lululemon athletica (NASDAQ:LULU) Research Coverage Started at Wolfe Research

Wolfe Research assumed coverage on shares of lululemon athletica (NASDAQ:LULU) in a research report report published on Thursday morning, MarketBeat reports. The brokerage issued an underperform rating and a $75.00 price target on the apparel retailer’s stock.

LULU has been the topic of several other reports. Needham & Company LLC restated a “hold” rating on shares of lululemon athletica in a report on Friday, September 4th. Argus reiterated a “hold” rating on shares of lululemon athletica in a report on Monday, September 14th. Citigroup cut their price objective on lululemon athletica from $130.00 to $117.00 and set a “neutral” rating for the company in a report on Wednesday, September 9th. Zacks Research cut lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 17th. Finally, The Goldman Sachs Group lowered their target price on lululemon athletica from $111.00 to $95.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Hold rating and eight have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $105.26.

lululemon athletica Stock Performance

LULU stock opened at $99.01 on Thursday. The stock has a market cap of $11.47 billion, a P/E ratio of 8.11, a P/E/G ratio of 2.36 and a beta of 0.92. The firm has a 50 day simple moving average of $103.86 and a 200 day simple moving average of $119.33. lululemon athletica has a 52 week low of $90.38 and a 52 week high of $225.98.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $1.13. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The firm’s revenue was down 4.3% on a year-over-year basis. During the same period in the previous year, the firm posted $3.10 earnings per share. 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. Sell-side analysts predict that lululemon athletica will post 9.55 EPS for the current year.

Hedge Funds Weigh In On lululemon athletica

A number of institutional investors have recently modified their holdings of LULU. Rexford Capital Inc. bought a new stake in shares of lululemon athletica during the 1st quarter worth $31,000. Gould Capital LLC acquired a new position in lululemon athletica in the 1st quarter valued at $32,000. Allied Private Wealth LLC bought a new position in lululemon athletica in the 2nd quarter worth $34,000. Ancora Advisors LLC bought a new position in lululemon athletica in the 2nd quarter worth $37,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in lululemon athletica in the 1st quarter worth $38,000. Institutional investors own 85.20% of the company’s stock.

Key Stories Impacting lululemon athletica

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

• Positive Sentiment: Board addition may support a product and leadership reset. lululemon appointed former Chief Product Officer Tara Poseley to its expanded board. Her more than 30 years of consumer and retail experience, along with the reported truce involving founder Chip Wilson, could help rebuild product momentum and ease governance tensions. Lululemon Announces Appointment of Tara Poseley to Board
• Positive Sentiment: Product-safety and compliance actions reduce some operational risk. The company reaffirmed its product-safety standards and agreed to a chemical-safety compliance deal with Texas officials. These steps may limit regulatory uncertainty, although they do not directly address slowing demand. Lululemon Agrees to Chemical Safety Compliance Deal
• Neutral Sentiment: Investors are reassessing the turnaround case. Recent commentary highlights the stock’s steep multiyear decline, potential rebound interest and mixed institutional positioning. The key question is whether new leadership and product initiatives can stabilize comparable sales and support the company’s lowered fiscal 2026 earnings outlook. What Changed for Lululemon Stock, and What Did Not?
• Negative Sentiment: Sector-wide retail selling is weighing on LULU. Premium athletic-apparel stocks, including lululemon, Under Armour and Nike, sold off more sharply than the broader retail sector. Investors are concerned that consumers may be reducing discretionary purchases ahead of the holiday season. Athletic Apparel Stocks Fall as Retail Selling Spreads
• Negative Sentiment: New bearish coverage adds valuation pressure. Wolfe Research initiated coverage with an “underperform” rating and a $75 price target, implying substantial downside from recently quoted levels. Wolfe Research Lululemon Coverage
• Negative Sentiment: A securities-fraud investigation announcement creates additional uncertainty. Bleichmar Fonti & Auld said it is investigating potential securities-law violations following significant stock declines. The announcement comes from a law firm seeking investor participation and does not establish wrongdoing, but it adds reputational and litigation risk. LULU Securities Fraud Investigation Announcement

About lululemon athletica

lululemon athletica inc. is a Vancouver, British Columbia-based designer, distributor and retailer of technical athletic apparel, footwear and accessories. The company serves consumers seeking products for yoga, running, training, fitness and other active lifestyles.

Its product portfolio includes women’s and men’s apparel, sports bras, leggings, tops, shorts, outerwear, footwear, bags and related accessories. lululemon sells its products through company-operated stores, e-commerce platforms and selected other channels, while also offering community-based fitness and wellness experiences connected to its brand.

Founded in 1998 by Chip Wilson, lululemon has expanded from its roots in yoga apparel into an international athletic and lifestyle brand.