lululemon athletica (NASDAQ:LULU) Downgraded by BNP Paribas Exane to Underperform

lululemon athletica (NASDAQ:LULU) was downgraded by equities researchers at BNP Paribas Exane from a “neutral” rating to an “underperform” rating in a report released on Friday. They currently have a $88.00 target price on the apparel retailer’s stock. BNP Paribas Exane’s price objective would suggest a potential downside of 29.55% from the stock’s current price.

A number of other research analysts also recently issued reports on LULU. Stifel Nicolaus cut their price objective on shares of lululemon athletica from $210.00 to $176.00 and set a “hold” rating on the stock in a research report on Wednesday, March 18th. Truist Financial dropped their target price on shares of lululemon athletica from $200.00 to $170.00 and set a “hold” rating on the stock in a research report on Wednesday, March 18th. UBS Group dropped their target price on shares of lululemon athletica from $176.00 to $153.00 and set a “neutral” rating on the stock in a research report on Monday. Citigroup dropped their target price on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research report on Monday, March 23rd. Finally, Sanford C. Bernstein dropped their target price on shares of lululemon athletica from $180.00 to $170.00 and set a “market perform” rating on the stock in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-eight have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, lululemon athletica has an average rating of “Hold” and a consensus target price of $189.05.

lululemon athletica Stock Performance

NASDAQ:LULU opened at $124.92 on Friday. lululemon athletica has a one year low of $116.63 and a one year high of $338.49. The firm has a market cap of $15.08 billion, a P/E ratio of 9.39, a P/E/G ratio of 3.89 and a beta of 0.87. The firm has a 50-day simple moving average of $142.08 and a 200-day simple moving average of $170.35.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter in the previous year, the firm earned $2.60 EPS. The company’s quarterly 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. On average, research analysts predict that lululemon athletica will post 12.26 EPS for the current fiscal year.

Insider Activity

In other lululemon athletica news, Director Charles V. Bergh acquired 6,090 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were acquired at an average cost of $164.20 per share, with a total value of $999,978.00. Following the acquisition, the director directly owned 6,090 shares of the company’s stock, valued at approximately $999,978. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Andre Maestrini acquired 3,275 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was acquired at an average cost of $151.02 per share, for a total transaction of $494,590.50. Following the completion of the acquisition, the chief executive officer directly owned 34,551 shares in the company, valued at approximately $5,217,892.02. The trade was a 10.47% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.54% of the company’s stock.

Institutional Trading of lululemon athletica

Several large investors have recently made changes to their positions in LULU. Brighton Jones LLC purchased a new stake in shares of lululemon athletica in the 4th quarter valued at $429,000. NewEdge Advisors LLC boosted its holdings in shares of lululemon athletica by 5.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock valued at $1,089,000 after acquiring an additional 186 shares during the last quarter. Glenview Trust co boosted its holdings in shares of lululemon athletica by 39.9% in the 2nd quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock valued at $237,000 after acquiring an additional 284 shares during the last quarter. Diversify Advisory Services LLC acquired a new position in lululemon athletica during the second quarter worth $508,000. Finally, Raymond James Financial Inc. raised its position in shares of lululemon athletica by 10.7% in the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock valued at $26,759,000 after buying an additional 10,891 shares during the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

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

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.