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LULU · NASDAQ · STOCK

Lululemon Athletica (LULU) Stock Analysis

Consumer Cyclical Updated September 05, 2026
$100.61
52W $104.44 – $225.98
63/100
$13.83B
10.0
0.86
AI Committee Verdict
Buy
63/100
Conviction: Moderate · 67% agreement · 6 analysts
+39.6%
-10.3%
3.85:1
Moderate

Is LULU Bullish or Bearish?

Bullish. Innellis AI committee rates Lululemon Athletica (LULU) Buy with a composite score of 63/100 , based on 6 analysts with 67% agreement. Last updated September 05, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +12.13 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -7.87 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The primary driver is low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock. The main limiting factor is eps declining -16.1% yoy despite any revenue growth. The committee is constructive but not yet at full conviction.

Bull & Bear Case

Bull Case
  • P/E of 9.8 is inexpensive for the broad market — Value
  • ROE of 31.3% shows genuine earnings power backing the valuation — Value
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • MACD histogram positive -- bullish momentum — Technical
  • Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock — Risk
Bear Case
  • Price-to-book of 4.2x prices in significant intangible value — Value
  • EPS declining -16.1% YoY despite any revenue growth — Growth
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of September 05, 2026
Overall Committee Score
63/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 16%
of 178 Consumer Cyclical peers
Value Analyst bullish
64 / 100 · High confidence
Classic value case: cheap on multiples with earnings power to back it up
+ P/E of 9.8 is inexpensive for the broad market
− Price-to-book of 4.2x prices in significant intangible value
Growth Analyst neutral
48 / 100 · High confidence
Moderate growth -- present but not remarkable
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
− EPS declining -16.1% YoY despite any revenue growth
Technical Analyst neutral
58 / 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
Risk Analyst bullish
80 / 100 · Low confidence
Risk profile is manageable -- leverage, volatility, and event exposure all look contained
+ Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst bullish
62 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3059.07)
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Investment Thesis Evolution

Committee score moved marginally from 62.9 to 62.9.

Comparing 2026-09-04 to 2026-09-05 (1 day apart).

Technical Analysis

RSI (14)
56.8
Neutral
MACD Histogram
0.082
Bullish Momentum
Trend Direction
Sideways
Weekly: Downtrend
Market Structure
Hh Hl
Support
$109.25
Resistance
$169.97
Bollinger %B
0.60
Inside Bands
Price vs Moving Averages
EMA 9
$119.65 Below
EMA 21
$119.63 Below
EMA 50
$120.77 Below
EMA 200
$146.00 Below

Fundamental Analysis

Valuation
93
Growth
54
Profitability
89
Financial Health
70
Cash Flow
70
Valuation
P/E Ratio 10.0×
P/B Ratio 2.82×
PEG Ratio -0.58
Dividend Yield 0.00%
52W High $225.98
52W Low $104.44
Quality & Growth
ROE 3182.7%
ROA 1867.4%
Gross Margin 5610.7%
Operating Margin 1775.7%
Revenue Growth YoY
Debt / Equity 0.44
AI Fundamental Assessment
P/E ratio of 10.0 (inexpensive relative to a 15-40x range); Price-to-book of 2.8x; PEG ratio of -0.6 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 31.8%; Return on assets of 18.7%; Net margin of 12.8%; Gross margin of 56.1%; Current ratio of 1.28 (tight short-term liquidity); Debt-to-equity of 0.44; Free cash flow per share is positive (11.34); Most recent quarter beat estimates by 12.5%; EPS growth accelerating (-66.3% -> +21.9% QoQ); Average YoY EPS growth of -33.5%; Analyst estimates falling over recent quarters
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