lululemon athletica inc. (NASDAQ:LULU) Receives $148.35 Average Price Target from Analysts

Shares of lululemon athletica inc. (NASDAQ:LULU) have received a consensus recommendation of “Reduce” from the thirty-two brokerages that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a sell rating, twenty-four have issued a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $148.3462.

LULU has been the subject of a number of recent research reports. Piper Sandler cut their target price on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Evercore decreased their price target on shares of lululemon athletica from $175.00 to $130.00 in a research note on Wednesday, June 3rd. Wells Fargo & Company lowered their price target on shares of lululemon athletica from $110.00 to $105.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a research note on Monday, June 8th. Finally, BTIG Research downgraded shares of lululemon athletica from a “buy” rating to a “neutral” rating in a report on Friday, June 5th.

Insider Transactions at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the transaction, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is owned by company insiders.

Hedge Funds Weigh In On lululemon athletica

A number of hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC lifted its holdings in shares of lululemon athletica by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock valued at $631,526,000 after acquiring an additional 71,464 shares during the period. Invesco Ltd. boosted its holdings in shares of lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after acquiring an additional 490,127 shares in the last quarter. Morgan Stanley boosted its holdings in shares of lululemon athletica by 2.8% in the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock worth $456,592,000 after acquiring an additional 59,282 shares in the last quarter. Norges Bank bought a new stake in lululemon athletica during the 4th quarter worth approximately $362,598,000. Finally, Boston Partners acquired a new stake in lululemon athletica during the 4th quarter valued at $304,875,000. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Stock Performance

NASDAQ LULU opened at $123.67 on Thursday. The firm has a 50-day simple moving average of $118.20 and a 200 day simple moving average of $146.86. lululemon athletica has a twelve month low of $104.44 and a twelve month high of $225.98. The stock has a market cap of $14.68 billion, a PE ratio of 9.98, a PEG ratio of 3.89 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same period last year, the business earned $2.60 earnings per share. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. Research analysts forecast that lululemon athletica will post 10.94 earnings per share for the current fiscal year.

About lululemon athletica

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.