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

lululemon athletica (NASDAQ:LULU) had its price objective decreased by Piper Sandler from $110.00 to $80.00 in a research note published on Friday,Benzinga reports. Piper Sandler currently has a neutral rating on the apparel retailer’s stock.

A number of other equities analysts also recently issued reports on the company. Evercore decreased their price objective on lululemon athletica from $175.00 to $130.00 in a report on Wednesday, June 3rd. Wells Fargo & Company dropped their target price on shares of lululemon athletica from $105.00 to $95.00 and set an “equal weight” rating on the stock in a report on Friday. Rothschild & Co Redburn reduced their target price on shares of lululemon athletica from $160.00 to $110.00 and set a “sell” rating on the stock in a research report on Tuesday, June 16th. Telsey Advisory Group decreased their price target on shares of lululemon athletica from $122.00 to $110.00 and set a “market perform” rating for the company in a research note on Friday. Finally, Barclays lowered their price target 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, June 5th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $116.46.

lululemon athletica Stock Performance

lululemon athletica stock opened at $100.61 on Friday. lululemon athletica has a fifty-two week low of $97.99 and a fifty-two week high of $225.98. The stock’s 50 day simple moving average is $118.42 and its two-hundred day simple moving average is $136.08. The stock has a market cap of $11.94 billion, a price-to-earnings ratio of 8.24, a PEG ratio of 2.05 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $1.13. The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.46 billion. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The business’s revenue was down 4.3% compared to the same quarter last year. During the same quarter in the prior 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. On average, analysts predict that lululemon athletica will post 11.14 earnings per share for the current year.

Insider Buying and Selling at lululemon athletica

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Uniplan Investment Counsel Inc. purchased a new stake in shares of lululemon athletica during the fourth quarter valued at $26,000. Elyxium Wealth LLC purchased a new position in lululemon athletica in the 4th quarter worth about $31,000. DV Equities LLC bought a new position in lululemon athletica during the 4th quarter valued at about $31,000. GW&K Investment Management LLC lifted its stake in lululemon athletica by 70.3% during the 4th quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock valued at $39,000 after acquiring an additional 78 shares during the period. Finally, Rexford Capital Inc. bought a new position in lululemon athletica during the 1st quarter valued at about $31,000. 85.20% of the stock is owned by institutional investors.

Key lululemon athletica News

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

• Positive Sentiment: Fiscal Q2 adjusted EPS of $2.92 exceeded the $1.79 consensus estimate. However, approximately $0.86 per share of the result came from tariff refunds, making the beat less indicative of underlying operating strength. lululemon Q2 Earnings Beat on Tariff Refunds Despite Revenue Miss
• Positive Sentiment: Michael Burry reportedly remains bullish and indicated he may buy more shares below $100, offering a contrarian vote of confidence despite the disappointing results. Lululemon Sinks 20% After Second Guidance Cut
• Neutral Sentiment: Incoming CEO Heidi O’Neill takes over next week, putting renewed focus on whether a product refresh, stronger marketing and improved traffic can restore growth. Lululemon forecast cut hits shares, underscores challenge for next CEO
• Neutral Sentiment: Analyst opinion became more cautious: Goldman Sachs, Barclays, JPMorgan, Morgan Stanley, Piper Sandler and others lowered price targets, though several retained neutral or market-perform ratings and some targets remain above the stock’s recent level.
• Negative Sentiment: Q2 revenue fell 4% year over year to $2.42 billion, below the $2.46 billion consensus, while comparable sales dropped 9%. Americas revenue declined 8% and comparable sales fell 12%, signaling weakness in the company’s core market. Lululemon shares tumble on weak China, North America sales
• Negative Sentiment: Management reduced fiscal 2026 revenue guidance to $10.35 billion-$10.50 billion and EPS guidance to $9.48-$9.73. Q3 revenue is expected to decline 10%-11%, reinforcing concerns that the slowdown will persist.
• Negative Sentiment: The CEO transition, uneven product acceptance, softer store traffic, intense competition and a stronger-than-expected jobs report that increased rate concerns compounded the pressure on the apparel retailer’s valuation.

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.