Ulta Beauty, Inc. (ULTA)
NASDAQ: ULTA · Real-Time Price · USD
488.45
+2.93 (0.60%)
At close: Jun 26, 2026, 4:00 PM EDT
487.00
-1.45 (-0.30%)
After-hours: Jun 26, 2026, 7:57 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 $627.25. The average 1-year stock price forecast is 28.42% higher than the current stock price, while the lowest is $450 (-7.87%) and the highest is $735 (+50.48%).

Price Target: $627.25 (+28.42%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$450$627.25$633$735
Change-7.87%+28.42%+29.59%+50.48%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy131313141515
Buy444444
Hold101010877
Sell100000
Strong Sell121111
Total292928272727

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Telsey Advisory
Telsey Advisory
Buy
Maintains
$715
BuyMaintains$715+46.38%Jun 16, 2026
TD Cowen
TD Cowen
Buy
Maintains
$700$600
BuyMaintains$700$600+22.84%Jun 8, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$685
BuyMaintains$685+40.24%Jun 6, 2026
William Blair
William Blair
Hold
Maintains
n/a
HoldMaintainsn/an/aJun 4, 2026
Citi
Citi
Hold
Maintains
$600$560
HoldMaintains$600$560+14.65%Jun 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
13.25B
from 12.39B
Increased by 6.88%
Revenue Next Year
13.95B
from 13.25B
Increased by 5.34%
EPS This Year
28.76
from 25.64
Increased by 12.18%
EPS Next Year
31.83
from 28.76
Increased by 10.68%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJan 29, 2022Jan 28, 2023Feb 3, 2024Feb 1, 2025Jan 31, 2026Jan 31, 2027
Revenue
8.63B10.21B11.21B11.30B12.39B13.25B
Revenue Growth
40.29%18.28%9.78%0.79%9.71%6.88%
Gross Profit
3.76B4.45B4.81B4.83B5.33B5.19B
Gross Margin
43.54%43.59%42.95%42.78%43.05%39.15%
Operating Income
1.30B1.64B1.68B1.56B1.53B1.65B
Net Income
985.84M1.24B1.29B1.20B1.15B1.24B
EPS
----25.6428.76
EPS Growth
----1.18%12.18%
Forward PE
20.6321.7118.9017.4823.6316.98
Free Cash Flow
766.12M989.21M782.98M774.79M900.10M1.11B
No. Analysts
-----25
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High13.4B
Avg13.2B
Low13.2B

Revenue Growth

Revenue Growth202720282029
High
8.0%
Avg
6.9%
Low
6.1%

EPS Forecast

EPS202720282029
High30.00
Avg28.76
Low28.29

EPS Growth

EPS Growth202720282029
High
17.0%
Avg
12.2%
Low
10.3%