13 Most Undervalued Retail Stocks to Invest In

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2. Lululemon Athletica Inc. (NASDAQ:LULU)

​Forward P/E: 13.66

Number of Hedge Fund Holders: 55

Lululemon Athletica Inc. (NASDAQ:LULU) is one of the most undervalued retail stocks to invest in. In a report released on October 1, Randal Konik from Jefferies reiterated a Sell rating on Lululemon Athletica Inc. (NASDAQ:LULU) and set a price target of $150.00.

Lululemon Athletica Inc. (NASDAQ:LULU) reported a 7% growth in revenue to $2.5 billion in fiscal Q2 2025, while comparable sales rose 1%. The company also reported a diluted EPS of $3.10.

Founded in 1988, Lululemon Athletica Inc. (NASDAQ:LULU) is a luxury athletic apparel, footwear, and accessories retailer. It sells leisure-athletic wear and accessories such as socks, bags, and yoga mats for fitness activities.

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