Lululemon To Rally Around 12%? Here Are 10 Top Analyst Forecasts For Tuesday

As Lululemon Athletica Inc. (LULU) reports its fourth quarter earnings on Tuesday, analysts are bullish on the athletic apparel retailer's prospects, with many predicting a rally of around 12%. Here are ten top analyst forecasts for LULU, based on the latest data and insights:

1. Dana Telsey, Telsey Advisory Group: Dana Telsey, Chief Research Officer at Telsey Advisory Group, has a 'Buy' rating on LULU with a price target of $561, representing a 44.85% upside from the current stock price. Telsey expects Lululemon to benefit from strong holiday sales and continued growth in e-commerce.
2. Tom Nikic, Needham & Company: Tom Nikic, an analyst at Needham & Company, has a 'Strong Buy' rating on LULU with a price target of $475, indicating a 22.64% upside. Nikic believes that Lululemon's strong holiday sales and expansion into new markets will drive growth in the coming year.
3. Joseph Civello, Truist Securities: Joseph Civello, an analyst at Truist Securities, has a 'Strong Buy' rating on LULU with a price target of $460, representing an 18.77% upside. Civello expects Lululemon to benefit from its strong brand and continued innovation in product offerings.
4. Matthew Boss, J.P. Morgan: Matthew Boss, an analyst at J.P. Morgan, has a 'Buy' rating on LULU with a price target of $428, indicating a 10.51% upside. Boss believes that Lululemon's strong holiday sales and growth in e-commerce will drive revenue growth in the coming year.
5. Erwan Rambourg, HSBC: Erwan Rambourg, an analyst at HSBC, has a 'Buy' rating on LULU with a price target of $425, representing a 26.86% upside. Rambourg expects Lululemon to benefit from its strong brand and continued innovation in product offerings.
6. Paul Lejuez, Citigroup: Paul Lejuez, an analyst at Citigroup, has a 'Buy' rating on LULU with a price target of $415, indicating a 23.88% upside. Lejuez expects Lululemon to benefit from its strong brand and continued growth in e-commerce.
7. John Kernan, TD Cowen: John Kernan, an analyst at TD Cowen, has a 'Buy' rating on LULU with a price target of $447, representing a 33.43% upside. Kernan believes that Lululemon's strong holiday sales and continued innovation in product offerings will drive growth in the coming year.
8. Alexandra Steiger, Morgan Stanley: Alexandra Steiger, an analyst at Morgan Stanley, has an 'Overweight' rating on LULU with a price target of $490, indicating a 20.6% upside. Steiger expects Lululemon to benefit from its strong brand and continued growth in e-commerce.
9. Brooke Roach, Goldman Sachs: Brooke Roach, an analyst at Goldman Sachs, has a 'Buy' rating on LULU with a price target of $463, representing a 38.21% upside. Roach believes that Lululemon's strong holiday sales and continued innovation in product offerings will drive growth in the coming year.
10. Aneesha Sherman, Bernstein: Aneesha Sherman, an analyst at Bernstein, has a 'Market Perform' rating on LULU with a price target of $376, indicating a 13.1% downside. Sherman expects Lululemon to face headwinds from increased competition and slower growth in e-commerce.



In conclusion, analysts are bullish on Lululemon Athletica Inc. (LULU) as the company reports its fourth quarter earnings on Tuesday. With strong holiday sales, continued growth in e-commerce, and a strong brand, Lululemon is well-positioned for growth in the coming year. While there are some concerns about increased competition and slower growth in e-commerce, the overall outlook for LULU remains positive. As Lululemon continues to innovate and expand its product offerings, investors can expect the company to deliver strong results in the coming year.