Down 66%, Is Lululemon Stock Finally a Buy?
Apparel is a fickle industry. Brands go through mini boom and bust cycles as consumer tastes evolve. If one season's new lineup fails to catch the attention of your core customers, it can rapidly hurt your business and lead to market share losses. That is what investors fear is happening at (NASDAQ: LULU).
The premium athleisure brand has seen a major growth slowdown in the United States and Canada, and in response, the market has punished the stock, dragging it down by 66% from the all-time high it touched in early 2024. The trends are shifting toward baggier clothing, and Lululemon has been slow to adapt.
However, relative to its underlying business, Lululemon stock might be cheap at current levels. Is this stock finally a buy after its precipitous fall?
Source Fool.com
Lululemon Athletica Inc. Aktie
Lululemon Athletica Inc. erfreut sich mäßiger Beliebtheit, mit mehr Buy- als Sell-Einschätzungen.
Mit einem Kursziel von 193 € für Lululemon Athletica Inc. könnte der aktuelle Kurs von 103.4 € um mehr als die Hälfte steigen.
