William Blair Issues Pessimistic Forecast for LULU Earnings

Lululemon Athletica Inc. (NASDAQ:LULU - Free Report) - Equities research analysts at William Blair cut their Q1 2026 EPS estimates for shares of Lululemon Athletica in a research report issued to clients and investors on Tuesday, May 27th. William Blair analyst S. Zackfia now forecasts that the apparel retailer will post earnings per share of $2.59 for the quarter, down from their prior estimate of $2.60. William Blair has a "Outperform" rating on the stock. The consensus estimate for Lululemon Athletica's current full-year earnings is $14.36 per share. William Blair also issued estimates for Lululemon Athletica's Q2 2026 earnings at $3.33 EPS, Q3 2026 earnings at $2.93 EPS, Q4 2026 earnings at $5.67 EPS and FY2026 earnings at $14.50 EPS.

Lululemon Athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings results on Thursday, March 27th. The apparel retailer reported $6.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.85 by $0.29. The company had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.59 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. Lululemon Athletica's revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the firm posted $5.29 EPS.

Several other equities analysts have also weighed in on the stock. Wells Fargo & Company cut their target price on shares of Lululemon Athletica from $315.00 to $300.00 and set an "equal weight" rating for the company in a report on Wednesday, April 30th. BTIG Research cut their target price on shares of Lululemon Athletica from $470.00 to $420.00 and set a "buy" rating for the company in a report on Friday, March 28th. UBS Group cut their target price on shares of Lululemon Athletica from $376.00 to $335.00 and set a "neutral" rating for the company in a report on Friday, March 28th. Piper Sandler cut their target price on shares of Lululemon Athletica from $315.00 to $280.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Finally, KeyCorp cut their target price on shares of Lululemon Athletica from $420.00 to $400.00 and set an "overweight" rating for the company in a report on Friday, March 28th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $369.52.

Lululemon Athletica Stock Down 1.2%

Shares of NASDAQ:LULU traded down $3.66 during trading on Thursday, hitting $313.43. 3,649,987 shares of the stock traded hands, compared to its average volume of 2,170,452. The company has a market cap of $37.81 billion, a price-to-earnings ratio of 22.63, a P/E/G ratio of 2.22 and a beta of 1.30. The company has a fifty day moving average price of $284.85 and a two-hundred day moving average price of $337.88. Lululemon Athletica has a 52-week low of $226.01 and a 52-week high of $423.32.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of LULU. N.E.W. Advisory Services LLC acquired a new position in Lululemon Athletica in the first quarter valued at about $25,000. TCTC Holdings LLC acquired a new position in Lululemon Athletica in the fourth quarter valued at about $26,000. Cornerstone Planning Group LLC lifted its position in Lululemon Athletica by 506.3% in the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer's stock valued at $26,000 after buying an additional 81 shares during the last quarter. Flaharty Asset Management LLC acquired a new position in Lululemon Athletica in the first quarter valued at about $29,000. Finally, Anderson Financial Strategies LLC acquired a new stake in shares of Lululemon Athletica during the fourth quarter worth about $30,000. Institutional investors and hedge funds own 85.20% of the company's stock.

Lululemon Athletica Company Profile

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.