lululemon athletica (NASDAQ:LULU) Cut to “Sell” at Truist Financial

Truist Financial downgraded shares of lululemon athletica (NASDAQ:LULU) from a hold rating to a sell rating in a report published on Thursday morning, MarketBeat Ratings reports. Truist Financial currently has $94.00 price objective on the apparel retailer’s stock, down from their previous price objective of $115.00.

Several other research analysts also recently weighed in on LULU. Daiwa Securities Group dropped their price target on lululemon athletica from $173.00 to $120.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. UBS Group cut their target price on shares of lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a research note on Sunday, June 7th. JPMorgan Chase & Co. reduced their price target on shares of lululemon athletica from $173.00 to $149.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Morgan Stanley reiterated an “underweight” rating and issued a $93.00 price target on shares of lululemon athletica in a research note on Monday, July 6th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, lululemon athletica currently has a consensus rating of “Reduce” and a consensus price target of $148.54.

lululemon athletica Price Performance

NASDAQ:LULU opened at $116.33 on Thursday. lululemon athletica has a one year low of $104.44 and a one year high of $233.00. The business has a fifty day moving average price of $119.56 and a 200-day moving average price of $154.47. The firm has a market capitalization of $13.80 billion, a price-to-earnings ratio of 9.39, a price-to-earnings-growth ratio of 3.76 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 31.26% and a net margin of 13.03%.lululemon athletica’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business earned $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. On average, equities research analysts expect that lululemon athletica will post 10.94 earnings per share for the current fiscal year.

Insider Activity at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of lululemon athletica stock in a transaction dated Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following 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 position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 0.54% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of LULU. Davis Investment Partners LLC increased its stake 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 buying an additional 58 shares during the period. NorthRock Partners LLC boosted 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 buying an additional 62 shares during the period. Murphy & Mullick Capital Management Corp grew its stake in shares of lululemon athletica by 4.3% in the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock worth $242,000 after acquiring an additional 65 shares in the last quarter. IHT Wealth Management LLC grew its stake in shares of lululemon athletica by 1.7% in the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock worth $1,016,000 after acquiring an additional 73 shares in the last quarter. Finally, Capital Advisors Ltd. LLC raised its stake in shares of lululemon athletica by 27.4% in the fourth quarter. Capital Advisors Ltd. LLC now owns 363 shares of the apparel retailer’s stock valued at $75,000 after acquiring an additional 78 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.

Key Headlines Impacting lululemon athletica

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

• Positive Sentiment: Lululemon continues to expand its supply-chain footprint, opening a new distribution center in Ontario/Brampton and highlighting ongoing logistics investment that could support growth and inventory efficiency. EXEC: Lululemon Opens Massive Distribution Center in Ontario
• Positive Sentiment: The company also backed French recycling startup Syntetica in a $30 million Series A round, reinforcing its sustainability push and brand positioning with consumers and investors. Lululemon backs nylon recycling startup Syntetica in $30M Series A
• Neutral Sentiment: Separately, coverage noted Lululemon outperformed the broader market in the latest session, but this was mostly a market-relative move rather than a new company-specific catalyst. Lululemon (LULU) Ascends While Market Falls: Some Facts to Note
• Negative Sentiment: Truist downgraded lululemon athletica inc. (NASDAQ: LULU) to Sell from Hold and cut its price target to $94 from $115, citing structural headwinds, weakening card spending, softer brand momentum, and rising competition. Truist cuts Lululemon to sell, sees structural headwinds and nearly 20% downside

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.