TSX open
Loading markets…

Advertisement

Stocks

Why Lululemon stock is tanking today

By Wealth Awesome -

Follow live quotes and coverage.

Stocks & ETFs:LULU.US

Follow LULU

Photos provided by Pexels

Lululemon's stock is feeling the heat as it drops significantly amidst a challenging market environment.

Lululemon Athletica Inc. (NASDAQ:LULU) experienced a sharp decline in its stock price today, falling by 1.95% to close at CA$93.99. The drop comes in the wake of disappointing news from industry giant Nike, which has sent ripples of concern across the sportswear sector.

Advertisement

Lululemon Athletica Inc.

LULU.US

Full stock page →

LULU.US

Lululemon Athletica Inc.

Source:WealthAwesomeWealthAwesome
↓ $15.90 (-14.23%)
74 day period
$95.86$112.22$128.58Jun 17Aug 11Oct 1

Market cap

$10.61B

P/E

7.9x

52W high

$225.98

52W low

$95.35

1W change

-5.69%

Beta

0.86

Analyst Price Targets

Based on 36 analysts covering LULU · as of Sep 23, 2026

📈

Wall Street analysts forecast LULU stock price to rise 2428.0% over the next 12 months.

Consensus

Buy

3.83 / 5.00

Avg. Target

C$104.91

+2428.0% Upside

Previously C$105.65 on Sep 17, 2026

Current Price

C$4.15

Last close

Analyst Breakdown (36 analysts)

Strong Buy 16
Buy 3
Hold 14
Sell 1
Strong Sell 2
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on LULU's historical volatility

HistoricalForecast68%95%
C$34.76C$64.77C$94.78C$124.79C$154.80C$184.80TodayJun 17Aug 11Oct 1Nov 13Dec 27Feb 8

30-Day Vol

67.4%

Annualized

90-Day Vol

51.9%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$80.18

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$90.32C$71.58 – C$113.96
60 trading daysC$85.10C$61.25 – C$118.23
90 trading daysC$80.18C$53.60 – C$119.94

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Advertisement

Investor takeaway: Investors should be cautious as Lululemon's stock faces pressure from broader market trends and competitor performance, indicating potential challenges ahead.

Lululemon's stock down 1.95% today

The decline reflects broader concerns in the sportswear market, particularly following Nike's disappointing earnings report.

Bull case

Lululemon is actively expanding its store footprint and has strong gross margins. This positions the company well for a recovery if market conditions improve.

Bear case

Nike's recent performance highlights a tough environment for athletic apparel, and Lululemon might face similar challenges that could impact its sales and profitability.

Advertisement

Market Reaction to Nike's Earnings

Lululemon's stock decline follows Nike's recent earnings report, which revealed a significant drop in sales and a bleak outlook for the sportswear market. Nike's CEO indicated that the weak performance could persist, raising concerns about discounting and inventory issues across the industry. This has alarmed investors in Lululemon, as they worry about facing similar challenges affecting the company's sales.

Lululemon's Position in a Competitive Landscape

Despite its strong brand and loyal customer base, Lululemon faces increasing competition from both established players and new entrants in the athletic apparel market. The company's aggressive expansion strategy may not be enough to shield it from the broader market pressures highlighted by Nike's performance. Investors are left questioning whether Lululemon can maintain its growth trajectory in such a challenging environment.


Advertisement

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: October 2, 2026
Last Updated: October 2, 2026

Core portfolio

Awesome Portfolio™

15.1% a year since 2017, against 9.9% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+15.1%

Awesome Portfolio™

+9.9%

S&P/TSX

+5.2 pp better a year

Total return

+260%

Awesome Portfolio™

+137%

S&P/TSX

+123 pp better than the TSX

2017-07-31 to 2026-09-17, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-17
-11.7%42.8%97.2%151.6%206.0%260.4%Jul 17Oct 19Feb 22Jun 24Sep 26

Sponsored links

Advertisement