lululemon athletica inc. (NASDAQ:LULU) Stock Now Rated “Reduce” by Wall Street Analysts

Shares of lululemon athletica inc. (NASDAQ:LULU) have been assigned an average rating of “Reduce” from the twenty-nine ratings firms that are covering the company, MarketBeat reports. Seven analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $106.64.

LULU has been the subject of a number of recent analyst reports. Argus reaffirmed a “hold” rating on shares of lululemon athletica in a research report on Monday, September 14th. BNP Paribas Exane decreased their target price on shares of lululemon athletica from $88.00 to $44.00 and set an “underperform” rating for the company in a research note on Friday, September 4th. BTIG Research restated a “neutral” rating on shares of lululemon athletica in a report on Friday, September 4th. BMO Capital Markets assumed coverage on shares of lululemon athletica in a report on Wednesday, September 9th. They issued an “underperform” rating and a $70.00 price objective for the company. Finally, Truist Financial reaffirmed a “sell” rating and set a $82.00 price target (down from $94.00) on shares of lululemon athletica in a report on Friday, September 4th.

lululemon athletica Trading Up 0.7%

Shares of NASDAQ:LULU opened at $97.76 on Tuesday. The stock’s 50-day moving average price is $105.58 and its 200-day moving average price is $120.67. lululemon athletica has a 12-month low of $90.38 and a 12-month high of $225.98. The stock has a market capitalization of $11.32 billion, a P/E ratio of 8.01, a price-to-earnings-growth ratio of 2.31 and a beta of 0.92.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, beating the consensus estimate of $1.79 by $1.13. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter in the previous year, the company posted $3.10 earnings per share. The business’s 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 will post 9.55 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. bought a new position in lululemon athletica in the 2nd quarter worth about $1,010,565,000. Flossbach Von Storch SE purchased a new position in shares of lululemon athletica in the 2nd quarter valued at $207,392,000. Legal & General Group Plc bought a new position in lululemon athletica in the second quarter worth about $100,660,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of lululemon athletica during the 2nd quarter worth approximately $82,551,000. Finally, Deutsche Bank AG acquired a new stake in shares of lululemon athletica in the 2nd quarter worth $80,580,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

About lululemon athletica

lululemon athletica inc. is a Vancouver, British Columbia-based designer, distributor and retailer of technical athletic apparel, footwear and accessories. The company serves consumers seeking products for yoga, running, training, fitness and other active lifestyles.

Its product portfolio includes women’s and men’s apparel, sports bras, leggings, tops, shorts, outerwear, footwear, bags and related accessories. lululemon sells its products through company-operated stores, e-commerce platforms and selected other channels, while also offering community-based fitness and wellness experiences connected to its brand.

Founded in 1998 by Chip Wilson, lululemon has expanded from its roots in yoga apparel into an international athletic and lifestyle brand.