdings in lululemon athletica by 10,065.8% in the 2nd quarter. California State Teachers Retirement System now owns 17,180,893 shares of the apparel retailer's stock worth $1,961,714,000 after buying an additional 17,011,886 shares in the last quarter. Finally, Ameritas Advisory Services LLC raised its position in lululemon athletica by 21.8% in the 2nd quarter. Ameritas Advisory Services LLC now owns 21,893 shares of the apparel retailer's stock worth $2,500,000 after buying an additional 3,917 shares during the last quarter. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about lululemon athletica

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

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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