Zacks Research Has Bearish Outlook for LULU FY2026 Earnings

lululemon athletica inc. (NASDAQ:LULU - Free Report) - Investment analysts at Zacks Research lowered their FY2026 earnings per share estimates for shares of lululemon athletica in a research report issued to clients and investors on Thursday, June 19th. Zacks Research analyst R. Lohia now forecasts that the apparel retailer will post earnings per share of $14.72 for the year, down from their prior forecast of $14.96. The consensus estimate for lululemon athletica's current full-year earnings is $14.36 per share. Zacks Research also issued estimates for lululemon athletica's Q1 2027 earnings at $2.77 EPS, Q3 2027 earnings at $3.23 EPS, Q4 2027 earnings at $6.52 EPS, FY2027 earnings at $15.77 EPS, Q1 2028 earnings at $3.08 EPS and FY2028 earnings at $17.26 EPS.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings data on Thursday, June 5th. The apparel retailer reported $2.60 earnings per share for the quarter, hitting analysts' consensus estimates of $2.60. lululemon athletica had a return on equity of 43.48% and a net margin of 16.82%. The company had revenue of $2.37 billion during the quarter, compared to analysts' expectations of $2.36 billion. During the same period last year, the firm earned $2.54 EPS. The firm's revenue for the quarter was up 7.3% on a year-over-year basis.

A number of other analysts have also recently weighed in on the company. BMO Capital Markets decreased their price objective on lululemon athletica from $302.00 to $250.00 and set a "market perform" rating for the company in a research report on Friday, June 6th. Citigroup reduced their price target on lululemon athletica from $325.00 to $270.00 and set a "neutral" rating for the company in a report on Friday, June 6th. Piper Sandler raised their price target on lululemon athletica from $280.00 to $315.00 and gave the company a "neutral" rating in a report on Tuesday, June 3rd. William Blair reissued an "outperform" rating on shares of lululemon athletica in a report on Thursday, April 3rd. Finally, Cfra Research raised lululemon athletica from a "hold" rating to a "strong-buy" rating in a report on Monday, March 31st. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $340.26.

lululemon athletica Stock Performance

lululemon athletica stock traded up $0.06 during mid-day trading on Monday, reaching $231.58. 3,077,341 shares of the company were exchanged, compared to its average volume of 2,278,100. lululemon athletica has a twelve month low of $219.97 and a twelve month high of $423.32. The firm's 50-day simple moving average is $280.23 and its two-hundred day simple moving average is $329.60. The firm has a market cap of $27.75 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 2.13 and a beta of 1.26.

Hedge Funds Weigh In On lululemon athletica

Hedge funds have recently bought and sold shares of the stock. N.E.W. Advisory Services LLC purchased a new position in lululemon athletica during the first quarter worth $25,000. TCTC Holdings LLC purchased a new stake in shares of lululemon athletica in the fourth quarter valued at $26,000. Cornerstone Planning Group LLC grew its position in shares of 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 purchasing an additional 81 shares during the period. Flaharty Asset Management LLC purchased a new stake in shares of lululemon athletica in the first quarter valued at $29,000. Finally, Anderson Financial Strategies LLC purchased a new stake in shares of lululemon athletica in the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 85.20% of the company's stock.

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.