lululemon athletica (NASDAQ:LULU) Price Target Lowered to $120.00 at UBS Group

by · The Markets Daily

lululemon athletica (NASDAQ:LULU – Get Free Report) had its target price dropped by equities research analysts at UBS Group from $124.00 to $120.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the apparel retailer’s stock. UBS Group’s price target would indicate a potential upside of 1.98% from the company’s current price.

Several other research analysts have also recently weighed in on the stock. Jefferies Financial Group decreased their price objective on shares of lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a research report on Friday, June 5th. Robert W. Baird lowered their price target on shares of lululemon athletica from $170.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Truist Financial lowered lululemon athletica from a “hold” rating to a “sell” rating and dropped their price target for the stock from $115.00 to $94.00 in a research note on Thursday, July 16th. Bank of America lowered their target price on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Finally, BTIG Research cut shares of lululemon athletica from a “buy” rating to a “neutral” rating in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, lululemon athletica currently has a consensus rating of “Reduce” and a consensus price target of $148.38.

Check Out Our Latest Stock Analysis on lululemon athletica

lululemon athletica Trading Down 4.2%

Shares of NASDAQ:LULU traded down $5.12 during midday trading on Tuesday, reaching $117.67. The company had a trading volume of 1,468,900 shares, compared to its average volume of 3,042,662. The stock has a market cap of $13.96 billion, a P/E ratio of 9.49, a P/E/G ratio of 3.97 and a beta of 0.86. lululemon athletica has a 52-week low of $104.44 and a 52-week high of $225.98. The company’s 50 day moving average price is $117.55 and its 200 day moving average price is $139.77.

lululemon athletica (NASDAQ:LULU – Get Free Report) last released its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating the consensus estimate of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the prior year, the firm earned $2.60 earnings per share. The company’s revenue was up 4.3% compared to the same quarter last year. 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. Research analysts forecast that lululemon athletica will post 10.93 EPS for the current fiscal year.

Insider Activity

In related news, Director Charles V. Bergh purchased 4,275 shares of the company’s stock in a transaction dated 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 directly owned 10,365 shares in the company, valued at $1,213,223.25. The trade was a 70.20% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LULU. California State Teachers Retirement System boosted its holdings in lululemon athletica by 10,065.8% in the second quarter. California State Teachers Retirement System now owns 17,180,893 shares of the apparel retailer’s stock worth $1,961,714,000 after purchasing an additional 17,011,886 shares during the last quarter. BlackRock Inc. bought a new position in lululemon athletica in the second quarter valued at about $1,010,565,000. Geode Capital Management LLC boosted its position in lululemon athletica by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after purchasing an additional 71,464 shares during the last quarter. Invesco Ltd. increased its position in shares of 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, Morgan Stanley lifted its stake in shares of lululemon athletica by 2.8% in the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock worth $456,592,000 after purchasing an additional 59,282 shares during the period. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Company Profile

(Get Free Report)

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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