Lululemon Athletica drops 3% after failing to raise guidance despite earnings beat

Go back to Lululemon Athletica drops 3% after failing to raise guidance despite earnings beat

Lululemon Athletica Inc. (LULU) PT Raised to $525 at Needham & Company

December 8, 2023 7:36 AM EST

Needham & Company analyst Anna Andreeva raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $525.00 (from $470.00) while maintaining a Buy rating.

The analyst commented, "LULU beat 3Q23 on sales (strength in Aug/Oct, strong pipeline of innovation like Wundermost/Steady State continues to be... More

Lululemon Athletica Inc. (LULU) PT Raised to $540 at Oppenheimer

December 8, 2023 4:48 AM EST

Oppenheimer analyst Brian Nagel raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $540.00 (from $450.00) while maintaining a Outperform rating.... More

Lululemon Athletica Inc. (LULU) PT Raised to $520 at BofA Securities

December 8, 2023 4:40 AM EST

BofA Securities analyst Lorraine Hutchinson raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $520.00 (from $450.00) while maintaining a Buy rating.... More

Lululemon Athletica Inc. (LULU) PT Raised to $529 at Stifel

December 8, 2023 4:31 AM EST

Stifel analyst Jim Duffy raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $529.00 (from $463.00) while maintaining a Buy rating.... More

Lululemon Athletica Inc. (LULU) PT Raised to $500 at JPMorgan

December 8, 2023 4:22 AM EST

JPMorgan analyst Matthew Boss raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $500.00 (from $489.00) while maintaining a Overweight rating.... More

Lululemon Athletica Inc. (LULU) PT Raised to $470 at UBS

December 8, 2023 4:21 AM EST

UBS analyst Jay Sole raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $470.00 (from $429.00) while maintaining a Neutral rating.... More

Lululemon Athletica Inc. (LULU) PT Raised to $530 at Barclays

December 8, 2023 3:18 AM EST

Barclays analyst Adrienne Yih raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $530.00 (from $480.00) while maintaining a Overweight rating.... More

Lululemon Athletica Inc. (LULU) PT Raised to $500 at KeyBanc

December 8, 2023 3:15 AM EST

KeyBanc analyst Ashley Owens raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $500.00 (from $450.00) while maintaining a Overweight rating.... More

Lululemon Athletica Inc. (LULU) PT Raised to $502 at Deutsche Bank

December 8, 2023 3:04 AM EST

Deutsche Bank analyst Gabriella Carbone raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $502.00 (from $500.00) while maintaining a Buy rating.... More

Lululemon Athletica Inc. (LULU) PT Raised to $400 at Bernstein

December 8, 2023 2:19 AM EST

Bernstein analyst Aneesha Sherman raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $400.00 (from $366.00) while maintaining a Market Perform rating.... More

Lululemon Athletica Inc. (LULU) PT Raised to $513 at Goldman Sachs

December 8, 2023 2:18 AM EST

Goldman Sachs analyst Brooke Roach raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $513.00 (from $464.00) while maintaining a Buy rating.... More

lululemon athletica (LULU) Tops Q3 EPS by 25c, Offers Guidance

December 7, 2023 4:06 PM EST

lululemon athletica (NASDAQ: LULU) reported Q3 EPS of $2.53, $0.25 better than the analyst estimate of $2.28. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.19 billion.

GUIDANCE:

lululemon athletica sees Q4 2024 EPS of $4.85-$4.93, versus the consensus of $4.94.... More