lululemon athletica (NASDAQ:LULU) Cut to “Neutral” at BTIG Research

lululemon athletica (NASDAQ:LULU) was downgraded by BTIG Research from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Friday, Marketbeat reports.

Other equities research analysts have also issued reports about the company. Telsey Advisory Group reduced their price target on lululemon athletica from $215.00 to $175.00 and set a “market perform” rating for the company in a report on Wednesday, March 18th. Bank of America reduced their price target on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a report on Friday. UBS Group reduced their price target on lululemon athletica from $176.00 to $153.00 and set a “neutral” rating for the company in a report on Monday. Jefferies Financial Group reduced their price target on lululemon athletica from $170.00 to $145.00 and set a “hold” rating for the company in a report on Tuesday, April 28th. Finally, Truist Financial reduced their price target on lululemon athletica from $200.00 to $170.00 and set a “hold” rating for the company in a report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-eight have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $189.05.

lululemon athletica Stock Down 0.9%

Shares of LULU stock opened at $124.92 on Friday. The stock has a 50-day simple moving average of $142.08 and a 200 day simple moving average of $170.35. lululemon athletica has a fifty-two week low of $116.63 and a fifty-two week high of $338.49. The stock has a market capitalization 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.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. The business had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.43 billion. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.lululemon athletica’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter last year, the company posted $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. On average, sell-side analysts anticipate that lululemon athletica will post 12.26 earnings per share for the current year.

Insider Activity at lululemon athletica

In related news, insider Nicole Neuburger sold 622 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total value of $100,142.00. Following the transaction, the insider directly owned 19,156 shares of the company’s stock, valued at approximately $3,084,116. This trade represents a 3.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Andre Maestrini acquired 3,275 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was bought at an average cost of $151.02 per share, for a total transaction of $494,590.50. Following the completion of the purchase, the chief executive officer directly owned 34,551 shares in the company, valued at $5,217,892.02. This represents a 10.47% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.54% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in lululemon athletica by 3.9% in the 3rd quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock worth $2,452,394,000 after buying an additional 521,915 shares during the period. Geode Capital Management LLC increased its position in lululemon athletica by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after buying an additional 71,464 shares during the period. Invesco Ltd. increased its position in lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after buying an additional 490,127 shares during the period. Morgan Stanley increased its position in lululemon athletica by 2.8% in the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock worth $456,592,000 after buying an additional 59,282 shares during the period. Finally, Norges Bank bought a new position in lululemon athletica in the 4th quarter worth approximately $362,598,000. 85.20% of the stock is owned by institutional investors.

Key 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.