UBS Group Lowers lululemon athletica (NASDAQ:LULU) Price Target to $120.00

Key Points

• UBS Group lowered lululemon’s price target from $124 to $120 while maintaining a “neutral” rating, implying roughly 2% upside from the prior close.
• Analyst sentiment remains cautious, with 25 “hold” and five “sell” ratings; MarketBeat lists a consensus rating of “Reduce” and an average price target of $148.38.
• Lululemon shares fell to $117.67, near their 52-week low of $104.44, despite the company slightly exceeding quarterly earnings and revenue expectations.

lululemon athletica (NASDAQ:LULU - Get Free Report) had its price objective dropped by research analysts at UBS Group from $124.00 to $120.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a "neutral" rating on the apparel retailer's stock. UBS Group's target price indicates a potential upside of 1.98% from the company's previous close.

A number of other analysts also recently commented on LULU. Zacks Research upgraded lululemon athletica from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 19th. Weiss Ratings raised lululemon athletica from a "sell (d)" rating to a "sell (d+)" rating in a report on Wednesday, August 5th. Sanford C. Bernstein cut their target price on shares of lululemon athletica from $170.00 to $145.00 and set a "market perform" rating on the stock in a research report on Wednesday, June 3rd. Stifel Nicolaus reduced 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. Finally, Freedom Capital upgraded lululemon athletica from a "strong sell" rating to a "hold" rating in a research note on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have issued a Hold rating and five have issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and an average price target of $148.38.

lululemon athletica Stock Performance

Shares of lululemon athletica stock traded down $5.12 on Tuesday, reaching $117.67. The stock had a trading volume of 1,468,900 shares, compared to its average volume of 3,042,662. The stock has a market cap of $13.96 billion, a P/E ratio of 9.49, a price-to-earnings-growth ratio of 3.97 and a beta of 0.86. The business's 50-day moving average price is $117.55 and its two-hundred day moving average price is $139.77. lululemon athletica has a fifty-two week low of $104.44 and a fifty-two week high of $225.98.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion during the quarter, compared to analysts' expectations of $2.44 billion. During the same quarter in the previous year, the firm earned $2.60 EPS. The firm's revenue was up 4.3% compared to the same quarter last year. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. As a group, equities 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 V. Bergh purchased 4,275 shares of the company's stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the purchase, the director directly owned 10,365 shares in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.54% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Uniplan Investment Counsel Inc. acquired a new position in lululemon athletica during the fourth quarter worth about $26,000. Elyxium Wealth LLC acquired a new position in lululemon athletica during the 4th quarter worth about $31,000. DV Equities LLC bought a new stake in lululemon athletica in the fourth quarter valued at approximately $31,000. GW&K Investment Management LLC increased its position in shares of lululemon athletica by 70.3% during the fourth quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer's stock worth $39,000 after buying an additional 78 shares during the period. Finally, Rexford Capital Inc. bought a new stake in shares of lululemon athletica during the 1st quarter valued at about $31,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

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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