3 Stocks to Watch: Lululemon, Dutch Bros, and Lyft

Three stocks have the potential to double by 2028, according to Motley Fool contributors. Lululemon Athletica is undervalued and has a loyal customer base, with a potential target price of $422. Dutch Bros has a massive expansion opportunity in the coffee market, and Lyft's growth prospects make it a strong candidate for a double in value.

Three stocks have been identified by Motley Fool contributors as having the potential to double in value by 2028. These stocks include Lululemon Athletica, Dutch Bros, and Lyft, each offering unique growth prospects and investment opportunities.

Lululemon Athletica Inc. (NASDAQ: LULU)

Lululemon Athletica Inc. is a leading athleisure brand that has seen its stock price fall significantly in recent months. The stock has dropped by about 60% from its highs set at the beginning of 2024, primarily due to slowing growth in North America and concerns about the brand's customer base and competitive landscape [1]. However, despite these challenges, Lululemon's revenue grew by more than 7% year-over-year in the latest quarter, with impressive 22% growth in China. The company's strong profit margins and international expansion plans suggest a long runway for growth. Analysts have set a price target of $327.15, indicating a potential for significant upside [2].

Dutch Bros Inc. (NASDAQ: BROS)

Dutch Bros Inc. is a rapidly growing coffee chain with a strong expansion strategy. The company's massive growth potential in the coffee market has caught the attention of investors. With a significant expansion opportunity and a loyal customer base, Dutch Bros has the potential to double in value by 2028. The company's innovative business model and strong brand recognition position it well for future growth [1].

Lyft Inc. (NASDAQ: LYFT)

Lyft Inc. is a leading ride-sharing company that has seen significant growth and expansion in recent years. The company's growth prospects and strong market position make it a strong candidate for a double in value by 2028. Lyft's focus on innovation and technology, as well as its strategic partnerships, position it well for future growth in the ride-sharing market [1].

Conclusion

Investors looking for growth opportunities should consider these three stocks. Lululemon Athletica offers a long runway for growth and a potential for significant upside, while Dutch Bros and Lyft have strong expansion opportunities and growth prospects. However, as with any investment, it is essential to conduct thorough research and consider the risks associated with each stock.

References

[1] https://www.mitrade.com/insights/news/live-news/article-8-1039365-20250814
[2] https://www.marketbeat.com/instant-alerts/filing-connor-clark-lunn-investment-management-ltd-takes-position-in-lululemon-athletica-inc-nasdaqlulu-2025-08-13/