lululemon athletica (NASDAQ:LULU) Reaches New 52-Week Low on Analyst Downgrade

lululemon athletica inc. (NASDAQ:LULU)’s share price reached a new 52-week low during mid-day trading on Thursday after Citigroup lowered their price target on the stock from $130.00 to $117.00. Citigroup currently has a neutral rating on the stock. lululemon athletica traded as low as $97.55 and last traded at $99.72, with a volume of 9495367 shares trading hands. The stock had previously closed at $103.19.

A number of other equities research analysts have also issued reports on the company. Sanford C. Bernstein cut their target price on lululemon athletica from $145.00 to $115.00 and set a “market perform” rating on the stock in a research report on Friday, September 4th. BNP Paribas Exane dropped their price target on lululemon athletica from $88.00 to $44.00 and set an “underperform” rating on the stock in a research note on Friday, September 4th. Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. KeyCorp restated a “sector weight” rating on shares of lululemon athletica in a report on Friday, September 4th. Finally, JPMorgan Chase & Co. reduced their price target on shares of lululemon athletica from $154.00 to $95.00 and set a “neutral” rating for the company in a research report on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $111.54.

Insider Activity

In other news, Director Charles Bergh purchased 4,275 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average price of $117.05 per share, with a total value of $500,388.75. Following the purchase, the director owned 10,365 shares in the company, valued at $1,213,223.25. This represents a 70.20% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica News Summary

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Investor Michael Burry described lululemon as a potential “generational buying opportunity” below $100, arguing that the market may be overreacting to the company’s recent weakness. Cramer and Burry on Lululemon
• Positive Sentiment: The stock’s low valuation and decline toward its 52-week low may be attracting contrarian investors, despite concerns about slowing sales.
• Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations related to lululemon’s growth outlook and business condition. The announcements are investor solicitations and do not establish wrongdoing. LULU investor investigation
• Negative Sentiment: Analyst sentiment deteriorated: BMO initiated coverage with an Underperform rating and a $70 target, while Citigroup lowered its expectations. Analysts cited weakening demand in North America and China, margin pressure, and uncertainty around fiscal 2027. Analyst downgrades
• Negative Sentiment: The key fundamental issue remains the reduced FY2026 revenue outlook of $10.35 billion to $10.50 billion, down approximately $650 million at the midpoint, with third-quarter revenue expected to decline 10% to 11%. Revenue also fell 4% year over year in the latest quarter. LULU outlook reduction

Institutional Investors Weigh In On lululemon athletica

Large investors have recently added to or reduced their stakes in the stock. Baird Financial Group Inc. grew its position in shares of lululemon athletica by 7.4% in the second quarter. Baird Financial Group Inc. now owns 413,412 shares of the apparel retailer’s stock valued at $47,203,000 after purchasing an additional 28,643 shares during the last quarter. MUFG Securities EMEA plc lifted its position in shares of lululemon athletica by 9,695.1% during the 4th quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock worth $42,481,000 after purchasing an additional 202,337 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of lululemon athletica during the 4th quarter worth about $13,989,000. OP Asset Management Ltd bought a new stake in lululemon athletica during the 1st quarter valued at approximately $1,664,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in lululemon athletica by 25.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,054 shares of the apparel retailer’s stock valued at $8,947,000 after purchasing an additional 8,732 shares during the period. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Trading Up 2.2%

The stock has a market cap of $11.74 billion, a price-to-earnings ratio of 8.11, a price-to-earnings-growth ratio of 2.47 and a beta of 0.87. The stock has a fifty day simple moving average of $116.77 and a 200-day simple moving average of $133.51.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping the consensus estimate of $1.79 by $1.13. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same period in the previous year, the business posted $3.10 EPS. The company’s revenue for the quarter was down 4.3% on a year-over-year basis. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. Sell-side analysts forecast that lululemon athletica inc. will post 8.91 earnings per share for the current fiscal year.

About lululemon athletica

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company’s products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.

Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.