How Parkev Tatevosian, CFA’s view on $LULU changed

2026-09-10
“Why is Lululemon Stock Crashing, and is it a Generational Buying Opportunity? | LULU Stock Analysis”
Downgraded LULU from top pick to mere buying opportunity; still holds position with 24% upside to $128 fair value despite rising risks.

Lululemon sales fell by 4% compared to the same quarter last year and comparable store sales fared even worse. Unsurprisingly, the stock price collapsed following this update as investors were disappointed in its performance. I'm certainly disappointed.

I own Lululemon stock in my portfolio and I had previously ranked Lululemon stock as one of the best stocks to buy this year.

2026-09-02Bullish
“My Top 10 Stocks to Buy Right Now in September”
LULU is a strong long-term buy with >38% upside to $168 fair value, despite near-term revenue pressure from tariffs and weak consumer spending.

Last but not least, Lululemon, which I calculated a fair value at $168. The current market price is $122. And that leaves over 38% upside for Lululemon stock investors over the next 12 to 18 months.

One of the more bullish factors for me with Lululemon is the brand equity, which allows the company to sell products at supremely high prices compared to its competition. It generates profit margins in the best of the best in terms of this industry and it's the brand equity that allows the company to charge those high prices and generate sell through.