Stifel Nicolaus Cuts lululemon athletica (NASDAQ:LULU) Price Target to $100.00

lululemon athletica (NASDAQ:LULU) had its target price trimmed by Stifel Nicolaus from $134.00 to $100.00 in a research report report published on Friday,Benzinga reports. The firm currently has a hold rating on the apparel retailer’s stock.

LULU has been the topic of a number of other reports. Evercore decreased their target price on lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Wells Fargo & Company cut their price target on lululemon athletica from $105.00 to $95.00 and set an “equal weight” rating for the company in a report on Friday. Guggenheim reaffirmed a “neutral” rating on shares of lululemon athletica in a research note on Friday. Finally, BNP Paribas Exane cut lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price objective on the stock. in a report on Friday, June 5th. 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price 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 price-to-earnings ratio of 8.24, a PEG ratio of 2.05 and a beta of 0.87. The company has a fifty day moving average of $118.42 and a 200 day moving average of $136.08. 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 results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping the consensus estimate of $1.79 by $1.13. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.46 billion. During the same quarter in the previous year, the company earned $3.10 EPS. The business’s quarterly revenue was down 4.3% compared to the same quarter last year. 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, equities research analysts forecast that lululemon athletica will post 11.14 earnings per share for the current year.

Insider Activity

In related news, Director Charles Bergh acquired 4,275 shares of lululemon athletica stock in a transaction on Monday, June 15th. The shares were bought at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the purchase, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. The trade was a 70.20% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On lululemon athletica

Several institutional investors have recently modified their holdings of LULU. California State Teachers Retirement System boosted its holdings in shares of lululemon athletica by 10,065.8% in 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 during the period. BlackRock Inc. purchased a new stake in lululemon athletica during the 2nd quarter valued at $1,010,565,000. Geode Capital Management LLC lifted its position in lululemon athletica by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after buying an additional 71,464 shares during the last quarter. Invesco Ltd. lifted its position in lululemon athletica by 28.7% in the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after buying an additional 490,127 shares during the last quarter. Finally, Morgan Stanley boosted its stake in lululemon athletica by 2.8% during the fourth 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 period. 85.20% of the stock is owned by institutional investors.

Key Stories Impacting 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.

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.