Telsey Advisory Group Trims Lululemon Athletica (NASDAQ:LULU) Target Price to $360.00

Lululemon Athletica (NASDAQ:LULU) had its price target cut by Telsey Advisory Group from $470.00 to $360.00 in a research report report published on Monday morning, Marketbeat reports. They currently have an outperform rating on the apparel retailer’s stock. Telsey Advisory Group also issued estimates for Lululemon Athletica’s Q3 2025 earnings at $2.80 EPS, Q4 2025 earnings at $5.98 EPS, FY2025 earnings at $14.27 EPS, Q1 2026 earnings at $2.78 EPS, Q2 2026 earnings at $3.29 EPS, Q3 2026 earnings at $3.11 EPS, Q4 2026 earnings at $6.58 EPS and FY2026 earnings at $15.73 EPS.

Several other equities research analysts have also weighed in on the stock. Oppenheimer reiterated an outperform rating and set a $445.00 price objective on shares of Lululemon Athletica in a research note on Thursday, June 6th. Stifel Nicolaus dropped their price objective on shares of Lululemon Athletica from $416.00 to $370.00 and set a buy rating on the stock in a research note on Thursday, August 22nd. Piper Sandler reiterated a neutral rating and set a $250.00 price objective on shares of Lululemon Athletica in a research note on Friday, August 23rd. Morgan Stanley decreased their target price on shares of Lululemon Athletica from $490.00 to $404.00 and set an overweight rating for the company in a research report on Wednesday, May 29th. Finally, Wells Fargo & Company decreased their target price on shares of Lululemon Athletica from $350.00 to $285.00 and set an equal weight rating for the company in a research report on Friday, August 23rd. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and twenty-one have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of Moderate Buy and an average target price of $375.00.

Lululemon Athletica Stock Performance

LULU opened at $259.01 on Monday. The company has a 50-day moving average of $273.65 and a 200-day moving average of $341.85. The company has a market capitalization of $32.38 billion, a P/E ratio of 20.77, a PEG ratio of 1.25 and a beta of 1.26. Lululemon Athletica has a 1-year low of $226.01 and a 1-year high of $516.39.

Lululemon Athletica (NASDAQ:LULU) last released its earnings results on Thursday, August 29th. The apparel retailer reported $3.15 earnings per share for the quarter, topping the consensus estimate of $2.96 by $0.19. The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.41 billion. Lululemon Athletica had a net margin of 16.09% and a return on equity of 42.64%. The company’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.68 EPS. As a group, sell-side analysts expect that Lululemon Athletica will post 14.22 earnings per share for the current fiscal year.

Lululemon Athletica declared that its board has initiated a share repurchase plan on Wednesday, June 5th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the apparel retailer to repurchase up to 2.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Tidemark LLC acquired a new position in Lululemon Athletica in the 4th quarter valued at $26,000. Scarborough Advisors LLC acquired a new position in Lululemon Athletica in the 4th quarter valued at $26,000. Richardson Financial Services Inc. acquired a new position in Lululemon Athletica in the 4th quarter valued at $31,000. True Wealth Design LLC grew its position in Lululemon Athletica by 2,950.0% in the 4th quarter. True Wealth Design LLC now owns 61 shares of the apparel retailer’s stock worth $31,000 after purchasing an additional 59 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its position in Lululemon Athletica by 176.0% in the 1st quarter. Benjamin Edwards Inc. now owns 69 shares of the apparel retailer’s stock worth $27,000 after purchasing an additional 44 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

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.