Wells Fargo & Company Issues Pessimistic Forecast for lululemon athletica (NASDAQ:LULU) Stock Price

lululemon athletica (NASDAQ:LULU) had its price target reduced by analysts at Wells Fargo & Company from $110.00 to $105.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the apparel retailer’s stock. Wells Fargo & Company‘s price objective indicates a potential downside of 7.38% from the company’s current price.

LULU has been the subject of a number of other reports. Zacks Research downgraded lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft decreased their price target on lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a research report on Monday, June 8th. 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. BNP Paribas Exane cut shares of lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price objective for the company. in a research report on Friday, June 5th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $148.35.

lululemon athletica Trading Down 2.8%

Shares of LULU opened at $113.37 on Tuesday. lululemon athletica has a 12 month low of $104.44 and a 12 month high of $226.24. The firm’s 50 day moving average is $119.04 and its 200-day moving average is $152.10. The stock has a market capitalization of $13.45 billion, a PE ratio of 9.15, a P/E/G ratio of 3.82 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.02. The business had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company 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. Equities research analysts predict that lululemon athletica will post 10.94 earnings per share for the current fiscal year.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of lululemon athletica stock in a transaction on Monday, June 15th. The shares were purchased at an average price of $117.05 per share, with a total value of $500,388.75. Following the acquisition, the director owned 10,365 shares in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.54% of the company’s stock.

Institutional Trading of lululemon athletica

Institutional investors and hedge funds have recently modified their holdings of the business. Swiss Life Asset Management Ltd boosted its position in lululemon athletica by 53.1% in the fourth quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock valued at $14,150,000 after buying an additional 23,623 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of lululemon athletica by 46.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock worth $5,319,000 after buying an additional 8,134 shares during the last quarter. Rayburn West Financial Services LLC acquired a new position in shares of lululemon athletica during the fourth quarter worth $3,536,000. Gateway Investment Advisers LLC increased its holdings in shares of lululemon athletica by 60.0% during the fourth quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock worth $9,364,000 after buying an additional 16,901 shares in the last quarter. Finally, MUFG Securities EMEA plc increased its holdings in shares of lululemon athletica by 9,695.1% during the fourth quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock worth $42,481,000 after buying an additional 202,337 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors.

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.