lululemon athletica (NASDAQ:LULU) Reaches New 1-Year Low – What’s Next?

lululemon athletica inc. (NASDAQ:LULU) reached a new 52-week low on Friday. The stock traded as low as $94.34 and last traded at $95.4570, with a volume of 840788 shares. The stock had previously closed at $95.86.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on LULU. Freedom Capital raised lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. BNP Paribas Exane cut their price objective on lululemon athletica from $88.00 to $44.00 and set an “underperform” rating for the company in a research report on Friday, September 4th. Morgan Stanley reduced their price objective on lululemon athletica from $93.00 to $83.00 and set an “underweight” rating on the stock in a research note on Friday, September 4th. Robert W. Baird reduced their price objective on lululemon athletica from $140.00 to $115.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. Finally, Wells Fargo & Company decreased their target price on lululemon athletica from $105.00 to $95.00 and set an “equal weight” rating on the stock in a 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 seven have assigned a Sell rating to the company. Based on data from MarketBeat.com, lululemon athletica has an average rating of “Reduce” and a consensus price target of $106.86.

lululemon athletica Stock Performance

The firm’s 50-day moving average price is $112.06 and its 200 day moving average price is $125.99. The company has a market cap of $11.02 billion, a price-to-earnings ratio of 7.80, a PEG ratio of 2.29 and a beta of 0.93.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, beating the consensus estimate of $1.79 by $1.13. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the business posted $3.10 earnings per share. lululemon athletica’s revenue was down 4.3% compared to the same quarter last year. 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. As a group, equities research analysts predict that lululemon athletica inc. will post 9.55 EPS for the current fiscal year.

Institutional Trading of lululemon athletica

A number of institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in lululemon athletica during the 2nd quarter worth $1,010,565,000. Flossbach Von Storch SE acquired a new stake in shares of lululemon athletica in the second quarter valued at approximately $207,392,000. Boston Partners bought a new stake in lululemon athletica during the 4th quarter worth about $304,875,000. Goldman Sachs Group Inc. boosted its stake in shares of lululemon athletica by 77.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer’s stock worth $203,457,000 after buying an additional 426,860 shares during the last quarter. Finally, Legal & General Group Plc acquired a new stake in shares of lululemon athletica in the second quarter valued at about $100,660,000. 85.20% of the stock is owned by institutional investors.

About lululemon athletica

lululemon athletica inc. is a Canada-based athletic apparel, footwear and accessories company known for products designed for yoga, running, training, tennis and other active pursuits. Its offerings include leggings, shorts, tops, jackets, sports bras, footwear, bags and related accessories for women and men.

Founded in Vancouver, British Columbia, in 1998, lululemon began as a yoga-focused apparel retailer and has expanded into a broader global athletic and lifestyle brand. The company sells products through its own retail stores, e-commerce platforms and selected wholesale channels.

lululemon serves customers across North America, Asia-Pacific, Europe and other international markets.