Lululemon Price Targets Cut By Three Desks, September 4 2026
Three companies reported after the close on Thursday and drew thirty-four analyst actions across Friday. Zscaler took fifteen of them, Lululemon twelve and Asana seven. Twenty-two carried a new price target figure.
Lululemon Books $2.4 Billion In Quarterly Revenue And Draws Twelve Analyst Actions
Lululemon sells athletic apparel under its own name. It sells through company-operated stores and its own website, with a smaller wholesale channel. The company reports three geographic segments: the Americas, China Mainland and the rest of the world. The store count reached 825 at the end of the quarter, nine more than the quarter before. Revenue over the last twelve months was $11.20 billion.
What Lululemon’s Second Quarter Showed
Lululemon reported its second quarter on 3 September. Net revenue was $2.4 billion, 4 percent below the same quarter a year earlier. Comparable sales were 9 percent lower. Americas revenue was 8 percent lower. China Mainland revenue was 4 percent higher, though 2 percent lower once currency moves are stripped out. The rest of the world was 5 percent higher.
Gross margin was 60.5 percent, 200 basis points wider than a year earlier. Operating margin was 18.8 percent, 190 basis points narrower. Diluted earnings were $2.92 a share, of which $0.86 came from tariff refunds. Inventory was $1.7 billion.
Lululemon now guides to full year revenue of $10.350 billion to $10.500 billion and diluted earnings of $9.48 to $9.73. For the third quarter it guides to revenue of $2.290 billion to $2.320 billion and earnings of $0.93 to $0.98. Meghan Frank, the interim co-chief executive, said the company is “taking a prudent approach with our revised full-year outlook.”
Lululemon’s Stock Price Target News Today
Twelve desks acted on Friday and eight of them cut a target. Matthew Boss of JP Morgan made the deepest cut, from $154 to $95 at Neutral. Mark Altschwager of Baird lowered his from $140 to $115. Aneesha Sherman of Bernstein trimmed hers from $145 to $115 at Market Perform. Lorraine Hutchinson of B of A Securities reduced hers from $140 to $122.
Four more cut by smaller amounts. Jay Sole of UBS shaved his from $120 to $106. Ike Boruchow of Wells Fargo marked his down from $105 to $95 at Equal-Weight. Joseph Civello of Truist pulled his from $94 to $82 on a Sell rating. Alex Straton of Morgan Stanley revised hers from $93 to $83 at Underweight.
Four reiterated without a number. Ashley Owens of Keybanc stayed at Sector Weight. Simeon Siegel of Guggenheim stayed at Neutral. Janine Stichter of BTIG kept Neutral. Tom Nikic of Needham kept Hold.
Lululemon’s Analyst Coverage
Sherman has met 67.18 percent of her price targets, across 173 targets and ratings on 12 stocks. Her targets take 145 days on average to be reached. AnaChart records 27 analysts on Lululemon over the last twelve months, at an average target of $140.49.
Zscaler Guides To $3.94 Billion In Fiscal 2027 Revenue And Draws Fifteen Analyst Actions
Zscaler sells cloud security by subscription. Its Zero Trust Exchange inspects traffic between users, devices and applications rather than routing it through a corporate network. The platform runs across more than 200 public data centres. Revenue over the last twelve months was $3.35 billion.
What Zscaler’s Fiscal Fourth Quarter Showed
Zscaler reported its fourth quarter on 3 September. Revenue was $898.2 million, 25 percent above the same quarter a year earlier. Annual recurring revenue ended the year at $3.771 billion, also 25 percent higher, and net new ARR in the quarter was $246 million.
Non-GAAP operating margin was 24 percent in the quarter, a record for the company, and 23 percent across the year on $767.1 million of operating income. Non-GAAP earnings were $1.19 a share in the quarter and $4.21 across the year. Free cash flow was $779.1 million for the year. In the fourth quarter it was $60.8 million, held down by capital spending.
Guidance for fiscal 2027 runs to revenue of $3.908 billion to $3.938 billion and ARR of $4.396 billion to $4.426 billion. Jay Chaudhry, the chief executive, said “AI represents one of the most significant opportunities in Zscaler’s history.”
Zscaler’s Stock Price Target News Today
Fifteen desks acted on Friday and nine of them raised a target. Mike Cikos of Needham added the most, lifting his from $180 to $215. Todd Weller of Stephens advanced his from $200 to $225. Patrick Colville of Scotiabank pushed his from $175 to $200. Keith Bachman of BMO Capital boosted his from $178 to $200.
Five more raised by less. Hamza Fodderwala of Morgan Stanley upped his from $145 to $165 at Equal-Weight. Matthew Hedberg of RBC Capital bumped his from $200 to $210. Shrenik Kothari of Baird increased his from $220 to $230. Peter Weed of Barclays went from $192 to $200. Richard Poland of Wells Fargo nudged his from $210 to $215.
Six held the number they already had. Andres Sheppard of Cantor Fitzgerald stayed at $225, the highest of the six. John DiFucci of Guggenheim sat at $214. Kingsley Crane of Canaccord Genuity left his at $210. Shaul Eyal of TD Cowen kept $200, as did Catharine Trebnick of Rosenblatt. Gray Powell of BTIG reiterated Neutral without a figure.
Zscaler’s Analyst Coverage
Cikos has met 63.08 percent of his price targets, across 906 targets and ratings on 37 stocks. His targets take 115 days on average to be reached. AnaChart records 35 analysts on Zscaler over the last twelve months, at an average target of $212.36.
Asana Guides To $863.5 Million In Fiscal 2027 Revenue And Draws Seven Analyst Actions
Asana sells work management software, priced by subscription seat across several tiers. Its newer artificial intelligence products, AI Teammates, AI Studio and Asana Dash, are due to reach every paid tier in the fiscal third quarter. Revenue over the last twelve months was $828 million.
What Asana’s Fiscal Second Quarter Showed
Asana reported its second quarter on 3 September. Revenue was $216.4 million, 10 percent above the same quarter a year earlier. Non-GAAP operating income was $21.8 million, or 10 percent of revenue, against $14.0 million and 7 percent a year earlier. Adjusted free cash flow was $42.3 million, from $35.4 million.
Customers spending more than $100,000 a year reached 890, 16 percent more than a year earlier. The dollar-based net retention rate was 97 percent, which compares what existing customers spend now against what the same customers spent a year ago.
Full year guidance runs to revenue of $858.5 million to $863.5 million and non-GAAP earnings of $0.37 a share. Dan Rogers, the chief executive, said the core business “continues to strengthen, with improving retention”.
Asana’s Stock Price Target News Today
Seven desks acted on Friday and five of them moved a target higher. Taylor McGinnis of UBS carried hers from $8 to $10. Rob Oliver of Baird set his at $10, from $9. Rishi Jaluria of RBC Capital stepped his up from $8 to $9.50 at Sector Perform. Billy Fitzsimmons of Piper Sandler put his at $9, from $7. Lucky Schreiner of DA Davidson also finished at $9, from $8.
Two left their positions alone. Patrick Walravens of Citizens stood on $15, the highest target on the stock. Allan Verkhovski of BTIG reiterated Neutral without a figure.
Asana’s Analyst Coverage
Jaluria has reached all 16 of the price targets AnaChart records for him on Asana. They took 365 days on average. AnaChart records 11 analysts on Asana over the last twelve months, at an average target of $9.78.
Questions Readers Ask About These Numbers
Which desk moved a target furthest on Friday? Matthew Boss of JP Morgan, who took $59 off his Lululemon target. Mike Cikos of Needham made the largest raise, $35 onto Zscaler.
How long do Lululemon price targets take to be reached? AnaChart’s record puts the average at 189.75 days, and 78.01 percent of the targets set on the stock have been met.
Did any analyst change a rating? No. Not one of the thirty-four actions was an upgrade or a downgrade.
The previous session’s actions are in the 3 September update. The analyst price target dataset holds the underlying record for these analysts and tickers.
