lululemon athletica (NASDAQ:LULU) Stock Price Breaks Above Fifty Day Moving Average – Here’s What Happened

Shares of lululemon athletica inc. (NASDAQ:LULU) crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $103.68 and traded as high as $104.96. lululemon athletica shares last traded at $104.59, with a volume of 3,523,416 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on LULU shares. UBS Group decreased their price target on shares of lululemon athletica from $120.00 to $106.00 and set a “neutral” rating for the company in a research note on Friday, September 4th. Morgan Stanley dropped their price objective on shares of lululemon athletica from $93.00 to $83.00 and set an “underweight” rating on the stock in a research note on Friday, September 4th. Wells Fargo & Company cut their price objective on shares of lululemon athletica from $95.00 to $90.00 and set an “equal weight” rating on the stock in a report on Monday, October 19th. JPMorgan Chase & Co. decreased their target price on shares of lululemon athletica from $154.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, September 4th. Finally, Bank of America decreased their target price on shares of lululemon athletica from $140.00 to $122.00 and set a “neutral” rating for the company 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $105.26.

lululemon athletica Stock Up 4.4%

The stock’s fifty day moving average price is $103.21 and its 200 day moving average price is $135.06. The stock has a market cap of $12.72 billion, a PE ratio of 9.27, a PEG ratio of 2.51 and a beta of 0.92.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, topping the consensus estimate of $1.79 by $1.13. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.46 billion. During the same quarter in the previous year, the business earned $3.10 earnings per share. The company’s revenue was down 4.3% on a year-over-year basis. 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, equities research analysts expect that lululemon athletica inc. will post 9.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in lululemon athletica in the second quarter valued at approximately $1,010,565,000. Flossbach Von Storch SE acquired a new position in lululemon athletica in the second quarter valued at approximately $207,392,000. Bank of America Corp DE grew its position in lululemon athletica by 17.6% in the first quarter. Bank of America Corp DE now owns 846,381 shares of the apparel retailer’s stock worth $129,581,000 after acquiring an additional 126,917 shares during the period. Amundi increased its position in shares of lululemon athletica by 32.8% during the 1st quarter. Amundi now owns 670,655 shares of the apparel retailer’s stock worth $102,677,000 after purchasing an additional 165,790 shares during the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of lululemon athletica in the 2nd quarter worth approximately $100,660,000. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Company Profile

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.