What Could Lululemon Stock Be Worth in 2026?
Athletic apparel company Lululemon Athletica (NASDAQ: LULU) is now entering its third year of a five-year plan to create shareholder value. The company finished fiscal 2021 (ended Jan. 2022) with $6.3 billion in revenue. Management then set a goal to double the top line to $12.5 billion by fiscal 2026.
Not only is Lululemon on pace to succeed, but it's also looking to grow its earnings per share (EPS) at a faster pace than revenue. In other words, it expects EPS to more than double during this five-year period. Considering it had diluted EPS of $7.49 in fiscal 2021, this would push earnings above $15 per share in fiscal 2026.
Can Lululemon hit these financial goals on time? And more importantly, what would the stock be worth if it succeeds?
Source Fool.com
Lululemon Athletica Inc. Stock
Our community is currently high on Lululemon Athletica Inc. with 66 Buy predictions and 5 Sell predictions.
As a result the target price of 465 € shows a positive potential of 40.91% compared to the current price of 330.0 € for Lululemon Athletica Inc..
