lululemon athletica (NASDAQ:LULU) Cut to “Strong Sell” at Zacks Research

lululemon athletica (NASDAQ:LULU) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Several other analysts have also commented on the stock. Piper Sandler lowered their price target on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Evercore lowered their price target on shares of lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. Daiwa Securities Group lowered their price target on shares of lululemon athletica from $173.00 to $120.00 and set a “neutral” rating on the stock in a research report on Tuesday. BNP Paribas Exane lowered shares of lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price target on the stock. in a research report on Friday, June 5th. Finally, Wells Fargo & Company lowered their price target on shares of lululemon athletica from $150.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-seven have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $154.26.

lululemon athletica Trading Up 2.4%

Shares of LULU opened at $121.84 on Wednesday. The firm’s 50-day moving average is $138.86 and its two-hundred day moving average is $168.71. lululemon athletica has a twelve month low of $109.36 and a twelve month high of $252.24. The firm has a market capitalization of $14.71 billion, a P/E ratio of 9.83, a PEG ratio of 3.78 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating the consensus estimate of $1.67 by $0.02. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.60 earnings per share. 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. Analysts predict that lululemon athletica will post 11.26 EPS for the current year.

Insider Buying and Selling

In related news, insider Nicole Neuburger sold 622 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total transaction of $100,142.00. Following the sale, the insider owned 19,156 shares in the company, valued at approximately $3,084,116. This trade represents a 3.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Charles V. Bergh bought 6,090 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were purchased at an average price of $164.20 per share, for a total transaction of $999,978.00. Following the transaction, the director owned 6,090 shares of the company’s stock, valued at $999,978. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.54% of the stock is owned by company insiders.

Institutional Trading of lululemon athletica

A number of hedge funds have recently bought and sold shares of LULU. Norges Bank acquired a new stake in lululemon athletica during the fourth quarter worth approximately $362,598,000. Boston Partners purchased a new position in lululemon athletica during the fourth quarter worth approximately $304,875,000. Vanguard Group Inc. raised its stake in lululemon athletica by 3.9% during the third quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock worth $2,452,394,000 after purchasing an additional 521,915 shares during the period. Invesco Ltd. raised its stake in lululemon athletica by 28.7% during the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after purchasing an additional 490,127 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in lululemon athletica by 77.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer’s stock worth $203,457,000 after purchasing an additional 426,860 shares during the period. Institutional investors and hedge funds own 85.20% of the company’s stock.

Key Headlines Impacting lululemon athletica

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

• Positive Sentiment: Several articles highlighted Lululemon as a potentially undervalued stock, citing its low forward P/E and strong cash flow, which could support a re-rating if operations stabilize. Is lululemon athletica inc. (LULU) A Good Stock To Buy Now?
• Positive Sentiment: Optimistic coverage also pointed to Lululemon as one of the “best Canadian stocks” and noted continued investor interest after its earnings report, which may be helping sentiment. Lululemon Athletica (LULU): 10 Best Canadian Stocks to Invest In According to Billionaires
• Positive Sentiment: Management’s push to accelerate renewable energy across the Chinese supply chain aligns with the company’s Impact Agenda 2030 and may reinforce its sustainability credentials with long-term investors. Lululemon Accelerates Renewable Energy Across Its Chinese Supply Chain

lululemon athletica Company Profile

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.