Brokers Offer Predictions for Ulta Beauty, Inc.’s Q1 2026 Earnings (NASDAQ:ULTA)

Ulta Beauty, Inc. (NASDAQ:ULTA) – Stock analysts at Zacks Research dropped their Q1 2026 earnings estimates for shares of Ulta Beauty in a research note issued on Tuesday, September 10th. Zacks Research analyst A. Mohta now expects that the specialty retailer will post earnings of $6.72 per share for the quarter, down from their prior forecast of $7.04. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.24 per share. Zacks Research also issued estimates for Ulta Beauty’s Q1 2027 earnings at $7.23 EPS.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, August 29th. The specialty retailer reported $5.30 EPS for the quarter, missing analysts’ consensus estimates of $5.47 by ($0.17). The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.61 billion. Ulta Beauty had a net margin of 10.68% and a return on equity of 54.02%. Ulta Beauty’s revenue was up .9% compared to the same quarter last year. During the same quarter last year, the business posted $6.02 earnings per share.

ULTA has been the topic of several other research reports. Barclays raised their price objective on shares of Ulta Beauty from $328.00 to $335.00 and gave the company an “equal weight” rating in a research report on Friday, August 30th. Bank of America cut their target price on shares of Ulta Beauty from $425.00 to $380.00 and set a “neutral” rating on the stock in a report on Friday, August 30th. TD Cowen cut their target price on Ulta Beauty from $500.00 to $395.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. BMO Capital Markets lowered their price target on Ulta Beauty from $500.00 to $385.00 and set a “market perform” rating for the company in a research report on Friday, August 30th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Ulta Beauty from $552.00 to $448.00 and set a “buy” rating on the stock in a research report on Wednesday, August 28th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, Ulta Beauty currently has a consensus rating of “Hold” and a consensus price target of $425.29.

Ulta Beauty Stock Up 0.2 %

NASDAQ:ULTA opened at $373.08 on Thursday. The business’s 50-day moving average price is $368.39 and its two-hundred day moving average price is $415.54. The stock has a market cap of $17.80 billion, a P/E ratio of 14.55, a PEG ratio of 2.10 and a beta of 1.31. Ulta Beauty has a twelve month low of $318.17 and a twelve month high of $574.76.

Hedge Funds Weigh In On Ulta Beauty

A number of hedge funds have recently added to or reduced their stakes in the company. UMB Bank n.a. increased its holdings in shares of Ulta Beauty by 83.3% in the 2nd quarter. UMB Bank n.a. now owns 66 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 30 shares in the last quarter. Vima LLC bought a new position in shares of Ulta Beauty during the fourth quarter valued at $27,000. Riverview Trust Co purchased a new stake in shares of Ulta Beauty during the first quarter valued at $30,000. Sound Income Strategies LLC increased its holdings in Ulta Beauty by 490.0% in the 1st quarter. Sound Income Strategies LLC now owns 59 shares of the specialty retailer’s stock worth $31,000 after buying an additional 49 shares in the last quarter. Finally, LRI Investments LLC bought a new stake in Ulta Beauty in the 1st quarter worth about $31,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

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