JPMorgan Resets Lululemon Stock Price Target by 38%
6 Articles
6 Articles
Michael Burry calls Lululemon his portfolio trickster: why he is buying the crash
Michael Burry is buying exactly what Wall Street wants nothing to do with. Lululemon stock (NASDAQ: LULU) has lost more than half its value this year after weak product launches, falling Americas sales and another guidance cut pushed the stock below $100 for the first time since 2018. Yet Burry has called Lululemon the “trickster” in his portfolio and said he would buy more below $100. His wager is not that the turnaround is working, but that th…
JPMorgan resets Lululemon stock price target by 38%
Lululemon stock has grossly underperformed the broader markets in the last five years. While the S&P 500 index trades near record levels, LULU stock is down almost 80% from all-time highs. Notably, the stock tanked 17% after its fiscal Q2 2027 (ended in July) results, as a lackluster report…
Lululemon Stock Price Drop: Why LULU Fell 17% to an 8-Year Low
Lululemon beat its own earnings guidance by more than 60% and the stock fell 17.4% in a single session. That is not a typo, and it is the cleanest illustration this year of how little a headline EPS number means on its own. lululemon athletica inc. (NASDAQ: LULU) closed at $100.61 on Friday 4 September 2026, down from $121.77, after touching $97.99 intraday - the first time the shares had printed below $100 since May 2018. The stock is down 51.6…
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