Ulta Beauty, Inc. (ULTA)
NASDAQ: ULTA · Real-Time Price · USD
538.15
-1.51 (-0.28%)
At close: Apr 28, 2026, 4:00 PM EDT
538.04
-0.11 (-0.02%)
After-hours: Apr 28, 2026, 7:36 PM EDT

Ulta Beauty Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for Ulta Beauty stock have an average target of 663.95, with a low estimate of 437 and a high estimate of 799. The average target predicts an increase of 23.38% from the current stock price of 538.15.

Analyst Consensus: Buy
Target Low Average Median High
Price $437 $663.95 $700 $799
Change -18.80% +23.38% +30.08% +48.47%

Analyst Ratings

The average analyst rating for Ulta Beauty stock from 23 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 Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy 567778
Buy 998888
Hold 11101111116
Sell 111111
Strong Sell 000000
Total 262627272723

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Strong Buy
Upgrades
$635$700
Strong Buy Upgrades $635$700 +30.08% Apr 20, 2026
DA Davidson
DA Davidson
Strong Buy
Maintains
$650
Strong Buy Maintains $650 +20.78% Apr 14, 2026
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$799
Strong Buy Maintains $799 +48.47% Mar 13, 2026
Oppenheimer
Oppenheimer
Buy
Maintains
$750$650
Buy Maintains $750$650 +20.78% Mar 13, 2026
JP Morgan
JP Morgan
Buy
Maintains
$800$750
Buy Maintains $800$750 +39.37% Mar 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
13.55B
from 12.39B
Increased by 9.31%
Revenue Next Year
14.24B
from 13.55B
Increased by 5.11%
EPS This Year
29.19
from 25.64
Increased by 13.84%
EPS Next Year
32.03
from 29.19
Increased by 9.73%
Fiscal Year FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Jan 29, 2022 Jan 28, 2023 Feb 3, 2024 Feb 1, 2025 Jan 31, 2026 Jan 31, 2027 Jan 31, 2028
Revenue
8.63B10.21B11.21B11.30B12.39B13.55B14.24B
Revenue Growth
40.29%18.28%9.78%0.79%9.71%9.31%5.11%
EPS
17.9824.0126.0325.3425.6429.1932.03
EPS Growth
478.14%33.54%8.41%-2.65%1.18%13.84%9.73%
Forward PE
-----18.4416.80
No. Analysts -----3228
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20272028202920302031203220332034
High 14.8B 15.0B
Avg 13.5B 14.2B
Low 12.9B 13.4B

Revenue Growth

Revenue Growth 20272028202920302031203220332034
High
19.2%
10.4%
Avg
9.3%
5.1%
Low
3.8%
-0.9%

EPS Forecast

EPS 20272028202920302031203220332034
High 33.08 35.60
Avg 29.19 32.03
Low 27.20 26.58

EPS Growth

EPS Growth 20272028202920302031203220332034
High
29.0%
21.9%
Avg
13.8%
9.7%
Low
6.1%
-8.9%
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.