Brokerages Set lululemon athletica inc. (NASDAQ:LULU) PT at $148.35

Shares of lululemon athletica inc. (NASDAQ:LULU) have been assigned a consensus recommendation of “Reduce” from the thirty-two ratings firms that are presently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a sell recommendation, twenty-four have issued a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $148.3462.

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group cut their price target on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Freedom Capital raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Piper Sandler dropped their price objective on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Truist Financial lowered lululemon athletica from a “hold” rating to a “sell” rating and cut their target price for the company from $115.00 to $94.00 in a research note on Thursday, July 16th. Finally, Weiss Ratings cut lululemon athletica from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, July 20th.

Insider Buying and Selling at lululemon athletica

In other news, Director Charles V. Bergh purchased 4,275 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.54% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On lululemon athletica

Several hedge funds have recently bought and sold shares of the company. Swiss Life Asset Management Ltd lifted its holdings in lululemon athletica by 53.1% during the fourth quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock worth $14,150,000 after acquiring an additional 23,623 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in lululemon athletica by 46.6% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock valued at $5,319,000 after acquiring an additional 8,134 shares during the period. Rayburn West Financial Services LLC bought a new stake in shares of lululemon athletica in the fourth quarter worth about $3,536,000. Gateway Investment Advisers LLC increased its holdings in shares of lululemon athletica by 60.0% in the fourth quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock worth $9,364,000 after acquiring an additional 16,901 shares in the last quarter. Finally, MUFG Securities EMEA plc raised its position in shares of lululemon athletica by 9,695.1% during the fourth quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock worth $42,481,000 after purchasing an additional 202,337 shares during the period. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica Price Performance

Shares of NASDAQ:LULU opened at $118.87 on Thursday. The stock has a market cap of $14.11 billion, a price-to-earnings ratio of 9.59, a P/E/G ratio of 3.89 and a beta of 0.88. The company has a 50 day moving average of $118.27 and a 200-day moving average of $147.91. lululemon athletica has a one year low of $104.44 and a one year high of $225.98.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same period in the prior year, the business posted $2.60 earnings per share. lululemon athletica’s revenue 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. Equities research analysts anticipate that lululemon athletica will post 10.94 earnings per share for the current year.

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.