By Jabran Kundi

Lululemon Athletica Inc. (NASDAQ:LULU) is one of the 9 Stocks Big Short’s Michael Burry Is Betting On. Lululemon Athletica Inc (NASDAQ:LULU) stock continues its downtrend with no analyst optimism in sight, yet Michael Burry seems to have taken a liking to how undervalued the stock has become. Recent analyst commentary suggests little upside, with no upside target price revisions from any analyst. The two most recent analyst ratings from Bernstein and Piper Sandler, on April 27 and April 23, respectively, reiterate a Hold rating.

Lululemon Athletica Inc. (NASDAQ:LULU) is one of the 9 Stocks Big Short’s Michael Burry Is Betting On. Insider Monkey

Earlier, on April 20, Lululemon announced it had introduced an e-commerce channel in Mexico. This channel is enhancing its guest experience and also playing a key role in increasing LULU’s store locations in Mexico during fiscal year 2026. With the launch of Lululemon.mx, customers can now easily purchase LULU’s technical performance apparel, footwear, and accessories online. Making it easy for customers to shop anywhere. The company offers a variety of premium products for yoga, pilates, running, training, tennis, golf, and everyday movement for men and women.

With a focus on improving sales, the company plans to open approximately 15 stores across North America, including 8 in Mexico. LULU expects to open more than 30 stores in Mexico by the year-end.

Lululemon Athletica Inc. (NASDAQ:LULU) engages in the business of designing, distributing, and retailing technical athletic apparel, footwear, and accessories. The company offers a wide range of products, including tops, pants, jackets, shorts, and fitness-inspired accessories.

While we acknowledge the potential of LULU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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