Lululemon AI Price Prediction

Financial Performance

Lululemon's financial performance has shown significant growth. The company reported revenue of $3.6B last quarter, representing an impressive increase of 50.7% from the previous quarter and a year-over-year growth of 63.5%. Gross profit reached $2.2B, up by 55.7% from the previous quarter and up by a substantial 71.1% year over year, indicating efficient cost management and strong sales performance. Operating income profit was at $1B, which is more than double compared to the previous quarter and increased by 125.6% year over year, demonstrating excellent operational efficiency.

Stock Price

The stock price currently stands at $177.62 with an increase of 11% in the last month but showing a decrease of -40.6% YoY, suggesting some volatility in stock performance over time.The RSI value is currently at 56.01 implying that it is neither oversold nor overbought while the stock's 200-day moving average is $270.64 indicating that it is trading below its long-term trend.

Alternative Data Signals

In terms of alternative data signals, Lululemon's web traffic shows healthy engagement with an estimated monthly visitor count of around thirty million which has risen by about seventeen percent MoM but decreased YoY by around a quarter which indicates mixed online presence trends for the brand.The number of mobile app downloads remains steady while job openings have seen a significant decline YoY.Social media followers show positive growth particularly on platforms like Instagram,TikTok,and Facebook.However,the Twitter follower count has seen a minor dip recently.Employees' business outlook remains largely positive although slightly lower than previous years.

Conclusion

Despite the stock's recent underperformance relative to its 200-day moving average, Lululemon has shown strong financial growth in terms of revenue, gross profit and operating income. The company's alternative data signals demonstrate a mixed picture with steady app downloads and increasing social media followership but a decline in job postings and web traffic YoY. Overall, the analysis is cautiously bullish on Lululemon's stock.