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Ulta Beauty (ULTA) Stock Forecast & Price Target

Ulta Beauty logo
$385.93 +8.19 (+2.17%)
As of 04:00 PM Eastern

Ulta Beauty - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
11
Buy
13

Based on 25 Wall Street analysts who have issued ratings for Ulta Beauty in the last 12 months, the stock has a consensus rating of "Hold." Out of the 25 analysts, 1 has given a sell rating, 11 have given a hold rating, and 13 have given a buy rating for ULTA.

Consensus Price Target

$427.61
10.80% Upside
According to the 25 analysts' twelve-month price targets for Ulta Beauty, the average price target is $427.61. The highest price target for ULTA is $526.00, while the lowest price target for ULTA is $310.00. The average price target represents a forecasted upside of 10.80% from the current price of $385.93.
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ULTA Analyst Ratings Over Time

TypeCurrent Forecast
4/24/24 to 4/24/25
1 Month Ago
3/25/24 to 3/25/25
3 Months Ago
1/25/24 to 1/24/25
1 Year Ago
4/25/23 to 4/24/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
13 Buy rating(s)
12 Buy rating(s)
12 Buy rating(s)
13 Buy rating(s)
Hold
11 Hold rating(s)
11 Hold rating(s)
11 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$427.61$427.13$459.22$556.52
Forecasted Upside10.80% Upside15.21% Upside9.91% Upside35.56% Upside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

ULTA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ULTA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Ulta Beauty Stock vs. The Competition

TypeUlta BeautyRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.48
2.55
2.54
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside11.73% Upside68.07% Upside23.11% Upside
News Sentiment Rating
Positive News

See Recent ULTA News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/16/2025DA Davidson
2 of 5 stars
Michael Baker
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Reiterated RatingBuy ➝ Buy$415.00 ➝ $415.00+18.44%
4/14/2025Argus
3 of 5 stars
Kristina Ruggeri
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DowngradeBuy ➝ Hold
4/1/2025The Goldman Sachs Group
3 of 5 stars
Kate McShane
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UpgradeNeutral ➝ Buy$384.00 ➝ $423.00+15.40%
3/17/2025Citigroup
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Kelly Crago
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Lower TargetNeutral ➝ Neutral$405.00 ➝ $365.00+2.97%
3/14/2025Barclays
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Adrienne Yih
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Lower TargetEqual Weight ➝ Equal Weight$445.00 ➝ $327.00-8.37%
3/14/2025BMO Capital Markets
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Simeon Siegel
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Lower TargetMarket Perform ➝ Market Perform$467.00 ➝ $404.00+15.12%
3/14/2025Canaccord Genuity Group
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Susan Anderson
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Lower TargetBuy ➝ Buy$538.00 ➝ $526.00+49.88%
3/14/2025JPMorgan Chase & Co.
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Christopher Horvers
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Lower TargetOverweight ➝ Overweight$480.00 ➝ $475.00+36.52%
3/14/2025Wells Fargo & Company
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Ike Boruchow
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Lower TargetUnderweight ➝ Underweight$360.00 ➝ $310.00-8.50%
3/14/2025Stifel Nicolaus
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Mark Astrachan
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Lower TargetHold ➝ Hold$475.00 ➝ $400.00+27.20%
3/14/2025B. Riley
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A. Glaessgen
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Lower TargetNeutral ➝ Neutral$430.00 ➝ $330.00+4.94%
3/14/2025Morgan Stanley
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Simeon Gutman
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Lower TargetOverweight ➝ Overweight$500.00 ➝ $460.00+46.28%
3/14/2025Piper Sandler
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Korinne Wolfmeyer
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Lower TargetNeutral ➝ Neutral$425.00 ➝ $364.00+15.75%
3/14/2025Bank of America
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Lorraine Hutchinson
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Lower TargetNeutral ➝ Neutral$475.00 ➝ $380.00+20.84%
3/10/2025Telsey Advisory Group
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Dana Telsey
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Reiterated RatingOutperform ➝ Outperform$500.00 ➝ $500.00+41.05%
1/8/2025TD Cowen
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O. Chen
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Boost TargetHold ➝ Hold$450.00 ➝ $480.00+15.52%
1/7/2025Oppenheimer
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 Boost TargetOutperform ➝ Outperform$505.00 ➝ $515.00+19.41%
12/9/2024Loop Capital
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 Boost TargetBuy ➝ Buy$450.00 ➝ $480.00+12.11%
12/6/2024UBS Group
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 Boost TargetBuy ➝ Buy$470.00 ➝ $490.00+14.57%
11/21/2024William Blair
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D. Carden
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DowngradeOutperform ➝ Market Perform
10/14/2024Raymond James
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O. Tong
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Lower TargetOutperform ➝ Outperform$450.00 ➝ $440.00+19.39%
10/9/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$426.00 ➝ $424.00+17.07%
8/26/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$500.00 ➝ $430.00+13.16%
8/23/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$525.00 ➝ $485.00+29.59%
5/24/2024Jefferies Financial Group
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 Lower TargetHold ➝ Hold$438.00 ➝ $412.00+9.53%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:31 PM ET.


Should I Buy Ulta Beauty Stock? ULTA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 18, 2025. Please send any questions or comments about these Ulta Beauty pros and cons to contact@marketbeat.com.

Ulta Beauty
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Ulta Beauty, Inc.:

  • The current stock price is around $357.75, which may present a buying opportunity for investors looking for value in the beauty retail sector.
  • Ulta Beauty, Inc. reported earnings per share (EPS) of $8.46 for the latest quarter, significantly exceeding analyst expectations, indicating strong financial performance.
  • The company has a high return on equity of 51.95%, suggesting effective management and profitability relative to shareholder equity.
  • Analysts have a consensus target price of approximately $427.61, indicating potential upside from the current stock price.
  • Despite a slight year-over-year revenue decline, the company still generated $3.49 billion in revenue, showcasing its resilience in a competitive market.

Ulta Beauty
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Ulta Beauty, Inc. for these reasons:

  • Insider ownership is relatively low at 0.39%, which may raise concerns about alignment between management and shareholder interests.
  • Recent price target reductions from several analysts, including a drop to $310.00 by Wells Fargo, suggest a cautious outlook on the stock's performance.
  • The company's revenue has decreased by 1.9% year-over-year, indicating potential challenges in maintaining growth.
  • One analyst has issued a sell rating, which could signal underlying issues that may affect investor confidence.
  • Market volatility, as indicated by a beta of 1.16, suggests that the stock may experience larger price fluctuations compared to the overall market.

ULTA Forecast - Frequently Asked Questions

According to the research reports of 25 Wall Street equities research analysts, the average twelve-month stock price forecast for Ulta Beauty is $427.61, with a high forecast of $526.00 and a low forecast of $310.00.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ulta Beauty in the last twelve months. There is currently 1 sell rating, 11 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ULTA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ULTA, but not buy additional shares or sell existing shares.

According to analysts, Ulta Beauty's stock has a predicted upside of 10.80% based on their 12-month stock forecasts.

Over the previous 90 days, Ulta Beauty's stock had 2 upgrades and 1 downgrade by analysts.

Analysts like Ulta Beauty less than other "retail/wholesale" companies. The consensus rating for Ulta Beauty is Hold while the average consensus rating for "retail/wholesale" companies is Moderate Buy. Learn more on how ULTA compares to other companies.


This page (NASDAQ:ULTA) was last updated on 4/24/2025 by MarketBeat.com Staff
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