lululemon athletica inc. (NASDAQ:LULU) Stock Has Average Price Target of $106.86

Key Points

• Analysts have a cautious view of LULU: 29 analysts give the stock a consensus “Reduce” rating, with seven sells, 21 holds and one strong buy. The average 12-month price target is $106.86.
• Several firms recently cut their price targets, including Piper Sandler to $80, Bank of America to $122, Telsey Advisory Group to $110 and Truist Financial to $82.
• Lululemon reported quarterly EPS of $2.92, well above the $1.79 consensus estimate, but revenue of $2.42 billion missed expectations and declined 4.3% year over year. The stock opened at $94.66, near its 52-week low of $90.38.

Shares of lululemon athletica inc. (NASDAQ:LULU - Get Free Report) have received a consensus recommendation of "Reduce" from the twenty-nine analysts that are presently covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a sell recommendation, twenty-one have assigned a hold recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $106.86.

LULU has been the subject of a number of recent research reports. Piper Sandler decreased their price objective on lululemon athletica from $110.00 to $80.00 and set a "neutral" rating for the company in a report on Friday, September 4th. Bank of America lowered their target price on lululemon athletica from $140.00 to $122.00 and set a "neutral" rating for the company in a research report on Friday, September 4th. Telsey Advisory Group cut their target price on lululemon athletica from $122.00 to $110.00 and set a "market perform" rating on the stock in a report on Friday, September 4th. Argus reiterated a "hold" rating on shares of lululemon athletica in a research report on Monday, September 14th. Finally, Truist Financial reiterated a "sell" rating and issued a $82.00 price target (down from $94.00) on shares of lululemon athletica in a research report on Friday, September 4th.

Hedge Funds Weigh In On lululemon athletica

A number of hedge funds have recently made changes to their positions in the stock. Murphy & Mullick Capital Management Corp boosted its stake in lululemon athletica by 4.3% during the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer's stock worth $242,000 after acquiring an additional 65 shares in the last quarter. Dynamic Wealth Strategies LLC grew its holdings in lululemon athletica by 22.6% in the second quarter. Dynamic Wealth Strategies LLC now owns 499 shares of the apparel retailer's stock worth $57,000 after purchasing an additional 92 shares during the period. SBI Securities Co. Ltd. grew its holdings in lululemon athletica by 3.0% in the second quarter. SBI Securities Co. Ltd. now owns 3,246 shares of the apparel retailer's stock worth $371,000 after purchasing an additional 94 shares during the period. Silver Oak Securities Incorporated grew its holdings in lululemon athletica by 5.0% in the first quarter. Silver Oak Securities Incorporated now owns 2,238 shares of the apparel retailer's stock worth $343,000 after purchasing an additional 107 shares during the period. Finally, Tema ETFs LLC increased its stake in lululemon athletica by 7.2% in the second quarter. Tema ETFs LLC now owns 2,145 shares of the apparel retailer's stock valued at $245,000 after purchasing an additional 145 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica Price Performance

LULU opened at $94.66 on Tuesday. lululemon athletica has a fifty-two week low of $90.38 and a fifty-two week high of $225.98. The company's 50 day moving average price is $108.49 and its two-hundred day moving average price is $122.59. The firm has a market capitalization of $10.96 billion, a price-to-earnings ratio of 7.75, a PEG ratio of 2.25 and a beta of 0.92.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings results 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. The firm had revenue of $2.42 billion during the quarter, compared to analysts' expectations of $2.46 billion. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The company's revenue was down 4.3% on a year-over-year basis. During the same period in the prior year, the company posted $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. As a group, equities research analysts predict that lululemon athletica will post 9.55 EPS for the current year.

About lululemon athletica

lululemon athletica inc. is a Canada-based athletic apparel, footwear and accessories company known for products designed for yoga, running, training, tennis and other active pursuits. Its offerings include leggings, shorts, tops, jackets, sports bras, footwear, bags and related accessories for women and men.

Founded in Vancouver, British Columbia, in 1998, lululemon began as a yoga-focused apparel retailer and has expanded into a broader global athletic and lifestyle brand. The company sells products through its own retail stores, e-commerce platforms and selected wholesale channels.

lululemon serves customers across North America, Asia-Pacific, Europe and other international markets.

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