Lululemon Expected to Report Strong Earnings on June 3

Lululemon Athletica ($LULU) will announce its quarterly earnings on Tuesday, June 3, after market close. Analysts forecast revenue of $2,400,925,725 and earnings of $2.62 per share, according to Finnhub.

Recent Insider Trading Activity

In the past six months, Lululemon insiders executed 10 trades, all sales, with no purchases. Notable sales include Celeste Burgoyne, who sold 24,870 shares for approximately $10,085,719, and Nicole Neuburger, who sold 2,022 shares for around $782,735.

Hedge Fund Movement

During the most recent quarter, 555 institutional investors acquired Lululemon shares while 693 reduced their stakes. Significant moves include FMR LLC’s addition of 5,110,541 shares (+54.3%) for about $1,446,589,735, and Edgewood Management’s reduction of 2,120,943 shares (-71.6%) valued approximately at $600,354,125.

Congressional Trading Activity

Members of Congress traded Lululemon stock seven times in the last six months, with four purchases and three sales. Detailed trading activity is available via Quiver Quantitative’s platform.

Analyst Ratings Overview

Wall Street analysts have recently issued three buy ratings for Lululemon, with no sell ratings reported. Telsey Advisory rated it “Outperform” on March 31, 2025, Needham assigned a “Buy” on January 10, 2025, and Bernstein also issued an “Outperform” rating on January 7, 2025.

Price Targets Set by Analysts

Analysts have set a median price target of $445.0 for Lululemon over the past six months. Recent specific targets include $430.0 by Needham on March 26, 2025, $460.0 by Bernstein on January 7, 2025, and $396.0 by Krisztina Katai from Deutsche Bank on December 9, 2024.

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The views and opinions expressed herein are the author’s own and do not necessarily reflect those of Nasdaq, Inc.