Lululemon Athletica (LULU) is trading down at $94.09 (-0.26%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Consumer Discretionary sector.
Analyst price targets on LULU
One firm's current price target on Lululemon Athletica: $83 — 12% below the current $94.1. Each is tracked to its date and scored the same way a member's call is.
- Morgan Stanley $101 → $83 by Sep 2027 Sep 4, 2026 via Investing.com · Morgan Stanley's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Lululemon Athletica revenue & net income history (FY2016–FY2025)
| FY2016Jan 2017 | FY2017Jan 2018 | FY2018Feb 2019 | FY2019Feb 2020 | FY2020Jan 2021 | FY2021Jan 2022 | FY2022Jan 2023 | FY2023Jan 2024 | FY2024Feb 2025 | FY2025Feb 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $2.34B | $2.65B | $3.29B | $3.98B | $4.40B | $6.26B | $8.11B | $9.62B | $10.6B | $11.1B |
| Growth (year over year) | +13.8% | +13.0% | +24.1% | +21.0% | +10.6% | +42.1% | +29.6% | +18.6% | +10.1% | +4.9% |
| Gross profit | $1.20B | $1.40B | $1.82B | $2.22B | $2.46B | $3.61B | $4.49B | $5.61B | $6.27B | $6.28B |
| Gross margin | 51.2% | 52.8% | 55.2% | 55.9% | 56.0% | 57.7% | 55.4% | 58.3% | 59.2% | 56.6% |
| Operating income | $421.2M | $456.0M | $705.8M | $889.1M | $820.0M | $1.33B | $1.33B | $2.13B | $2.51B | $2.21B |
| Operating margin | 18.0% | 17.2% | 21.5% | 22.3% | 18.6% | 21.3% | 16.4% | 22.2% | 23.7% | 19.9% |
| Net income | $303.4M | $258.7M | $483.8M | $645.6M | $588.9M | $975.3M | $854.8M | $1.55B | $1.81B | $1.58B |
| Net margin | 12.9% | 9.8% | 14.7% | 16.2% | 13.4% | 15.6% | 10.5% | 16.1% | 17.1% | 14.2% |
| EPS (diluted) | $2.21 | $1.90 | $3.61 | $4.93 | $4.50 | $7.49 | $6.68 | $12.20 | $14.64 | $13.26 |
| Balance sheet | ||||||||||
| Cash and equivalents | $734.8M | $990.5M | $881.3M | $1.09B | $1.15B | $1.26B | $1.15B | $2.24B | $1.98B | $1.81B |
| Total assets | $1.66B | $2.00B | $2.08B | $3.28B | $4.19B | $4.94B | $5.61B | $7.09B | $7.60B | $8.46B |
| Total liabilities | $297.6M | $401.5M | $638.7M | $1.33B | $1.63B | $2.20B | $2.46B | $2.86B | $3.28B | $3.49B |
| Shareholders' equity | $1.36B | $1.60B | $1.45B | $1.95B | $2.56B | $2.74B | $3.15B | $4.23B | $4.32B | $4.96B |
| Cash flow | ||||||||||
| Operating cash flow | $386.4M | $489.3M | $742.8M | $669.3M | $803.3M | $1.39B | $966.5M | $2.30B | $2.27B | $1.60B |
| Capital expenditure | $149.5M | $157.9M | $225.8M | $283.0M | $229.2M | $394.5M | $638.7M | $651.9M | $689.2M | $680.8M |
| Free cash flow | $236.9M | $331.5M | $517.0M | $386.3M | $574.1M | $994.6M | $327.8M | $1.64B | $1.58B | $921.7M |
| Share buybacks | $29.3M | $100.3M | $598.3M | $173.4M | $63.7M | $812.6M | $444.0M | $558.7M | $1.64B | $1.18B |
| Q3 FY24Oct 2024 | Q4 FY24†Feb 2025 | Q1 FY25May 2025 | Q2 FY25Aug 2025 | Q3 FY25Nov 2025 | Q4 FY25†Feb 2026 | Q1 FY26May 2026 | Q2 FY26Aug 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $2.40B | $3.61B | $2.37B | $2.53B | $2.57B | $3.64B | $2.47B | $2.42B |
| Growth (year over year) | +8.7% | +12.7% | +7.3% | +6.5% | +7.1% | +0.8% | +4.3% | −4.3% |
| Gross profit | $1.40B | $2.18B | $1.38B | $1.48B | $1.43B | $2.00B | $1.34B | $1.46B |
| Gross margin | 58.5% | 60.4% | 58.3% | 58.5% | 55.6% | 54.9% | 54.2% | 60.5% |
| Operating income | $490.7M | $1.04B | $438.6M | $523.8M | $435.9M | $812.3M | $276.9M | $453.7M |
| Operating margin | 20.5% | 28.9% | 18.5% | 20.7% | 17.0% | 22.3% | 11.2% | 18.8% |
| Net income | $351.9M | $748.4M | $314.6M | $370.9M | $306.8M | $586.9M | $195.0M | $329.2M |
| Net margin | 14.7% | 20.7% | 13.3% | 14.7% | 12.0% | 16.1% | 7.9% | 13.6% |
| EPS (diluted) | $2.87 | $6.08 | $2.60 | $3.10 | $2.59 | $4.97 | $1.69 | $2.92 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.19B | $1.98B | $1.33B | $1.16B | $1.04B | $1.81B | $1.51B | $1.39B |
| Total assets | $7.08B | $7.60B | $7.43B | $7.52B | $7.96B | $8.46B | $8.53B | $8.48B |
| Total liabilities | $3.10B | $3.28B | $3.14B | $3.14B | $3.45B | $3.49B | $3.71B | $3.69B |
| Shareholders' equity | $3.99B | $4.32B | $4.29B | $4.39B | $4.50B | $4.96B | $4.83B | $4.79B |
| Cash flow | ||||||||
| Operating cash flow | $300.7M | $1.40B | −$119.0M | $328.7M | $249.9M | $1.14B | $214.4M | $374.8M |
| Capital expenditure | $178.5M | $235.0M | $152.3M | $177.9M | $167.4M | $183.2M | $127.4M | $149.7M |
| Free cash flow | $122.2M | $1.17B | −$271.2M | $150.8M | $82.4M | $959.7M | $87.1M | $225.2M |
| Share buybacks | $412.6M | $335.4M | $434.4M | $281.2M | $190.9M | $271.8M | $361.8M | $333.3M |
From Lululemon Athletica's 10-K and 10-Q filings with the SEC; its fiscal year ends in February. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Lululemon Athletica
Lululemon, commonly styled as lululemon, is a Canadian-American multinational athletic apparel retailer headquartered in Vancouver, British Columbia, and incorporated in Delaware, United States, as Lululemon Athletica Inc. It was founded in 1998 as a retailer of yoga pants and other yoga wear, and has expanded to also sell sportswear, lifestyle apparel, shoes, accessories and personal care products. The company has 811 stores and also processes sales online through its website.
- Headquarters
- Vancouver, Canada From SEC filings, Oct 2026
Recent News (1)
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