William Blair has downgraded Lululemon Athletica Inc (LULU) to Market Perform from Outperform as of September 4, 2025. The current price stands at $167.01.
This downgrade indicates increased caution regarding Lululemon's outlook, potentially reflecting concerns about competitive pressures, market conditions, or execution risks that could affect the company's performance.
As of November 1, 2025, Lululemon's market capitalization is $20.5 billion, with a price-to-earnings ratio of 11.50 and earnings per share of 14.72. The company, headquartered in Vancouver, British Columbia, specializes in designing and retailing technical athletic apparel, footwear, and accessories. It operates across multiple channels, including company-operated stores, e-commerce, and wholesale.
Upcoming earnings are scheduled for December 3, 2025, with an estimated EPS of $2.25 and revenue of $2.5 billion. The most recent earnings report for Q2 2026 showed an EPS of $3.10, exceeding estimates by 5.6%.
Analyst consensus currently indicates 5 Strong Buy, 4 Buy, 28 Hold, 1 Sell, and 1 Strong Sell ratings, with a consensus rating of Hold. Recent actions include downgrades by Telsey Advisory Group and Stifel on the same day as William Blair's revision, suggesting a trend of caution among analysts regarding the stock’s performance.
Such decisions reflect the ongoing assessment of Lululemon's competitive positioning within the textiles, apparel, and luxury goods industry.