Lululemon Athletica Inc. logo

Lululemon Athletica Inc.(LULU)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$98.06
09/18/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for LULU

09/18/2026: LULU (1-star) is currently NOT-A-BUY. Pass it for now.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 12.28%
Avg. Invested days 38
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/18/2026

Upturn Scorecard

Upturn Star Rating

LULU receives a 4-star rating, supported by solid company fundamentals, and solid analyst coverage. The rating is constrained by weak price momentum, and limited analyst upside.

Company Fundamentals

LULU has solid overall fundamentals (4 stars), with solid financial health, moderate growth momentum, and solid ownership. In FY2026 versus FY2025, solid cash generation (FCF margin 8.3%) and solid profitability (net margin 14.2%) are partially offset by negative earnings growth (-13.0%), moderate revenue growth (+4.9%), modest insider ownership of 4.54%.

Financial Health Rating

LULU's financial health is supported by strong cash strength, including free-cash-flow generation (8.3% of revenue). Profitability is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

Revenue growth is LULU's strongest growth driver at +4.9% FY2026 versus FY2025 (moderate, 3 stars). By comparison, while earnings growth (-13.0%, negative) and free-cash-flow growth (-41.8%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 80.8% and approximately 96.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 4.54% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 8.58%
Vanguard Capital Management, LLC 6.26%
Vanguard Portfolio Management, LLC 4.67%
State Street Corp 4.08%
FMR Inc 3.89%

Unit Economics (Per $1K Revenue)

LULU generates approximately $566 of gross profit, $199 of operating income, and $83 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Strong margins, cash conversion, and capital efficiency support the rating.

Economic Dimensions

Effective Tax Rate: 29.47%

Quantitative Style Profile

LULU has a high-quality, large-cap, liquid profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLarge / Mega Cap StabilityShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 10.86B USD
Price to earnings Ratio 8.07
1Y Target Price 105.65
Price to earnings Ratio 8.07
1Y Target Price 105.65
Volume (30-day avg) 6.2M shares
Beta 0.86
52 Weeks Range 95.35 - 225.98
Updated Date 09/19/2026
52 Weeks Range 95.35 - 225.98
Updated Date 09/19/2026
Dividends yield (FY) -
Basic EPS (TTM) 12.15

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Earnings Date

Report Date 2026-09-03
When After Market
Estimate 1.79
Actual 2.06

Profitability

Profit Margin 12.78%
Operating Margin (TTM) 13.21%

Management Effectiveness

Return on Assets (TTM) 14.4%
Return on Equity (TTM) 30.9%

Valuation

Trailing PE 8.07
Forward PE 10.15
Enterprise Value 11.61B
Price to Sales(TTM) 0.98
Enterprise Value 11.61B
Price to Sales(TTM) 0.98
Enterprise Value to Revenue 1.05
Enterprise Value to EBITDA 4.61
Shares Outstanding 105.59M
Shares Floating 101.71M
Shares Outstanding 105.59M
Shares Floating 101.71M
Percent Insiders 4.54
Percent Institutions 80.76

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Lululemon Athletica Inc.

Exchange NASDAQ
Headquarters Vancouver, BC, Canada
IPO Launch date 2007-07-27
Interim Co-CEO & CFO Ms. Meghan C. Frank
Sector Consumer Cyclical
Industry Apparel Retail
Full time employees 39000
Full time employees 39000

lululemon athletica inc., together with its subsidiaries, designs, distributes, and retails technical athletic apparel, footwear, and accessories for women and men under the lululemon brand in the United States, Canada, Mexico, China, Hong Kong, Taiwan, Macau, Greece, and internationally. It offers pants, shorts, tops, and jackets for athletic activities, such as yoga, running, training, and other activities. The company also provides fitness-inspired accessories. It sells its products through company-operated stores; seasonal stores, pop-ups, university campus retailers, and yoga and fitness studios; outlets; Like New, a re-commerce program; and its e-commerce website. The company was founded in 1998 and is based in Vancouver, Canada.