Ulta Beauty Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for Ulta Beauty stock have an average target of 642.32, with a low estimate of 450 and a high estimate of 790. The average target predicts an increase of 31.50% from the current stock price of 488.45.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$450	$642.32	$650	$790
Change	-7.87%	+31.50%	+33.07%	+61.74%

Analyst Ratings

The average analyst rating for Ulta Beauty stock from 27 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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	13	13	13	14	15	15
Buy	4	4	4	4	4	4
Hold	10	10	10	8	7	7
Sell	1	0	0	0	0	0
Strong Sell	1	2	1	1	1	1
Total	29	29	28	27	27	27

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dana Telsey Telsey Advisory	Telsey Advisory	Buy Maintains $715	Buy	Maintains	$715	+46.38%	Jun 16, 2026
Oliver Chen TD Cowen	TD Cowen	Buy Maintains $700 → $600	Buy	Maintains	$700 → $600	+22.84%	Jun 8, 2026
Lorraine Hutchinson Bank of America Securities	Bank of America Securities	Buy Maintains $685	Buy	Maintains	$685	+40.24%	Jun 6, 2026
Dylan Carden William Blair	William Blair	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jun 4, 2026
Steven Zaccone Citi	Citi	Hold Maintains $600 → $560	Hold	Maintains	$600 → $560	+14.65%	Jun 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

13.25B

from 12.39B

6.88%

from 12.39B

Revenue Next Year

13.95B

from 13.25B

5.34%

from 13.25B

EPS This Year

28.76

from 25.64

12.18%

from 25.64

EPS Next Year

31.83

from 28.76

10.68%

from 28.76

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	8.63B	10.21B	11.21B	11.30B	12.39B	13.25B	13.95B
Revenue Growth	40.29%	18.28%	9.78%	0.79%	9.71%	6.88%	5.34%
EPS	17.98	24.01	26.03	25.34	25.64	28.76	31.83
EPS Growth	478.14%	33.54%	8.41%	-2.65%	1.18%	12.19%	10.65%
Forward PE	-	-	-	-	-	16.98	15.35
No. Analysts	-	-	-	-	-	25	25

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

Revenue Forecast

Revenue	2027	2028
High	13.4B	14.2B
Avg	13.2B	14.0B
Low	13.2B	13.8B

Revenue Growth

Revenue Growth	2027	2028
High	8.0%	7.1%
Avg	6.9%	5.3%
Low	6.1%	3.9%

EPS Forecast

EPS	2027	2028
High	30.00	33.26
Avg	28.76	31.83
Low	28.29	29.95

EPS Growth

EPS Growth	2027	2028
High	17.0%	15.6%
Avg	12.2%	10.7%
Low	10.3%	4.1%

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.