BNP Paribas Exane Cuts lululemon athletica (NASDAQ:LULU) Price Target to $44.00

lululemon athletica (NASDAQ:LULU) had its target price reduced by BNP Paribas Exane from $88.00 to $44.00 in a report published on Friday morning,Benzinga reports. BNP Paribas Exane currently has an underperform rating on the apparel retailer’s stock.

Other equities analysts have also issued research reports about the stock. Piper Sandler cut their price target on shares of lululemon athletica from $110.00 to $80.00 and set a “neutral” rating on the stock in a report on Friday. Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. The Goldman Sachs Group lowered their target price on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Jefferies Financial Group cut their target price on lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a report on Friday, June 5th. Finally, Robert W. Baird reduced their price target on lululemon athletica from $140.00 to $115.00 and set a “neutral” rating on the stock in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $116.46.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $100.61 on Friday. The company has a 50 day simple moving average of $118.42 and a 200 day simple moving average of $136.08. The firm has a market cap of $11.94 billion, a PE ratio of 8.24, a price-to-earnings-growth ratio of 2.05 and a beta of 0.87. lululemon athletica has a 1 year low of $97.99 and a 1 year high of $225.98.

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 business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same period last year, the company earned $3.10 EPS. The firm’s revenue was down 4.3% compared to the same quarter last year. 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 anticipate that lululemon athletica will post 11.14 earnings per share for the current fiscal year.

Insider Buying and Selling at lululemon athletica

In other news, Director Charles Bergh bought 4,275 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the acquisition, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.54% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System grew its holdings in 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 worth $1,961,714,000 after purchasing an additional 17,011,886 shares during the period. BlackRock Inc. bought a new stake in lululemon athletica in the second quarter valued at $1,010,565,000. Flossbach Von Storch SE acquired a new position in shares of lululemon athletica during the second quarter valued at about $207,392,000. Norges Bank acquired a new position in shares of lululemon athletica during the fourth quarter valued at about $362,598,000. Finally, Boston Partners acquired a new position in shares of lululemon athletica during the fourth quarter valued at about $304,875,000. 85.20% of the stock is owned by institutional investors.

Key Headlines Impacting lululemon athletica

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.