LULU lululemon athletica inc.

MIXED Impact: 5/10 ANALYST-UPGRADE
Processed 1d 9h ago SEC analyst-LULU-freedomb-20260605
Freedom Broker double upgrade: Sell → Hold

Price Chart

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Executive Summary

Freedom Broker double-upgraded LULU from Sell to Hold on June 5, 2026, while slashing its price target from $320 to $139. The stock trades at $124.92, implying 11.3% upside to the new target. The firm has a 66% accuracy rate on 68 calls with an 11.8% average return, placing it above most analysts covering the name. Consensus is heavily weighted toward Hold (30 of 39 analysts), with a mean target of $172.44, so Freedom's view remains below the pack. Insider buying by CEO Charles Bergh ($1M) and another executive provides a tailwind, but short interest is elevated at 64.4% of float. The move signals a tactical shift from bearish to neutral, not a full endorsement.

Impact Score

Base Score
4/7
LLM Adjustment
+1
Final Score
5/10

Consensus & Targets

Buy / Strong Buy
8 (21%)
Hold
30
Sell / Strong Sell
1
Total Analysts
25
Mean PT
$172.44
Median PT
$173.00
High PT
$295.00
Low PT
$130.00
Current Price
$124.92
Implied Upside
+38%

Among 39 analysts covering LULU, 8 are Buy-rated (4 Strong Buy, 4 Buy), 30 are Hold (77%), and 1 is Sell. The consensus is decisively neutral, with no strong bullish or bearish tilt.

Mean price target is $172.44, median $173, high $295, low $130. At $124.92, LULU trades at a 27.6% discount to the mean, implying 38.0% upside to consensus. Freedom Broker's $139 target is 19.4% below the mean and offers 11.3% upside from the current price.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-06-05 Freedom Broker upgrade Hold $139.00
2026-06-05 Bernstein maintain Market Perform $145.00
2026-06-05 Truist Securities maintain Hold $115.00
2026-06-05 Evercore ISI Group maintain In-Line $115.00
2026-06-05 Stifel maintain Hold $134.00
2026-06-05 JP Morgan maintain Neutral $149.00
2026-06-05 Wells Fargo maintain Equal-Weight $110.00
2026-06-05 Barclays maintain Equal-Weight $113.00
2026-06-05 BTIG downgrade Neutral
2026-06-05 Baird maintain Neutral $140.00

Over the past 30 days, analyst activity shows 1 upgrade and 1 downgrade. EPS revision trends are mixed: the current quarter (0q) saw 2 upward vs. 3 downward revisions; the current fiscal year (0y) had 1 up vs. 4 down. Estimates are being trimmed modestly on the full year, indicating cautious near-term expectations.

Firm Track Record — Freedom Broker

Freedom Broker accuracy: 66% on 68 calls | avg return: 11.8%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
Raymond James 75% 3/4 -2.6% top tier
TD Cowen 60% 3/5 5.9% above average
BTIG 57% 4/7 -1.9% above average
Morgan Stanley 46% 6/13 -5.6% below average
Evercore ISI Group 38% 3/8 -7.7% below average
UBS 33% 3/9 -9.3% below average
Jefferies 33% 2/6 -3.3% below average
Wedbush 33% 1/3 -3.3% below average
Truist Securities 33% 3/9 -6.8% below average
Baird 31% 4/13 -2.1% below average

Freedom Broker has been correct on 45 of 68 scored calls (66% accuracy) with an average return of 11.8%, making it one of the more reliable firms covering LULU. The best-performing firm is Raymond James (75% on 4 calls, -2.6% avg return), while the worst is B of A Securities (22% on 9 calls, -6.3% avg return). Freedom's accuracy and return rank above average among the 15 firms tracked.

Earnings Estimates

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
0q $2.69 $2.52 — $2.94 $2.6B ↑1 ↓0
+1q $2.67 $2.28 — $2.98 $2.7B ↑1 ↓0
0y $12.28 $11.00 — $12.97 $11.5B ↑1 ↓0
+1y $13.22 $11.50 — $14.12 $12.0B ↑2 ↓0

Cross-Platform Signals

Insider Trades (90d)
2 buys / 1 sells
Institutional
NORGES BANK — new
Institutional
TWO SIGMA INVESTMENTS, LP — doubled (117.4%)
Institutional
FMR LLC — trim (-65.8%)
Short Interest
Short: 1,743,670 | Exempt: 249 | TRF Vol: 2,708,608 | Short Ratio: 64.4% | Off-exchange volume (dark pool + OTC)

Insider activity is bullish: CEO Charles Bergh bought $1M worth of shares on March 20, 2026, and insider Andre Maestrini bought $495k on April 1. A single small insider sell ($100k) occurred on April 8. Institutional moves show Norges Bank taking a new $363M position, Two Sigma doubling its stake (+117%), and FMR trimming 65.8%. Short interest is very high at 64.4% of float, signaling bearish positioning. The analyst upgrade to Hold is a modest positive that diverges from short-heavy sentiment but aligns with insider buying.

Actionable Insight

The upgrade from a historically accurate firm combined with insider buying provides a floor near $125, but the massive PT cut and extreme short interest argue against aggressive bullish bets. Traders should monitor for a squeeze above $139 but maintain a neutral or tactical long stance only with tight risk controls.

Documents Analyzed

Report based on filing metadata.

14 reports for LULU
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for LULU — sortable, filterable
Type Now
Jun 5, 2026
1d ago
ANALYST-UPGRADE
MIXED ★ 5/10
awaiting T+20
Jun 5, 2026
1d ago
ANALYST-DOWNGRADE
MIXED ★ 3/10
$109.32 awaiting T+20awaiting T+20$114.23 (+4.49%)
Jun 5, 2026
1d ago
DEFA14A
NEUTRAL ★ 5/10
awaiting T+20
Jun 4, 2026
2d ago
8-K
BEARISH ★ 7/10
$115.93 awaiting T+20awaiting T+20$114.23 (+1.47%)
May 31, 2026
6d ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$203.96 $211.79▲ +3.84%▲ +2.07%$114.23 (−43.99%)
May 22, 2026
15d ago
DEFA14A
NEUTRAL ★ 3/10
awaiting T+20
May 18, 2026
19d ago
DEFA14A
NEUTRAL ★ 5/10
awaiting T+20
May 18, 2026
19d ago
DEFA14A
MIXED ★ 6/10
awaiting T+20
May 1, 2026
5w ago
ANALYST-UPGRADE
NEUTRAL ★ 3/10
$203.96 $211.79▲ +3.84%▲ +2.07%$114.23 (−43.99%)
Apr 28, 2026
5w ago
DEFA14A
NEUTRAL ★ 3/10
awaiting T+20
Showing 10 of 14

US Market Status

Market Closed — Opens Mon (11h 59m)

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