The Goldman Sachs Group Lowers lululemon athletica (NASDAQ:LULU) Price Target to $95.00

Key Points

• Goldman Sachs cut lululemon’s price target from $111 to $95 and maintained a neutral rating, implying roughly 5.7% downside from the cited share price. JPMorgan also lowered its target to $95, while several other firms reduced targets.
• LULU shares fell 17.3% to $100.73 amid concerns about weakening demand. Quarterly revenue declined 4.3% year over year to $2.42 billion and missed estimates, despite EPS of $2.92 exceeding consensus.
• Analyst sentiment is broadly cautious, with 25 hold ratings and five sell ratings; the stock has an average “Reduce” rating and a consensus price target of $135.19. The company’s fiscal 2026 outlook calls for EPS of $9.48–$9.73.

lululemon athletica (NASDAQ:LULU - Get Free Report) had its target price cut by stock analysts at The Goldman Sachs Group from $111.00 to $95.00 in a research note issued on Friday, Benzinga reports. The firm currently has a "neutral" rating on the apparel retailer's stock. The Goldman Sachs Group's target price suggests a potential downside of 5.69% from the company's current price.

Several other brokerages have also weighed in on LULU. JPMorgan Chase & Co. decreased their price objective on lululemon athletica from $154.00 to $95.00 and set a "neutral" rating for the company in a report on Friday. Jefferies Financial Group dropped their price objective on lululemon athletica from $145.00 to $115.00 and set a "hold" rating on the stock in a report on Friday, June 5th. Guggenheim reaffirmed a "neutral" rating on shares of lululemon athletica in a research note on Friday. Deutsche Bank Aktiengesellschaft cut their price target on shares of lululemon athletica from $171.00 to $127.00 and set a "hold" rating for the company in a report on Monday, June 8th. Finally, Stifel Nicolaus dropped their price objective on lululemon athletica from $134.00 to $100.00 and set a "hold" rating for the company in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of $135.19.

lululemon athletica Stock Down 17.3%

LULU stock traded down $21.04 during midday trading on Friday, hitting $100.73. The company's stock had a trading volume of 29,732,567 shares, compared to its average volume of 3,370,388. The stock has a market cap of $11.95 billion, a price-to-earnings ratio of 8.13, a PEG ratio of 2.50 and a beta of 0.87. The stock's 50-day moving average price is $118.76 and its 200 day moving average price is $136.61. lululemon athletica has a 1 year low of $97.99 and a 1 year high of $225.98.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, beating analysts' consensus estimates of $1.79 by $1.13. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same period in the prior year, the firm earned $3.10 EPS. The company'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. As a group, equities analysts forecast that lululemon athletica will post 10.93 earnings per share for the current fiscal year.

Insider Buying and Selling at lululemon athletica

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

Institutional Trading of lululemon athletica

Large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC bought a new stake in shares of lululemon athletica during the 4th quarter valued at $429,000. NewEdge Advisors LLC raised its stake in shares of lululemon athletica by 5.1% in the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer's stock worth $1,089,000 after buying an additional 186 shares during the period. Glenview Trust co lifted its holdings in lululemon athletica by 39.9% during the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer's stock valued at $237,000 after purchasing an additional 284 shares in the last quarter. Diversify Advisory Services LLC bought a new position in lululemon athletica in the 2nd quarter worth $508,000. Finally, Raymond James Financial Inc. raised its holdings in lululemon athletica by 10.7% during the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer's stock valued at $26,759,000 after acquiring an additional 10,891 shares during the period. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica News Roundup

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

• Positive Sentiment: Adjusted second-quarter EPS of $2.92 exceeded the $1.79 consensus estimate. However, the beat was substantially aided by $134.5 million in tariff refunds, which contributed approximately $0.86 to diluted EPS, making the result less indicative of underlying profitability. lululemon Q2 Earnings Beat on Tariff Refunds Despite Revenue Miss
• Positive Sentiment: The company repurchased approximately $330 million of stock during the quarter, while some investors—including Michael Burry—have viewed the selloff as a potential long-term buying opportunity. Lululemon Sinks After Second Guidance Cut
• Neutral Sentiment: Analyst views became more cautious but remained mixed. Stifel downgraded its target to $100 with a hold rating, while Bank of America, UBS, Baird and Telsey retained neutral or market-perform views with targets above the recent trading level. Lululemon’s Disappointing Sales Outlook
• Negative Sentiment: Second-quarter revenue fell 4% year over year to $2.416 billion, missing the $2.46 billion consensus estimate, while comparable sales declined 9%. Americas revenue dropped 8% and comparable sales fell 12%; China revenue also weakened, suggesting pressure in both the core market and an important international region. Lululemon Shares Tumble on Weak China, North America Sales
• Negative Sentiment: LULU reduced fiscal 2026 revenue guidance to $10.35 billion–$10.50 billion and EPS guidance to $9.48–$9.73, its second annual forecast cut this year. Third-quarter guidance also implies sharply lower revenue and EPS than analysts expected, reinforcing fears that the slowdown will persist. Lululemon Forecast Cut Hits Shares
• Negative Sentiment: Several firms cut their targets further: Morgan Stanley lowered its target to $83 and assigned underweight, Truist reduced its target to $82 and reaffirmed sell, and JPMorgan cut its target to $95. These revisions reflect concerns about traffic, uneven product acceptance, competition and weakening margins.

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.

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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