Citigroup Issues Pessimistic Forecast for lululemon athletica (NASDAQ:LULU) Stock Price

lululemon athletica (NASDAQ:LULU) had its target price decreased by equities researchers at Citigroup from $130.00 to $117.00 in a note issued to investors on Wednesday, BayStreet reports. The brokerage presently has a “neutral” rating on the apparel retailer’s stock. Citigroup’s target price would suggest a potential upside of 16.26% from the company’s previous close.

Other equities analysts have also recently issued research reports about the company. JPMorgan Chase & Co. reduced their price target on lululemon athletica from $154.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, September 4th. Telsey Advisory Group dropped their price target on lululemon athletica from $122.00 to $110.00 and set a “market perform” rating for the company in a research report on Friday, September 4th. Piper Sandler decreased their target price on shares of lululemon athletica from $110.00 to $80.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. Truist Financial reiterated a “sell” rating and set a $82.00 price target (down from $94.00) on shares of lululemon athletica in a report on Friday, September 4th. Finally, Robert W. Baird dropped their price objective on shares of lululemon athletica from $140.00 to $115.00 and set a “neutral” rating for the company in a report on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $114.08.

lululemon athletica Trading Down 2.5%

Shares of LULU traded down $2.56 during mid-day trading on Wednesday, hitting $100.64. The company’s stock had a trading volume of 7,076,666 shares, compared to its average volume of 3,485,146. The company’s 50-day moving average is $117.93 and its 200-day moving average is $134.98. lululemon athletica has a 52-week low of $97.55 and a 52-week high of $225.98. The firm has a market capitalization of $11.94 billion, a price-to-earnings ratio of 8.23, a PEG ratio of 2.05 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $1.13. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The firm’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same period in the prior year, the company posted $3.10 EPS. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. As a group, sell-side analysts predict that lululemon athletica will post 11.14 earnings per share for the current fiscal year.

Insider Buying and Selling

In other lululemon athletica news, Director Charles Bergh purchased 4,275 shares of the business’s stock in a transaction on Monday, June 15th. The shares were bought at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the purchase, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.54% of the stock is owned by company insiders.

Institutional Trading of lululemon athletica

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NorthRock Partners LLC increased its position in shares of lululemon athletica by 4.2% during the third quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock worth $276,000 after purchasing an additional 62 shares in the last quarter. Murphy & Mullick Capital Management Corp boosted its holdings in lululemon athletica by 4.3% during the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock worth $242,000 after buying an additional 65 shares in the last quarter. IHT Wealth Management LLC boosted its stake in shares of lululemon athletica by 1.7% during the 2nd quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock worth $1,016,000 after acquiring an additional 73 shares in the last quarter. GW&K Investment Management LLC grew its holdings in lululemon athletica by 70.3% in the fourth quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock valued at $39,000 after purchasing an additional 78 shares during the last quarter. Finally, Golden State Wealth Management LLC grew its stake in lululemon athletica by 43.6% in the 4th quarter. Golden State Wealth Management LLC now owns 280 shares of the apparel retailer’s stock valued at $58,000 after acquiring an additional 85 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Key Headlines Impacting lululemon athletica

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Investor Michael Burry reportedly views lululemon as a contrarian opportunity and has been buying the decline, suggesting some investors believe the stock’s weak performance may already reflect significant pessimism. Michael Burry calls Lululemon his portfolio trickster
• Neutral Sentiment: New CEO Heidi O’Neill has begun a reset, but investors expect her to address declining traffic, product execution, brand sentiment, international performance and competitive pressure before confidence can recover. Lululemon’s New CEO Inherits a 52% Stock Collapse
• Neutral Sentiment: International markets remain an important potential growth avenue for LULU, but analysts are examining whether overseas revenue can offset weakness in the Americas and support future earnings estimates. International Markets and Lululemon: A Deep Dive for Investors
• Neutral Sentiment: Heavy investor searches for LULU reflect heightened attention after the selloff, but the increased interest does not itself indicate improving fundamentals or a change in analyst expectations. Investors Heavily Search Lululemon
• Negative Sentiment: BMO Capital Markets initiated coverage with an Underperform rating and a $70 price target, citing weakening demand and margin pressure. The target implies substantial additional downside from recent trading levels. BMO Capital Sees Downside for Lululemon
• Negative Sentiment: Recent quarterly results showed revenue down about 4% year over year and comparable sales down 9%, while core gross margin contracted 360 basis points. Higher SG&A and weaker operating leverage further pressured profitability. Lululemon From Bad to Worse
• Negative Sentiment: Management’s outlook calls for a roughly 10%–11% revenue decline in the third quarter and a 34% reduction in full-year EPS at the midpoint, excluding tariff-refund benefits. Negative social-media sentiment and weaker traffic in North America and China are adding to the concerns. Lululemon Says Negative Social Media Buzz Hurt Traffic
• Negative Sentiment: A shareholder-investigation announcement by Pomerantz adds a legal and reputational overhang, although such notices do not establish wrongdoing. Pomerantz Investor Alert

lululemon athletica Company Profile

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.