lululemon athletica (NASDAQ:LULU) Sets New 52-Week Low After Analyst Downgrade

lululemon athletica inc. (NASDAQ:LULU) shares hit a new 52-week low during trading on Saturday after BofA lowered their price target on the stock from $175.00 to $140.00. BofA currently has a neutral rating on the stock. lululemon athletica traded as low as $109.36 and last traded at $114.23, with a volume of 16174800 shares traded. The stock had previously closed at $124.92.

LULU has been the topic of a number of other reports. JPMorgan Chase & Co. dropped their price target on lululemon athletica from $173.00 to $149.00 and set a “neutral” rating on the stock in a research report on Friday. Piper Sandler reduced their price objective on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a research note on Friday. The Goldman Sachs Group reduced their price objective on shares of lululemon athletica from $177.00 to $122.00 and set a “neutral” rating for the company in a research note on Friday. Citigroup reduced their price objective on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a research note on Monday, March 23rd. Finally, Evercore reduced their price objective on shares of lululemon athletica from $175.00 to $130.00 in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-eight have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $165.13.

Insider Activity

In related news, CEO Andre Maestrini purchased 3,275 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were purchased at an average price of $151.02 per share, with a total value of $494,590.50. Following the acquisition, the chief executive officer directly owned 34,551 shares in the company, valued at $5,217,892.02. The trade was a 10.47% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Charles V. Bergh purchased 6,090 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were bought at an average cost of $164.20 per share, for a total transaction of $999,978.00. Following the acquisition, the director owned 6,090 shares in the company, valued at approximately $999,978. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.54% of the company’s stock.

Key lululemon athletica News

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

• Positive Sentiment: lululemon posted first-quarter EPS of $1.69 and revenue of $2.47 billion, both slightly ahead of Wall Street estimates, showing the business is still generating profits and growing revenue overall.
• Positive Sentiment: Management said international growth remains a bright spot, with China and other overseas markets helping offset some of the weakness in North America.
• Neutral Sentiment: Several analysts reiterated neutral/hold views while cutting price targets, signaling that expectations have been reset but not all firms are calling for a deeper selloff.
• Neutral Sentiment: New commentary suggests valuation may now look more attractive after the sharp drop, but investors are waiting for proof that the turnaround is working.
• Negative Sentiment: lululemon cut its FY2026 revenue and profit guidance and issued weaker-than-expected Q2 guidance, citing ongoing headwinds, tariff costs, markdown pressure, and softer traffic.
• Negative Sentiment: Multiple brokerages lowered targets on LULU, including BofA, JPMorgan, Barclays, Wells Fargo, Piper Sandler, and others, with some downgrading the stock to hold/neutral or underperform.
• Negative Sentiment: Articles cited fading brand momentum, product misfires, and negative social/media commentary, reinforcing concerns that lululemon’s core U.S. business is losing steam ahead of the incoming CEO transition.

Institutional Trading of lululemon athletica

A number of institutional investors have recently made changes to their positions in LULU. Brighton Jones LLC purchased a new stake in shares of lululemon athletica during the 4th quarter valued at about $429,000. NewEdge Advisors LLC boosted its holdings in shares of lululemon athletica by 5.1% in the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock worth $1,089,000 after buying an additional 186 shares during the last quarter. Glenview Trust co boosted its holdings in shares of lululemon athletica by 39.9% in the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock worth $237,000 after buying an additional 284 shares during the last quarter. Diversify Advisory Services LLC purchased a new position in shares of lululemon athletica in the second quarter worth approximately $508,000. Finally, Raymond James Financial Inc. boosted its holdings in shares of lululemon athletica by 10.7% in the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock worth $26,759,000 after buying an additional 10,891 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Down 8.6%

The company has a market cap of $13.79 billion, a PE ratio of 9.22, a P/E/G ratio of 3.85 and a beta of 0.87. The business’s fifty day moving average is $141.19 and its 200-day moving average is $169.96.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.61%. The firm’s revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm posted $2.60 earnings per share. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. Analysts forecast that lululemon athletica inc. will post 12.26 EPS for the current fiscal year.

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.