Morgan Stanley Lowers lululemon athletica (NASDAQ:LULU) Price Target to $83.00

lululemon athletica (NASDAQ:LULU) had its target price dropped by equities research analysts at Morgan Stanley from $93.00 to $83.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has an “underweight” rating on the apparel retailer’s stock. Morgan Stanley’s target price suggests a potential downside of 17.39% from the company’s current price.

LULU has been the subject of several other reports. Guggenheim reiterated a “neutral” rating on shares of lululemon athletica in a research note on Friday. The Goldman Sachs Group lowered their price objective on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Telsey Advisory Group decreased their price target on lululemon athletica from $122.00 to $110.00 and set a “market perform” rating on the stock in a research note on Friday. Sanford C. Bernstein dropped their price objective on shares of lululemon athletica from $145.00 to $115.00 and set a “market perform” rating for the company in a research note on Friday. Finally, Truist Financial lowered lululemon athletica from a “hold” rating to a “sell” rating and cut their price target for the company from $115.00 to $94.00 in a research note on Thursday, July 16th. One 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 assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $141.54.

lululemon athletica Stock Down 17.5%

Shares of LULU traded down $21.30 on Friday, hitting $100.47. The company’s stock had a trading volume of 25,786,812 shares, compared to its average volume of 3,343,988. The firm has a market capitalization of $11.92 billion, a price-to-earnings ratio of 8.09, a P/E/G ratio of 2.50 and a beta of 0.87. The firm’s fifty day moving average price is $118.76 and its 200-day moving average price is $136.61. lululemon athletica has a fifty-two week low of $97.99 and a fifty-two week high of $225.98.

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. The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.46 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.lululemon athletica’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same quarter last year, the company earned $3.10 EPS. 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 analysts predict that lululemon athletica will post 10.93 earnings per share for the current fiscal year.

Insider Transactions at lululemon athletica

In other news, Director Charles Bergh purchased 4,275 shares of the business’s stock in a transaction on Monday, June 15th. The shares were acquired at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the acquisition, the director owned 10,365 shares in the company, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.54% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On lululemon athletica

Several hedge funds and other institutional investors have recently made changes to their positions in LULU. California State Teachers Retirement System increased its holdings 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 worth $1,961,714,000 after purchasing an additional 17,011,886 shares in the last quarter. BlackRock Inc. purchased a new position in shares of lululemon athletica in the 2nd quarter worth about $1,010,565,000. Flossbach Von Storch SE purchased a new position in lululemon athletica in the second quarter valued at about $207,392,000. Norges Bank bought a new position in lululemon athletica during the fourth quarter valued at $362,598,000. Finally, Boston Partners bought a new position in shares of lululemon athletica during the 4th quarter worth $304,875,000. 85.20% of the stock is owned by institutional investors.

lululemon athletica News Roundup

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

• Positive Sentiment: Second-quarter diluted EPS of $2.92 exceeded the $1.79 consensus estimate. However, the result included approximately $134.5 million in tariff refunds, which contributed about $0.86 per share, making the beat less indicative of underlying profitability. lululemon Second Quarter Fiscal 2026 Results
• Positive Sentiment: The company repurchased 2.7 million shares for $330 million during the quarter. Investor Michael Burry also indicated continued confidence in LULU below $100, potentially providing a limited counterpoint to the broader selling pressure. Michael Burry on Lululemon
• Neutral Sentiment: Analysts broadly moved to a more cautious stance. Wells Fargo, JPMorgan, UBS, Baird, Telsey and Bernstein lowered price targets, while ratings generally remained neutral, equal weight, hold or market perform. Some revised targets still imply upside from current levels.
• Negative Sentiment: Revenue fell 4% year over year to $2.416 billion, below the $2.46 billion consensus, while comparable sales declined 9% overall and 10% on a constant-currency basis. Americas revenue dropped 8%, and China revenue also declined, signaling that international growth is no longer fully offsetting weakness in the core market. Lululemon forecast cut and CEO challenge
• Negative Sentiment: lululemon cut fiscal 2026 revenue guidance to $10.35 billion-$10.50 billion from $11.00 billion-$11.15 billion and reduced EPS guidance to $9.48-$9.73. Third-quarter revenue and EPS guidance also fell well below Wall Street expectations, raising concerns about product acceptance, store traffic, margins and competitive pressure. LULU Q2 earnings call takeaways

lululemon athletica Company Profile

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.