lululemon athletica (NASDAQ:LULU) Price Target Raised to $154.00

lululemon athletica (NASDAQ:LULU) had its target price upped by JPMorgan Chase & Co. from $149.00 to $154.00 in a research note published on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the apparel retailer’s stock.

LULU has been the topic of several other reports. Bank of America decreased their price objective on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Piper Sandler cut their target price on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Stifel Nicolaus reduced their target price on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating for the company in a report on Friday, June 5th. Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a research note on Friday, June 5th. Finally, Wells Fargo & Company lowered their price target on shares of lululemon athletica from $110.00 to $105.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 21st. One 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 given a Sell rating to the stock. According to data from MarketBeat, lululemon athletica presently has a consensus rating of “Reduce” and an average target price of $148.54.

lululemon athletica Trading Up 1.0%

Shares of NASDAQ LULU opened at $124.73 on Tuesday. lululemon athletica has a 12 month low of $104.44 and a 12 month high of $225.98. The stock has a 50 day moving average of $117.83 and a 200-day moving average of $145.18. The company has a market capitalization of $14.80 billion, a P/E ratio of 10.07, a P/E/G ratio of 4.05 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same period in the previous year, the firm earned $2.60 EPS. The firm’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. Analysts predict that lululemon athletica will post 10.94 EPS for the current fiscal year.

Insider Buying and Selling at lululemon athletica

In related news, Director Charles V. Bergh purchased 4,275 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the purchase, the director owned 10,365 shares in the company, valued at approximately $1,213,223.25. This represents a 70.20% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On lululemon athletica

A number of hedge funds have recently added to or reduced their stakes in LULU. Swiss Life Asset Management Ltd boosted its holdings in shares of lululemon athletica by 53.1% during the 4th quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock valued at $14,150,000 after acquiring an additional 23,623 shares in the last quarter. Oppenheimer Asset Management Inc. increased its holdings in lululemon athletica by 46.6% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock worth $5,319,000 after purchasing an additional 8,134 shares in the last quarter. Rayburn West Financial Services LLC bought a new position in lululemon athletica in the fourth quarter valued at about $3,536,000. Gateway Investment Advisers LLC raised its position in lululemon athletica by 60.0% in 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 during the last quarter. Finally, MUFG Securities EMEA plc boosted its stake in shares of lululemon athletica by 9,695.1% during the fourth quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock valued at $42,481,000 after purchasing an additional 202,337 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.

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.