Q1 Earnings Forecast for Ulta Beauty Issued By DA Davidson

Ulta Beauty, Inc. (NASDAQ:ULTA) – Investment analysts at DA Davidson issued their Q1 2026 earnings per share (EPS) estimates for shares of Ulta Beauty in a research report issued to clients and investors on Friday, March 14th. DA Davidson analyst M. Baker expects that the specialty retailer will earn $5.76 per share for the quarter. DA Davidson currently has a “Buy” rating and a $415.00 price objective on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share. DA Davidson also issued estimates for Ulta Beauty’s FY2027 earnings at $26.13 EPS.

A number of other equities research analysts have also issued reports on the company. Stifel Nicolaus cut their price target on Ulta Beauty from $475.00 to $400.00 and set a “hold” rating for the company in a research note on Friday. UBS Group lifted their price target on shares of Ulta Beauty from $470.00 to $490.00 and gave the company a “buy” rating in a report on Friday, December 6th. TD Cowen increased their price objective on shares of Ulta Beauty from $450.00 to $480.00 and gave the company a “hold” rating in a report on Wednesday, January 8th. Citigroup lifted their target price on Ulta Beauty from $450.00 to $457.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. Finally, Piper Sandler dropped their price target on Ulta Beauty from $425.00 to $364.00 and set a “neutral” rating for the company in a research note on Friday. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $431.13.

Ulta Beauty Price Performance

ULTA stock opened at $357.48 on Monday. The company has a market cap of $16.58 billion, a P/E ratio of 14.30, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34. The stock’s fifty day moving average price is $385.01 and its 200-day moving average price is $386.94. Ulta Beauty has a 1 year low of $309.01 and a 1 year high of $544.36.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.13 by $1.33. The business had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The business’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the previous year, the company earned $8.08 earnings per share.

Institutional Trading of Ulta Beauty

Several institutional investors have recently added to or reduced their stakes in ULTA. Capital World Investors acquired a new position in Ulta Beauty during the 4th quarter worth $430,674,000. Ontario Teachers Pension Plan Board purchased a new stake in shares of Ulta Beauty during the 3rd quarter worth approximately $359,480,000. Norges Bank purchased a new position in shares of Ulta Beauty in the 4th quarter valued at $239,432,000. Marshall Wace LLP lifted its holdings in shares of Ulta Beauty by 10,336.7% in the 4th quarter. Marshall Wace LLP now owns 459,110 shares of the specialty retailer’s stock valued at $199,681,000 after purchasing an additional 454,711 shares during the last quarter. Finally, Holocene Advisors LP boosted its position in shares of Ulta Beauty by 3,246.2% in the 3rd quarter. Holocene Advisors LP now owns 346,262 shares of the specialty retailer’s stock valued at $134,737,000 after purchasing an additional 335,914 shares during the period. Institutional investors and hedge funds own 90.39% 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.