Lululemon Athletica Inc. (LULU) shares dropped to a new 52-week low of $97.55 on September 10, 2026. The stock recently traded at $99.72 on heavy volume. Citigroup lowered its price target for the apparel maker to $117 from $130. Citigroup currently maintains a neutral rating on the shares.
The company reported a 4.3% year-over-year decrease in total revenue. Comparable sales declined by 9% during the same period. BMO Capital Markets recently initiated coverage with an underperform rating. BMO set a price target of $70 for the stock.
Wall Street analysts currently maintain a consensus rating of Reduce. Lululemon also faces investigations regarding its disclosures of recent tariff refunds.