Lululemon Athletica Likely To Report Higher Q4 Earnings - Here's A Look At Recent Price Target Changes By The Wall Street's Most Accurate Analysts

Lululemon Athletica Inc. LULU is expected to report its financial results for the fourth quarter and full year fiscal 2022 after the closing bell on Tuesday, March 28, 2023.

Analysts expect the company to post quarterly earnings at $4.26 per share, up from $3.37 per share in the year-ago period. The company’s revenue might come in at $2.7 billion.

Lululemon shares gained 1.2% to close at $317.22 on Monday, and lost 0.6% in today’s pre-market trading session.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Oppenheimer analyst Brian Nagel maintained an Outperform rating and raised the price target from $393 to $400 on Feb. 8, 2023. This analyst sees around 26% upside in the company’s stock and has an accuracy rate of 72%.
• Barclays analyst Adrienne Yih maintained an Overweight rating and cut the price target from $445 to $394 on Jan. 13, 2023. This analyst sees around 24% upside in the company’s stock and has an accuracy rate of 70%.
• UBS analyst Jay Sole maintained a Neutral rating and cut the price target from $395 to $390 on Dec. 9, 2022. This analyst sees around 23% upside in the company’s stock and has an accuracy rate of 72%.
• Morgan Stanley analyst Alex Straton maintained an Overweight rating and boosted the price target from $343 to $387 on Dec. 9, 2022. This analyst sees around 22% upside in the company’s stock and has an accuracy rate of 74%.
• Raymond James analyst Rick Patel maintained a Strong Buy rating and boosted the price target from $345 to $438 on Dec. 6, 2022. This analyst sees around 38% upside in the company’s stock and has an accuracy rate of 83%.

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