Truist Financial Cuts lululemon athletica (NASDAQ:LULU) Price Target to $115.00

lululemon athletica (NASDAQ:LULU) had its price objective decreased by research analysts at Truist Financial from $135.00 to $115.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “hold” rating on the apparel retailer’s stock. Truist Financial’s target price points to a potential upside of 1.39% from the stock’s current price.

Other analysts have also issued research reports about the company. The Goldman Sachs Group cut their price objective on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating on the stock in a research report on Friday. Jefferies Financial Group dropped their target price on lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a report on Friday. BNP Paribas Exane lowered lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 target price on the stock. in a report on Friday. Stifel Nicolaus dropped their target price on lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a report on Friday. Finally, Wells Fargo & Company dropped their target price on lululemon athletica from $150.00 to $110.00 and set an “equal weight” rating on the stock in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $177.59.

lululemon athletica Stock Performance

Shares of lululemon athletica stock traded down $11.49 during trading hours on Friday, reaching $113.43. 8,890,864 shares of the company were exchanged, compared to its average volume of 2,987,675. lululemon athletica has a 1 year low of $109.36 and a 1 year high of $275.60. The stock’s fifty day moving average is $142.08 and its 200 day moving average is $170.35. The firm has a market cap of $13.69 billion, a PE ratio of 8.60, a PEG ratio of 3.89 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data 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 34.82% and a net margin of 14.22%.The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same quarter in the prior year, the company earned $2.60 earnings per share. The company’s revenue was up 4.3% on a year-over-year basis. 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 expect that lululemon athletica will post 12.26 earnings per share for the current year.

Insider Buying and Selling at lululemon athletica

In related news, CEO Andre Maestrini acquired 3,275 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was bought at an average price of $151.02 per share, for a total transaction of $494,590.50. Following the completion of the purchase, the chief executive officer directly owned 34,551 shares of the company’s stock, valued at approximately $5,217,892.02. The trade was a 10.47% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Charles V. Bergh acquired 6,090 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was bought at an average price of $164.20 per share, with a total value of $999,978.00. Following the purchase, the director directly owned 6,090 shares of the company’s stock, valued at $999,978. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.54% of the stock is currently owned by insiders.

Hedge Funds Weigh In On lululemon athletica

Large investors have recently bought and sold shares of the stock. Uniplan Investment Counsel Inc. acquired a new position in lululemon athletica in the fourth quarter valued at $26,000. Integrated Financial Solutions Inc. acquired a new stake in shares of lululemon athletica during the fourth quarter worth about $26,000. GoalVest Advisory LLC acquired a new stake in shares of lululemon athletica during the fourth quarter worth about $27,000. Elyxium Wealth LLC acquired a new stake in shares of lululemon athletica during the fourth quarter worth about $31,000. Finally, Cornerstone Planning Group LLC boosted its stake in shares of lululemon athletica by 81.9% during the third quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after buying an additional 68 shares during the period. Institutional investors and hedge funds own 85.20% of the company’s stock.

Trending Headlines about lululemon athletica

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

• Positive Sentiment: Lululemon beat first-quarter expectations, with revenue of $2.47 billion and EPS of $1.69 coming in slightly ahead of estimates, showing the business is still generating solid near-term results. lululemon athletica inc. Announces First Quarter Fiscal 2026 Results
• Positive Sentiment: Management said there were some improving trends in North America, including sequential improvement in full-price sales, and it highlighted growth opportunities in China and product innovation. Lululemon Athletica Inc (LULU) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: Several Wall Street firms lowered price targets after the report, but most kept neutral/hold-style ratings, signaling lowered expectations rather than a full capitulation on the stock. JPMorgan adjusts PT on lululemon athletica
• Neutral Sentiment: Analysts at firms including Baird, Jefferies, Barclays, Wells Fargo, Piper Sandler and Goldman Sachs also trimmed targets, reflecting a more cautious view on valuation and growth after the guidance reset. Lululemon slides as bleak forecasts deepen turnaround worries
• Negative Sentiment: Lululemon cut its FY26 revenue and profit outlook and guided Q2 revenue and EPS below consensus, reinforcing concerns that weak U.S. demand, competition and higher costs are weighing on the turnaround. Lululemon cuts annual forecasts amid slowing demand in US
• Negative Sentiment: Commentary across Reuters, MarketWatch, CNBC and other outlets emphasized slowing U.S. traffic, brand backlash, product misfires and tariff/markdown pressure, all of which point to a more prolonged recovery than investors had expected. Lululemon admits far more work is needed for a turnaround

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.