Ulta Beauty, Inc. (ULTA)
NASDAQ: ULTA · Real-Time Price · USD
540.98
-2.75 (-0.51%)
At close: Sep 18, 2026, 4:00 PM EDT
540.95
-0.03 (-0.01%)
After-hours: Sep 18, 2026, 7:30 PM EDT

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 $630.64. The average 1-year stock price forecast is 16.57% higher than the current stock price, while the lowest is $500 (-7.58%) and the highest is $731 (+35.13%).

Price Target: $630.64 (+16.57%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$500$630.64$635$731
Change-7.58%+16.57%+17.38%+35.13%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy141515151515
Buy444444
Hold877779
Sell000000
Strong Sell111110
Total272727272728

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Hold
Upgrades
$450$525
HoldUpgrades$450$525-2.95%Sep 15, 2026
Telsey Advisory
Telsey Advisory
Buy
Maintains
$715
BuyMaintains$715+32.17%Sep 15, 2026
D.A. Davidson
D.A. Davidson
Buy
Reiterates
$625
BuyReiterates$625+15.53%Sep 11, 2026
Barclays
Barclays
Buy
Maintains
$645
BuyMaintains$645+19.23%Sep 11, 2026
BMO Capital
BMO Capital
Hold
Initiates
$580
HoldInitiates$580+7.21%Sep 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
13.28B
from 12.39B
Increased by 7.12%
Revenue Next Year
13.96B
from 13.28B
Increased by 5.16%
EPS This Year
28.99
from 25.64
Increased by 13.07%
EPS Next Year
32.08
from 28.99
Increased by 10.66%
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%7.12%
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
----25.6428.99
EPS Growth
----1.18%13.07%
Forward PE
20.6321.7118.9017.4823.6318.66
Free Cash Flow
----900.10M1.12B
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
Avg28.99
Low28.70

EPS Growth

EPS Growth202720282029
High
17.0%
Avg
13.1%
Low
11.9%