Telsey Advisory Group Lowers Lulu’s Fashion Lounge (NASDAQ:LVLU) Price Target to $1.00

Lulu’s Fashion Lounge (NASDAQ:LVLU) had its price objective decreased by stock analysts at Telsey Advisory Group from $2.00 to $1.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Telsey Advisory Group’s price target suggests a potential upside of 157.07% from the stock’s previous close. Telsey Advisory Group also issued estimates for Lulu’s Fashion Lounge’s Q1 2025 earnings at ($0.10) EPS, Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.12) EPS and FY2026 earnings at ($0.24) EPS.

Lulu’s Fashion Lounge Trading Down 8.3 %

Shares of NASDAQ LVLU opened at $0.39 on Friday. The company has a fifty day moving average price of $0.70 and a 200 day moving average price of $1.11. The firm has a market cap of $16.35 million, a PE ratio of -0.52 and a beta of 0.22. Lulu’s Fashion Lounge has a 1-year low of $0.38 and a 1-year high of $1.99.

Lulu’s Fashion Lounge (NASDAQ:LVLU) last posted its quarterly earnings data on Thursday, March 27th. The company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.13. Lulu’s Fashion Lounge had a negative return on equity of 58.04% and a negative net margin of 9.44%. The company had revenue of $66.15 million during the quarter, compared to analysts’ expectations of $68.43 million. Equities research analysts forecast that Lulu’s Fashion Lounge will post -0.74 EPS for the current year.

Institutional Trading of Lulu’s Fashion Lounge

An institutional investor recently raised its position in Lulu’s Fashion Lounge stock. Geode Capital Management LLC raised its holdings in Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) by 6.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 170,064 shares of the company’s stock after buying an additional 10,193 shares during the period. Geode Capital Management LLC owned 0.41% of Lulu’s Fashion Lounge worth $272,000 at the end of the most recent reporting period. 73.79% of the stock is currently owned by hedge funds and other institutional investors.

Lulu’s Fashion Lounge Company Profile

Lulu’s Fashion Lounge Holdings, Inc engages in providing an online website for clothing. It offers retailing of women’s clothing, shoes, and accessories. The company was founded in 1996 and is headquartered in Chico, CA.