lululemon athletica (NASDAQ:LULU) Given New $105.00 Price Target at Wells Fargo & Company

lululemon athletica (NASDAQ:LULU) had its price objective cut by Wells Fargo & Company from $110.00 to $105.00 in a report issued on Tuesday morning,Benzinga reports. They currently have an equal weight rating on the apparel retailer’s stock.

A number of other research firms also recently issued reports on LULU. Piper Sandler reduced their price objective on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Bank of America lowered their target price on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Freedom Capital upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Telsey Advisory Group decreased their price target on shares of lululemon athletica from $175.00 to $122.00 and set a “market perform” rating on the stock in a research note on Friday, June 5th. Finally, JPMorgan Chase & Co. decreased their price target on shares of lululemon athletica from $173.00 to $149.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have issued a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $148.35.

lululemon athletica Stock Down 0.0%

Shares of lululemon athletica stock opened at $116.63 on Tuesday. lululemon athletica has a twelve month low of $104.44 and a twelve month high of $226.24. The business has a 50-day moving average price of $119.19 and a 200-day moving average price of $152.76. The firm has a market cap of $13.84 billion, a price-to-earnings ratio of 9.41, a PEG ratio of 3.82 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The company had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the previous year, the business earned $2.60 earnings per share. The firm’s revenue for the quarter 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. On average, equities analysts expect that lululemon athletica will post 10.94 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In related news, Director Charles V. Bergh bought 4,275 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was purchased at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the acquisition, the director owned 10,365 shares in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.54% of the company’s stock.

Institutional Trading of lululemon athletica

Institutional investors have recently bought and sold shares of the stock. Center for Financial Planning Inc. increased its position in lululemon athletica by 27.7% during the second quarter. Center for Financial Planning Inc. now owns 1,925 shares of the apparel retailer’s stock valued at $220,000 after acquiring an additional 418 shares during the last quarter. GHP Investment Advisors Inc. lifted its holdings in shares of lululemon athletica by 33.9% in the 2nd quarter. GHP Investment Advisors Inc. now owns 3,681 shares of the apparel retailer’s stock worth $420,000 after acquiring an additional 932 shares during the last quarter. Trust Asset Management LLC bought a new stake in shares of lululemon athletica in the 2nd quarter worth about $136,000. Tema ETFs LLC boosted its stake in shares of lululemon athletica by 7.2% during the 2nd quarter. Tema ETFs LLC now owns 2,145 shares of the apparel retailer’s stock worth $245,000 after purchasing an additional 145 shares during the period. Finally, Handelsbanken Fonder AB boosted its stake in shares of lululemon athletica by 27.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 86,446 shares of the apparel retailer’s stock worth $9,870,000 after purchasing an additional 18,390 shares during the period. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica Company Profile

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.