Ulta Beauty, Inc. (ULTA)
NASDAQ: ULTA · Real-Time Price · USD
372.72
-1.16 (-0.31%)
Oct 3, 2024, 4:00 PM EDT - Market closed
Ulta Beauty Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Ulta Beauty stock have an average target of 429.76, with a low estimate of 300 and a high estimate of 610. The average target predicts an increase of 15.30% from the current stock price of 372.72.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 8 | 7 | 7 |
| Buy | 6 | 6 | 5 | 6 | 6 | 6 |
| Hold | 8 | 8 | 9 | 9 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 24 | 24 | 24 | 24 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $395 → $390 | Hold | Maintains | $395 → $390 | +4.64% | Oct 3, 2024 |
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $395 | Strong Buy → Hold | Downgrades | $395 | +5.98% | Sep 23, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Sell Initiates $300 | Strong Sell | Initiates | $300 | -19.51% | Sep 10, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $520 → $450 | Strong Buy | Maintains | $520 → $450 | +20.73% | Sep 3, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $507 → $435 | Strong Buy | Maintains | $507 → $435 | +16.71% | Aug 30, 2024 |
Financial Forecast
Revenue This Year
11.39B
from 11.21B
Increased by 1.60%
Revenue Next Year
11.87B
from 11.39B
Increased by 4.22%
EPS This Year
23.87
from 26.03
Decreased by -8.28%
EPS Next Year
25.70
from 23.87
Increased by 7.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.9B | 12.5B | 13.1B | ||
| Avg | 11.4B | 11.9B | 12.4B | ||
| Low | 10.9B | 11.2B | 11.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.8% | 9.4% | 10.5% | ||
| Avg | 1.6% | 4.2% | 4.8% | ||
| Low | -3.1% | -1.9% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.15 | 30.11 | 33.79 | ||
| Avg | 23.87 | 25.70 | 28.19 | ||
| Low | 22.32 | 20.34 | 23.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.3% | 26.1% | 31.4% | ||
| Avg | -8.3% | 7.7% | 9.7% | ||
| Low | -14.2% | -14.8% | -9.7% |
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.