Can Lululemon Stock Recover?
Once one of the hottest stocks around, Lululemon Athletica (NASDAQ: LULU) has largely been a lemon since peaking at more than $500 in December 2023. The company is still growing revenue, albeit at a modest pace, mostly driven by international expansion, while its gross margins have come under pressure from tariffs.
Let's take a closer look at the company's most recent results to see whether a turnaround could be in the cards.
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Source Fool.com
Lululemon Athletica Inc. Stock
€102.80
-2.470%
Currently there is a rather positive sentiment for Lululemon Athletica Inc. with 24 Buy predictions and 5 Sell predictions.
With a target price of 220 € there is potential for a 114.01% increase which would mean more than doubling the current price of 102.8 € for Lululemon Athletica Inc..
