Research Analysts’ Weekly Ratings Changes for Lululemon Athletica (LULU)

A number of firms have modified their ratings and price targets on shares of Lululemon Athletica (NASDAQ: LULU) recently:

• 12/9/2024 – Lululemon Athletica had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $292.00 to $396.00. They now have a “hold” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at Morgan Stanley from $345.00 to $414.00. They now have an “overweight” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at JPMorgan Chase & Co. from $338.00 to $425.00. They now have an “overweight” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at KeyCorp from $350.00 to $400.00. They now have an “overweight” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its “outperform” rating reaffirmed by analysts at William Blair.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at Telsey Advisory Group from $360.00 to $430.00. They now have an “outperform” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at Robert W. Baird from $380.00 to $440.00. They now have an “outperform” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at Citigroup Inc. from $270.00 to $380.00. They now have a “neutral” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at UBS Group AG from $315.00 to $360.00. They now have a “neutral” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at Piper Sandler from $260.00 to $340.00. They now have a “neutral” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at BMO Capital Markets from $265.00 to $302.00. They now have a “market perform” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at Barclays PLC from $261.00 to $378.00. They now have an “equal weight” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at Guggenheim from $350.00 to $415.00. They now have a “buy” rating on the stock.
• 12/6/2024 – Lululemon Athletica had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $438.00 price target on the stock, up previously from $370.00.
• 12/6/2024 – Lululemon Athletica had its price target raised by analysts at Truist Financial Co. from $360.00 to $420.00. They now have a “buy” rating on the stock.
• 12/5/2024 – Lululemon Athletica had its price target raised by analysts at Raymond James from $320.00 to $355.00.
• 12/5/2024 – Lululemon Athletica had its price target raised by analysts at TD Cowen from $382.00 to $383.00.
• 12/3/2024 – Lululemon Athletica had its price target raised by analysts at TD Securities from $382.00 to $383.00. They now have a “buy” rating on the stock.
• 12/2/2024 – Lululemon Athletica had its “underperform” rating reaffirmed by analysts at Jefferies Financial Group Inc.. They now have a $220.00 price target on the stock.
• 12/2/2024 – Lululemon Athletica had its price target raised by analysts at Evercore ISI from $300.00 to $355.00. They now have an “outperform” rating on the stock.
• 11/27/2024 – Lululemon Athletica had its price target lowered by analysts at Oppenheimer Holdings Inc. from $445.00 to $380.00. They now have an “outperform” rating on the stock.
• 11/26/2024 – Lululemon Athletica had its price target raised by analysts at Morgan Stanley from $314.00 to $345.00. They now have an “overweight” rating on the stock.
• 11/22/2024 – Lululemon Athletica is now covered by analysts at Needham & Company LLC. They set a “hold” rating on the stock.
• 11/6/2024 – Lululemon Athletica had its price target raised by analysts at Robert W. Baird from $350.00 to $380.00. They now have an “outperform” rating on the stock.
• 11/5/2024 – Lululemon Athletica had its price target raised by analysts at Truist Financial Co. from $310.00 to $360.00. They now have a “buy” rating on the stock.

Lululemon Athletica Stock Up 0.6 %

Shares of NASDAQ LULU traded up $2.20 during trading on Tuesday, reaching $385.69. The company had a trading volume of 496,364 shares, compared to its average volume of 2,112,980. The stock has a market cap of $46.97 billion, a P/E ratio of 27.85, a PEG ratio of 2.78 and a beta of 1.23. The company’s fifty day moving average price is $331.36 and its 200-day moving average price is $294.41. Lululemon Athletica Inc. has a 12 month low of $226.01 and a 12 month high of $516.39.

Lululemon Athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, December 5th. The apparel retailer reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.69 by $0.18. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The company had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period in the prior year, the firm posted $2.53 EPS. The company’s quarterly revenue was up 9.1% on a year-over-year basis. As a group, equities analysts predict that Lululemon Athletica Inc. will post 14.17 earnings per share for the current year.

Insiders Place Their Bets

In other Lululemon Athletica news, insider Nicole Neuburger sold 486 shares of the stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $269.59, for a total value of $131,020.74. Following the transaction, the insider now owns 6,198 shares in the company, valued at approximately $1,670,918.82. This represents a 7.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Celeste Burgoyne sold 24,870 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $405.54, for a total value of $10,085,779.80. Following the transaction, the insider now directly owns 12,429 shares in the company, valued at $5,040,456.66. The trade was a 66.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.48% of the stock is currently owned by corporate insiders.

Institutional Trading of Lululemon Athletica

Institutional investors and hedge funds have recently modified their holdings of the stock. Larson Financial Group LLC grew its stake in Lululemon Athletica by 78.2% in the 2nd quarter. Larson Financial Group LLC now owns 98 shares of the apparel retailer’s stock valued at $29,000 after purchasing an additional 43 shares during the period. Paladin Wealth LLC bought a new position in Lululemon Athletica during the third quarter valued at about $29,000. Ridgewood Investments LLC purchased a new stake in Lululemon Athletica during the second quarter worth about $33,000. HHM Wealth Advisors LLC raised its position in Lululemon Athletica by 66.7% in the second quarter. HHM Wealth Advisors LLC now owns 115 shares of the apparel retailer’s stock worth $34,000 after acquiring an additional 46 shares during the period. Finally, JFS Wealth Advisors LLC boosted its stake in Lululemon Athletica by 127.5% in the third quarter. JFS Wealth Advisors LLC now owns 116 shares of the apparel retailer’s stock valued at $31,000 after acquiring an additional 65 shares during the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

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.