Wells Fargo & Company Cuts lululemon athletica (NASDAQ:LULU) Price Target to $105.00

lululemon athletica (NASDAQ:LULU) had its price target decreased by Wells Fargo & Company from $110.00 to $105.00 in a research report report published on Tuesday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the apparel retailer’s stock.

Several other analysts also recently commented on the stock. Zacks Research downgraded shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. Bank of America reduced their target price on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Jefferies Financial Group lowered their price target on shares of lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a report on Friday, June 5th. Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a report on Friday, June 5th. Finally, Citigroup cut their price target on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have issued a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $148.35.

lululemon athletica Stock Performance

Shares of LULU stock opened at $110.63 on Tuesday. The stock’s 50-day simple moving average is $118.83 and its 200-day simple moving average is $151.39. The firm has a market capitalization of $13.13 billion, a PE ratio of 8.93, a P/E/G ratio of 3.71 and a beta of 0.88. lululemon athletica has a fifty-two week low of $104.44 and a fifty-two week high of $225.98.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same quarter in the previous year, the company posted $2.60 earnings per share. The company’s revenue was up 4.3% compared to the same quarter last year. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. Sell-side analysts forecast that lululemon athletica will post 10.94 earnings per share for the current year.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the purchase, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Integrated Financial Solutions Inc. acquired a new stake in shares of lululemon athletica in the fourth quarter valued at about $26,000. Uniplan Investment Counsel Inc. purchased a new stake in shares of lululemon athletica during the fourth quarter worth about $26,000. Elyxium Wealth LLC acquired a new position in shares of lululemon athletica during the 4th quarter worth about $31,000. Rexford Capital Inc. purchased a new position in lululemon athletica in the 1st quarter valued at about $31,000. Finally, DV Equities LLC purchased a new position in lululemon athletica in the 4th quarter valued at about $31,000. 85.20% of the stock is owned by institutional investors and hedge funds.

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.