Bank of America Cuts lululemon athletica (NASDAQ:LULU) Price Target to $140.00

lululemon athletica (NASDAQ:LULU) had its price target reduced by research analysts at Bank of America from $175.00 to $140.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the apparel retailer’s stock. Bank of America‘s price objective would suggest a potential upside of 12.07% from the stock’s previous close.

Other research analysts have also issued reports about the stock. BNP Paribas Exane reduced their price objective on shares of lululemon athletica from $206.00 to $170.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. Robert W. Baird reduced their price objective on shares of lululemon athletica from $190.00 to $170.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Weiss Ratings lowered shares of lululemon athletica from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, March 31st. Piper Sandler cut their price target on shares of lululemon athletica from $190.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, May 22nd. Finally, BTIG Research reissued a “buy” rating and issued a $225.00 price target on shares of lululemon athletica in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twenty-eight have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, lululemon athletica currently has an average rating of “Hold” and an average target price of $194.95.

lululemon athletica Stock Down 0.9%

Shares of LULU stock opened at $124.92 on Friday. The company has a 50 day moving average of $142.08 and a 200-day moving average of $170.35. lululemon athletica has a 12-month low of $116.63 and a 12-month high of $338.49. The firm has a market cap of $15.08 billion, a P/E ratio of 9.39, a PEG ratio of 3.89 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the business posted $2.60 EPS. lululemon athletica’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. As a group, equities analysts expect that lululemon athletica will post 12.26 EPS for the current year.

Insider Transactions at lululemon athletica

In other news, insider Nicole Neuburger sold 622 shares of lululemon athletica stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the sale, the insider directly owned 19,156 shares of the company’s stock, valued at approximately $3,084,116. The trade was a 3.14% decrease in their position. The transaction was disclosed in a legal filing 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 shares were bought at an average cost of $151.02 per share, with a total value of $494,590.50. Following the completion of the acquisition, the chief executive officer directly owned 34,551 shares in the company, valued at $5,217,892.02. The trade was a 10.47% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.54% of the stock is currently owned by insiders.

Institutional Trading of lululemon athletica

A number of hedge funds have recently made changes to their positions in LULU. Swiss Life Asset Management Ltd increased its stake in shares of lululemon athletica by 53.1% during the fourth quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock valued at $14,150,000 after purchasing an additional 23,623 shares in the last quarter. Oppenheimer Asset Management Inc. increased its stake in shares of lululemon athletica by 46.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock valued at $5,319,000 after purchasing an additional 8,134 shares in the last quarter. Rayburn West Financial Services LLC bought a new position in shares of lululemon athletica during the fourth quarter valued at approximately $3,536,000. Gateway Investment Advisers LLC increased its stake in shares of lululemon athletica by 60.0% during the fourth quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock valued at $9,364,000 after purchasing an additional 16,901 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. increased its stake in shares of lululemon athletica by 70.0% during the third quarter. Pekin Hardy Strauss Inc. now owns 46,712 shares of the apparel retailer’s stock valued at $8,311,000 after purchasing an additional 19,240 shares in the last quarter. 85.20% of the stock is owned by institutional investors.

More lululemon athletica News

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.