Q3 EPS Forecast for lululemon athletica Decreased by Analyst

Key Points

• Zacks Research has significantly lowered its Q3 2026 earnings per share estimate for lululemon athletica to $2.23, down from a previous estimate of $3.02, maintaining a "Strong Sell" rating on the stock.
• Several analysts have cut their target prices for lululemon athletica, with Sanford C. Bernstein lowering it from $350 to $220, while Telsey Advisory Group dropped theirs from $360 to $200.
• Following a recent quarterly earnings report where lululemon beat EPS expectations, shares opened at $169.62, reflecting a volatility in market confidence following ongoing estimate reductions.

lululemon athletica inc. (NASDAQ:LULU - Free Report) - Investment analysts at Zacks Research decreased their Q3 2026 earnings per share (EPS) estimates for lululemon athletica in a report issued on Thursday, September 18th. Zacks Research analyst Team now anticipates that the apparel retailer will earn $2.23 per share for the quarter, down from their prior forecast of $3.02. Zacks Research has a "Strong Sell" rating on the stock. 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 Q4 2026 earnings at $5.04 EPS, FY2026 earnings at $12.97 EPS, Q3 2027 earnings at $2.37 EPS, Q4 2027 earnings at $5.35 EPS, FY2027 earnings at $13.20 EPS, Q1 2028 earnings at $2.64 EPS and FY2028 earnings at $14.18 EPS.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating the consensus estimate of $2.86 by $0.24. The business had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The business's quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the business posted $3.15 EPS. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS.

Other equities analysts have also recently issued research reports about the company. UBS Group decreased their price objective on lululemon athletica from $240.00 to $185.00 and set a "neutral" rating for the company in a report on Friday, September 5th. The Goldman Sachs Group reduced their price target on lululemon athletica from $232.00 to $200.00 and set a "neutral" rating for the company in a research report on Friday, September 5th. Bank of America decreased their price target on lululemon athletica from $210.00 to $185.00 and set a "neutral" rating for the company in a report on Friday, September 12th. Truist Financial cut shares of lululemon athletica from a "buy" rating to a "hold" rating and set a $170.00 price objective on the stock. in a research note on Friday, September 5th. Finally, BMO Capital Markets cut their target price on shares of lululemon athletica from $302.00 to $250.00 and set a "market perform" rating for the company in a report on Friday, June 6th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, twenty-three have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, lululemon athletica presently has a consensus rating of "Hold" and an average target price of $235.67.

lululemon athletica Stock Performance

NASDAQ LULU traded up $3.79 on Monday, reaching $173.41. 6,335,676 shares of the company's stock traded hands, compared to its average volume of 7,436,171. lululemon athletica has a fifty-two week low of $159.25 and a fifty-two week high of $423.32. The firm has a market cap of $20.56 billion, a price-to-earnings ratio of 11.53, a P/E/G ratio of 10.59 and a beta of 1.12. The stock has a 50 day moving average price of $197.38 and a 200-day moving average price of $251.19.

Insider Buying and Selling at lululemon athletica

In other news, CEO Calvin Mcdonald sold 27,049 shares of lululemon athletica stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $235.69, for a total value of $6,375,178.81. Following the sale, 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 legal filing with the SEC, which is available at this link. 0.54% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On lululemon athletica

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. N.E.W. Advisory Services LLC acquired a new stake in shares of lululemon athletica in the first quarter valued at about $25,000. Cornerstone Planning Group LLC raised its holdings in lululemon athletica by 506.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer's stock valued at $26,000 after acquiring an additional 81 shares during the last quarter. Flaharty Asset Management LLC acquired a new stake in lululemon athletica in the 1st quarter valued at about $29,000. Zions Bancorporation National Association UT purchased a new position in lululemon athletica in the 1st quarter worth approximately $31,000. Finally, Blue Trust Inc. boosted its holdings in shares of lululemon athletica by 96.8% during the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer's stock worth $29,000 after purchasing an additional 61 shares during the last quarter. Institutional investors and hedge funds 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.