Lululemon Athletica's (LULU) "Outperform" Rating Reiterated at William Blair

William Blair reiterated their outperform rating on shares of Lululemon Athletica (NASDAQ:LULU - Free Report) in a report released on Thursday,RTT News reports. William Blair also issued estimates for Lululemon Athletica's Q1 2026 earnings at $2.60 EPS, Q2 2026 earnings at $3.59 EPS, Q3 2026 earnings at $3.20 EPS, Q4 2026 earnings at $5.85 EPS, FY2026 earnings at $15.22 EPS and FY2027 earnings at $16.92 EPS.

Other equities research analysts have also issued research reports about the company. JPMorgan Chase & Co. reduced their price target on Lululemon Athletica from $437.00 to $391.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Citigroup set a $330.00 target price on shares of Lululemon Athletica and gave the company a "negative" rating in a research report on Friday, March 28th. BMO Capital Markets lowered their price target on shares of Lululemon Athletica from $313.00 to $302.00 and set a "market perform" rating for the company in a report on Friday, March 28th. Stifel Nicolaus reduced their price objective on shares of Lululemon Athletica from $438.00 to $424.00 and set a "buy" rating on the stock in a research note on Friday, March 28th. Finally, Guggenheim lifted their target price on shares of Lululemon Athletica from $350.00 to $415.00 and gave the stock a "buy" rating in a research note on Friday, December 6th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $378.31.

Lululemon Athletica Stock Down 5.8 %

Lululemon Athletica stock traded down $15.45 during trading hours on Thursday, hitting $249.56. The stock had a trading volume of 1,620,332 shares, compared to its average volume of 2,204,686. The business's 50 day simple moving average is $350.83 and its 200-day simple moving average is $340.42. Lululemon Athletica has a one year low of $226.01 and a one year high of $423.32. The stock has a market cap of $30.39 billion, a price-to-earnings ratio of 17.95, a P/E/G ratio of 2.22 and a beta of 1.31.

Lululemon Athletica (NASDAQ:LULU - Get Free Report) last posted its earnings results on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, topping the consensus estimate of $5.85 by $0.29. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The business had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.59 billion. During the same period last year, the company earned $5.29 EPS. The firm's revenue was up 12.3% compared to the same quarter last year. Research analysts anticipate that Lululemon Athletica will post 14.36 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LULU. Parallel Advisors LLC boosted its stake in shares of Lululemon Athletica by 62.5% in the 1st quarter. Parallel Advisors LLC now owns 14,068 shares of the apparel retailer's stock worth $3,982,000 after buying an additional 5,409 shares during the last quarter. GAMMA Investing LLC grew its stake in Lululemon Athletica by 37,062.1% in the 1st quarter. GAMMA Investing LLC now owns 563,006 shares of the apparel retailer's stock valued at $159,364,000 after purchasing an additional 561,491 shares during the period. Moody National Bank Trust Division increased its position in shares of Lululemon Athletica by 1.2% during the 1st quarter. Moody National Bank Trust Division now owns 3,168 shares of the apparel retailer's stock valued at $897,000 after purchasing an additional 39 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of Lululemon Athletica by 122.4% during the 1st quarter. Versant Capital Management Inc now owns 407 shares of the apparel retailer's stock worth $115,000 after purchasing an additional 224 shares during the period. Finally, First Hawaiian Bank purchased a new position in shares of Lululemon Athletica in the 1st quarter worth about $806,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

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.