Piper Sandler Lowers lululemon athletica (NASDAQ:LULU) Price Target to $80.00

lululemon athletica (NASDAQ:LULU) had its price target reduced by Piper Sandler from $110.00 to $80.00 in a report released on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the apparel retailer’s stock. Piper Sandler’s price objective suggests a potential downside of 20.54% from the stock’s current price.

Several other equities analysts also recently commented on LULU. The Goldman Sachs Group dropped their target price on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Guggenheim restated a “neutral” rating on shares of lululemon athletica in a research report on Friday. Citigroup reduced their price objective on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. Robert W. Baird lowered their price objective on shares of lululemon athletica from $140.00 to $115.00 and set a “neutral” rating for the company in a research note on Friday. Finally, Stifel Nicolaus dropped their target price on shares of lululemon athletica from $134.00 to $100.00 and set a “hold” rating on the stock in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $138.62.

lululemon athletica Trading Down 17.3%

LULU stock traded down $21.09 during mid-day trading on Friday, hitting $100.68. 27,841,598 shares of the company were exchanged, compared to its average volume of 3,358,208. The stock has a market capitalization of $11.95 billion, a PE ratio of 8.11, a price-to-earnings-growth ratio of 2.50 and a beta of 0.87. lululemon athletica has a 1-year low of $97.99 and a 1-year high of $225.98. The business has a 50 day simple moving average of $118.76 and a 200-day simple moving average of $136.61.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $1.13. The firm 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 31.26% and a net margin of 13.03%.The company’s revenue was down 4.3% on a year-over-year basis. During the same quarter last year, the company earned $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. Equities research analysts expect that lululemon athletica will post 10.93 earnings per share for the current year.

Insider Buying and Selling at lululemon athletica

In other news, Director Charles Bergh purchased 4,275 shares of the stock in a transaction dated Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the acquisition, the director owned 10,365 shares in the company, valued at $1,213,223.25. This represents a 70.20% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Institutional Trading of lululemon athletica

Several institutional investors and hedge funds have recently bought and sold shares of the company. Uniplan Investment Counsel Inc. purchased a new position in lululemon athletica in the 4th quarter worth approximately $26,000. Elyxium Wealth LLC bought a new position in lululemon athletica in the fourth quarter valued at $31,000. Rexford Capital Inc. bought a new position in lululemon athletica in the first quarter valued at $31,000. DV Equities LLC purchased a new stake in lululemon athletica during the fourth quarter valued at about $31,000. Finally, Gould Capital LLC bought a new stake in lululemon athletica during the first quarter worth about $32,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Key lululemon athletica News

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

• Positive Sentiment: Adjusted second-quarter EPS of $2.92 exceeded the $1.79 consensus estimate. However, the beat was substantially aided by $134.5 million in tariff refunds, which contributed approximately $0.86 to diluted EPS, making the result less indicative of underlying profitability. lululemon Q2 Earnings Beat on Tariff Refunds Despite Revenue Miss
• Positive Sentiment: The company repurchased approximately $330 million of stock during the quarter, while some investors—including Michael Burry—have viewed the selloff as a potential long-term buying opportunity. Lululemon Sinks After Second Guidance Cut
• Neutral Sentiment: Analyst views became more cautious but remained mixed. Stifel downgraded its target to $100 with a hold rating, while Bank of America, UBS, Baird and Telsey retained neutral or market-perform views with targets above the recent trading level. Lululemon’s Disappointing Sales Outlook
• Negative Sentiment: Second-quarter revenue fell 4% year over year to $2.416 billion, missing the $2.46 billion consensus estimate, while comparable sales declined 9%. Americas revenue dropped 8% and comparable sales fell 12%; China revenue also weakened, suggesting pressure in both the core market and an important international region. Lululemon Shares Tumble on Weak China, North America Sales
• Negative Sentiment: LULU reduced fiscal 2026 revenue guidance to $10.35 billion–$10.50 billion and EPS guidance to $9.48–$9.73, its second annual forecast cut this year. Third-quarter guidance also implies sharply lower revenue and EPS than analysts expected, reinforcing fears that the slowdown will persist. Lululemon Forecast Cut Hits Shares
• Negative Sentiment: Several firms cut their targets further: Morgan Stanley lowered its target to $83 and assigned underweight, Truist reduced its target to $82 and reaffirmed sell, and JPMorgan cut its target to $95. These revisions reflect concerns about traffic, uneven product acceptance, competition and weakening margins.

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.