Q2 2026 Earnings Forecast for Ulta Beauty, Inc. Issued By Telsey Advisory Group (NASDAQ:ULTA)

Ulta Beauty, Inc. (NASDAQ:ULTA) – Telsey Advisory Group cut their Q2 2026 earnings per share (EPS) estimates for shares of Ulta Beauty in a report issued on Friday, August 30th. Telsey Advisory Group analyst D. Telsey now expects that the specialty retailer will post earnings of $5.82 per share for the quarter, down from their previous estimate of $5.90. Telsey Advisory Group has a “Outperform” rating and a $500.00 price target on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.03 per share.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share for the quarter, missing the consensus estimate of $5.47 by ($0.17). Ulta Beauty had a net margin of 10.68% and a return on equity of 54.91%. The firm had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.61 billion. During the same quarter last year, the business earned $6.02 EPS. The business’s revenue was up .9% compared to the same quarter last year.

A number of other brokerages have also recently commented on ULTA. Raymond James cut shares of Ulta Beauty from a “strong-buy” rating to an “outperform” rating and reduced their target price for the company from $500.00 to $450.00 in a research report on Friday. UBS Group cut their price objective on shares of Ulta Beauty from $550.00 to $505.00 and set a “buy” rating for the company in a report on Friday. Deutsche Bank Aktiengesellschaft lowered their target price on Ulta Beauty from $552.00 to $448.00 and set a “buy” rating on the stock in a report on Wednesday, August 28th. Evercore ISI cut their price target on Ulta Beauty from $500.00 to $430.00 and set an “outperform” rating for the company in a report on Monday, August 26th. Finally, Barclays lifted their price objective on Ulta Beauty from $328.00 to $335.00 and gave the stock an “equal weight” rating in a research report on Friday. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $436.83.

Ulta Beauty Stock Performance

Shares of ULTA stock opened at $352.84 on Monday. Ulta Beauty has a fifty-two week low of $318.17 and a fifty-two week high of $574.76. The stock’s fifty day moving average is $372.21 and its two-hundred day moving average is $425.38. The firm has a market capitalization of $16.84 billion, a P/E ratio of 13.76, a PEG ratio of 1.86 and a beta of 1.37.

Institutional Trading of Ulta Beauty

A number of large investors have recently modified their holdings of the stock. Vima LLC purchased a new position in Ulta Beauty in the fourth quarter valued at $27,000. Riverview Trust Co acquired a new stake in Ulta Beauty in the 1st quarter valued at about $30,000. Sound Income Strategies LLC boosted its stake in shares of Ulta Beauty by 490.0% in the 1st quarter. Sound Income Strategies LLC now owns 59 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 49 shares during the period. LRI Investments LLC acquired a new position in shares of Ulta Beauty during the first quarter worth about $31,000. Finally, UMB Bank n.a. increased its stake in shares of Ulta Beauty by 83.3% during the second quarter. UMB Bank n.a. now owns 66 shares of the specialty retailer’s stock worth $25,000 after buying an additional 30 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director Catherine Ann Halligan sold 100 shares of the company’s stock in a transaction on Tuesday, July 2nd. The stock was sold at an average price of $390.08, for a total transaction of $39,008.00. Following the transaction, the director now directly owns 2,017 shares in the company, valued at $786,791.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Catherine Ann Halligan sold 100 shares of the stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $390.08, for a total transaction of $39,008.00. Following the sale, the director now owns 2,017 shares of the company’s stock, valued at $786,791.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jodi J. Caro sold 650 shares of Ulta Beauty stock in a transaction that occurred on Tuesday, June 25th. The shares were sold at an average price of $388.68, for a total transaction of $252,642.00. Following the completion of the transaction, the insider now owns 6,801 shares of the company’s stock, valued at approximately $2,643,412.68. The disclosure for this sale can be found here. Company insiders own 0.39% of the company’s stock.

About Ulta Beauty

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.