lululemon athletica (NASDAQ:LULU) Stock Rating Lowered by Truist Financial

lululemon athletica (NASDAQ:LULU) was downgraded by investment analysts at Truist Financial from a “hold” rating to a “sell” rating in a research report issued on Thursday, MarketBeat reports. They presently have a $94.00 price objective on the apparel retailer’s stock, down from their previous price objective of $115.00. Truist Financial’s target price would suggest a potential downside of 19.20% from the company’s current price.

A number of other equities research analysts have also recently commented on the stock. Daiwa Securities Group reduced their target price on shares of lululemon athletica from $173.00 to $120.00 and set a “neutral” rating for the company in a report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft lowered their price target on lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a report on Monday, June 8th. Stifel Nicolaus dropped their price target on lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a research report on Friday, June 5th. Zacks Research downgraded lululemon athletica from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 10th. Finally, Piper Sandler decreased their price objective on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have assigned a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $148.54.

lululemon athletica Trading Down 2.1%

LULU stock opened at $116.33 on Thursday. The company has a market capitalization of $13.80 billion, a P/E ratio of 9.39, a PEG ratio of 3.84 and a beta of 0.88. lululemon athletica has a twelve month low of $104.44 and a twelve month high of $233.00. The business has a 50 day simple moving average of $119.56 and a 200-day simple moving average of $154.47.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.44 billion. During the same period in the previous year, the company posted $2.60 EPS. The company’s quarterly revenue was up 4.3% on a year-over-year basis. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. Research analysts predict that lululemon athletica will post 11.08 EPS for the current fiscal year.

Insider Transactions at lululemon athletica

In other news, Director Charles V. Bergh purchased 4,275 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were acquired at an average price of $117.05 per share, with a total value of $500,388.75. Following the purchase, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On lululemon athletica

Several hedge funds and other institutional investors have recently bought and sold shares of LULU. Integrated Financial Solutions Inc. acquired a new position in shares of lululemon athletica during the 4th quarter worth $26,000. Uniplan Investment Counsel Inc. acquired a new stake in lululemon athletica in the 4th quarter valued at about $26,000. GoalVest Advisory LLC acquired a new stake in lululemon athletica in the 4th quarter valued at about $27,000. Elyxium Wealth LLC purchased a new position in lululemon athletica during the 4th quarter valued at about $31,000. Finally, Rexford Capital Inc. purchased a new position in lululemon athletica during the 1st quarter valued at about $31,000. 85.20% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting lululemon athletica

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Lululemon continues to expand its supply-chain footprint, opening a new distribution center in Ontario/Brampton and highlighting ongoing logistics investment that could support growth and inventory efficiency. EXEC: Lululemon Opens Massive Distribution Center in Ontario
• Positive Sentiment: The company also backed French recycling startup Syntetica in a $30 million Series A round, reinforcing its sustainability push and brand positioning with consumers and investors. Lululemon backs nylon recycling startup Syntetica in $30M Series A
• Neutral Sentiment: Separately, coverage noted Lululemon outperformed the broader market in the latest session, but this was mostly a market-relative move rather than a new company-specific catalyst. Lululemon (LULU) Ascends While Market Falls: Some Facts to Note
• Negative Sentiment: Truist downgraded lululemon athletica inc. (NASDAQ: LULU) to Sell from Hold and cut its price target to $94 from $115, citing structural headwinds, weakening card spending, softer brand momentum, and rising competition. Truist cuts Lululemon to sell, sees structural headwinds and nearly 20% downside

About lululemon athletica

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.