Q3 EPS Forecast for lululemon athletica Lowered by Analyst

Key Points

• William Blair analysts have reduced lululemon athletica's Q3 2026 EPS estimate from $3.16 to $3.04, citing lower expectations for the company's earnings performance.
• Multiple analysts have decreased their target prices for lululemon, with Wells Fargo lowering it from $225.00 to $205.00, while KeyCorp adjusted theirs from $400.00 to $350.00.
• Institutional ownership in lululemon athletica is strong, with hedge funds holding approximately 85.20% of the company's stock, indicating significant interest from large investors.

lululemon athletica inc. (NASDAQ:LULU - Free Report) - Analysts at William Blair dropped their Q3 2026 EPS estimates for shares of lululemon athletica in a research report issued on Tuesday, August 19th. William Blair analyst S. Zackfia now forecasts that the apparel retailer will earn $3.04 per share for the quarter, down from their prior estimate of $3.16. 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 Q4 2026 earnings at $5.89 EPS, FY2026 earnings at $14.41 EPS and FY2027 earnings at $15.82 EPS.

A number of other equities research analysts also recently weighed in on LULU. Jefferies Financial Group lowered their target price on shares of lululemon athletica from $220.00 to $200.00 and set an "underperform" rating on the stock in a research note on Friday, June 6th. UBS Group lowered their target price on shares of lululemon athletica from $290.00 to $240.00 and set a "neutral" rating on the stock in a research note on Monday. Truist Financial lowered their target price on shares of lululemon athletica from $297.00 to $290.00 and set a "buy" rating on the stock in a research note on Friday, June 6th. Bank of America lowered their target price on shares of lululemon athletica from $400.00 to $370.00 and set a "buy" rating on the stock in a research note on Friday, June 6th. Finally, JPMorgan Chase & Co. downgraded shares of lululemon athletica from an "overweight" rating to a "neutral" rating and lowered their target price for the company from $303.00 to $224.00 in a research note on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, lululemon athletica presently has a consensus rating of "Moderate Buy" and an average price target of $319.98.

lululemon athletica Stock Performance

LULU traded up $9.41 on Wednesday, reaching $207.59. The company had a trading volume of 3,798,546 shares, compared to its average volume of 3,428,189. The business has a 50 day simple moving average of $219.14 and a 200 day simple moving average of $279.32. The company has a market cap of $24.88 billion, a price-to-earnings ratio of 14.06, a P/E/G ratio of 1.69 and a beta of 1.16. lululemon athletica has a 52-week low of $185.95 and a 52-week high of $423.32.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its earnings results on Thursday, June 5th. The apparel retailer reported $2.60 earnings per share for the quarter, hitting analysts' consensus estimates of $2.60. The business had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. lululemon athletica's revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.54 EPS. lululemon athletica has set its FY 2025 guidance at 14.580-14.780 EPS. Q2 2025 guidance at 2.850-2.900 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. purchased a new position in shares of lululemon athletica in the second quarter worth $313,000. Marex Group plc purchased a new position in shares of lululemon athletica in the second quarter worth $4,387,000. Advisory Services Network LLC increased its stake in shares of lululemon athletica by 74.4% in the second quarter. Advisory Services Network LLC now owns 5,323 shares of the apparel retailer's stock worth $1,265,000 after buying an additional 2,270 shares during the period. Anchor Investment Management LLC increased its stake in shares of lululemon athletica by 17.9% in the second quarter. Anchor Investment Management LLC now owns 6,900 shares of the apparel retailer's stock worth $1,639,000 after buying an additional 1,048 shares during the period. Finally, Old North State Trust LLC increased its stake in shares of lululemon athletica by 30.4% in the second quarter. Old North State Trust LLC now owns 1,649 shares of the apparel retailer's stock worth $392,000 after buying an additional 384 shares during the period. 85.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at lululemon athletica

In related news, CEO Calvin Mcdonald sold 27,049 shares of lululemon athletica stock in a transaction on Friday, June 27th. The shares were sold at an average price of $235.69, for a total value of $6,375,178.81. Following the transaction, the chief executive officer directly owned 110,564 shares of the company's stock, valued at $26,058,829.16. The trade was a 19.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.54% of the stock is currently owned by insiders.

About lululemon athletica

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.