Ulta Beauty Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for Ulta Beauty stock have an average target of 563.17, with a low estimate of 330 and a high estimate of 690. The average target predicts a decrease of -6.37% from the current stock price of 601.50.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$330	$563.17	$600	$690
Change	-45.14%	-6.37%	-0.25%	+14.71%

Analyst Ratings

The average analyst rating for Ulta Beauty stock from 26 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	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	5	5	6	5	5	5
Buy	7	8	9	9	9	9
Hold	11	11	11	11	11	11
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	24	25	27	26	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Baker DA Davidson	DA Davidson	Strong Buy Maintains $625 → $650	Strong Buy	Maintains	$625 → $650	+8.06%	Dec 5, 2025
Susan Anderson Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $653 → $674	Strong Buy	Maintains	$653 → $674	+12.05%	Dec 5, 2025
Rupesh Parikh Oppenheimer	Oppenheimer	Buy Maintains $600 → $615	Buy	Maintains	$600 → $615	+2.24%	Dec 5, 2025
Anna Andreeva Piper Sandler	Piper Sandler	Buy Maintains $590 → $615	Buy	Maintains	$590 → $615	+2.24%	Dec 5, 2025
Michael Binetti Evercore ISI Group	Evercore ISI Group	Buy Maintains $640 → $660	Buy	Maintains	$640 → $660	+9.73%	Dec 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

12.40B

from 11.30B

9.76%

from 11.30B

Revenue Next Year

12.91B

from 12.40B

4.13%

from 12.40B

EPS This Year

25.32

from 25.34

-0.07%

from 25.34

EPS Next Year

27.55

from 25.32

8.82%

from 25.32

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 30, 2021	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 1, 2025	Feb 1, 2026	Feb 1, 2027
Revenue	6.15B	8.63B	10.21B	11.21B	11.30B	12.40B	12.91B
Revenue Growth	-16.84%	40.29%	18.28%	9.78%	0.79%	9.76%	4.13%
EPS	3.11	17.98	24.01	26.03	25.34	25.32	27.55
EPS Growth	-74.40%	478.14%	33.54%	8.41%	-2.65%	-0.07%	8.82%
Forward PE	-	-	-	-	-	23.75	21.83
No. Analysts	-	-	-	-	-	31	31

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	13.4B	13.6B
Avg	12.4B	12.9B
Low	11.7B	11.8B

Revenue Growth

Revenue Growth	2026	2027
High	18.6%	9.6%
Avg	9.8%	4.1%
Low	3.4%	-4.9%

EPS Forecast

EPS	2026	2027
High	28.62	30.98
Avg	25.32	27.55
Low	23.47	23.81

EPS Growth

EPS Growth	2026	2027
High	13.0%	22.3%
Avg	-0.1%	8.8%
Low	-7.4%	-6.0%

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.