Should I buy Lululemon stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Lululemon for over three years. Every month, tens of thousands of users in Singapore rely on us to interpret market trends and uncover the most promising investment opportunities. Our analyses are designed for informational purposes only and do not represent investment advice. In line with our ethical charter, we have never been, and will never be, compensated by Lululemon.

What is Lululemon?

How much is Lululemon stock?

The price of Lululemon stock is rising this week. As of now, LULU is trading at $282.43, reflecting a 24-hour increase of $6.74 (up 2.44%) and a robust 5.15% gain over the past week.

The company’s market capitalization stands at $33.93 billion, with an average 3-month daily trading volume of 2.33 million shares. Lululemon has a P/E ratio of 19.30 and does not currently offer a dividend yield.

The stock’s beta is 1.30, highlighting above-average volatility—investors in Singapore should note that while the fundamentals are strong, price swings may present both opportunities and risks.

Our full analysis on Lululemon stock

We have conducted a rigorous review of Lululemon Athletica’s latest financial results and the stock’s performance over the past three years, reinforced by a proprietary blend of fundamental metrics, technical indicators, market dynamics, and competitive benchmarking. Synthesizing data from diverse analytic frameworks and sector intelligence, our assessment highlights material developments that could reshape investor perceptions of this athletic apparel leader. So, why might Lululemon stock once again become a strategic entry point into the premium consumer and retail sector in 2025?

Recent Performance and Market Context

Lululemon’s share price currently stands at $282.43, reflecting a resilient +2.44% daily gain and a robust +5.15% advance over the past week. While the stock is down by -8.46% over six months and -18.28% year-on-year—a period marked by sector volatility and consumer sentiment headwinds—these price corrections have effectively reset the valuation baseline. Notably, this adjustment comes despite the company exceeding both top- and bottom-line expectations in its latest quarterly earnings.

Key recent events reaffirm management’s strategic execution and long-term focus. The acquisition of the Mexican operations in late 2024 added 14 company-operated stores, accelerating international footprint expansion. Lululemon also undertook significant share buybacks, repurchasing 5.1 million shares for $1.6 billion in 2024—evidence of board-level confidence in intrinsic value.

The macro backdrop is increasingly favourable. Global demand for premium, wellness-oriented lifestyle products in developed and developing markets remains robust. Within Asia-Pacific, and specifically Greater China, Lululemon posted 41% revenue growth in 2024—underscoring that international momentum is not only compensating for modest maturity in the Americas but actively shifting the company’s growth profile. For investors in Singapore, this international trajectory should seem especially compelling, positioned at the crossroads of Asia’s dynamic consumer markets.

Technical Analysis

From a technical perspective, Lululemon’s chart structure appears poised for a constructive rebound. The stock’s current price is above the 20-day moving average ($265.88), which often denotes short-term bullishness, particularly when paired with an RSI at 52.97—suggestive of stable, rather than overbought or oversold, conditions.

While broader technicals remain mixed—Lululemon trades below its 50-day, 100-day, and 200-day moving averages, with the recent ‘death cross’ highlighting a potentially conservative stance—support levels at $272.70, $269.70, and $267.49 have repeatedly contained selling pressure. Not coincidentally, the stock is now at the upper end of immediate resistance ($280.12–$283.12). Such clustering just below resistance, combined with improving short-term momentum and a neutral RSI, often foreshadows a new upward leg, especially when macro and company-specific catalysts converge. The MACD remains slightly negative but is less meaningful amid price stabilization, hinting that selling momentum may be waning.

The net technical structure suggests the stock may be transitioning from a period of corrective drift into the early formation of a bullish reversal, reinforcing the impression that entry at current levels could prove advantageous for both tacticians and patient investors.

Fundamental Analysis

Revenue Growth, Profitability, and Expansion

Lululemon’s fundamental narrative remains robust. The company delivered $10.6 billion in revenue for 2024—a 10% year-over-year increase—with Q4 revenue up a notable +13%. Full-year net income reached $1.81 billion, and diluted EPS expanded to $14.64. This margin discipline is particularly impressive amid inflationary pressures, reflecting the brand’s pricing power, disciplined cost structure, and premium market positioning.

Even more compelling is the qualitative growth story: international sales surged 34%, powered by exceptional performance in China, where revenues soared 41%. The “Power of Three ×2” strategy—aiming to double 2021 revenue to $12.5 billion by 2026—remains on track, and the latest acquisition in Mexico evidences management’s ability to execute on global growth vectors.

Attractive Valuation

Lululemon currently trades at a P/E ratio of 19.3, pricing in only moderate earnings growth relative to sector peers, despite superior returns and a much less cyclical international portfolio. With Wall Street consensus price targets of $367.16 (more than 30% above today’s price), valuation multiples seem to reflect one-off macro and regional concerns rather than lasting company-specific weaknesses. The absence of a dividend is consistent with a structured capital return policy focused on buybacks—aligning with shareholder value creation at this growth stage.

Structural Strength: Brand, Innovation, and Market Share

Lululemon stands as a template for brand resilience and innovation-led market share capture. It remains iconic in technical athletic wear, with ongoing investments in product innovation, the guest (customer) experience, and an omni-channel distribution model that has proven highly adaptive. In a competitive landscape increasingly shaped by digital transformation, Lululemon’s integration of e-commerce and physical retail ensures retail productivity, strong traffic, and high ticket sizes across core and emerging markets. These structural advantages should appeal to Singapore investors alert to trends in premium consumption and digital-first business models.

Volume and Liquidity

The stock benefits from strong institutional interest, as evidenced by its average daily trading volume of 2.33 million shares (3-month average). This liquidity not only facilitates efficient and dynamic price discovery, but also signals ongoing market confidence and an absence of crowd-driven overextension. The public float and active share buyback program create a supply/demand dynamic that is conducive to responsive valuation shifts—especially as new catalysts approach. For globally-minded Singapore investors, the liquidity profile removes friction from tactical and strategic allocation decisions, further supporting a positive outlook.

Catalysts and Positive Outlook

Multiple powerful catalysts position Lululemon for upside re-rating in 2025 and beyond:

• International Expansion: Breakneck growth in China Mainland and sustained international sales gains signal a structural shift from North American saturation to high-potential, underpenetrated growth markets.
• Product Innovation: Ongoing rollouts in men’s, footwear, and accessories segments, plus expansion of digital and re-commerce initiatives, drive higher ARPU (average revenue per user) and market share capture.
• Strategic Capital Allocation: The recent Mexico acquisition, alongside robust buybacks, shows that management is methodically unlocking value, with further M&A or partnerships remaining plausible upside levers.
• ESG & Sustainability: Lululemon’s commitments to responsible supply chains and sustainability practices resonate with increasingly values-driven consumers—an underappreciated driver of premium brand affinity in Asia-Pacific.
• Positive Earnings Momentum: The company exceeded expectations in the latest quarter, with management guiding for 5-7% revenue growth and EPS of $14.95–$15.15 in fiscal 2025. This growth, in combination with margin discipline, suggests a platform for further upward earnings revisions.
• Favorable Sector Tailwinds: The global health, wellness, and athleisure megatrend remains intact, supported by reopening and rising discretionary spending in Asia.

Collectively, these catalysts create an environment where positive earnings surprises, further international news flow, or technical breakouts could unlock substantial further upside.

Investment Strategies

Lululemon presents compelling arguments for a range of investors and trading styles:

• Short-term traders may identify a clear technical inflection point, as the price nears a cluster of resistance with an improving trend and volume, positioning for a potential breakout.
• Medium-term investors will note that valuation multiples do not reflect the underlying momentum in international growth, nor management’s ability to engineer accretive capital deployment and market share wins.
• Long-term investors find the current price represents a significant discount to intrinsic value, given the long runway in China, digital transformation, and continuous brand expansion. The share’s historical volatility—attributable to broader macro cycles rather than intrinsic weaknesses—offers astute allocators an attractive entry at technical and sentiment lows.

Moreover, the stock appears to be ideally positioned at a potential technical trough and with catalysts on the immediate horizon—an advantageous entry zone for diverse styles of risk-adjusted positioning.

Is it the Right Time to Buy Lululemon?

A synthesis of fundamental resilience, international tailwind, management execution, and technical stabilization points to renewed optimism for Lululemon stock. The company’s growth story is not only intact: it is accelerating where it matters most for global investors—Asia-Pacific. Strong trading volumes, compelling valuation, and an abundance of supportive structural and tactical signals all suggest that Lululemon may well be entering a new bullish phase. Singapore-based investors seeking exposure to world-class consumer brands and dynamic international stories could find Lululemon worthy of closer attention as global momentum converges with sound valuation and forward-looking strategy.

In summary, the fundamentals justify renewed interest and the current context seems to represent an excellent opportunity at a relative technical and strategic low. For those prepared to capitalize on secular trends, market confidence, and Lululemon’s proven formula for innovation and expansion, the stock stands out as a powerful candidate on the cusp of renewed outperformance.

How to buy Lululemon stock in Singapore?

Buying Lululemon stock online from Singapore is both simple and secure when you use a regulated brokerage platform. You can choose between two popular investment methods: spot buying, where you buy real shares and become a shareholder, or trading Contracts for Difference (CFDs), which allows you to speculate on Lululemon’s price movements without owning the underlying shares. Each option has unique features and costs. To help you pick the platform that best suits your needs, a detailed broker comparison is provided further down this page.

Spot buying

A cash, or spot, purchase means you buy actual Lululemon (LULU) shares listed on the NASDAQ, becoming a direct shareholder. Your shares are securely held in your brokerage account, and you benefit from any price appreciation. Typical fees for Singapore investors include a fixed commission of around SGD 5–10 per trade, depending on the broker. For example, if Lululemon shares are priced at USD 282.43, and the SGD/USD exchange rate is 1.35, one share costs roughly SGD 381.30. With SGD 1,350 (about USD 1,000), you could buy approximately 3 shares, accounting for a SGD 7 brokerage fee.

Example

Gain scenario:
If Lululemon’s share price rises by 10%, your shares are then worth SGD 1,485 (up from SGD 1,350).
Result: +SGD 135 gross gain, equivalent to +10% on your investment.

Trading via CFD

CFD (Contract for Difference) trading lets you speculate on Lululemon’s share price without actually owning the stock. Instead, you enter an agreement with your broker over the price difference between when you open and close your position. CFD trading involves a spread (the difference between buy and sell price) and, if you hold positions overnight, overnight financing fees. Most brokers offer leverage, amplifying your potential gains—and losses. For instance, with a SGD 1,350 (USD 1,000) deposit and 5x leverage, you control SGD 6,750 (USD 5,000) worth of Lululemon stock.

Example

Gain scenario:
If the Lululemon share price increases by 8%, your position gains 8% × 5 = 40%.
Result: +SGD 540 gain on a SGD 1,350 stake (excluding spreads and overnight fees).

Final advice

Before investing, it is crucial to compare brokers’ fees, platforms, and terms. Spot buying is ideal for those seeking long-term ownership, while CFD trading suits investors aiming for short-term speculation with leverage. The best method depends on your investment objectives, risk tolerance, and time horizon. For a clear comparison of leading Singapore brokers offering Lululemon shares, see the table further down this page.

Our 7 tips for buying Lululemon stock

The latest news about Lululemon

Lululemon’s strong international growth continues, with Asia Pacific a key focus in 2024.
Recent company disclosures reveal that Lululemon achieved a 34% increase in international revenues in 2024, substantially outpacing the 4% growth reported in the Americas, and notably, the Asia Pacific region was highlighted as an essential driver. China Mainland posted +41% revenue growth, and while country-by-country Asia Pacific breakdowns were not released, management reiterated the region’s strategic importance for expansion, including Singapore, where Lululemon operates multiple retail stores and an active local e-commerce presence. This targeted expansion aligns well with affluent and wellness-oriented consumer trends in Singapore, indicating material relevance for local investors.

Lululemon exceeded Q4 and full-year 2024 financial expectations, further boosting confidence in underlying fundamentals.
The company reported $3.6 billion in Q4 2024 revenue (+13% year-over-year) and net income of $748.4 million, resulting in a diluted EPS of $6.14; both top-line and bottom-line results came in above analyst forecasts. For the full fiscal year, Lululemon delivered $10.6 billion in revenue (+10%) and $1.81 billion in net income, reinforcing the brand’s resilience and operational strength even amidst global economic headwinds. This robust, expectation-beating performance is particularly meaningful for Singapore-based investors seeking fundamentally sound global consumer names.

Lululemon’s management reaffirmed their “Power of Three ×2” growth strategy and promising fiscal 2025 outlook.
In its latest investor communications, the company confirmed it remains on track with its multi-year plan to double 2021 revenue to $12.5 billion by 2026, underscored by strong progress in product innovation and international expansion. For fiscal 2025, Lululemon is guiding to 5–7% revenue growth and an EPS range of $14.95–$15.15, reinforcing a positive longer-term investment narrative. To Singaporean analysts, these projections provide strategic clarity, especially as international segments become a larger share of sales.

Lululemon’s share price rebounded over 5% in the past week, signalling improved market sentiment.
Amid a challenging year-to-date trajectory, shares have rallied by 5.15% over the past five trading days, closing May 9 at $282.43. This performance outpaced major apparel peers and occurred in the wake of recent quarterly results, suggesting market participants are responding positively to the company’s operational execution and future growth prospects. The recovery in stock price—despite subdued broader apparel sector sentiment—offers a constructive signal for regional investors monitoring U.S.-listed equities from Singapore.

Lululemon continues to deepen its retail footprint and brand recognition in Singapore and Asia.
Industry reports and local news confirm Lululemon’s ongoing commitment to Singapore, with its flagship outlets at ION Orchard and Marina Bay Sands consistently featuring new product launches and fitness community events tailored to the city-state’s diverse consumers. Additionally, the company is leveraging regional marketing partnerships and digital channels to drive engagement, while Singapore’s pro-business environment and robust e-commerce infrastructure remain advantageous for further expansion. This local presence provides tangible relevance to Singaporean investors, reinforcing Lululemon’s potential as a compelling international growth story.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.