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?

Continue reading


Source Fool.com