Zacks Research Upgrades lululemon athletica (NASDAQ:LULU) to “Hold”

lululemon athletica (NASDAQ:LULU) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Several other brokerages have also recently weighed in on LULU. Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a report on Friday, June 5th. Freedom Capital raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Sanford C. Bernstein lowered their target price on shares of lululemon athletica from $170.00 to $145.00 and set a “market perform” rating for the company in a research note on Wednesday, June 3rd. Evercore cut their price target on lululemon athletica from $175.00 to $130.00 in a research note on Wednesday, June 3rd. Finally, Wells Fargo & Company decreased their price target on lululemon athletica from $110.00 to $105.00 and set an “equal weight” rating for the company in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $148.54.

lululemon athletica Trading Down 3.1%

lululemon athletica stock opened at $115.69 on Wednesday. lululemon athletica has a twelve month low of $104.44 and a twelve month high of $225.98. The stock’s fifty day simple moving average is $117.37 and its 200-day simple moving average is $140.52. The firm has a market capitalization of $13.73 billion, a P/E ratio of 9.34, a P/E/G ratio of 3.92 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $2.44 billion. During the same period last year, the firm earned $2.60 earnings per share. The company’s revenue for the quarter 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. Sell-side analysts predict that lululemon athletica will post 10.93 earnings per share for the current year.

Insider Buying and Selling at lululemon athletica

In related news, Director Charles V. Bergh bought 4,275 shares of the stock in a transaction dated Monday, June 15th. The stock was acquired at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the acquisition, 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 document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On lululemon athletica

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of lululemon athletica during the second quarter worth about $1,010,565,000. Geode Capital Management LLC lifted its holdings in shares of 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 valued at $631,526,000 after purchasing an additional 71,464 shares during the last quarter. Invesco Ltd. boosted its position in shares of lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after purchasing an additional 490,127 shares during the period. Morgan Stanley grew its stake in lululemon athletica by 2.8% during 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 last quarter. Finally, Flossbach Von Storch SE acquired a new position in lululemon athletica during the second quarter worth approximately $207,392,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

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.