Lululemon Athletica (NASDAQ:LULU – Get Free Report)‘s stock had its “outperform” rating restated by William Blair in a research note issued to investors on Thursday,RTT News reports. William Blair also issued estimates for Lululemon Athletica’s Q1 2026 earnings at $2.60 EPS, Q2 2026 earnings at $3.59 EPS, Q3 2026 earnings at $3.20 EPS, Q4 2026 earnings at $5.85 EPS, FY2026 earnings at $15.22 EPS and FY2027 earnings at $16.92 EPS.
LULU has been the topic of several other research reports. KeyCorp cut their target price on Lululemon Athletica from $420.00 to $400.00 and set an “overweight” rating on the stock in a research note on Friday, March 28th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Lululemon Athletica from $292.00 to $396.00 and gave the stock a “hold” rating in a research note on Monday, December 9th. TD Cowen raised their target price on shares of Lululemon Athletica from $382.00 to $383.00 in a research note on Thursday, December 5th. Stifel Nicolaus reduced their price target on Lululemon Athletica from $438.00 to $424.00 and set a “buy” rating on the stock in a research report on Friday, March 28th. Finally, Barclays lowered their price objective on Lululemon Athletica from $411.00 to $309.00 and set an “equal weight” rating for the company in a research report on Friday, March 28th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $378.31.
Get Our Latest Stock Report on LULU
Lululemon Athletica Price Performance
Lululemon Athletica (NASDAQ:LULU – Get Free Report) last announced its quarterly earnings results on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, beating the consensus estimate of $5.85 by $0.29. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The firm had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.59 billion. During the same quarter last year, the firm posted $5.29 earnings per share. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. On average, equities analysts anticipate that Lululemon Athletica will post 14.36 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Lululemon Athletica
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. TCTC Holdings LLC bought a new position in Lululemon Athletica during the fourth quarter valued at about $26,000. Anderson Financial Strategies LLC bought a new position in shares of Lululemon Athletica in the 4th quarter valued at approximately $30,000. Kestra Investment Management LLC acquired a new stake in Lululemon Athletica in the 4th quarter worth approximately $32,000. Bradley & Co. Private Wealth Management LLC bought a new stake in Lululemon Athletica during the fourth quarter worth approximately $32,000. Finally, Sound Income Strategies LLC grew its holdings in Lululemon Athletica by 309.5% during the fourth quarter. Sound Income Strategies LLC now owns 86 shares of the apparel retailer’s stock valued at $33,000 after purchasing an additional 65 shares during the last quarter. 85.20% of the stock is owned by hedge funds and other 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.
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