Citigroup Cuts lululemon athletica (NASDAQ:LULU) Price Target to $185.00

lululemon athletica (NASDAQ:LULU) had its price objective lowered by Citigroup from $210.00 to $185.00 in a report published on Monday,Benzinga reports. The brokerage currently has a neutral rating on the apparel retailer’s stock.

LULU has been the topic of a number of other reports. Truist Financial reduced their price objective on shares of lululemon athletica from $200.00 to $170.00 and set a “hold” rating on the stock in a research note on Wednesday, March 18th. JPMorgan Chase & Co. dropped their target price on shares of lululemon athletica from $209.00 to $196.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th. Evercore upped their price target on shares of lululemon athletica from $180.00 to $215.00 in a report on Friday, December 12th. Guggenheim started coverage on shares of lululemon athletica in a research report on Wednesday, December 10th. They set a “neutral” rating on the stock. Finally, The Goldman Sachs Group decreased their price objective on shares of lululemon athletica from $200.00 to $184.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 11th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $214.47.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $158.72 on Monday. The business has a fifty day moving average price of $176.52 and a two-hundred day moving average price of $180.36. The stock has a market capitalization of $18.62 billion, a PE ratio of 11.93, a P/E/G ratio of 4.94 and a beta of 1.00. lululemon athletica has a fifty-two week low of $156.64 and a fifty-two week high of $348.50.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.78 by $0.23. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The company had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.59 billion. During the same period in the prior year, the firm posted $6.14 EPS. lululemon athletica’s quarterly revenue was up .0% on a year-over-year basis. On average, equities analysts expect that lululemon athletica will post 14.36 EPS for the current year.

Insider Transactions at lululemon athletica

In other news, Director Charles V. Bergh bought 6,090 shares of the stock in a transaction on Friday, March 20th. The stock was acquired at an average price of $164.20 per share, with a total value of $999,978.00. Following the acquisition, the director directly owned 6,090 shares in the company, valued at approximately $999,978. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is currently owned by insiders.

Institutional Trading of lululemon athletica

Several hedge funds and other institutional investors have recently made changes to their positions in LULU. MGO One Seven LLC raised its holdings in lululemon athletica by 4.5% in the 3rd quarter. MGO One Seven LLC now owns 1,340 shares of the apparel retailer’s stock valued at $238,000 after buying an additional 58 shares during the last quarter. Davis Investment Partners LLC grew its holdings in lululemon athletica by 2.9% during the 4th quarter. Davis Investment Partners LLC now owns 2,064 shares of the apparel retailer’s stock worth $435,000 after acquiring an additional 58 shares during the last quarter. Greenleaf Trust increased its position in lululemon athletica by 2.7% in the 3rd quarter. Greenleaf Trust now owns 2,319 shares of the apparel retailer’s stock valued at $413,000 after acquiring an additional 62 shares during the period. NorthRock Partners LLC increased its position in lululemon athletica by 4.2% in the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock valued at $276,000 after acquiring an additional 62 shares during the period. Finally, Cornerstone Planning Group LLC raised its stake in shares of lululemon athletica by 81.9% during the third quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock valued at $25,000 after acquiring an additional 68 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors.

Key Stories Impacting lululemon athletica

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

• Positive Sentiment: Director insider purchase: Board director Charles Bergh bought 6,090 shares (~$1.0M), a vote of confidence from management that can reassure investors and support near‑term demand for the shares. Charles Bergh Acquires 6,090 Shares
• Positive Sentiment: Sustainability/innovation move: Lululemon is backing/working with Epoch Biodesign on enzymatic plastic recycling — a potentially material ESG and supply‑chain initiative that could lower raw‑material costs and improve brand positioning over time. Lululemon bets Epoch Biodesign
• Positive Sentiment: Board refresh: Coverage of the board refresh and the addition of retail veteran Chip Bergh underscores governance and strategic changes aimed at international growth and merchandising execution — a constructive governance development for medium‑term valuation. Lululemon Board Refresh With Chip Bergh
• Neutral Sentiment: Short‑interest reports appear unreliable: Multiple short‑interest posts show zeros/NaN, suggesting the data feed is erroneous — not a meaningful signal for days‑to‑cover at this time.
• Neutral Sentiment: Analyst focus & earnings call follow‑ups: Articles highlight key Q4 questions (tariffs, markdowns, product cadence) and recommend tracking international sales — these nuances drive modeling risk/reward but are not immediate catalysts. Analyst Questions From Q4 Call
• Neutral Sentiment: Research/feature pieces: Zacks and other outlets flag LULU as a “trending” or deeply discounted turnaround idea — sets investor debate between value upside vs. execution risk. Lululemon Is a Trending Stock
• Negative Sentiment: Analyst downgrade/target cut: Citigroup issued a pessimistic view/trimmed targets, reducing analyst‑driven upside and increasing near‑term selling pressure from cautious investors. Citigroup Issues Pessimistic Forecast
• Negative Sentiment: Sensational sell‑side coverage: A headline claims a ~50% plunge tied to a board director investment — such stories amplify volatility and can trigger stop‑loss selling even if underlying facts are mixed; monitor official filings and SEC disclosures. Lululemon Stock Plummets 50%

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.