Telsey Advisory Group Has Weak Outlook for LULU Q1 Earnings

Lululemon Athletica Inc. (NASDAQ:LULU) – Equities researchers at Telsey Advisory Group cut their Q1 2026 earnings estimates for Lululemon Athletica in a report issued on Friday, March 28th. Telsey Advisory Group analyst D. Telsey now forecasts that the apparel retailer will earn $2.58 per share for the quarter, down from their previous estimate of $2.77. Telsey Advisory Group currently has a “Outperform” rating and a $385.00 target price on the stock. The consensus estimate for Lululemon Athletica’s current full-year earnings is $14.36 per share. Telsey Advisory Group also issued estimates for Lululemon Athletica’s Q2 2026 earnings at $3.29 EPS, Q3 2026 earnings at $2.97 EPS, Q4 2026 earnings at $6.33 EPS and FY2027 earnings at $16.67 EPS.

Several other brokerages have also recently issued reports on LULU. UBS Group decreased their price target on shares of Lululemon Athletica from $376.00 to $335.00 and set a “neutral” rating for the company in a research report on Friday. Evercore ISI raised their target price on Lululemon Athletica from $440.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 28th. Deutsche Bank Aktiengesellschaft lifted their target price on Lululemon Athletica from $292.00 to $396.00 and gave the stock a “hold” rating in a report on Monday, December 9th. Raymond James reissued a “market perform” rating and issued a $430.00 price target on shares of Lululemon Athletica in a research note on Friday. Finally, TD Securities lifted their price objective on Lululemon Athletica from $382.00 to $383.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nineteen have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $380.72.

Lululemon Athletica Price Performance

Lululemon Athletica stock opened at $293.06 on Monday. The business has a 50 day moving average of $364.63 and a 200-day moving average of $340.22. Lululemon Athletica has a 1 year low of $226.01 and a 1 year high of $423.32. The company has a market capitalization of $35.69 billion, a P/E ratio of 21.16, a P/E/G ratio of 2.22 and a beta of 1.21.

Lululemon Athletica (NASDAQ:LULU) last issued its earnings results on Thursday, March 27th. The apparel retailer reported $6.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.85 by $0.29. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The business had revenue of $3.60 billion during the quarter, compared to analysts’ expectations of $3.59 billion. During the same quarter in the prior year, the firm earned $5.29 EPS. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year.

Institutional Investors Weigh In On Lululemon Athletica

Institutional investors have recently added to or reduced their stakes in the company. Investment Partners Asset Management Inc. bought a new position in shares of Lululemon Athletica in the fourth quarter valued at approximately $275,000. Rockefeller Capital Management L.P. boosted its position in Lululemon Athletica by 50.5% in the third quarter. Rockefeller Capital Management L.P. now owns 103,424 shares of the apparel retailer’s stock worth $28,070,000 after purchasing an additional 34,704 shares during the last quarter. Lebenthal Global Advisors LLC boosted its position in Lululemon Athletica by 138.1% in the fourth quarter. Lebenthal Global Advisors LLC now owns 2,698 shares of the apparel retailer’s stock worth $1,032,000 after purchasing an additional 1,565 shares during the last quarter. Montag A & Associates Inc. grew its stake in Lululemon Athletica by 495.1% in the 4th quarter. Montag A & Associates Inc. now owns 4,255 shares of the apparel retailer’s stock valued at $1,627,000 after purchasing an additional 3,540 shares during the period. Finally, Northwest & Ethical Investments L.P. purchased a new stake in shares of Lululemon Athletica during the 4th quarter valued at $17,775,000. 85.20% of the stock is owned by institutional investors.

Lululemon Athletica Company Profile

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.