Lululemon Athletica Inc. (NASDAQ: LULU) is considered one of the most undervalued Canadian stocks. Wells Fargo analyst lowered the price target to $225 from $270, citing concerns about US sales, China growth, and margin headwinds.

In Q1 2025, Lululemon’s net revenue increased by 7% to $2.4 billion, with diluted EPS at $2.60. Americas’ net revenue rose by 3%, while international net revenue surged by 19%. The company added 3 new stores, totaling 770, and projects Q2 2025 revenue to grow by 7-8%.

Lululemon designs and sells athletic apparel globally. The company plans to expand its physical presence and expects revenue growth in the upcoming quarter. Despite being undervalued, investment in AI stocks may offer better potential upside and less risk.

Read more at Yahoo Finance: Wells Fargo Lowers Lululemon (LULU) PT to $225, Cites US, China Concerns