Telsey Advisory Group Forecasts Strong Price Appreciation for Ulta Beauty (NASDAQ:ULTA) Stock

Ulta Beauty (NASDAQ:ULTA) had its price objective lifted by investment analysts at Telsey Advisory Group from $450.00 to $500.00 in a research report issued to clients and investors on Friday, Marketbeat Ratings reports. The firm currently has an “outperform” rating on the specialty retailer’s stock. Telsey Advisory Group’s target price indicates a potential upside of 16.78% from the stock’s current price. Telsey Advisory Group also issued estimates for Ulta Beauty’s Q4 2025 earnings at $6.79 EPS and Q4 2026 earnings at $6.64 EPS.

Other equities research analysts have also issued reports about the company. UBS Group decreased their price objective on Ulta Beauty from $550.00 to $505.00 and set a “buy” rating for the company in a research report on Friday, August 30th. Canaccord Genuity Group raised their price target on shares of Ulta Beauty from $442.00 to $476.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd. Bank of America lowered their price target 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. DA Davidson reduced their price objective on Ulta Beauty from $507.00 to $435.00 and set a “buy” rating for the company in a research report on Friday, August 30th. Finally, Stifel Nicolaus upped their target price on Ulta Beauty from $385.00 to $395.00 and gave the stock a “hold” rating in a research report on Thursday, October 17th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $438.00.

Ulta Beauty Price Performance

Ulta Beauty stock opened at $428.17 on Friday. Ulta Beauty has a fifty-two week low of $318.17 and a fifty-two week high of $574.76. The firm’s 50 day simple moving average is $374.15 and its 200-day simple moving average is $376.64. The company has a market cap of $20.18 billion, a P/E ratio of 17.13, a price-to-earnings-growth ratio of 2.30 and a beta of 1.32.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share for the quarter, topping the consensus estimate of $4.45 by $0.69. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Ulta Beauty had a net margin of 10.68% and a return on equity of 54.02%. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the company posted $5.07 EPS. On average, analysts expect that Ulta Beauty will post 23.07 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. UMB Bank n.a. increased its position in 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 acquiring an additional 30 shares during the period. Innealta Capital LLC acquired a new stake in Ulta Beauty in the 2nd quarter worth $32,000. Paladin Wealth LLC bought a new position in shares of Ulta Beauty during the 3rd quarter worth about $32,000. Westside Investment Management Inc. raised its position in shares of Ulta Beauty by 151.5% during the third quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 50 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in shares of Ulta Beauty by 118.4% in the third quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 45 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

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.