lululemon athletica (NASDAQ:LULU) Hits New 1-Year Low Following Analyst Downgrade

lululemon athletica inc. (NASDAQ:LULU) reached a new 52-week low on Friday after JPMorgan Chase & Co. lowered their price target on the stock from $154.00 to $95.00. JPMorgan Chase & Co. currently has a neutral rating on the stock. lululemon athletica traded as low as $97.95 and last traded at $100.4320, with a volume of 2938685 shares trading hands. The stock had previously closed at $121.77.

Several other equities research analysts have also recently issued reports on LULU. Weiss Ratings cut lululemon athletica from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, August 24th. Jefferies Financial Group lowered their price target on lululemon athletica from $145.00 to $115.00 and set a “hold” rating for the company in a research report on Friday, June 5th. Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Evercore dropped their target price on shares of lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. Finally, Robert W. Baird reduced their price target on shares of lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock in a research 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 issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, lululemon athletica presently has an average rating of “Reduce” and an average price target of $144.96.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, Director Charles Bergh purchased 4,275 shares of lululemon athletica stock in a transaction dated Monday, June 15th. The shares were bought at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director owned 10,365 shares in the company, valued at $1,213,223.25. This represents a 70.20% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.

lululemon athletica News Summary

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

• Positive Sentiment: Second-quarter diluted EPS of $2.92 exceeded the $1.79 analyst consensus. However, the beat was substantially supported by $134.5 million in tariff refunds and related interest, which added approximately $0.86 per share. lululemon Second Quarter Fiscal 2026 Results
• Positive Sentiment: International revenue increased 4%, and lululemon repurchased $330 million of stock during the quarter, providing limited support as the company works to restore growth.
• Neutral Sentiment: Heidi O’Neill is scheduled to become CEO next week. Investors will look for her strategy on product development, marketing and the company’s response to intensifying competition. Lululemon forecast cut underscores challenge for next CEO
• Neutral Sentiment: Needham reaffirmed its “hold” rating, while BTIG maintained “neutral,” indicating that analysts remain cautious rather than broadly bullish.
• Negative Sentiment: Second-quarter revenue fell 4% year over year to $2.416 billion, below the $2.458 billion consensus estimate. Comparable sales declined 9% overall, or 10% in constant currency, while Americas revenue dropped 8%. Net income also fell to $329.2 million from $370.9 million. Lululemon stock plunges on disappointing earnings and outlook
• Negative Sentiment: Fiscal 2026 revenue guidance was reduced to $10.35 billion–$10.50 billion from $11.00 billion–$11.15 billion, and EPS guidance was cut to $9.48–$9.73. Third-quarter guidance of $0.93–$0.98 EPS and roughly $2.3 billion in revenue was also well below analyst expectations.
• Negative Sentiment: JPMorgan lowered its price target from $154 to $95 and shifted to “neutral”; Bernstein cut its target from $145 to $115 and moved to “market perform.” The target reductions reflect expectations for slower growth and pressure on the brand’s turnaround. Lululemon shares plunge after outlook cut

Hedge Funds Weigh In On lululemon athletica

Several institutional investors have recently made changes to their positions in the stock. HighTower Advisors LLC raised its position in shares of lululemon athletica by 37.0% during the 2nd quarter. HighTower Advisors LLC now owns 30,841 shares of the apparel retailer’s stock worth $3,521,000 after purchasing an additional 8,336 shares during the period. Groupe la Francaise bought a new position in lululemon athletica during the 2nd quarter worth $515,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in lululemon athletica in the second quarter worth $1,844,000. California State Teachers Retirement System increased its position 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 buying an additional 17,011,886 shares during the period. Finally, Ameritas Advisory Services LLC lifted its stake in lululemon athletica by 21.8% in the second quarter. Ameritas Advisory Services LLC now owns 21,893 shares of the apparel retailer’s stock valued at $2,500,000 after buying an additional 3,917 shares during the last quarter. 85.20% of the stock is owned by institutional investors.

lululemon athletica Stock Down 17.2%

The company has a market capitalization of $11.96 billion, a P/E ratio of 8.14, a PEG ratio of 2.50 and a beta of 0.87. The business has a 50 day simple moving average of $118.76 and a 200-day simple moving average of $136.61.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping the consensus estimate of $1.79 by $1.13. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same quarter in the prior year, the firm earned $3.10 earnings per share. The company’s quarterly revenue was down 4.3% on a year-over-year basis. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. Equities analysts forecast that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.

lululemon athletica Company Profile

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.