Fintel reports that on January 7, 2025, Bernstein upgraded their outlook for Lululemon Athletica (NasdaqGS:LULU) from Market Perform to Outperform.
Analyst Price Forecast Suggests 2.09% Downside
As of December 23, 2024, the average one-year price target for Lululemon Athletica is $385.38/share. The forecasts range from a low of $195.94 to a high of $504.00. The average price target represents a decrease of 2.09% from its latest reported closing price of $393.61 / share.
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The projected annual revenue for Lululemon Athletica is 10,576MM, an increase of 3.87%. The projected annual non-GAAP EPS is 13.82.
What is the Fund Sentiment?
There are 1,955 funds or institutions reporting positions in Lululemon Athletica. This is an decrease of 79 owner(s) or 3.88% in the last quarter. Average portfolio weight of all funds dedicated to LULU is 0.19%, an increase of 22.80%. Total shares owned by institutions decreased in the last three months by 7.80% to 116,201K shares. 
The put/call ratio of LULU is 1.20, indicating a bearish outlook.
What are Other Shareholders Doing?
Alliancebernstein holds 3,826K shares representing 3.28% ownership of the company. In its prior filing, the firm reported owning 2,646K shares , representing an increase of 30.84%. The firm increased its portfolio allocation in LULU by 26.51% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 3,610K shares representing 3.09% ownership of the company. In its prior filing, the firm reported owning 3,634K shares , representing a decrease of 0.66%. The firm decreased its portfolio allocation in LULU by 15.24% over the last quarter.
Edgewood Management holds 3,196K shares representing 2.74% ownership of the company. In its prior filing, the firm reported owning 3,233K shares , representing a decrease of 1.15%. The firm decreased its portfolio allocation in LULU by 10.64% over the last quarter.
FDGRX - Fidelity Growth Company Fund holds 3,114K shares representing 2.67% ownership of the company. In its prior filing, the firm reported owning 4,313K shares , representing a decrease of 38.49%. The firm decreased its portfolio allocation in LULU by 42.56% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 3,012K shares representing 2.58% ownership of the company. In its prior filing, the firm reported owning 2,941K shares , representing an increase of 2.36%. The firm decreased its portfolio allocation in LULU by 14.38% over the last quarter.
Lululemon Athletica Background Information
(This description is provided by the company.)
lululemon athletica inc.is a healthy lifestyle inspired athletic apparel company for yoga, running, training, and most other sweaty pursuits, creating transformational products and experiences which enable people to live a life they love. Setting the bar in technical fabrics and functional designs, lululemon works with yogis and athletes in local communities for continuous research and product feedback.
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