Ulta Beauty, Inc. (ULTA)
NASDAQ: ULTA · Real-Time Price · USD
648.15
+28.91 (4.67%)
Oct 29, 2026, 3:11 PM EDT - Market open

Ulta Beauty Stock Forecast

Stock Price Forecast

According to 28 analysts polled by S&P Global, Ulta Beauty stock has a consensus rating of "Buy" and an average price target of $635.84. The average 1-year stock price forecast is 1.90% lower than the current stock price, while the lowest is $500 (-22.86%) and the highest is $731 (+12.78%).

Price Target: $635.84 (-1.90%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$500$635.84$635$731
Change-22.86%-1.90%-2.03%+12.78%

Analyst Ratings

The average analyst rating for Ulta Beauty stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy151515151515
Buy444444
Hold777798
Sell000001
Strong Sell111100
Total272727272828

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
$670 → $730
BuyMaintains$670 → $730+12.63%Oct 23, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$700
BuyReiterates$700+8.00%Oct 20, 2026
Citi
Citi
Hold
Maintains
$580
HoldMaintains$580-10.51%Oct 19, 2026
Goldman Sachs
Goldman Sachs
Buy
Reiterates
$673
BuyReiterates$673+3.83%Oct 15, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Reiterates
$731
BuyReiterates$731+12.78%Sep 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
13.28B
from 12.39B
Increased by 7.13%
Revenue Next Year
13.96B
from 13.28B
Increased by 5.16%
EPS This Year
29.00
from 25.64
Increased by 13.10%
EPS Next Year
32.10
from 29.00
Increased by 10.69%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJan 29, 2022Jan 28, 2023Feb 3, 2024Feb 1, 2025Jan 31, 2026Jan 31, 2027
Revenue
8.63B10.21B11.21B11.30B12.39B13.28B
Revenue Growth
40.29%18.28%9.78%0.79%9.71%7.13%
Gross Profit
3.76B4.45B4.81B4.83B5.33B5.19B
Gross Margin
43.54%43.59%42.95%42.78%43.05%39.12%
Operating Income
1.30B1.64B1.68B1.56B1.53B1.66B
Net Income
985.84M1.24B1.29B1.20B1.15B1.24B
EPS
----25.6429.00
EPS Growth
----1.18%13.10%
Forward PE
20.6321.7118.9017.4823.6322.35
Free Cash Flow
----1.07B1.12B
No. Analysts
-----26
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High13.5B
Avg13.3B
Low13.2B

Revenue Growth

Revenue Growth202720282029
High
8.9%
Avg
7.1%
Low
6.8%

EPS Forecast

EPS202720282029
High30.00
Avg29.00
Low28.70

EPS Growth

EPS Growth202720282029
High
17.0%
Avg
13.1%
Low
11.9%