LULU Price Prediction Next Week
Technical Analysis
Based on the technical analysis, LULU has shown significant volatility in recent months. The stock experienced a notable decline from December 2024 highs around $406 to current levels near $392. The price action suggests a period of consolidation with weakening upward momentum.
News Analysis & Fundamental Factors
Recent Guidance Update: LULU raised its Q4 2024 revenue guidance to $3.56-3.58 billion, exceeding previous estimates of $3.517 billion. This represents 11-12% growth year-over-year.
Earnings Outlook: The company expects Q4 EPS of $5.81-5.85, above prior guidance of $5.56-5.64.
Valuation: Currently trading at 23.7x forward earnings, which appears reasonable compared to peers in the athletic apparel space.
Price Prediction for Next Week
Based on technical indicators and recent news:
- Support levels: $385-390
- Resistance levels: $405-410
- Expected trading range: $388-402
Trading Recommendation
SELL with a target price of $385. Key reasons:
- Technical weakness showing in momentum indicators
- Volume has been declining during recent rallies
- Stock is approaching key resistance levels around $405-410
- Market sentiment appears to be shifting more cautious after recent gains
Set stop-loss at $410 to manage risk. The stock may see increased volatility ahead of earnings report expected on March 20, 2025.
LULU Similar Chart Price Prediction
The price of LULU is predicted to go up -5.78%, based on the high correlation periods with FMBH. The similarity of these two price pattern on the periods is 97.73%.
LULU
FMBH
Down: -5.78%Similarity: 97.73%
LULU Revenue Forecast
LULU EPS Forecast
LULU FAQs
What is LULU revenue forecast for next quarter？
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LULU VS S&P500
Lululemon's digital sales increased to about $5 billion in 2023 from less than $100 million in 2010 but its stores have remained very productive. Its sales per square foot of about $1,600 are extremely high.
Lululemon has a big opportunity in mainland China, which accounted for just 10% of its 2023 sales. China is already the second-largest sportswear market in the world.
Lululemon is often credited with the development of athleisure, which we believe is a major change in how people dress and has increasingly broad appeal.
LULU Analyst's Forecast
Paul Knight
Keybanc
Buy
2025-01-23
Price Target
$400 → $420
Upside
+8.29%
KeyBanc raised the firm's price target on Lululemon to $420 from $400 and keeps an Overweight rating on the shares. Lululemon noted stronger holiday results, and the firm thinks the gradual move back to a more normalized level of newness should have a positive impact on U.S. sales trends and our FY25 estimates. KeyBanc continues to view Lululemon as well-positioned given its exposure to the athleisure market, and sees continued execution on its Power of Three x2 initiatives this year.
Adrienne Yih
Barclays
Hold
2025-01-16
Price Target
$378 → $411
Upside
+10.78%
Matthew Boss
JP Morgan
Buy
2025-01-16
Price Target
$428 → $437
Upside
+17.79%
