Lululemon Athletica (LULU) is trading up at $99.09 (+1.36%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Consumer Discretionary sector.
One firm's current price target on Lululemon Athletica: $83 — 16% below the current $99.1. Each is tracked to its date and scored the same way a member's call is.
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.
| 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 →
Lululemon Athletica's latest reported figures next to the median of the other 46 S&P 500 Consumer Discretionary companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | Lululemon Athletica | Consumer Discretionary (46 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | +4.9% | +5.2% | +7.0% |
| Net margin, latest fiscal year | 14.2% | 9.7% | 12.9% |
| Share price change, 1 year | −43.3% | −9.2% | +5.9% |
Lululemon Athletica: fiscal year ended February 2026, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Lululemon Athletica included, are the last regular-session prices of October 19, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 46/496, net margin 46/496, 1-year price change 46/490; the reasons below can overlap. 12 are left out of the price figure because our archive holds no comparable close for them. The S&P 500 price figure is the middle company's change, not the index's return.
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.