Wells Fargo & Company Cuts lululemon athletica (NASDAQ:LULU) Price Target to $95.00

lululemon athletica (NASDAQ:LULU) had its price target reduced by Wells Fargo & Company from $105.00 to $95.00 in a research report sent to investors on Friday, MarketBeat.com reports. Wells Fargo & Company currently has an equal weight rating on the apparel retailer’s stock.

LULU has been the topic of several other research reports. Weiss Ratings cut shares of lululemon athletica from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, August 24th. Citigroup reduced their target price on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft decreased their price objective on lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a report on Monday, June 8th. Jefferies Financial Group decreased their target price on shares of lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a research report on Friday, June 5th. Finally, Rothschild & Co Redburn lowered their price target on lululemon athletica from $160.00 to $110.00 and set a “sell” rating for the company in a research report on Tuesday, June 16th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica presently has a consensus rating of “Reduce” and a consensus price target of $116.46.

lululemon athletica Stock Performance

NASDAQ LULU opened at $100.61 on Friday. lululemon athletica has a 12 month low of $97.99 and a 12 month high of $225.98. The stock has a market cap of $11.94 billion, a PE ratio of 8.24, a P/E/G ratio of 2.05 and a beta of 0.87. The stock’s 50 day moving average is $118.42 and its 200 day moving average is $136.08.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data 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 business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.46 billion. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The company’s revenue was down 4.3% on a year-over-year basis. During the same period last year, the firm posted $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. On average, analysts forecast that lululemon athletica will post 11.14 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Charles Bergh bought 4,275 shares of the stock in a transaction dated Monday, June 15th. The stock was purchased 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 owned 10,365 shares of the company’s stock, valued at $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 the SEC website. 0.54% of the stock is currently owned by insiders.

Institutional Investors Weigh In On lululemon athletica

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LULU. Uniplan Investment Counsel Inc. purchased a new stake in lululemon athletica in the 4th quarter valued at about $26,000. Elyxium Wealth LLC purchased a new position in shares of lululemon athletica during the fourth quarter worth approximately $31,000. Rexford Capital Inc. purchased a new position in shares of lululemon athletica during the first quarter worth approximately $31,000. DV Equities LLC bought a new stake in shares of lululemon athletica during the fourth quarter valued at approximately $31,000. Finally, Gould Capital LLC bought a new stake in shares of lululemon athletica during the first quarter valued at approximately $32,000. Institutional investors own 85.20% of the company’s stock.

lululemon athletica News Roundup

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.