lululemon athletica (NASDAQ:LULU) Reaches New 12-Month Low on Analyst Downgrade

lululemon athletica inc. (NASDAQ:LULU)’s share price hit a new 52-week low during mid-day trading on Thursday after Citigroup lowered their price target on the stock from $130.00 to $117.00. Citigroup currently has a neutral rating on the stock. lululemon athletica traded as low as $97.55 and last traded at $99.72, with a volume of 9495367 shares. The stock had previously closed at $103.19.

A number of other brokerages also recently weighed in on LULU. The Goldman Sachs Group dropped their target price on lululemon athletica from $111.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. Weiss Ratings upgraded shares of lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, September 4th. Robert W. Baird lowered their price objective on shares of lululemon athletica from $140.00 to $115.00 and set a “neutral” 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. Finally, Evercore cut their target price on shares of lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, lululemon athletica has a consensus rating of “Reduce” and a consensus target price of $111.54.

Insiders Place Their Bets

In other news, Director Charles Bergh purchased 4,275 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was bought at an average cost of $117.05 per share, with a total value of $500,388.75. Following the purchase, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.54% of the stock is currently owned by insiders.

lululemon athletica News Roundup

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

• Positive Sentiment: Citigroup lowered its price target to $117 from $130 while maintaining a neutral rating, implying potential upside from the current level. However, the target cut still reflects more cautious expectations.
• Positive Sentiment: New CEO Heidi O’Neill’s leadership transition could support a strategic reset as the company works to rebuild growth in North America and China. Expert Advice for Heidi O’Neill on Her First Day as CEO of Lululemon
• Neutral Sentiment: Unusually heavy put-option activity—78,806 puts traded versus typical daily volume of 36,929—signals elevated hedging or bearish speculation, but does not by itself confirm the direction of the stock.
• Negative Sentiment: BMO Capital Markets initiated coverage with an Underperform rating and a $70 price target, citing weakening demand in the Americas and China, pressure on premium margins, and the possibility that fiscal 2027 earnings will fall well below consensus. Why Lululemon Shares Are Falling Today
• Negative Sentiment: Recent quarterly results showed revenue down roughly 4% year over year, while the company reduced its full-year outlook for the second time. Reported earnings also benefited from a one-time $134.5 million tariff refund, making underlying performance appear less robust. Lululemon Q2 2026 Earnings Call Transcript
• Negative Sentiment: Multiple law firms, including Bronstein Gewirtz & Grossman, BFA Law, Pomerantz, and Levi & Korsinsky, announced investigations or notices concerning potential investor claims. These announcements add reputational and legal uncertainty, although they do not establish wrongdoing. LULU Investor Alert

Institutional Investors Weigh In On lululemon athletica

Several large investors have recently made changes to their positions in LULU. Uniplan Investment Counsel Inc. acquired a new stake in lululemon athletica in the fourth quarter valued at approximately $26,000. Elyxium Wealth LLC acquired a new position in shares of lululemon athletica during the 4th quarter worth $31,000. Rexford Capital Inc. bought a new position in shares of lululemon athletica during the 1st quarter valued at $31,000. DV Equities LLC bought a new position in shares of lululemon athletica during the 4th quarter valued at $31,000. Finally, Gould Capital LLC bought a new position in shares of lululemon athletica during the 1st quarter valued at $32,000. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Performance

The firm’s 50 day moving average is $117.16 and its 200-day moving average is $133.76. The firm has a market cap of $11.50 billion, a price-to-earnings ratio of 7.93, a price-to-earnings-growth ratio of 2.55 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping the consensus estimate of $1.79 by $1.13. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same period in the prior year, the business posted $3.10 earnings per share. The business’s quarterly 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. As a group, research analysts predict that lululemon athletica inc. will post 8.91 EPS for the current year.

About lululemon athletica

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company’s products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.

Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.