lululemon athletica (LULU) Updates Q4 Revenue and Earnings Expectations

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Lululemon Athletica Inc. (LULU) PT Raised to $440 at Evercore ISI

January 15, 2025 5:27 AM EST

Evercore ISI analyst Michael Binetti raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $440.00 (from $425.00) while maintaining a Outperform rating.

The analyst comments "LULU Raises 4Q Guide on Strong Holiday: Stock Reaction Fears the Nuance: Updated guide is for revs +11-12% YOY (prev. +9%), EBIT mgn. down -50bp to -60bp (prev. down... More

Lululemon Athletica Inc. (LULU) PT Raised to $480 at BofA Securities, 'A nice beat as product improves sequentially'

January 13, 2025 10:59 AM EST

BofA Securities analyst Lorraine Hutchinson raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $480.00 (from $420.00) while maintaining a Buy rating.

The analyst comments "We hosted a meeting with Howard Tubin, Head of IR, at the ICR conference in Orlando. LULU reported a... More

Stifel Reiterates Buy Rating on Lululemon Athletica Inc. (LULU)

January 13, 2025 9:02 AM EST

Stifel analyst Jim Duffy reiterated a Buy rating and $438.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU).

The analyst comments "LULU preannounced 4Q24 for $3,560mn to $3,580mn revenue (+11% to +12% y/y) and $5.81- $5.85 adj. EPS. At the midpoint, this implies $78mn higher revenue... More

Truist Securities Reiterates Buy Rating on Lululemon Athletica Inc. (LULU), PT $460

January 13, 2025 8:26 AM EST

Truist Securities analyst Joseph Civello reiterated a Buy rating and $460.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU).

The analyst comments "In-line with our expectations, Lululemon raised its 4Q guidance ahead of the ICR conference to reflect strong Holiday sales trends, in-line with strong reads from our Truist Card Data. The company raised its 4Q revenue... More