Lululemon Athletica (NASDAQ:LULU) Given New $385.00 Price Target at Telsey Advisory Group

Lululemon Athletica (NASDAQ:LULU) had its price target reduced by Telsey Advisory Group from $445.00 to $385.00 in a research note published on Friday, Marketbeat.com reports. They currently have an outperform rating on the apparel retailer’s stock. Telsey Advisory Group also issued estimates for Lululemon Athletica’s Q1 2026 earnings at $2.58 EPS, Q2 2026 earnings at $3.29 EPS, Q3 2026 earnings at $2.97 EPS, Q4 2026 earnings at $6.33 EPS and FY2027 earnings at $16.67 EPS.

Several other analysts have also weighed in on the company. Raymond James reissued an “outperform” rating and issued a $430.00 price objective (up from $400.00) on shares of Lululemon Athletica in a report on Wednesday, January 15th. Sanford C. Bernstein raised Lululemon Athletica from a “market perform” rating to an “outperform” rating and upped their price target for the company from $360.00 to $460.00 in a research report on Tuesday, January 7th. Truist Financial raised their price objective on Lululemon Athletica from $420.00 to $460.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. William Blair reiterated an “outperform” rating on shares of Lululemon Athletica in a research note on Friday, December 6th. Finally, Wells Fargo & Company raised their price target on shares of Lululemon Athletica from $350.00 to $375.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nineteen have issued a buy rating to the company. Based on data from MarketBeat, Lululemon Athletica presently has an average rating of “Moderate Buy” and a consensus target price of $380.72.

Lululemon Athletica Trading Down 14.2 %

Lululemon Athletica stock opened at $293.06 on Friday. The stock has a 50 day moving average of $364.63 and a 200-day moving average of $340.22. The stock has a market cap of $35.69 billion, a P/E ratio of 21.16, a price-to-earnings-growth ratio of 2.22 and a beta of 1.21. Lululemon Athletica has a 52 week low of $226.01 and a 52 week high of $423.32.

Lululemon Athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, beating analysts’ consensus estimates of $5.85 by $0.29. The firm had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.59 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The firm’s revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.29 EPS. As a group, equities analysts predict that Lululemon Athletica will post 14.36 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lululemon Athletica

Institutional investors have recently bought and sold shares of the stock. TCTC Holdings LLC acquired a new position in Lululemon Athletica during the 4th quarter valued at about $26,000. Anderson Financial Strategies LLC bought a new position in shares of Lululemon Athletica in the fourth quarter valued at approximately $30,000. Kestra Investment Management LLC acquired a new position in shares of Lululemon Athletica during the fourth quarter valued at approximately $32,000. Bradley & Co. Private Wealth Management LLC bought a new stake in Lululemon Athletica during the fourth quarter worth approximately $32,000. Finally, Sound Income Strategies LLC lifted its position in Lululemon Athletica by 309.5% in the fourth quarter. Sound Income Strategies LLC now owns 86 shares of the apparel retailer’s stock worth $33,000 after purchasing an additional 65 shares during the period. 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.