The Goldman Sachs Group Cuts lululemon athletica (NASDAQ:LULU) Price Target to $122.00

lululemon athletica (NASDAQ:LULU) had its price objective lowered by equities research analysts at The Goldman Sachs Group from $177.00 to $122.00 in a research note issued on Friday,MarketScreener reports. The brokerage currently has a “neutral” rating on the apparel retailer’s stock. The Goldman Sachs Group’s price objective suggests a potential downside of 2.34% from the company’s current price.

Several other research analysts also recently commented on the company. UBS Group reduced their price objective on lululemon athletica from $176.00 to $153.00 and set a “neutral” rating for the company in a research note on Monday. Piper Sandler dropped their target price on shares of lululemon athletica from $190.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, May 22nd. Barclays reduced their target price on shares of lululemon athletica from $203.00 to $161.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 18th. Weiss Ratings downgraded shares of lululemon athletica from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, March 31st. Finally, Bank of America lowered their price target on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-eight have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, lululemon athletica presently has a consensus rating of “Hold” and an average price target of $179.55.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $124.92 on Friday. The stock has a market capitalization of $15.08 billion, a price-to-earnings ratio of 9.39, a PEG ratio of 3.89 and a beta of 0.87. The firm’s 50 day simple moving average is $142.08 and its 200-day simple moving average is $170.35. lululemon athletica has a 12 month low of $116.63 and a 12 month high of $338.49.

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, topping analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The company had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the prior year, the firm posted $2.60 EPS. lululemon athletica’s quarterly 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 anticipate that lululemon athletica will post 12.26 earnings per share for the current fiscal year.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 622 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total value of $100,142.00. Following the completion of the transaction, the insider owned 19,156 shares of the company’s stock, valued at $3,084,116. This trade represents a 3.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Charles V. Bergh bought 6,090 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average cost of $164.20 per share, with a total value of $999,978.00. Following the completion of the purchase, the director directly owned 6,090 shares in the company, valued at $999,978. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On lululemon athletica

Several large investors have recently bought and sold shares of the business. NewEdge Advisors LLC increased its holdings in shares of lululemon athletica by 41.8% in the 1st quarter. NewEdge Advisors LLC now owns 14,922 shares of the apparel retailer’s stock valued at $2,285,000 after acquiring an additional 4,400 shares during the last quarter. Caerus Investment Advisors LLC acquired a new position in lululemon athletica in the first quarter valued at approximately $294,000. Financial Solutions Advisory Group Inc. acquired a new position in lululemon athletica in the first quarter valued at approximately $338,000. Asset Dedication LLC increased its stake in lululemon athletica by 15.1% in the first quarter. Asset Dedication LLC now owns 3,794 shares of the apparel retailer’s stock valued at $581,000 after purchasing an additional 499 shares during the last quarter. Finally, Groupama Asset Managment increased its stake in lululemon athletica by 47.0% in the first quarter. Groupama Asset Managment now owns 1,751 shares of the apparel retailer’s stock valued at $268,000 after purchasing an additional 560 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica News Summary

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

• Positive Sentiment: LULU beat Q1 EPS and revenue estimates, showing the business is still growing, and China remains a potential growth area. lululemon athletica inc. Announces First Quarter Fiscal 2026 Results
• Positive Sentiment: Some analysts still see upside from current levels, with several targets reduced but still above the stock price, suggesting valuation may now be more attractive after the selloff. lululemon athletica stock page
• Neutral Sentiment: Bank of America and Robert W. Baird both lowered price targets but kept neutral ratings, reinforcing a wait-and-see view rather than a strong bearish call.
• Neutral Sentiment: Needham reaffirmed a hold rating, indicating analysts are increasingly cautious but not uniformly negative.
• Negative Sentiment: lululemon reduced FY2026 revenue and earnings guidance, with full-year sales now expected to be flat to down, far below prior expectations. Lululemon Cuts Outlook as Headwinds Mount
• Negative Sentiment: Q2 guidance also missed consensus, signaling near-term earnings pressure and making the turnaround look longer and more difficult.
• Negative Sentiment: Analysts at BTIG, BNP Paribas Exane, Telsey, and others downgraded the stock or cut targets sharply, reflecting growing concern about weaker U.S. demand, competition, and brand momentum.
• Negative Sentiment: Reuters and other reports highlighted slowing traffic, waning brand appeal, and tariff costs as added headwinds, which is weighing on sentiment ahead of the new CEO’s arrival. Lululemon slides as bleak forecasts deepen turnaround worries

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.