JPMorgan Chase & Co. Cuts lululemon athletica (NASDAQ:LULU) Price Target to $95.00

lululemon athletica (NASDAQ:LULU) had its target price lowered by JPMorgan Chase & Co. from $154.00 to $95.00 in a research note published on Friday morning,Benzinga reports. The brokerage currently has a neutral rating on the apparel retailer’s stock.

LULU has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a research report on Monday, June 8th. Truist Financial cut lululemon athletica from a “hold” rating to a “sell” rating and lowered their target price for the company from $115.00 to $94.00 in a research note on Thursday, July 16th. BTIG Research restated a “neutral” rating on shares of lululemon athletica in a research report on Friday. The Goldman Sachs Group cut their price target 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. Finally, Sanford C. Bernstein decreased their price target on lululemon athletica from $145.00 to $115.00 and set a “market perform” rating on the stock in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $116.46.

lululemon athletica Stock Performance

LULU opened at $100.61 on Friday. The stock has a market capitalization of $11.94 billion, a PE ratio of 8.24, a PEG ratio of 2.05 and a beta of 0.87. lululemon athletica has a 1-year low of $97.99 and a 1-year high of $225.98. The firm has a 50-day moving average price of $118.42 and a two-hundred day moving average price of $136.08.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.79 by $1.13. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the business earned $3.10 earnings per share. lululemon athletica’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 will post 11.14 EPS for the current year.

Insider Activity at lululemon athletica

In related news, Director Charles Bergh purchased 4,275 shares of lululemon athletica stock in a transaction dated Monday, June 15th. The shares were acquired at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On lululemon athletica

Several hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System boosted its holdings in lululemon athletica by 10,065.8% during the second quarter. California State Teachers Retirement System now owns 17,180,893 shares of the apparel retailer’s stock worth $1,961,714,000 after buying an additional 17,011,886 shares during the last quarter. BlackRock Inc. bought a new stake in shares of lululemon athletica in the 2nd quarter valued at about $1,010,565,000. Geode Capital Management LLC raised its position 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 acquiring an additional 71,464 shares during the period. Invesco Ltd. raised 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 acquiring an additional 490,127 shares during the period. Finally, Morgan Stanley boosted 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 acquiring an additional 59,282 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Trending Headlines about lululemon athletica

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

• Positive Sentiment: Fiscal Q2 adjusted EPS of $2.92 exceeded the $1.79 consensus estimate. However, approximately $0.86 per share of the result came from tariff refunds, making the beat less indicative of underlying operating strength. lululemon Q2 Earnings Beat on Tariff Refunds Despite Revenue Miss
• Positive Sentiment: Michael Burry reportedly remains bullish and indicated he may buy more shares below $100, offering a contrarian vote of confidence despite the disappointing results. Lululemon Sinks 20% After Second Guidance Cut
• Neutral Sentiment: Incoming CEO Heidi O’Neill takes over next week, putting renewed focus on whether a product refresh, stronger marketing and improved traffic can restore growth. Lululemon forecast cut hits shares, underscores challenge for next CEO
• Neutral Sentiment: Analyst opinion became more cautious: Goldman Sachs, Barclays, JPMorgan, Morgan Stanley, Piper Sandler and others lowered price targets, though several retained neutral or market-perform ratings and some targets remain above the stock’s recent level.
• Negative Sentiment: Q2 revenue fell 4% year over year to $2.42 billion, below the $2.46 billion consensus, while comparable sales dropped 9%. Americas revenue declined 8% and comparable sales fell 12%, signaling weakness in the company’s core market. Lululemon shares tumble on weak China, North America sales
• Negative Sentiment: Management reduced fiscal 2026 revenue guidance to $10.35 billion-$10.50 billion and EPS guidance to $9.48-$9.73. Q3 revenue is expected to decline 10%-11%, reinforcing concerns that the slowdown will persist.
• Negative Sentiment: The CEO transition, uneven product acceptance, softer store traffic, intense competition and a stronger-than-expected jobs report that increased rate concerns compounded the pressure on the apparel retailer’s valuation.

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.