lululemon athletica (NASDAQ:LULU) Now Covered by BMO Capital Markets

BMO Capital Markets assumed coverage on shares of lululemon athletica (NASDAQ:LULU) in a research report issued on Wednesday, Benzinga reports. The firm set an “underperform” rating and a $70.00 price target on the apparel retailer’s stock. BMO Capital Markets’ target price indicates a potential downside of 32.16% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Telsey Advisory Group decreased their price objective on shares of lululemon athletica from $122.00 to $110.00 and set a “market perform” rating for the company in a research report on Friday, September 4th. Stifel Nicolaus cut their target price on lululemon athletica from $134.00 to $100.00 and set a “hold” rating on the stock in a research report on Friday, September 4th. Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a research note on Friday, September 4th. Weiss Ratings upgraded shares of lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday. Finally, BNP Paribas Exane cut their price target on shares of lululemon athletica from $88.00 to $44.00 and set an “underperform” rating on the stock in a report on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat, lululemon athletica presently has an average rating of “Reduce” and an average price target of $114.60.

lululemon athletica Trading Up 2.6%

NASDAQ:LULU opened at $103.19 on Wednesday. The firm’s fifty day simple moving average is $117.93 and its 200 day simple moving average is $134.98. lululemon athletica has a twelve month low of $97.99 and a twelve month high of $225.98. The firm has a market capitalization of $12.25 billion, a price-to-earnings ratio of 8.45, a PEG ratio of 2.05 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $1.13. The company had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.46 billion. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The firm’s quarterly revenue was down 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.10 earnings per share. 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 news, Director Charles Bergh acquired 4,275 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were purchased 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 in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.54% of the stock is currently owned by company insiders.

Institutional Trading of lululemon athletica

Hedge funds have recently added to or reduced their stakes in the business. California State Teachers Retirement System boosted its holdings in shares of lululemon athletica by 10,065.8% in the second quarter. California State Teachers Retirement System now owns 17,180,893 shares of the apparel retailer’s stock valued at $1,961,714,000 after acquiring an additional 17,011,886 shares in the last quarter. BlackRock Inc. acquired a new stake in lululemon athletica during the second quarter valued at approximately $1,010,565,000. Geode Capital Management LLC increased its holdings in shares of lululemon athletica by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock valued at $631,526,000 after buying an additional 71,464 shares in the last quarter. Invesco Ltd. raised its position in shares of 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, Morgan Stanley increased its stake in lululemon athletica by 2.8% in the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock worth $456,592,000 after purchasing an additional 59,282 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.

Key Stories Impacting lululemon athletica

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

• Positive Sentiment: Investor Michael Burry reportedly added or maintained a bullish position in lululemon, viewing the heavily beaten-down stock as a contrarian opportunity. His involvement may provide some support, although it does not change the company’s underlying fundamentals. Michael Burry calls Lululemon his portfolio trickster
• Neutral Sentiment: Heidi O’Neill has taken over as CEO and is expected to focus on restoring brand momentum, improving product launches and rebuilding traffic in North America and China. The leadership change could eventually help, but investors expect a lengthy turnaround. Lululemon’s New CEO Inherits a 52% Stock Collapse
• Negative Sentiment: Recent quarterly results showed revenue down 4% year over year to roughly $2.4 billion, while comparable sales declined 9%. Americas sales and traffic were particularly weak, with management citing negative social-media commentary and weaker brand sentiment.
• Negative Sentiment: Management cut fiscal 2026 guidance again. Analysts highlighted expected third-quarter revenue declines of approximately 10%–11% and a roughly 34% reduction in full-year EPS guidance at the midpoint, excluding the benefit of a tariff refund. Underlying gross margins and operating leverage also weakened after adjusting for that one-time benefit. lululemon: From Bad To Worse
• Negative Sentiment: Analysts have lowered price targets and maintained bearish ratings, citing competition, weak product momentum, tariff pressure and the risk that O’Neill’s turnaround will take longer than expected. JPMorgan resets Lululemon stock price target
• Negative Sentiment: Pomerantz LLP and other law firms announced investigations or shareholder solicitations concerning potential investor claims and alleged fiduciary-duty issues. These announcements do not establish wrongdoing, but they add reputational and legal overhang. Pomerantz investor alert

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.