lululemon athletica’s (LULU) Sell Rating Reiterated at Truist Financial

Truist Financial reiterated their sell rating on shares of lululemon athletica (NASDAQ:LULU) in a research report sent to investors on Friday,Benzinga reports. Truist Financial currently has a $82.00 price target on the apparel retailer’s stock, down from their prior price target of $94.00.

Several other research analysts have also issued reports on LULU. Evercore reduced their target price on lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. Sanford C. Bernstein lowered their price target on lululemon athletica from $145.00 to $115.00 and set a “market perform” rating for the company in a report on Friday. Telsey Advisory Group dropped their price target on lululemon athletica from $122.00 to $110.00 and set a “market perform” rating on the stock in a research note on Friday. The Goldman Sachs Group cut their price objective on shares of lululemon athletica from $177.00 to $122.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Finally, Wells Fargo & Company decreased their price objective on shares of lululemon athletica from $105.00 to $95.00 and set an “equal weight” rating for the company in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $116.46.

lululemon athletica Stock Performance

NASDAQ LULU opened at $100.61 on Friday. The firm’s fifty day simple moving average is $118.42 and its two-hundred day simple moving average is $136.08. lululemon athletica has a 12-month low of $97.99 and a 12-month high of $225.98. The firm has a market capitalization of $11.94 billion, a P/E ratio of 8.24, a P/E/G 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, beating 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 for the quarter was down 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. As a group, sell-side analysts predict that lululemon athletica will post 11.14 earnings per share for the current fiscal year.

Insider Transactions at lululemon athletica

In other lululemon athletica news, Director Charles Bergh purchased 4,275 shares of the stock in a transaction on Monday, June 15th. The shares were bought at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the acquisition, the director owned 10,365 shares in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.54% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On lululemon athletica

Institutional investors have recently modified their holdings of the stock. Swiss Life Asset Management Ltd grew its holdings in lululemon athletica by 53.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock valued at $14,150,000 after buying an additional 23,623 shares in the last quarter. Rayburn West Financial Services LLC purchased a new position in shares of lululemon athletica during the 4th quarter worth $3,536,000. Gateway Investment Advisers LLC raised its holdings in shares of lululemon athletica by 60.0% during the 4th 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 during the period. MUFG Securities EMEA plc boosted its position in shares of lululemon athletica by 9,695.1% during the 4th quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock valued at $42,481,000 after acquiring an additional 202,337 shares during the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of lululemon athletica during the 4th quarter valued at about $13,989,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

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.