William Blair Reaffirms Outperform Rating for Lululemon Athletica (NASDAQ:LULU)

William Blair reaffirmed their outperform rating on shares of Lululemon Athletica (NASDAQ:LULU) in a report issued on Thursday,RTT News reports. William Blair also issued estimates for Lululemon Athletica’s Q1 2026 earnings at $2.60 EPS, Q2 2026 earnings at $3.59 EPS, Q3 2026 earnings at $3.20 EPS, Q4 2026 earnings at $5.85 EPS, FY2026 earnings at $15.22 EPS and FY2027 earnings at $16.92 EPS.

A number of other research analysts also recently weighed in on LULU. Raymond James restated a “market perform” rating and set a $430.00 price objective on shares of Lululemon Athletica in a research report on Friday, March 28th. JPMorgan Chase & Co. reduced their price objective on Lululemon Athletica from $437.00 to $391.00 and set an “overweight” rating for the company in a research report on Friday, March 28th. Cfra Research raised Lululemon Athletica from a “hold” rating to a “strong-buy” rating in a research report on Monday. Wells Fargo & Company reduced their price target on shares of Lululemon Athletica from $375.00 to $315.00 and set an “equal weight” rating for the company in a research report on Friday, March 28th. Finally, Needham & Company LLC dropped their price objective on shares of Lululemon Athletica from $475.00 to $430.00 and set a “buy” rating on the stock in a report on Wednesday, March 26th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $380.72.

Lululemon Athletica Stock Performance

NASDAQ:LULU opened at $255.65 on Thursday. The firm has a market cap of $31.13 billion, a P/E ratio of 18.46, a P/E/G ratio of 2.22 and a beta of 1.21. Lululemon Athletica has a fifty-two week low of $226.01 and a fifty-two week high of $423.32. The firm has a 50-day simple moving average of $356.31 and a two-hundred day simple moving average of $339.48.

Lululemon Athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, March 27th. The apparel retailer reported $6.14 earnings per share for the quarter, beating the consensus estimate of $5.85 by $0.29. The company had revenue of $3.60 billion during the quarter, compared to the consensus estimate of $3.59 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter last year, the firm earned $5.29 earnings per share. On average, equities research analysts predict that Lululemon Athletica will post 14.36 EPS for the current year.

Institutional Investors Weigh In On Lululemon Athletica

Several institutional investors have recently made changes to their positions in LULU. TCTC Holdings LLC purchased a new stake in Lululemon Athletica in the 4th quarter worth about $26,000. Anderson Financial Strategies LLC purchased a new position in shares of Lululemon Athletica during the fourth quarter valued at approximately $30,000. Kestra Investment Management LLC bought a new position in shares of Lululemon Athletica during the fourth quarter valued at approximately $32,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of Lululemon Athletica in the fourth quarter worth approximately $32,000. Finally, Asset Planning Inc bought a new stake in shares of Lululemon Athletica during the 4th quarter worth approximately $33,000. Institutional investors own 85.20% of the company’s stock.

Lululemon Athletica Company Profile

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.