Piper Sandler Issues Pessimistic Forecast for lululemon athletica (NASDAQ:LULU) Stock Price

lululemon athletica (NASDAQ:LULU) had its price objective cut by investment analysts at Piper Sandler from $110.00 to $80.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has a “neutral” rating on the apparel retailer’s stock. Piper Sandler’s target price points to a potential downside of 20.54% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Jefferies Financial Group dropped their price target on shares of lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a research note on Friday, June 5th. Weiss Ratings lowered shares of lululemon athletica from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, August 24th. Telsey Advisory Group dropped their target price on shares of lululemon athletica from $122.00 to $110.00 and set a “market perform” rating on the stock in a research note on Friday. Morgan Stanley dropped their target price on shares of lululemon athletica from $93.00 to $83.00 and set an “underweight” rating on the stock in a research note on Friday. Finally, Rothschild & Co Redburn cut their price target on shares of lululemon athletica from $160.00 to $110.00 and set a “sell” rating on the stock in a report on Tuesday, June 16th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, lululemon athletica currently has an average rating of “Reduce” and an average price target of $138.62.

lululemon athletica Price Performance

NASDAQ:LULU traded down $21.09 during mid-day trading on Friday, reaching $100.68. 27,841,598 shares of the company’s stock traded hands, compared to its average volume of 3,358,208. The company has a 50 day moving average price of $118.76 and a 200-day moving average price of $136.61. The firm has a market capitalization of $11.95 billion, a price-to-earnings ratio of 8.11, a PEG ratio of 2.50 and a beta of 0.87. lululemon athletica has a 12-month low of $97.99 and a 12-month high of $225.98.

lululemon athletica (NASDAQ:LULU) last posted its 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. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.46 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same period last year, the company posted $3.10 EPS. 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. As a group, analysts forecast that lululemon athletica will post 10.93 EPS for the current year.

Insider Activity

In related news, Director Charles Bergh acquired 4,275 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the acquisition, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.54% of the stock is currently owned by insiders.

Institutional Investors Weigh In On lululemon athletica

A number of hedge funds have recently added to or reduced their stakes in the stock. Uniplan Investment Counsel Inc. purchased a new position in shares of lululemon athletica in the 4th quarter worth $26,000. Elyxium Wealth LLC bought a new position in lululemon athletica in the fourth quarter valued at about $31,000. Rexford Capital Inc. purchased a new position in lululemon athletica in the first quarter worth about $31,000. DV Equities LLC purchased a new position in lululemon athletica in the fourth quarter worth about $31,000. Finally, Gould Capital LLC bought a new stake in shares of lululemon athletica during the 1st quarter valued at about $32,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica News Summary

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

• Positive Sentiment: Adjusted second-quarter EPS of $2.92 exceeded the $1.79 consensus estimate. However, the beat was substantially aided by $134.5 million in tariff refunds, which contributed approximately $0.86 to diluted EPS, making the result less indicative of underlying profitability. lululemon Q2 Earnings Beat on Tariff Refunds Despite Revenue Miss
• Positive Sentiment: The company repurchased approximately $330 million of stock during the quarter, while some investors—including Michael Burry—have viewed the selloff as a potential long-term buying opportunity. Lululemon Sinks After Second Guidance Cut
• Neutral Sentiment: Analyst views became more cautious but remained mixed. Stifel downgraded its target to $100 with a hold rating, while Bank of America, UBS, Baird and Telsey retained neutral or market-perform views with targets above the recent trading level. Lululemon’s Disappointing Sales Outlook
• Negative Sentiment: Second-quarter revenue fell 4% year over year to $2.416 billion, missing the $2.46 billion consensus estimate, while comparable sales declined 9%. Americas revenue dropped 8% and comparable sales fell 12%; China revenue also weakened, suggesting pressure in both the core market and an important international region. Lululemon Shares Tumble on Weak China, North America Sales
• Negative Sentiment: LULU reduced fiscal 2026 revenue guidance to $10.35 billion–$10.50 billion and EPS guidance to $9.48–$9.73, its second annual forecast cut this year. Third-quarter guidance also implies sharply lower revenue and EPS than analysts expected, reinforcing fears that the slowdown will persist. Lululemon Forecast Cut Hits Shares
• Negative Sentiment: Several firms cut their targets further: Morgan Stanley lowered its target to $83 and assigned underweight, Truist reduced its target to $82 and reaffirmed sell, and JPMorgan cut its target to $95. These revisions reflect concerns about traffic, uneven product acceptance, competition and weakening margins.

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.