Lululemon Athletica's (LULU) "Outperform" Rating Reiterated at William Blair

William Blair restated their outperform rating on shares of Lululemon Athletica (NASDAQ:LULU - Free Report) in a research note released 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.

A number of other brokerages have also weighed in on LULU. Evercore ISI increased their price target on Lululemon Athletica from $440.00 to $495.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 28th. Piper Sandler decreased their price target on Lululemon Athletica from $340.00 to $315.00 and set a "neutral" rating on the stock in a research note on Friday, March 28th. Guggenheim lifted their price target on Lululemon Athletica from $350.00 to $415.00 and gave the company a "buy" rating in a report on Friday, December 6th. Morgan Stanley decreased their target price on shares of Lululemon Athletica from $411.00 to $373.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Finally, Truist Financial lowered their target price on shares of Lululemon Athletica from $460.00 to $380.00 and set a "buy" rating for the company in a report on Friday, March 28th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $378.31.

Remove Ads

Lululemon Athletica Stock Up 3.1 %

Shares of LULU traded up $8.05 during trading hours on Thursday, reaching $263.70. 8,366,117 shares of the company traded hands, compared to its average volume of 2,200,670. The stock has a market capitalization of $32.11 billion, a PE ratio of 19.04, a price-to-earnings-growth ratio of 2.22 and a beta of 1.31. The stock has a fifty day simple moving average of $353.59 and a 200 day simple moving average of $339.97. Lululemon Athletica has a fifty-two week low of $226.01 and a fifty-two week high of $423.32.

Lululemon Athletica (NASDAQ:LULU - Get Free Report) last released its quarterly earnings results on Thursday, March 27th. The apparel retailer reported $6.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.85 by $0.29. The company had revenue of $3.60 billion for the quarter, compared to analysts' expectations of $3.59 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The firm's revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the company earned $5.29 EPS. Research analysts predict that Lululemon Athletica will post 14.36 EPS for the current fiscal year.

Institutional Investors Weigh In On Lululemon Athletica

Hedge funds and other institutional investors have recently bought and sold shares of the business. Beacon Capital Management LLC grew its position in shares of Lululemon Athletica by 6.9% during the fourth quarter. Beacon Capital Management LLC now owns 372 shares of the apparel retailer's stock worth $142,000 after buying an additional 24 shares in the last quarter. Edgestream Partners L.P. increased its position in shares of Lululemon Athletica by 0.7% in the 4th quarter. Edgestream Partners L.P. now owns 3,539 shares of the apparel retailer's stock worth $1,353,000 after purchasing an additional 25 shares during the last quarter. SeaCrest Wealth Management LLC increased its position in shares of Lululemon Athletica by 2.6% in the 4th quarter. SeaCrest Wealth Management LLC now owns 1,018 shares of the apparel retailer's stock worth $389,000 after purchasing an additional 26 shares during the last quarter. Dnca Finance raised its stake in shares of Lululemon Athletica by 15.1% in the 4th quarter. Dnca Finance now owns 198 shares of the apparel retailer's stock valued at $76,000 after purchasing an additional 26 shares in the last quarter. Finally, Capital Advisors Ltd. LLC lifted its position in shares of Lululemon Athletica by 9.4% during the fourth quarter. Capital Advisors Ltd. LLC now owns 325 shares of the apparel retailer's stock worth $124,000 after purchasing an additional 28 shares during the last quarter. 85.20% of the stock is currently 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.