Lululemon Athletica stock holds near USD 104 after guidance cuts
Published on 09/23/2026 at 16:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lululemon Athletica stock closed at USD 103.73 on Nasdaq on September 22, 2026, up 2.40 percent from the prior close. The price remains close to the average analyst target of USD 104.91, while the latest guidance reset keeps the earnings outlook under pressure.
Guidance reset reshapes the story
In the second quarter of fiscal 2026, covering the quarter ended July 31, 2026, revenue rose 12.8 percent year over year to USD 2.65 billion, according to Handelsblatt on September 23, 2026. The headline growth figure was overshadowed by weaker operating signals and a lower full-year outlook.
Management now expects fiscal 2026 earnings per share of USD 9.48 to USD 9.73, compared with the previous range of USD 10.95 to USD 11.15, a midpoint reduction of USD 1.45. The same report said the company cut its fiscal 2026 revenue outlook to a decline of 5 percent to 7 percent.
Analyst target meets the share price
The market reaction has materially changed the valuation debate. The mean analyst price target fell from USD 290.62 in August 2025 to USD 104.91 in September 2026, while only one of roughly 31 covering analysts held a Buy rating, according to TIKR on September 23, 2026. Against the September 22 closing price of USD 103.73, the consensus target implied only USD 1.18 of upside.
The counter-factor is the deterioration in demand indicators. A September 23, 2026 investor notice said the September 3 disclosure included a 4.3 percent year-over-year revenue decline, a 10 percent fall in same-store sales and a 20 percent decline in core products such as leggings and women's tops, according to GlobeNewswire. That combination makes the next reported period more important than the earlier quarterly revenue increase.
Stock remains far below its yearly high
MarketScreener data show a September 22, 2026 close of USD 103.73 on Nasdaq, a market capitalization of USD 11.48 billion and a year-to-date decline of 50.08 percent. The same quote page lists an average target of USD 104.91 and a consensus rating of Hold, placing the share price close to the current valuation midpoint.
At USD 103.73, Lululemon Athletica stock is the reference Nasdaq quotation for September 22, 2026. The central figures for the market are the reduced fiscal 2026 EPS range of USD 9.48 to USD 9.73, the USD 1.45 midpoint cut and the near alignment between the share price and the USD 104.91 analyst target.
Lululemon Athletica stock facts
- Company: lululemon athletica inc.
- ISIN: CA5500211090
- Ticker: LULU
- Trading venue: Nasdaq
- Price as of September 22, 2026: USD 103.73
- Market capitalization: USD 11.48 billion as of September 22, 2026
- Sector / Industry: Consumer Discretionary / Apparel, Accessories and Luxury Goods
