Robert W. Baird Cuts lululemon athletica (NASDAQ:LULU) Price Target to $140.00

lululemon athletica (NASDAQ:LULU) had its target price cut by stock analysts at Robert W. Baird from $170.00 to $140.00 in a report released on Friday,Benzinga reports. The firm currently has a “neutral” rating on the apparel retailer’s stock. Robert W. Baird’s price objective indicates a potential upside of 12.07% from the company’s current price.

LULU has been the topic of several other research reports. Telsey Advisory Group dropped their price target on shares of lululemon athletica from $215.00 to $175.00 and set a “market perform” rating on the stock in a research note on Wednesday, March 18th. Citigroup dropped their price target on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research note on Monday, March 23rd. Sanford C. Bernstein lowered their price target on lululemon athletica from $180.00 to $170.00 and set a “market perform” rating on the stock in a report on Wednesday. The Goldman Sachs Group lowered their price target on lululemon athletica from $200.00 to $184.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. Finally, BNP Paribas Exane lowered their price target on lululemon athletica from $206.00 to $170.00 and set a “neutral” rating on the stock in a report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twenty-eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $193.87.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $124.92 on Friday. lululemon athletica has a 1-year low of $116.63 and a 1-year high of $338.49. The business’s fifty day moving average price is $142.08 and its two-hundred day moving average price is $170.35. The firm has a market capitalization of $15.08 billion, a PE ratio of 9.39, a P/E/G ratio of 3.89 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results 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 14.22% and a return on equity of 34.82%. The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the business earned $2.60 earnings per share. lululemon athletica’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. Equities research analysts expect that lululemon athletica will post 12.26 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Nicole Neuburger sold 622 shares of lululemon athletica stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following the transaction, the insider directly owned 19,156 shares of the company’s stock, valued at $3,084,116. The trade was a 3.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Charles V. Bergh purchased 6,090 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was acquired at an average price of $164.20 per share, for a total transaction of $999,978.00. Following the transaction, the director owned 6,090 shares of the company’s stock, valued at $999,978. The trade was a ? increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.54% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC increased its stake in lululemon athletica by 41.8% in the 1st quarter. NewEdge Advisors LLC now owns 14,922 shares of the apparel retailer’s stock worth $2,285,000 after purchasing an additional 4,400 shares in the last quarter. Caerus Investment Advisors LLC purchased a new position in lululemon athletica in the 1st quarter worth about $294,000. Financial Solutions Advisory Group Inc. purchased a new position in lululemon athletica in the 1st quarter worth about $338,000. Asset Dedication LLC increased its stake in lululemon athletica by 15.1% in the 1st quarter. Asset Dedication LLC now owns 3,794 shares of the apparel retailer’s stock worth $581,000 after purchasing an additional 499 shares in the last quarter. Finally, Groupama Asset Managment increased its stake in lululemon athletica by 47.0% in the 1st quarter. Groupama Asset Managment now owns 1,751 shares of the apparel retailer’s stock worth $268,000 after purchasing an additional 560 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Trending Headlines about lululemon athletica

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

• Positive Sentiment: lululemon beat first-quarter expectations, reporting EPS of $1.69 versus $1.67 expected and revenue of $2.47 billion versus $2.43 billion expected, showing the business is still growing despite the slowdown. lululemon athletica inc. Announces First Quarter Fiscal 2026 Results
• Positive Sentiment: International momentum, especially in China, remains a bright spot and could partially offset weakness in North America if the trend continues. Lululemon Athletica Inc (LULU) Q1 2026 Earnings Call Highlights: Navigating Challenges with Strategic Growth in China
• Neutral Sentiment: Analysts are reworking price targets after the report, with some trimming valuations but still seeing upside from the current share price. Evercore target cut
• Neutral Sentiment: Sanford C. Bernstein also lowered its target, signaling that expectations are being recalibrated rather than collapsing outright. Bernstein target cut
• Negative Sentiment: Management cut full-year guidance to reflect weaker U.S. demand and higher pressures, which is the main reason investors are selling the stock. Lululemon cuts annual forecasts amid slowing demand in US
• Negative Sentiment: Second-quarter guidance also came in well below Wall Street expectations, reinforcing concerns that the turnaround will take longer than hoped. Lululemon cuts annual outlook and issues weak Q2 guidance
• Negative Sentiment: Reuters reported the shares fell sharply in premarket trading after the weak forecasts deepened worries about slowing U.S. demand, rising competition, and tariff-related costs. Lululemon slides as bleak forecasts deepen turnaround worries

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.