Wells Fargo & Company Issues Pessimistic Forecast for lululemon athletica (NASDAQ:LULU) Stock Price

lululemon athletica (NASDAQ:LULU) had its target price dropped by stock analysts at Wells Fargo & Company from $110.00 to $105.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the apparel retailer’s stock. Wells Fargo & Company‘s price target would suggest a potential downside of 9.69% from the company’s current price.

Several other equities analysts have also issued reports on the stock. Telsey Advisory Group cut their price target on shares of lululemon athletica from $175.00 to $122.00 and set a “market perform” rating on the stock in a report on Friday, June 5th. Stifel Nicolaus decreased their price objective on lululemon athletica from $176.00 to $134.00 and set a “hold” rating for the company in a report on Friday, June 5th. Freedom Capital raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Rothschild & Co Redburn dropped their target price on lululemon athletica from $160.00 to $110.00 and set a “sell” rating on the stock in a research note on Tuesday, June 16th. Finally, Barclays reduced their target price on lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating on the stock in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have assigned a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica presently has a consensus rating of “Reduce” and a consensus price target of $148.35.

lululemon athletica Price Performance

Shares of LULU stock traded down $0.41 during mid-day trading on Tuesday, hitting $116.26. 1,201,093 shares of the stock traded hands, compared to its average volume of 3,123,878. The stock has a market cap of $13.80 billion, a P/E ratio of 9.39, a P/E/G ratio of 3.81 and a beta of 0.88. The stock’s fifty day moving average is $119.36 and its two-hundred day moving average is $153.40. lululemon athletica has a 52-week low of $104.44 and a 52-week high of $226.24.

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. The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.60 EPS. 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 forecast that lululemon athletica will post 10.94 EPS for the current fiscal year.

Insider Transactions at lululemon athletica

In other news, Director Charles V. Bergh purchased 4,275 shares of the stock in a transaction on Monday, June 15th. The stock was bought at an average price of $117.05 per share, with a total value of $500,388.75. Following the transaction, the director owned 10,365 shares in the company, valued at $1,213,223.25. The trade was a 70.20% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.54% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LULU. Integrated Financial Solutions Inc. purchased a new stake in lululemon athletica in the fourth quarter valued at approximately $26,000. Uniplan Investment Counsel Inc. acquired a new stake in lululemon athletica during the 4th quarter valued at approximately $26,000. Elyxium Wealth LLC acquired a new stake in lululemon athletica during the 4th quarter valued at approximately $31,000. Rexford Capital Inc. purchased a new stake in shares of lululemon athletica in the 1st quarter valued at $31,000. Finally, DV Equities LLC purchased a new stake in shares of lululemon athletica in the 4th quarter valued at $31,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

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.