Analysts Set Expectations for Ulta Beauty Q1 Earnings

Ulta Beauty, Inc. (NASDAQ:ULTA) – Telsey Advisory Group increased their Q1 2026 earnings estimates for shares of Ulta Beauty in a note issued to investors on Monday, March 10th. Telsey Advisory Group analyst D. Telsey now forecasts that the specialty retailer will earn $6.21 per share for the quarter, up from their prior forecast of $6.20. Telsey Advisory Group currently has a “Outperform” rating and a $500.00 target price on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share.

Several other brokerages have also recently weighed in on ULTA. Wells Fargo & Company raised their price target on shares of Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a research report on Tuesday, January 7th. Citigroup raised their price target on shares of Ulta Beauty from $450.00 to $457.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. B. Riley raised shares of Ulta Beauty from a “sell” rating to a “neutral” rating and raised their price target for the company from $330.00 to $430.00 in a research report on Tuesday, January 7th. UBS Group raised their price target on shares of Ulta Beauty from $470.00 to $490.00 and gave the company a “buy” rating in a research report on Friday, December 6th. Finally, Stifel Nicolaus raised their price target on shares of Ulta Beauty from $455.00 to $475.00 and gave the company a “hold” rating in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $459.22.

Ulta Beauty Stock Performance

Shares of NASDAQ ULTA opened at $329.23 on Tuesday. Ulta Beauty has a fifty-two week low of $318.17 and a fifty-two week high of $574.76. The stock has a market cap of $15.27 billion, a price-to-earnings ratio of 13.17, a PEG ratio of 0.89 and a beta of 1.34. The firm’s 50-day simple moving average is $388.78 and its 200 day simple moving average is $387.32.

Institutional Investors Weigh In On Ulta Beauty

Several large investors have recently modified their holdings of the stock. Cornerstone Investment Partners LLC increased its stake in shares of Ulta Beauty by 3.9% during the 4th quarter. Cornerstone Investment Partners LLC now owns 665 shares of the specialty retailer’s stock worth $289,000 after purchasing an additional 25 shares during the last quarter. RWA Wealth Partners LLC increased its stake in shares of Ulta Beauty by 1.5% during the 4th quarter. RWA Wealth Partners LLC now owns 1,867 shares of the specialty retailer’s stock worth $812,000 after purchasing an additional 28 shares during the last quarter. Lido Advisors LLC increased its stake in shares of Ulta Beauty by 5.0% during the 4th quarter. Lido Advisors LLC now owns 626 shares of the specialty retailer’s stock worth $272,000 after purchasing an additional 30 shares during the last quarter. Colonial Trust Co SC grew its stake in Ulta Beauty by 36.9% in the 4th quarter. Colonial Trust Co SC now owns 115 shares of the specialty retailer’s stock valued at $50,000 after buying an additional 31 shares in the last quarter. Finally, Stonegate Investment Group LLC grew its stake in Ulta Beauty by 0.5% in the 4th quarter. Stonegate Investment Group LLC now owns 6,623 shares of the specialty retailer’s stock valued at $2,881,000 after buying an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Company Profile

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.