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Ulta Beauty, Inc. (ULTA) Stock Forecast

Data as of May 2, 2026

Consumer Cyclical · Current price $533.11 (-0.86%)

Consensus Target
$715.07
Upside
+36.4%
Analysts
37
Rating
Buy(2.14)

Price Target Range

Low $640.00Consensus $715.07High $810.00
▲ Current $533.11

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy13
Hold0
Sell2
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Mar 13, 2026Michael LasserUBS$810.00+51.9%
Mar 9, 2026Dana TelseyTelsey Advisory$715.00+34.1%
Mar 9, 2026Adrienne YihBarclays$712.00+33.6%
Jan 21, 2026Strong BuyRaymond James$790.00+48.2%
Jan 7, 2026Michael LasserUBS$780.00+46.3%
Dec 17, 2025Mark AltschwagerRobert W. Baird$700.00+31.3%
Dec 10, 2025Rupesh ParikhOppenheimer$675.00+26.6%
Dec 5, 2025Dana TelseyTelsey Advisory$640.00+20.0%
Dec 5, 2025Mark AltschwagerRobert W. Baird$670.00+25.7%
Dec 2, 2025Anna AndreevaPiper Sandler$590.00+10.7%
Oct 10, 2025Susan AndersonCanaccord Genuity$653.00+22.5%
Sep 25, 2025Kristina RuggeriArgus Research$570.00+6.9%
Aug 29, 2025Michael LasserUBS$680.00+27.6%
Aug 29, 2025Susan AndersonCanaccord Genuity$650.00+21.9%
Aug 25, 2025Dana TelseyTelsey Advisory$590.00+10.7%
Aug 12, 2025Rupesh ParikhOppenheimer$600.00+12.5%
Jan 7, 2025Korinne WolfmeyerPiper Sandler$425.00-20.3%
Jan 7, 2025Susan AndersonCanaccord Genuity$538.00+0.9%
Dec 9, 2024Anthony ChukumbaLoop Capital Markets$480.00-10.0%
Dec 5, 2024Mark AltschwagerRobert W. Baird$440.00-17.5%

ULTA vs Sector & Market

MetricULTAConsumer Cyclical AvgLarge Cap Avg
Analyst Rating2.142.532.41
Analyst Count371318
Target Upside+36.4%+417.4%+14.9%
P/E Ratio21.5711.2431.19

Revenue Estimates

PeriodLowAvgHigh#
2026-07-31$2.90B$3.01B$3.07B16
2026-10-31$2.94B$3.01B$3.06B8
2027-01-31$4.02B$4.11B$4.19B8
2027-04-30$3.18B$3.26B$3.32B14
2027-07-31$3.08B$3.15B$3.21B11
2027-10-31$3.08B$3.15B$3.21B8
2028-01-31$4.19B$4.29B$4.37B7
2029-01-31$14.68B$14.68B$14.69B11
2030-01-31$14.86B$15.09B$15.28B5
2031-01-31$16.02B$16.27B$16.48B5

EPS Estimates

PeriodLowAvgHigh#
2026-07-31$5.54$6.22$6.5714
2026-10-31$5.90$6.08$6.236
2027-01-31$9.18$9.46$9.696
2027-04-30$7.32$7.54$7.7311
2027-07-31$6.74$6.95$7.126
2027-10-31$6.40$6.60$6.7610
2028-01-31$9.93$10.23$10.4811
2029-01-31$32.15$34.78$36.629
2030-01-31$36.08$36.83$37.443
2031-01-31$42.14$43.01$43.724

Frequently Asked Questions

What is the analyst consensus for ULTA?

The consensus among 37 analysts covering Ulta Beauty, Inc. (ULTA) is Buy with an average price target of $715.07.

What is the highest price target for ULTA?

The highest price target for ULTA is $810.00, set by Michael Lasser at UBS on 2026-03-13.

What is the lowest price target for ULTA?

The lowest price target for ULTA is $240.00, set by Anthony Chukumba at Loop Capital Markets on 2024-04-08.

How many analysts cover ULTA?

37 analysts have issued ratings for Ulta Beauty, Inc. in the past 12 months.

Is ULTA a buy or sell right now?

Based on 37 analyst ratings, ULTA has a consensus rating of Buy (2.14/5) with a +36.4% upside to the consensus target of $715.07.

What are the earnings estimates for ULTA?

Analysts estimate ULTA will report EPS of $6.22 for the period ending 2026-07-31, with revenue estimated at $3.01B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.