Can Lululemon (LULU) Stock Turn a $10,000 Investment Into $20,000 by 2030?

Core Viewpoint - Lululemon's stock has experienced significant fluctuations, currently trading 66% below its peak in December 2023, despite a previous five-year gain of 321% [1][2] Group 1: Financial Performance - Lululemon's revenue growth has slowed, with only a 7% increase reported in Q2, raising concerns about demand trends in the U.S. [3] - The company previously enjoyed over 20% year-over-year revenue gains, particularly thriving during the pandemic due to its strong digital presence [2][3] Group 2: Competitive Landscape - The company faces challenges from competition with other premium brands and a lack of fresh product innovation, which have negatively impacted sales [3] Group 3: Growth Potential - Despite current challenges, Lululemon maintains a strong brand presence, high profitability, and is experiencing rapid international growth, especially in China [4] - The stock is currently valued at a price-to-earnings ratio of 11.9, suggesting potential for valuation expansion and earnings growth, with the possibility of the stock price doubling by 2030 [5]