Freedom Capital upgraded shares of lululemon athletica (NASDAQ:LULU – Free Report) from a strong sell rating to a hold rating in a report issued on Friday,Zacks.com reports.
Several other equities research analysts have also issued reports on LULU. Wells Fargo & Company dropped their price objective on shares of lululemon athletica from $150.00 to $110.00 and set an “equal weight” rating for the company in a research report on Friday. Telsey Advisory Group dropped their price objective on shares of lululemon athletica from $175.00 to $122.00 and set a “market perform” rating for the company in a research report on Friday. Stifel Nicolaus dropped their price objective on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating for the company in a research report on Friday. Barclays dropped their price objective on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a research report on Friday. Finally, Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $165.13.
lululemon athletica Stock Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) last issued its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping the consensus estimate of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.61%. The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same quarter in the prior year, the business posted $2.60 earnings per share. lululemon athletica’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. As a group, equities analysts forecast that lululemon athletica will post 12.26 EPS for the current fiscal year.
Insider Activity
In other news, CEO Andre Maestrini bought 3,275 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was acquired at an average cost of $151.02 per share, for a total transaction of $494,590.50. Following the completion of the purchase, the chief executive officer owned 34,551 shares of the company’s stock, valued at $5,217,892.02. This trade represents a 10.47% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Nicole Neuburger sold 622 shares of the company’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the transaction, the insider owned 19,156 shares of the company’s stock, valued at $3,084,116. This trade represents a 3.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.54% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Integrated Financial Solutions Inc. purchased a new position in shares of lululemon athletica in the fourth quarter valued at $26,000. Uniplan Investment Counsel Inc. bought a new position in lululemon athletica during the 4th quarter valued at $26,000. Murphy & Mullick Capital Management Corp boosted its stake in lululemon athletica by 187.5% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock valued at $27,000 after acquiring an additional 105 shares during the last quarter. GoalVest Advisory LLC bought a new position in lululemon athletica during the 4th quarter valued at $27,000. Finally, Elyxium Wealth LLC bought a new position in lululemon athletica during the 4th quarter valued at $31,000. 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: lululemon posted first-quarter EPS of $1.69 and revenue of $2.47 billion, both slightly ahead of Wall Street estimates, showing the business is still generating profits and growing revenue overall.
- Positive Sentiment: Management said international growth remains a bright spot, with China and other overseas markets helping offset some of the weakness in North America.
- Neutral Sentiment: Several analysts reiterated neutral/hold views while cutting price targets, signaling that expectations have been reset but not all firms are calling for a deeper selloff.
- Neutral Sentiment: New commentary suggests valuation may now look more attractive after the sharp drop, but investors are waiting for proof that the turnaround is working.
- Negative Sentiment: lululemon cut its FY2026 revenue and profit guidance and issued weaker-than-expected Q2 guidance, citing ongoing headwinds, tariff costs, markdown pressure, and softer traffic.
- Negative Sentiment: Multiple brokerages lowered targets on LULU, including BofA, JPMorgan, Barclays, Wells Fargo, Piper Sandler, and others, with some downgrading the stock to hold/neutral or underperform.
- Negative Sentiment: Articles cited fading brand momentum, product misfires, and negative social/media commentary, reinforcing concerns that lululemon’s core U.S. business is losing steam ahead of the incoming CEO transition.
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.
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