Analysts Offer Predictions for Ulta Beauty FY2026 Earnings

Ulta Beauty Inc. (NASDAQ:ULTA) – Investment analysts at Zacks Research upped their FY2026 earnings estimates for Ulta Beauty in a report released on Tuesday, December 16th. Zacks Research analyst Team now forecasts that the specialty retailer will post earnings of $25.30 per share for the year, up from their prior forecast of $23.97. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share. Zacks Research also issued estimates for Ulta Beauty’s Q4 2027 earnings at $8.42 EPS.

A number of other analysts have also issued reports on ULTA. Jefferies Financial Group raised their price target on Ulta Beauty from $425.00 to $550.00 and gave the stock a “hold” rating in a research note on Tuesday, August 26th. UBS Group raised their target price on shares of Ulta Beauty from $680.00 to $690.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. TD Cowen upgraded shares of Ulta Beauty from a “hold” rating to a “buy” rating and boosted their target price for the company from $600.00 to $725.00 in a report on Monday, December 8th. Wall Street Zen downgraded shares of Ulta Beauty from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $640.00 price target (up previously from $610.00) on shares of Ulta Beauty in a report on Monday, December 1st. Sixteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $576.50.

Ulta Beauty Trading Up 0.7%

Ulta Beauty stock opened at $597.88 on Thursday. The stock has a fifty day moving average price of $539.95 and a 200 day moving average price of $517.75. Ulta Beauty has a 52 week low of $309.01 and a 52 week high of $611.90. The firm has a market capitalization of $26.52 billion, a P/E ratio of 22.92, a PEG ratio of 3.14 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.61 by $0.53. The firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.70 billion. Ulta Beauty had a net margin of 9.93% and a return on equity of 46.33%. Ulta Beauty’s revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the business earned $5.14 earnings per share. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS.

Hedge Funds Weigh In On Ulta Beauty

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cary Street Partners Investment Advisory LLC raised its position in Ulta Beauty by 107.7% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 28 shares during the period. Harbor Capital Advisors Inc. acquired a new stake in shares of Ulta Beauty in the third quarter valued at about $25,000. Hemington Wealth Management raised its holdings in shares of Ulta Beauty by 142.9% during the 2nd quarter. Hemington Wealth Management now owns 68 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 40 shares during the period. Grey Fox Wealth Advisors LLC acquired a new position in Ulta Beauty during the 3rd quarter worth approximately $31,000. Finally, Abich Financial Wealth Management LLC purchased a new position in Ulta Beauty in the 3rd quarter worth approximately $31,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Company Profile

Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.

The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.