Lululemon Athletica (LULU, Financial) saw its shares fall by 13% in premarket trading after issuing a cautious fiscal first-quarter outlook that missed market expectations. The company anticipates earnings of $2.53 to $2.58 per share and revenue between $2.34 billion and $2.36 billion, falling short of analysts' forecasted $2.63 EPS and $2.37 billion revenue. Although Lululemon exceeded previous quarterly earnings estimates, it reported slower U.S. store traffic due to cautious consumer spending. The company projects modest growth by 2025, with revenue targeted at $11.15 to $11.30 billion.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for Lululemon Athletica Inc (LULU, Financial) is $385.59 with a high estimate of $500.00 and a low estimate of $194.00. The average target implies an upside of 31.75% from the current price of $292.67. More detailed estimate data can be found on the Lululemon Athletica Inc (LULU) Forecast page.
Based on the consensus recommendation from 34 brokerage firms, Lululemon Athletica Inc's (LULU, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Lululemon Athletica Inc (LULU, Financial) in one year is $534.12, suggesting a upside of 82.5% from the current price of $292.67. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Lululemon Athletica Inc (LULU) Summary page.
