Ulta Beauty, Inc. (ULTA)
NASDAQ: ULTA · Real-Time Price · USD
517.50
-22.60 (-4.18%)
At close: Aug 28, 2026, 4:00 PM EDT
517.11
-0.39 (-0.08%)
After-hours: Aug 28, 2026, 7:55 PM EDT

Ulta Beauty Stock Forecast

Stock Price Forecast

According to 27 analysts polled by S&P Global, Ulta Beauty stock has a consensus rating of "Buy" and an average price target of $624.08. The average 1-year stock price forecast is 20.60% higher than the current stock price, while the lowest is $450 (-13.04%) and the highest is $731 (+41.26%).

Price Target: $624.08 (+20.60%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$450$624.08$640$731
Change-13.04%+20.60%+23.67%+41.26%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy131415151515
Buy444444
Hold1087777
Sell000000
Strong Sell111111
Total282727272727

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Telsey Advisory
Telsey Advisory
Buy
Maintains
$715
BuyMaintains$715+38.16%Aug 28, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Reiterates
$731
BuyReiterates$731+41.26%Aug 28, 2026
TD Cowen
TD Cowen
Buy
Maintains
$600
BuyMaintains$600+15.94%Aug 28, 2026
UBS
UBS
Buy
Reiterates
$735$710
BuyReiterates$735$710+37.20%Aug 28, 2026
Piper Sandler
Piper Sandler
Buy
Maintains
$600
BuyMaintains$600+15.94%Aug 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
13.27B
from 12.39B
Increased by 7.07%
Revenue Next Year
13.97B
from 13.27B
Increased by 5.25%
EPS This Year
28.95
from 25.64
Increased by 12.93%
EPS Next Year
32.02
from 28.95
Increased by 10.58%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJan 29, 2022Jan 28, 2023Feb 3, 2024Feb 1, 2025Jan 31, 2026Jan 31, 2027
Revenue
8.63B10.21B11.21B11.30B12.39B13.27B
Revenue Growth
40.29%18.28%9.78%0.79%9.71%7.07%
Gross Profit
3.76B4.45B4.81B4.83B5.33B5.19B
Gross Margin
43.54%43.59%42.95%42.78%43.05%39.14%
Operating Income
1.30B1.64B1.68B1.56B1.53B1.66B
Net Income
985.84M1.24B1.29B1.20B1.15B1.24B
EPS
----25.6428.95
EPS Growth
----1.18%12.93%
Forward PE
20.6321.7118.9017.4823.6317.87
Free Cash Flow
766.12M989.21M782.98M774.79M900.10M1.13B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

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

Revenue Growth

Revenue Growth202720282029
High
7.4%
Avg
7.1%
Low
6.7%

EPS Forecast

EPS202720282029
High30.00
Avg28.95
Low28.70

EPS Growth

EPS Growth202720282029
High
17.0%
Avg
12.9%
Low
11.9%