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Ulta Beauty (ULTA) Stock Forecast, Price Target & Predictions

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ULTA Stock Forecast

Ulta Beauty stock forecast is as follows: an average price target of $427.50 (represents a -0.58% downside from ULTA’s last price of $430.01) and a rating consensus of 'Hold', based on 19 wall street analysts offering a 1-year stock forecast.

ULTA Price Target

The average price target for Ulta Beauty (ULTA) is $427.50 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $505.00 to $345.00. This represents a potential -0.58% downside from ULTA's last price of $430.01.

ULTA Analyst Ratings

Hold

According to 19 Wall Street analysts, Ulta Beauty's rating consensus is 'Hold'. The analyst rating breakdown for ULTA stock is 1 'Strong Buy' (5.26%), 6 'Buy' (31.58%), 11 'Hold' (57.89%), 1 'Sell' (5.26%), and 0 'Strong Sell' (0.00%).

Ulta Beauty Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Anthony ChukumbaLoop Capital Markets$480.00$424.0013.21%11.63%
Dec 05, 2024Mark AltschwagerRobert W. Baird$440.00$399.8110.05%2.32%
Oct 17, 2024Simeon SiegelBMO Capital$385.00$372.013.49%-10.47%
Oct 17, 2024Korinne WolfmeyerPiper Sandler$357.00$373.21-4.34%-16.98%
Oct 17, 2024Mark AstrachanStifel Nicolaus$395.00$373.215.84%-8.14%
Oct 16, 2024Michael BakerD.A. Davidson$435.00$360.3620.71%1.16%
Oct 14, 2024Olivia TongRaymond James$440.00$370.5818.73%2.32%
Oct 11, 2024Korinne WolfmeyerPiper Sandler$365.00$371.08-1.64%-15.12%
Sep 03, 2024Anthony ChukumbaLoop Capital Markets$450.00$360.8624.70%4.65%
Aug 30, 2024Kate McShaneGoldman Sachs$398.00$351.9613.08%-7.44%
Aug 30, 2024Michael BinettiEvercore ISI$420.00$367.5814.26%-2.33%
Aug 30, 2024Rupesh ParikhOppenheimer$435.00$367.5818.34%1.16%
Aug 30, 2024Mark AstrachanStifel Nicolaus$385.00$367.584.74%-10.47%
Aug 30, 2024Michael LasserUBS$505.00$367.5837.39%17.44%
Aug 30, 2024Kelly CragoCitigroup$345.00$367.58-6.14%-19.77%
Aug 28, 2024Christopher HorversJ.P. Morgan$450.00$366.8222.68%4.65%
Aug 27, 2024Susan AndersonCanaccord Genuity$500.00$371.1834.71%16.28%
Aug 26, 2024Michael BinettiEvercore ISI$430.00$374.4514.84%-0.00%
Aug 23, 2024Mark AltschwagerRobert W. Baird$485.00$377.0428.63%12.79%
Aug 23, 2024Kelly CragoCitigroup$375.00$374.260.20%-12.79%
Jul 15, 2024Rupesh ParikhOppenheimer$450.00$412.948.97%4.65%
Jun 03, 2024Anthony ChukumbaLoop Capital Markets$520.00$395.0931.62%20.93%
May 31, 2024Kate McShaneGoldman Sachs$475.00$390.0121.79%10.46%
May 31, 2024Lorraine HutchinsonDNB Markets$425.00$390.018.97%-1.17%
May 31, 2024Dana TelseyTelsey Advisory$500.00$390.0128.20%16.28%
May 31, 2024Simeon SiegelLoop Capital Markets$500.00$390.0128.20%16.28%
May 31, 2024Simeon SiegelBMO Capital$500.00$384.1530.16%16.28%
May 31, 2024Korinne WolfmeyerPiper Sandler$498.00$384.1429.64%15.81%
May 30, 2024Adrienne YihBarclays$434.00$387.9311.88%0.93%
May 29, 2024Susan AndersonCanaccord Genuity$522.00$381.1336.96%21.39%
May 29, 2024Mark AltschwagerRobert W. Baird$525.00$381.1337.75%22.09%
May 20, 2024Korinne WolfmeyerPiper Sandler$505.00$399.5626.39%17.44%
May 16, 2024Michael LasserUBS$550.00$403.4136.34%27.90%
May 14, 2024Mark AstrachanStifel Nicolaus$475.00$403.9617.59%10.46%
May 07, 2024Rupesh ParikhOppenheimer$475.00$394.8820.29%10.46%
Apr 19, 2024Ashley HelgansJefferies$438.00$425.113.03%1.86%
Apr 10, 2024Ashley HelgansJefferies$585.00$454.8028.63%36.04%
Apr 09, 2024Korinne WolfmeyerPiper Sandler$595.00$452.7831.41%38.37%
Apr 08, 2024Anthony ChukumbaLoop Capital Markets$240.00$444.75-46.04%-44.19%
Apr 08, 2024Anthony ChukumbaLoop Capital Markets$540.00$444.7521.42%25.58%
Apr 08, 2024Kate McShaneGoldman Sachs$605.00$444.7536.03%40.69%
Apr 04, 2024Rupesh ParikhOppenheimer$500.00$439.9813.64%16.28%
Apr 04, 2024Krisztina KataiDeutsche Bank$564.00$439.9828.19%31.16%
Apr 03, 2024Olivia TongRaymond James$610.00$444.9837.08%41.86%
Mar 15, 2024Mark AstrachanStifel Nicolaus$565.00$535.985.41%31.39%
Mar 15, 2024Simeon SiegelBMO Capital$540.00$535.980.75%25.58%
Mar 15, 2024Ike BoruchowWells Fargo$450.00$535.98-16.04%4.65%
Mar 15, 2024Krisztina KataiDeutsche Bank$636.00$535.9818.66%47.90%
Mar 15, 2024Michael BinettiEvercore ISI$630.00$535.9817.54%46.51%
Mar 15, 2024Korinne WolfmeyerPiper Sandler$665.00$535.9824.07%54.65%
Mar 15, 2024Michael BakerD.A. Davidson$595.00$535.9811.01%38.37%
Mar 14, 2024Rupesh ParikhOppenheimer$525.00$567.46-7.48%22.09%
Mar 14, 2024Michael LasserUBS$690.00$567.4621.60%60.46%
Mar 14, 2024Christopher HorversJ.P. Morgan$600.00$567.465.74%39.53%
Mar 14, 2024Mark AltschwagerRobert W. Baird$560.00$567.46-1.31%30.23%
Mar 12, 2024Susan AndersonCanaccord Genuity$647.00$555.5716.46%50.46%
Dec 01, 2023Korinne WolfmeyerPiper Sandler$572.00$475.2520.36%33.02%
Dec 01, 2023Simeon SiegelLoop Capital Markets$485.00$475.252.05%12.79%
Aug 22, 2023Rupesh ParikhOppenheimer$540.00$429.3825.76%25.58%
Mar 28, 2023Susan AndersonCanaccord Genuity$622.00$531.7916.96%44.65%
Mar 10, 2023Simeon SiegelLoop Capital Markets$510.00$525.28-2.91%18.60%
Mar 10, 2023Dana TelseyTelsey Advisory$600.00$525.2814.22%39.53%
Mar 10, 2023Michael BinettiCredit Suisse$580.00$525.2810.42%34.88%
Jan 06, 2023Wells Fargo$400.00$488.94-18.19%-6.98%
Dec 12, 2022Goldman Sachs$508.00$469.068.30%18.14%
Dec 05, 2022Morgan Stanley$445.00$471.33-5.59%3.49%
Dec 05, 2022Barclays$548.00$471.3316.27%27.44%
Dec 02, 2022UBS$590.00$470.6725.35%37.21%
Dec 02, 2022Wells Fargo$450.00$474.22-5.11%4.65%
Dec 02, 2022Oppenheimer$535.00$472.5313.22%24.42%
Dec 02, 2022Piper Sandler$570.00$472.5320.63%32.56%
Dec 02, 2022Telsey Advisory$575.00$472.5321.69%33.72%
Nov 29, 2022Piper Sandler$525.00$457.2414.82%22.09%
Aug 26, 2022Olivia TongRaymond James$505.00$413.1322.24%17.44%
Aug 26, 2022Oliver ChenCredit Suisse$480.00$419.2514.49%11.63%
Aug 26, 2022Dana TelseyTelsey Advisory$510.00$419.2521.65%18.60%
Aug 26, 2022Korinne WolfmeyerPiper Sandler$510.00$419.2521.65%18.60%
Jun 15, 2022Michael BakerD.A. Davidson$490.00$401.1222.16%13.95%
May 27, 2022Stephanie WissinkJefferies$475.00$425.0811.74%10.46%
Apr 19, 2022Piper Sandler$465.00$429.308.32%8.14%
Mar 17, 2022Oliver ChenCowen & Co.$480.00$387.3123.93%11.63%
Mar 11, 2022Lorraine HutchinsonBank of America Securities$410.00$368.5111.26%-4.65%
Mar 11, 2022Omar SaadEvercore ISI$500.00$368.5135.68%16.28%
Mar 11, 2022Stephanie WissinkJefferies$400.00$368.518.55%-6.98%
Mar 10, 2022Mark AltschwagerRobert W. Baird$450.00$379.3718.62%4.65%
Mar 07, 2022Rupesh ParikhOppenheimer$470.00$350.8433.96%9.30%
Jan 28, 2022Kelly CragoCitigroup$393.00$358.839.52%-8.61%
Dec 03, 2021Simeon SiegelBMO Capital$365.00$378.81-3.65%-15.12%
Dec 03, 2021Kelly CragoCitigroup$430.00$378.8113.51%-0.00%
Dec 03, 2021Krisztina KataiDeutsche Bank$506.00$378.8133.58%17.67%
Dec 03, 2021Mark AstrachanStifel Nicolaus$435.00$378.8114.83%1.16%
Dec 03, 2021Olivia TongRaymond James$485.00$378.8128.03%12.79%
Dec 03, 2021Oliver ChenCredit Suisse$455.00$378.8120.11%5.81%
Dec 03, 2021Erinn MurphyPiper Sandler$475.00$378.8125.39%10.46%
Dec 03, 2021Michael LasserUBS$475.00$378.8125.39%10.46%
Oct 20, 2021Simeon GutmanMorgan Stanley$420.00$358.1517.27%-2.33%
Sep 17, 2021Anthony ChukumbaLoop Capital Markets$400.00$379.055.53%-6.98%
Aug 27, 2021Kate McShaneGoldman Sachs$499.00$387.2328.86%16.04%
Aug 26, 2021Dana TelseyTelsey Advisory$475.00$388.6822.21%10.46%

The latest Ulta Beauty stock forecast, released on Dec 09, 2024 by Anthony Chukumba from Loop Capital Markets, set a price target of $480.00, which represents a 13.21% increase from the stock price at the time of the forecast ($424.00), and a 11.63% increase from ULTA last price ($430.01).

Ulta Beauty Price Target by Period

1M3M12M
# Anlaysts2856
Avg Price Target$460.00$412.13$493.02
Last Closing Price$430.01$430.01$430.01
Upside/Downside6.97%-4.16%14.65%

In the current month, the average price target of Ulta Beauty stock is $460.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 6.97% increase as opposed to Ulta Beauty's last price of $430.01. This month's average price target is up 11.62% compared to last quarter, and down -6.70% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024Loop Capital MarketsBuyBuyHold
Nov 29, 2024CitigroupNeutralNeutralHold
Oct 17, 2024Bank of America SecuritiesNeutralNeutralHold
Oct 17, 2024BMO CapitalMarket PerformMarket PerformHold
Oct 17, 2024Loop Capital MarketsBuyBuyHold
Oct 16, 2024CitigroupNeutralNeutralHold
Oct 14, 2024Raymond JamesOutperformOutperformHold
Oct 11, 2024Piper SandlerNeutralNeutralHold
Oct 03, 2024UBSUnderperformUnderperformHold
Oct 03, 2024Wells FargoMarket PerformMarket PerformHold
Oct 03, 2024Cowen & Co.HoldHoldHold
Oct 01, 2024Wells FargoUnderweightUnderweightHold
Sep 23, 2024Cowen & Co.BuyHoldDowngrade
Sep 10, 2024Wells FargoMarket PerformMarket PerformHold
Sep 09, 2024B. RileySellInitialise
Sep 03, 2024Loop Capital MarketsBuyBuyHold
Aug 30, 2024BMO CapitalPerformPerformHold
Aug 30, 2024Goldman SachsNeutralNeutralHold
Aug 30, 2024Cowen & Co.BuyBuyHold
Aug 30, 2024OppenheimerOutperformOutperformHold
Aug 30, 2024UBSBuyBuyHold
Aug 30, 2024BarclaysEqual-WeightEqual-WeightHold
Aug 27, 2024Canaccord GenuityBuyBuyHold
Aug 26, 2024Evercore ISIOutperformOutperformHold
Aug 23, 2024CitigroupNeutralNeutralHold
Aug 19, 2024Telsey AdvisoryUnderperformUnderperformHold
Aug 19, 2024Wells FargoMarket PerformMarket PerformHold
Aug 19, 2024Cleveland ResearchNeutralDowngrade
Aug 09, 2024OTR GlobalPositiveMixedDowngrade
Jul 24, 2024Piper SandlerOverweightNeutralDowngrade
Jul 15, 2024OppenheimerOutperformOutperformHold
Jun 28, 2024Telsey AdvisoryUnderperformUnderperformHold
Jun 28, 2024Wells FargoMarket PerformMarket PerformHold
Jun 03, 2024Loop Capital MarketsBuyBuyHold
May 31, 2024BMO CapitalPerformPerformHold
May 31, 2024Goldman SachsNeutralNeutralHold
May 31, 2024Cowen & Co.BuyBuyHold
May 31, 2024BMO CapitalMarket PerformMarket PerformHold
May 31, 2024Evercore ISIOutperformOutperformHold
May 30, 2024BarclaysOverweightEqual-WeightDowngrade
May 30, 2024OppenheimerOutperformOutperformHold
May 30, 2024CitigroupHoldHoldHold
May 29, 2024Canaccord GenuityBuyBuyHold
May 28, 2024Bank of America SecuritiesNeutralNeutralHold
May 24, 2024CitigroupNeutralNeutralHold
May 20, 2024Piper SandlerOverweightOverweightHold
May 16, 2024UBSBuyBuyHold
May 14, 2024Wells FargoMarket PerformMarket PerformHold
May 14, 2024UBSUnderperformUnderperformHold
May 07, 2024OppenheimerOutperformOutperformHold
Apr 19, 2024JefferiesHoldCautiousDowngrade
Apr 18, 2024JefferiesBuyHoldDowngrade
Apr 09, 2024Piper SandlerOverweightOverweightHold
Apr 08, 2024Goldman SachsNeutralNeutralHold
Apr 04, 2024UBSUnderperformUnderperformHold
Apr 04, 2024Wells FargoMarket PerformMarket PerformHold
Apr 04, 2024OppenheimerOutperformOutperformHold
Apr 04, 2024Deutsche BankBuyBuyHold
Apr 03, 2024UBSBuyBuyHold
Apr 03, 2024Evercore ISIOutperformOutperformHold
Apr 03, 2024Raymond JamesOutperformOutperformHold
Mar 15, 2024BarclaysOverweightOverweightHold
Mar 15, 2024Piper SandlerOverweightOverweightHold
Mar 14, 2024OppenheimerOutperformOutperformHold
Mar 11, 2024Telsey AdvisoryUnderperformUnderperformHold
Mar 11, 2024UBSBuyBuyHold
Feb 14, 2024UBSUnderperformUnderperformHold
Feb 14, 2024Wells FargoBuyBuyHold
Feb 12, 2024OTR GlobalPositiveUpgrade
Dec 01, 2023CitigroupNeutralNeutralHold
Dec 01, 2023Piper SandlerOverweightOverweightHold
Dec 01, 2023BMO CapitalPerformPerformHold
Aug 25, 2023Telsey AdvisoryOutperformOutperformHold
Aug 25, 2023Wells FargoOutperformOutperformHold
Aug 25, 2023Deutsche BankBuyBuyHold
Aug 25, 2023Raymond JamesStrong BuyStrong BuyHold
Aug 22, 2023OppenheimerOutperformOutperformHold
Jun 13, 2023Loop Capital MarketsHoldBuyUpgrade
May 30, 2023BarclaysOverweightOverweightHold
May 22, 2023Telsey AdvisoryOutperformOutperformHold
Mar 28, 2023Canaccord GenuityBuyInitialise
Mar 10, 2023Loop Capital MarketsHoldHoldHold
Mar 10, 2023BMO CapitalPerformPerformHold
Mar 10, 2023BMO CapitalMarket PerformMarket PerformHold
Mar 10, 2023BarclaysOverweightOverweightHold
Mar 10, 2023Telsey AdvisoryOutperformOutperformHold
Jan 06, 2023Wells FargoEqual-WeightUnderweightDowngrade
Dec 12, 2022Goldman SachsOutperformNeutralDowngrade
Dec 05, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Dec 05, 2022BarclaysOverweightOverweightHold
Dec 02, 2022UBSBuyBuyHold
Dec 02, 2022Wells FargoEqual-WeightEqual-WeightHold
Dec 02, 2022OppenheimerOutperformOutperformHold
Dec 02, 2022Telsey AdvisoryOutperformOutperformHold
Nov 29, 2022Piper SandlerOverweightOverweightHold
Sep 07, 2022CFRAStrong BuyUpgrade
Aug 29, 2022BarclaysOverweightOverweightHold
Aug 26, 2022Goldman SachsOutperformOutperformHold
Aug 26, 2022UBSBuyBuyHold
Aug 26, 2022Credit SuisseHoldHoldHold
Aug 26, 2022Raymond JamesStrong BuyStrong BuyHold
Aug 26, 2022Piper SandlerOverweightOverweightHold
Aug 26, 2022Telsey AdvisoryOutperformOutperformHold
Aug 26, 2022Deutsche BankBuyBuyHold
Aug 22, 2022Telsey AdvisoryMarket PerformMarket PerformHold
Aug 15, 2022OppenheimerOutperformOutperformHold
May 27, 2022JefferiesBuyUpgrade
Apr 10, 2022Piper SandlerOverweightOverweightHold
Feb 27, 2022OppenheimerOutperformOutperformHold
Dec 03, 2021Raymond JamesOutperformOutperformHold
Dec 03, 2021Deutsche BankBuyBuyHold
Jul 17, 2021Raymond JamesMarket OutperformUpgrade

Ulta Beauty's last stock rating was published by Loop Capital Markets on Dec 09, 2024. The company gave ULTA a "Buy" rating, the same as its previous rate.

Ulta Beauty Financial Forecast

Ulta Beauty Revenue Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
Revenue------------$3.55B----------$1.94B--$1.23B$1.17B$2.31B$1.68B
Avg Forecast$3.66B$2.74B$2.77B$2.94B$3.54B$2.63B$2.65B$2.80B$3.39B$2.50B$2.60B$2.72B$3.53B$2.47B$2.50B$2.62B$3.03B$2.21B$2.21B$2.12B$2.69B$1.89B$1.77B$1.65B$2.08B$1.56B$1.25B$1.23B$2.29B$1.69B
High Forecast$3.78B$2.83B$2.86B$3.04B$3.65B$2.71B$2.74B$2.90B$3.50B$2.52B$2.61B$2.72B$3.53B$2.51B$2.58B$2.71B$3.13B$2.28B$2.32B$2.23B$2.83B$1.99B$1.86B$1.74B$2.19B$1.64B$1.31B$1.30B$2.41B$1.78B
Low Forecast$3.58B$2.68B$2.71B$2.88B$3.46B$2.57B$2.59B$2.74B$3.33B$2.47B$2.59B$2.72B$3.53B$2.42B$2.45B$2.56B$2.96B$2.15B$2.15B$2.06B$2.62B$1.83B$1.71B$1.61B$2.02B$1.52B$1.21B$1.20B$2.23B$1.64B
# Analysts9139913881418181789168891377914881014881013
Surprise %------------1.01%----------1.17%--0.98%0.95%1.01%1.00%

Ulta Beauty's average Quarter revenue forecast for May 24 based on 8 analysts is $2.72B, with a low forecast of $2.72B, and a high forecast of $2.72B. ULTA's average Quarter revenue forecast represents a -23.38% decrease compared to the company's last Quarter revenue of $3.55B (Feb 24).

Ulta Beauty EBITDA Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts9139913881418181789168891377914881014881013
EBITDA------------$582.77M----------$375.92M--$171.67M$14.23M$364.15M$242.04M
Avg Forecast$575.66M$431.94M$436.33M$463.25M$556.89M$413.79M$417.15M$441.41M$534.58M$393.25M$409.34M$434.35M$555.90M$388.81M$393.84M$394.86M$168.02M$365.21M$364.49M$358.96M$444.14M$311.45M$291.05M$177.97M$343.70M$257.89M$205.92M$349.37M$378.11M$278.68M
High Forecast$594.61M$446.16M$450.69M$478.50M$575.22M$427.41M$430.88M$455.93M$551.87M$396.41M$411.16M$521.21M$556.38M$395.10M$406.81M$473.83M$201.63M$375.68M$383.31M$430.76M$467.07M$327.53M$306.08M$213.56M$361.45M$271.20M$216.55M$419.24M$397.63M$293.07M
Low Forecast$563.09M$422.51M$426.80M$453.14M$544.73M$404.76M$408.05M$431.77M$523.57M$388.52M$407.52M$347.48M$555.43M$380.94M$385.25M$315.89M$134.42M$354.78M$354.02M$287.17M$431.38M$302.50M$282.69M$142.37M$333.83M$250.48M$200.00M$279.49M$367.25M$270.67M
Surprise %------------1.05%----------2.11%--0.83%0.04%0.96%0.87%

8 analysts predict ULTA's average Quarter EBITDA for May 24 to be $434.35M, with a high of $521.21M and a low of $347.48M. This is -25.47% lower than Ulta Beauty's previous annual EBITDA (Feb 24) of $582.77M.

Ulta Beauty Net Income Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts9139913881418181789168891377914881014881013
Net Income------------$394.37M----------$230.29M--$8.05M$-78.51M$222.72M$129.75M
Avg Forecast$352.35M$266.20M$280.29M$320.02M$318.42M$232.22M$243.86M$289.22M$317.23M$213.30M$256.43M$286.68M$354.51M$233.38M$275.04M$260.62M$103.78M$197.86M$237.54M$236.93M$218.47M$118.27M$121.77M$103.55M$111.66M$71.07M$2.75M$213.17M$177.77M$101.40M
High Forecast$367.43M$277.59M$292.29M$333.72M$332.05M$242.16M$254.30M$301.59M$334.55M$222.37M$258.61M$344.02M$354.70M$244.67M$286.81M$312.74M$124.53M$205.23M$253.48M$284.31M$233.13M$126.20M$129.94M$124.26M$119.16M$75.84M$2.93M$255.80M$189.70M$108.20M
Low Forecast$342.35M$258.65M$272.34M$310.94M$309.39M$225.63M$236.94M$281.01M$247.43M$197.08M$254.25M$229.34M$354.32M$223.49M$267.24M$208.50M$83.02M$190.51M$228.67M$189.54M$210.31M$113.85M$117.22M$82.84M$107.49M$68.42M$2.65M$170.53M$171.13M$97.61M
Surprise %------------1.11%----------2.22%--2.93%-0.37%1.25%1.28%

Ulta Beauty's average Quarter net income forecast for May 24 is $286.68M, with a range of $229.34M to $344.02M. ULTA's average Quarter net income forecast represents a -27.31% decrease compared to the company's last Quarter net income of $394.37M (Feb 24).

Ulta Beauty SG&A Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts9139913881418181789168891377914881014881013
SG&A------------$820.36M----------$443.88M--$271.59M$380.91M$515.54M$449.20M
Avg Forecast$884.16M$663.43M$670.16M$711.52M$855.34M$635.55M$640.71M$677.96M$821.07M$604.01M$628.72M$643.94M$853.82M$597.18M$604.91M$585.40M$242.66M$535.68M$534.63M$532.18M$651.46M$456.83M$426.91M$310.45M$504.14M$378.27M$302.03M$493.43M$554.61M$408.76M
High Forecast$913.27M$685.27M$692.22M$734.94M$883.49M$656.47M$661.80M$700.28M$847.63M$608.86M$631.51M$772.72M$854.55M$606.85M$624.82M$702.48M$291.19M$551.04M$562.23M$638.61M$685.09M$480.41M$448.95M$372.54M$530.16M$397.80M$317.63M$592.11M$583.24M$429.87M
Low Forecast$864.87M$648.95M$655.53M$695.99M$836.67M$621.68M$626.73M$663.17M$804.17M$596.73M$625.92M$515.15M$853.09M$585.09M$591.71M$468.32M$194.13M$520.38M$519.27M$425.74M$632.74M$443.71M$414.65M$248.36M$489.65M$367.40M$293.36M$394.74M$538.67M$397.02M
Surprise %------------0.96%----------1.43%--0.90%0.77%0.93%1.10%

Ulta Beauty's average Quarter SG&A projection for May 24 is $643.94M, based on 8 Wall Street analysts, with a range of $515.15M to $772.72M. The forecast indicates a -21.51% fall compared to ULTA last annual SG&A of $820.36M (Feb 24).

Ulta Beauty EPS Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts9139913881418181789168891377914881014881013
EPS------------$8.13----------$4.13--$0.14$-1.39$3.91$2.25
Avg Forecast$7.48$5.65$5.95$6.80$6.76$4.93$5.18$6.14$6.74$4.53$5.45$6.25$7.53$4.96$5.84$6.83$5.70$4.15$4.98$4.46$4.58$2.48$2.55$1.99$2.34$1.49$0.06$0.58$3.73$2.13
High Forecast$7.80$5.89$6.21$7.09$7.05$5.14$5.40$6.40$7.10$4.72$5.49$6.25$7.53$5.20$6.09$7.13$5.94$4.31$5.32$4.76$4.89$2.65$2.73$2.13$2.50$1.59$0.06$0.62$3.98$2.27
Low Forecast$7.27$5.49$5.78$6.60$6.57$4.79$5.03$5.97$5.25$4.18$5.40$6.25$7.52$4.75$5.67$6.64$5.54$4.00$4.80$4.29$4.41$2.39$2.46$1.92$2.26$1.44$0.06$0.56$3.59$2.05
Surprise %------------1.08%----------2.07%--2.43%-2.40%1.05%1.06%

According to 8 Wall Street analysts, Ulta Beauty's projected average Quarter EPS for May 24 is $6.25, with a low estimate of $6.25 and a high estimate of $6.25. This represents a -23.08% decrease compared to ULTA previous annual EPS of $8.13 (Feb 24).

Ulta Beauty Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BBYBest Buy$87.48$99.8914.19%Buy
DKSDICK'S Sporting Goods$225.97$245.298.55%Buy
AZOAutoZone$3.32K$3.40K2.47%Buy
ULTAUlta Beauty$423.57$427.500.93%Hold
ORLYO'Reilly Automotive$1.25K$1.24K-0.17%Buy
RHRH$411.72$319.00-22.52%Buy
WSMWilliams-Sonoma$198.21$147.00-25.84%Hold

ULTA Forecast FAQ

Is Ulta Beauty a good buy?

No, according to 19 Wall Street analysts, Ulta Beauty (ULTA) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 6 'Buy' recommendations, accounting for 36.84% of ULTA's total ratings.

What is ULTA's price target?

Ulta Beauty (ULTA) average price target is $427.5 with a range of $345 to $505, implying a -0.58% from its last price of $430.01. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Ulta Beauty stock go up soon?

According to Wall Street analysts' prediction for ULTA stock, the company can go down by -0.58% (from the last price of $430.01 to the average price target of $427.5), up by 17.44% based on the highest stock price target, and down by -19.77% based on the lowest stock price target.

Can Ulta Beauty stock reach $600?

ULTA's average twelve months analyst stock price target of $427.5 does not support the claim that Ulta Beauty can reach $600 in the near future.

What is Ulta Beauty's current price target trend?

2 Wall Street analysts forecast a $460 price target for Ulta Beauty (ULTA) this month, up 6.97% from its last price of $430.01. Compared to the last 3 and 12 months, the average price target decreased by -4.16% and increased by 14.65%, respectively.

What are Ulta Beauty's analysts' financial forecasts?

Ulta Beauty's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $11.62B (high $12B, low $11.36B), average EBITDA is $1.83B (high $1.89B, low $1.79B), average net income is $1.08B (high $1.13B, low $1.05B), average SG&A $2.81B (high $2.9B, low $2.75B), and average EPS is $23.01 (high $24, low $22.36). ULTA's analysts financial forecasts for the fiscal year (Feb 2027) are as follows: average revenue is $12.11B (high $12.51B, low $11.85B), average EBITDA is $1.91B (high $1.97B, low $1.87B), average net income is $1.22B (high $1.27B, low $1.18B), average SG&A $2.93B (high $3.03B, low $2.87B), and average EPS is $25.88 (high $26.99, low $25.15).

Did the ULTA's actual financial results beat the analysts' financial forecasts?

Based on Ulta Beauty's last annual report (Feb 2024), the company's revenue was $11.21B, beating the average analysts forecast of $11.12B by 0.76%. Apple's EBITDA was $1.93B, beating the average prediction of $1.73B by 11.36%. The company's net income was $1.29B, beating the average estimation of $1.12B by 14.90%. Apple's SG&A was $2.69B, beating the average forecast of $2.64B by 2.02%. Lastly, the company's EPS was $26.18, beating the average prediction of $25.16 by 4.06%. In terms of the last quarterly report (Feb 2024), Ulta Beauty's revenue was $3.55B, beating the average analysts' forecast of $3.53B by 0.68%. The company's EBITDA was $582.77M, beating the average prediction of $555.9M by 4.83%. Ulta Beauty's net income was $394.37M, beating the average estimation of $354.51M by 11.24%. The company's SG&A was $820.36M, missing the average forecast of $853.82M by -3.92%. Lastly, the company's EPS was $8.13, beating the average prediction of $7.53 by 8.00%