Ulta Beauty, Inc. (ULTA)
NASDAQ: ULTA · Real-Time Price · USD
353.35
-11.82 (-3.24%)
At close: Nov 18, 2024, 4:00 PM
352.70
-0.65 (-0.18%)
After-hours: Nov 18, 2024, 4:48 PM EST
Ulta Beauty Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Ulta Beauty stock have an average target of 425.56, with a low estimate of 300 and a high estimate of 610. The average target predicts an increase of 20.44% from the current stock price of 353.35.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ulta Beauty stock from 25 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 8 | 7 | 7 | 7 |
| Buy | 6 | 5 | 6 | 6 | 6 | 6 |
| Hold | 8 | 9 | 9 | 10 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Total | 24 | 24 | 24 | 25 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $450 → $472 | Buy | Maintains | $450 → $472 | +33.58% | Oct 21, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $390 → $380 | Hold | Maintains | $390 → $380 | +7.54% | Oct 17, 2024 |
| Stifel | Stifel | Hold Maintains $385 → $395 | Hold | Maintains | $385 → $395 | +11.79% | Oct 17, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $450 | Buy | Maintains | $450 | +27.35% | Oct 17, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $356 → $357 | Hold | Maintains | $356 → $357 | +1.03% | Oct 17, 2024 |
Financial Forecast
Revenue This Year
11.39B
from 11.21B
Increased by 1.61%
Revenue Next Year
11.82B
from 11.39B
Increased by 3.76%
EPS This Year
23.61
from 26.03
Decreased by -9.30%
EPS Next Year
23.33
from 23.61
Decreased by -1.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.9B | 13.0B | 13.1B | ||
| Avg | 11.4B | 11.8B | 12.4B | ||
| Low | 10.9B | 11.2B | 11.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.8% | 14.1% | 11.0% | ||
| Avg | 1.6% | 3.8% | 4.8% | ||
| Low | -3.1% | -1.9% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.68 | 27.34 | 30.99 | ||
| Avg | 23.61 | 23.33 | 26.22 | ||
| Low | 22.30 | 20.34 | 23.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -5.2% | 15.8% | 32.8% | ||
| Avg | -9.3% | -1.2% | 12.4% | ||
| Low | -14.3% | -13.8% | 0.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.