Shares of Lululemon Athletica (LULU, Financial) fell sharply by 14.2% after the athletic apparel maker posted its quarterly results. Despite surpassing both sales and profit estimates, the company issued guidance below expectations, citing a drop in customer spending amid economic uncertainty. This led JPMorgan to lower its price target on the stock, warning of potential impacts from tariffs and currency changes.
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 31.57% from the current price of $293.06. 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 82.26% from the current price of $293.06. 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.