Lululemon announced its first-ever NFL apparel collection on Oct. 27, sending shares up ~5% in premarket trading reuters.com. Founder Chip Wilson publicly called for a board overhaul and hinted at activist involvement au.investing.com. Major analysts have cut their targets on weak U.S. trends intellectia.ai intellectia.ai. The stock closed around $178.17 on Oct. 24 stockanalysis.com and jumped toward ~$189 by Oct. 27 pre-market. Lululemon’s P/E is only ~12×, well below the luxury retail norm, suggesting it may be heavily undervalued simplywall.st nasdaq.com.