The Goldman Sachs Group Issues Pessimistic Forecast for lululemon athletica (NASDAQ:LULU) Stock Price

lululemon athletica (NASDAQ:LULU) had its price target reduced by The Goldman Sachs Group from $200.00 to $180.00 in a report released on Monday, Marketbeat Ratings reports. The firm presently has a “neutral” rating on the apparel retailer’s stock. The Goldman Sachs Group’s price objective would indicate a potential upside of 9.78% from the company’s current price.

LULU has been the subject of a number of other reports. Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a research report on Wednesday, October 8th. UBS Group dropped their price objective on shares of lululemon athletica from $185.00 to $183.00 and set a “neutral” rating on the stock in a research note on Monday. Hsbc Global Res downgraded shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 11th. Evercore ISI reissued an “in-line” rating and set a $180.00 target price (down previously from $265.00) on shares of lululemon athletica in a research note on Friday, September 5th. Finally, HSBC downgraded shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price target on the stock. in a research note on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirty have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $227.68.

lululemon athletica Stock Down 0.1%

Shares of NASDAQ:LULU opened at $163.97 on Monday. The company’s fifty day moving average is $170.82 and its two-hundred day moving average is $216.94. The company has a market cap of $19.44 billion, a P/E ratio of 11.15, a price-to-earnings-growth ratio of 10.64 and a beta of 1.07. lululemon athletica has a 12-month low of $159.25 and a 12-month high of $423.32.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, beating analysts’ consensus estimates of $2.86 by $0.24. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.lululemon athletica’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.15 earnings per share. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Equities research analysts anticipate that lululemon athletica will post 14.36 earnings per share for the current year.

Insider Buying and Selling at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of lululemon athletica stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of the sale, the insider owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On lululemon athletica

Several institutional investors have recently bought and sold shares of LULU. Manhattan West Asset Management LLC grew its stake in lululemon athletica by 5.4% during the first quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer’s stock valued at $205,000 after acquiring an additional 37 shares in the last quarter. Horizon Investments LLC lifted its stake in lululemon athletica by 2.4% in the 1st quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer’s stock worth $456,000 after purchasing an additional 38 shares in the last quarter. GM Advisory Group LLC boosted its holdings in shares of lululemon athletica by 2.0% during the 1st quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer’s stock valued at $564,000 after purchasing an additional 40 shares during the last quarter. Hancock Whitney Corp grew its position in shares of lululemon athletica by 4.6% during the first quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock valued at $269,000 after purchasing an additional 42 shares in the last quarter. Finally, Optimize Financial Inc grew its position in shares of lululemon athletica by 2.3% during the first quarter. Optimize Financial Inc now owns 2,043 shares of the apparel retailer’s stock valued at $578,000 after purchasing an additional 45 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors.

About lululemon athletica

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.