lululemon athletica (NASDAQ:LULU) Shares Break Above 50 Day Moving Average – Time to Sell?

lululemon athletica inc. (NASDAQ:LULU) shares passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $103.68 and traded as high as $104.96. lululemon athletica shares last traded at $104.59, with a volume of 3,523,416 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on LULU shares. Stifel Nicolaus lowered their price target on lululemon athletica from $134.00 to $100.00 and set a “hold” rating on the stock in a report on Friday, September 4th. Wells Fargo & Company dropped their price target on lululemon athletica from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Monday, October 19th. Guggenheim reissued a “neutral” rating on shares of lululemon athletica in a research note on Friday, September 4th. Truist Financial restated a “sell” rating and set a $82.00 price objective (down from $94.00) on shares of lululemon athletica in a research report on Friday, September 4th. Finally, Bank of America lowered their target price on lululemon athletica from $140.00 to $122.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Hold rating and eight have issued a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica has a consensus rating of “Reduce” and an average price target of $105.26.

lululemon athletica Trading Up 1.6%

The company has a market cap of $12.11 billion, a PE ratio of 8.57 and a beta of 0.92. The business’s 50-day simple moving average is $103.68 and its 200-day simple moving average is $136.06.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.79 by $1.13. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period last year, the business earned $3.10 EPS. The company’s quarterly revenue 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. On average, research analysts predict that lululemon athletica inc. will post 9.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of LULU. BlackRock Inc. purchased a new stake in shares of lululemon athletica during the 2nd quarter worth about $1,010,565,000. Flossbach Von Storch SE bought a new stake in shares of lululemon athletica in the 2nd quarter valued at approximately $207,392,000. Bank of America Corp DE grew its stake in shares of lululemon athletica by 17.6% in the 1st quarter. Bank of America Corp DE now owns 846,381 shares of the apparel retailer’s stock valued at $129,581,000 after buying an additional 126,917 shares in the last quarter. Amundi grew its stake in shares of lululemon athletica by 32.8% in the 1st quarter. Amundi now owns 670,655 shares of the apparel retailer’s stock valued at $102,677,000 after buying an additional 165,790 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in lululemon athletica in the second quarter worth approximately $100,660,000. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Company Profile

lululemon athletica inc. is a Vancouver, British Columbia-based designer, distributor and retailer of technical athletic apparel, footwear and accessories. The company serves consumers seeking products for yoga, running, training, fitness and other active lifestyles.

Its product portfolio includes women’s and men’s apparel, sports bras, leggings, tops, shorts, outerwear, footwear, bags and related accessories. lululemon sells its products through company-operated stores, e-commerce platforms and selected other channels, while also offering community-based fitness and wellness experiences connected to its brand.

Founded in 1998 by Chip Wilson, lululemon has expanded from its roots in yoga apparel into an international athletic and lifestyle brand.