lululemon athletica (NASDAQ:LULU – Free Report) had its target price reduced by Telsey Advisory Group from $215.00 to $175.00 in a report issued on Wednesday morning, Marketbeat.com reports. They currently have a market perform rating on the apparel retailer’s stock.
A number of other research firms have also commented on LULU. Robert W. Baird boosted their price objective on lululemon athletica from $195.00 to $210.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. UBS Group reduced their price objective on shares of lululemon athletica from $206.00 to $189.00 and set a “neutral” rating on the stock in a research note on Monday, March 9th. Jefferies Financial Group decreased their target price on lululemon athletica from $200.00 to $185.00 and set a “hold” rating for the company in a research report on Friday, January 30th. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a report on Friday, November 21st. Finally, JPMorgan Chase & Co. boosted their price objective on lululemon athletica from $203.00 to $209.00 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, lululemon athletica has a consensus rating of “Hold” and a consensus price target of $215.33.
Read Our Latest Stock Analysis on lululemon athletica
lululemon athletica Trading Down 1.7%
lululemon athletica (NASDAQ:LULU – Get Free Report) last announced its quarterly earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share for the quarter, beating analysts’ consensus estimates of $4.78 by $0.23. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The firm had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.59 billion. During the same period in the prior year, the business posted $6.14 earnings per share. The business’s revenue was up .0% compared to the same quarter last year. On average, analysts predict that lululemon athletica will post 14.36 earnings per share for the current year.
Institutional Trading of lululemon athletica
Hedge funds and other institutional investors have recently made changes to their positions in the company. Norges Bank bought a new stake in lululemon athletica during the fourth quarter valued at $362,598,000. Boston Partners acquired a new stake in lululemon athletica in the 4th quarter valued at $304,875,000. Vanguard Group Inc. grew its holdings in shares of lululemon athletica by 3.9% during the third quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock valued at $2,452,394,000 after buying an additional 521,915 shares during the last quarter. Invesco Ltd. boosted its stake in lululemon athletica by 28.7% during the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after purchasing an additional 490,127 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of lululemon athletica by 2,598.9% during the third quarter. Pacer Advisors Inc. now owns 475,957 shares of the apparel retailer’s stock valued at $84,687,000 after buying an additional 458,322 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors.
lululemon athletica News Summary
Here are the key news stories impacting lululemon athletica this week:
- Positive Sentiment: Q4 earnings beat and follow‑through volume — LULU reported stronger‑than‑expected Q4 EPS and saw elevated trading volume after the print, supporting the case that fundamentals aren’t collapsing. lululemon sees strong trading volume after better-than-expected earnings
- Positive Sentiment: Investor accumulation and buyback talk — some bullish commentary argues institutions are accumulating LULU and that the company could pursue aggressive buybacks, which would be supportive for the stock longer term. Lululemon’s Share Price Bottom Is In: Nowhere to Go But Up
- Positive Sentiment: Board refresh — appointment of former Levi’s CEO Chip Bergh to the board is being viewed as a governance and strategic positive amid a leadership refresh. Lululemon Adds Chip Bergh to Board Amid Refresh
- Neutral Sentiment: Contrarian / valuation commentary — several outlets argue LULU looks oversold and compare it with peers (Nike) as a potential buy if you accept near‑term execution risk; useful context but not immediate catalysts. Better Stock to Buy Right Now: Nike vs. Lululemon
- Negative Sentiment: Widespread analyst downgrades and price‑target cuts — multiple brokers cut targets and issued negative notes (Barclays to $161, Telsey to $175, Stifel $176) or published pessimistic forecasts, putting downward pressure on the stock. Barclays Lowers lululemon athletica Price Target to $161.00 Telsey Advisory Group Lowers Price Target to $175.00 Stifel Lowers Price Target to $176.00
- Negative Sentiment: Multiple bearish broker reports — JPMorgan, Truist, BNP Paribas Exane, Robert W. Baird and Wells Fargo published pessimistic notes or lowered expectations today, amplifying selling momentum. BNP Paribas Exane Issues Pessimistic Forecast Robert W. Baird Issues Pessimistic Forecast Truist Issues Pessimistic Forecast
- Negative Sentiment: Weak guidance and leadership uncertainty — management’s cautious guidance and an ongoing CEO search/proxy tensions are keeping investors wary despite the beat; this is cited in multiple commentaries as a near‑term headwind. What Lululemon needs in its next CEO
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.
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