Lululemon Athletica Inc.
LULUConsumer Cyclical · Apparel - Retail · NASDAQ
$97.30
P/E 9.6×
Is Lululemon Athletica Inc. (LULU) Undervalued? Valuation & Fair Price
At $97.30, the frameworks are split on Lululemon Athletica Inc. today — Benjamin Graham and Peter Lynch rate it Buy and Warren Buffett and Phil Town (Rule #1) rate it Avoid. Each model calculates its own fair value and margin of safety; create a free account to see the exact buy price behind every verdict.
Valuo fair-value verdict
Lululemon Athletica Inc. looks 196% undervalued
LULU trades at $97.30 versus a blended fair value of $287.86 across 4 investor frameworks. That's a 196% margin of safety to our estimate — the exact buy-below price from each framework is below.
The four investor lenses
See how each legend judges LULU
Pick a lens — the fair-value rail and its checklist update. The exact prices unlock with a free account.
Buffett: Wonderful businesses at a fair price — moat, high returns on capital, owner earnings.
Where Buffett marks fair value — the exact price is in the full analysis.
Buffett's checklist
Return on Equity
ROE Consistency
ROE Quality (Low Leverage)
Debt Levels
The full checklist, the exact fair value, and all four lenses side by side
Unlock free →The six questions · LULU
signal free · score locked
- Is it cheap enough?Strong
A great business at the wrong price is still a bad buy.
Price score — free accountP/E · PEG
- Is this a good business?Strong
Returns on capital, margins, and the cash they throw off.
Quality score — free accountROIC · margins
- Can it survive a bad year?Strong
Debt, liquidity, and balance-sheet resilience.
Safety score — free accountDebt · liquidity
- Are the numbers honest?Strong
Whether reported profit is backed by real cash.
Integrity score — free accountCash-backed profit
- Is it getting better?Strong
Revenue, earnings, and cash-flow trajectory.
Growth score — free accountRevenue · earnings
- Who runs it — and are they buying?Mixed
Capital allocation, dilution, and insider conviction.
Stewardship score — free accountDilution · insiders
Strong on Price, Quality, Safety, Integrity, Growth.
Inside · Price
Price is what you pay for the cash a business earns. Roughly under ~15× earnings is cheap; over ~30× the market is already pricing in strong growth, so you need that growth to show up.
The exact number, the reference bands, and each legend's take unlock free.
Insider & congress activity
Are insiders buying LULU?
Over recent SEC Form 4 filings, LULU insiders bought $2.0M and sold $9.9M of stock across 10 open-market trades. Insiders sell for many reasons, but they buy for one.
| Insider | Action | Shares | Value | Date |
|---|---|---|---|---|
| Bergh Charles Vdirector | Buy | 4,275 | $500K | Jun 15, 2026 |
| NEUBURGER NICOLEChief Brand Officer | Sell | 622 | $100K | Apr 8, 2026 |
| MAESTRINI ANDREPres, CCO & Interim Co-CEO | Buy | 3,275 | $495K | Apr 1, 2026 |
| Bergh Charles Vdirector | Buy | 6,090 | $1000K | Mar 20, 2026 |
| FRANK MEGHANChief Financial Officer | Sell | 2,658 | $562K | Dec 30, 2025 |
Members of Congress have also reported 50 trades in LULU. See the full insider & congress timeline.
Source: SEC Form 4 filings. Open-market buys & sells only. Not investment advice.
See the interactive insider chart & every tradeBear · base · bull
Three ways LULU could play out
A fair-value target for each scenario, with the assumptions behind it.
Bear case
Bear case price target — free accountGrowth disappoints and the multiple compresses — the downside if things go wrong.
Base case
Base case price target — free accountThe most likely path given current fundamentals — the scenario to anchor on.
Bull case
Bull case price target — free accountExecution beats expectations and growth holds — the upside if things go right.
Company financials
5-Year Financials
Income statement highlights — annual, USD
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $11.1B | $10.6B | $9.6B | $8.1B | $6.3B |
| Rev. Growth | +4.9% | +10.1% | +18.6% | +29.6% | — |
| Net Income | $1.6B | $1.8B | $1.6B | $855M | $975M |
| Net Margin | 14.2% | 17.1% | 16.1% | 10.5% | 15.6% |
| EPS (Diluted) | $13.27 | $14.67 | $12.23 | $6.70 | $7.52 |
About Lululemon Athletica Inc.
Lululemon Athletica Inc., alongside its subsidiaries, specializes in the design, global distribution, and retail of athletic apparel and accessories for both women and men. Its business operations are structured into two main divisions: company-owned retail establishments and direct-to-consumer sales. The firm's offerings encompass a range of clothing such as pants, shorts, tops, and jackets, all crafted for promoting a healthy lifestyle and facilitating athletic endeavors. These activities span yoga, running, training, and other physically demanding pursuits. Beyond apparel, Lululemon also supplies fitness-related accessories and a selection of footwear. Customers can acquire Lululemon products through numerous channels. These include a global network of corporate-managed stores, outlet locations, and seasonal warehouse sales. The company also sells through an interactive digital workout platform and via wholesale partnerships with entities like yoga studios, health clubs, and fitness centers. Further sales occur through temporary pop-up shops, as well as various licensing and supply agreements. A significant portion of sales is conducted directly with consumers through dedicated mobile applications and its primary e-commerce website, lululemon.com. By January 30, 2022, Lululemon boasted 574 stores operating under its brand name across numerous international markets. These markets span the United States, Canada, the People's Republic of China, Australia, the United Kingdom, Japan, New Zealand, Germany, South Korea, Singapore, France, Malaysia, Sweden, Ireland, the Netherlands, Norway, and Switzerland. Founded in 1998, Lululemon Athletica Inc. maintains its corporate base in Vancouver, Canada.
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- Today's price vs. four fair-value marks
- Insider & congress activity
- 5-year financials
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Data as of Oct 12, 2026 · price updated Oct 16, 2026. Sourced from SEC filings & Financial Modeling Prep.
Educational Use Only · Not Financial Advice
Analysis, scores, valuations, and buy zones are derived from publicly documented investor frameworks (Buffett, Lynch, Benjamin Graham, Phil Town) for learning purposes only. They are not recommendations from licensed financial advisors. Past performance does not guarantee future results. Prices may be delayed up to 15 minutes. Always conduct your own research before making any investment decisions.