UBS Group Cuts lululemon athletica (NASDAQ:LULU) Price Target to $120.00

lululemon athletica (NASDAQ:LULUFree Report) had its price objective trimmed by UBS Group from $124.00 to $120.00 in a research report report published on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the apparel retailer’s stock.

A number of other research firms have also recently commented on LULU. Citigroup cut their target price on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 9th. Barclays decreased their target price on lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. Morgan Stanley restated an “underweight” rating and set a $93.00 price target on shares of lululemon athletica in a research note on Monday, July 6th. Evercore cut their price target on lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. Finally, Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, lululemon athletica presently has a consensus rating of “Reduce” and an average price target of $148.38.

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lululemon athletica Price Performance

NASDAQ LULU opened at $115.00 on Tuesday. The firm’s fifty day moving average price is $117.76 and its 200 day moving average price is $138.56. lululemon athletica has a 12 month low of $104.44 and a 12 month high of $225.98. The company has a market capitalization of $13.65 billion, a price-to-earnings ratio of 9.28, a price-to-earnings-growth ratio of 3.82 and a beta of 0.86.

lululemon athletica (NASDAQ:LULUGet Free Report) last announced 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. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same period in the previous year, the company earned $2.60 earnings per share. 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. As a group, sell-side analysts forecast that lululemon athletica will post 10.93 earnings per share for the current year.

Insider Activity at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of lululemon athletica stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the acquisition, the director owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On lululemon athletica

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System raised its stake in lululemon athletica by 10,065.8% during the 2nd quarter. California State Teachers Retirement System now owns 17,180,893 shares of the apparel retailer’s stock valued at $1,961,714,000 after acquiring an additional 17,011,886 shares during the last quarter. BlackRock Inc. purchased a new position in shares of lululemon athletica in the 2nd quarter valued at approximately $1,010,565,000. Flossbach Von Storch SE purchased a new position in shares of lululemon athletica in the 2nd quarter valued at approximately $207,392,000. Norges Bank acquired a new position in shares of lululemon athletica in the fourth quarter valued at approximately $362,598,000. Finally, Boston Partners acquired a new position in shares of lululemon athletica in the fourth quarter valued at approximately $304,875,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica News Summary

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About lululemon athletica

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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.

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