The apparel brand is going through a rough patch with new product launches.It has been a tough year for Lululemon Athletica (LULU -5.24%). The stock has fallen a whopping 50% just in 2024, which is the deepest drawdown of the last 10 years. As a successful apparel brand that popularized the women's leggings category, Lululemon is seeing slowing revenue growth with mounting competition in North America from upstart athleisure brands. However, it continues to grow like gangbusters outside of North America, an ...

Nike's problems might not affect Lululemon as much as the market thinks.Nike (NYSE: NKE) reports quarterly earnings on a different schedule than most public companies, and its updates often give the market a sense of what's happening in retail before they get other earnings announcements. Because Nike plays such a strong role on the retail scene, its performance can be a harbinger of what's to come. For example, at the end of 2021, it was Nike that gave some of the earliest indications of the supply chain c ...

Goldman Sachs analyst Brooke Roach downgraded Lululemon Athletica Inc. LULU to Neutral from Buy, lowering the price forecast from $463 to $286.Following recent execution challenges, lackluster innovation launches, and rising evidence of more regular promotionality, the analyst sees more balanced risk-reward for the stock.The analyst flags that Lululemon’s store traffic has declined in each month of 2024, which marks a material slowdown compared to the 2023 trend. Traffic versus the key peers has also been f ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Read More: ...

Lululemon Athletica Inc. (NASDAQ: LULU), a leading name in the athletic apparel industry, has seen its stock value plummet by nearly 50% this year, despite reporting solid revenue growth.The steep decline in LULU’s share price can be linked to a combination of financial pressures, supply chain issues, and several notable analyst downgrades.LULU stock price performance YTD. Source: Finbold.comFirst quarter earnings summary for LULU stockLululemon’s first quarter earnings report showcased strong financial per ...

The most recent trading session ended with Lululemon (LULU) standing at $256, reflecting a -1.17% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.5%. Elsewhere, the Dow gained 0.5%, while the tech-heavy Nasdaq lost 1.28%.The athletic apparel maker's stock has dropped by 14.33% in the past month, falling short of the Consumer Discretionary sector's loss of 0.46% and the S&P 500's gain of 0.1%.The upcoming earnings release of Lululemon will be of great interest ...

Citigroup downgraded Lululemon stock, but it still sees some upside.Lululemon Athletica (LULU 2.18%) has been one of the most disruptive companies in the apparel industry in the last generation. It essentially invented the athleisure segment, making high-end yoga pants fashionable, but it has struggled recently, and now, one prominent Wall Street analyst has cut his rating on the stock.Citi cools on LululemonIn a note on Thursday, Citigroup analyst Paul Lejuez downgraded Lululemon from buy to neutral and lo ...

Lululemon stock is down 50% this year. Is this an overreaction?In this video, I will cover Lululemon Athletica (LULU 0.85%) which has seen its stock price plummet this year. This could be an attractive opportunity for long-term investors.*Stock prices used were from the trading day of July 26, 2024. The video was published on July 27, 2024. ...

jetcityimage/iStock Editorial via Getty Images Lululemon (NASDAQ:LULU), (TSX:LLL:CA), (NEOE:LULU:CA) has taken a beating in 2024. The stock is the second worst performer in the S&P 500, even as the index sits near all-time highs. What's more, LULU began underperforming the S&P 1500 Apparel Retail index, a broad proxy for its overall industry, early in the year. YCharts My previous article covered the quality of Lululemon's model and its demonstrated pricing power - of which little has seemed to change. Lulu ...

Lululemon (LULU) has been beaten down lately with too much selling pressure. While the stock has lost 19.8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that mea ...