The Ulta Beauty Inc (ULTA) share price is expected to increase by 3.22% over the next year. This is based on calculating the average 12-month share price estimate provided by 25 stock analysts who have covered ULTA. Price targets range from $300 at the low end to $472 at the high end. The current analyst consensus for ULTA is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
ULTA is a stock in Consumer Cyclical which has been forecasted to be worth $397.68 as an average. On the higher end, the forecast price is $472 USD by Christopher Horvers from JP Morgan and on the lower end ULTA is forecasted to be $300 by from Baird.
These are the latest 20 analyst ratings of ULTA.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Christopher Horvers JP Morgan | Overweight | $472 | Maintains | Oct 21, 2024 |
Dana Telsey Telsey Advisory Group | Outperform | $450 | Maintains | Oct 17, 2024 |
Korinne Wolfmeyer Piper Sandler | Neutral | $357 | Maintains | Oct 17, 2024 |
Mark Astrachan Stifel | Hold | $395 | Maintains | Oct 17, 2024 |
Oliver Chen TD Cowen | Hold | $380 | Maintains | Oct 17, 2024 |
Rupesh Parikh Oppenheimer | Outperform | $435 | Maintains | Oct 16, 2024 |
Olivia Tong Raymond James | Outperform | $440 | Maintains | Oct 14, 2024 |
Krisztina Katai Deutsche Bank | Buy | $424 | Maintains | Oct 9, 2024 |
Oliver Chen TD Cowen | Hold | $390 | Maintains | Oct 3, 2024 |
Oliver Chen TD Cowen | Hold | $395 | Downgrade | Sep 23, 2024 |
Anna Glaessgen B. Riley Securities | Sell | $300 | Initiates | Sep 10, 2024 |
Anthony Chukumba Loop Capital | Buy | $450 | Maintains | Sep 3, 2024 |
Korinne Wolfmeyer Piper Sandler | Neutral | $356 | Reiterates | Aug 30, 2024 |
Rupesh Parikh Oppenheimer | Outperform | $435 | Maintains | Aug 30, 2024 |
Mark Astrachan Stifel | Hold | $385 | Maintains | Aug 30, 2024 |
Michael Baker DA Davidson | Buy | $435 | Maintains | Aug 30, 2024 |
Michael Lasser UBS | Buy | $505 | Maintains | Aug 30, 2024 |
Kelly Crago Citigroup | Neutral | $345 | Maintains | Aug 30, 2024 |
Simeon Siegel BMO Capital | Market Perform | $385 | Maintains | Aug 30, 2024 |
Olivia Tong Raymond James | Outperform | $450 | Downgrade | Aug 30, 2024 |
When did it IPO
2007
Staff Count
20,000
Country
United States
Sector/Industry
Consumer Cyclical/Specialty Retail
CEO
Mr. David C. Kimbell
Market Cap
$18.15B
In 2023, ULTA generated $10.21B in revenue, which was a increase of 18.28% from the previous year. This can be seen as a signal that ULTA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Ulta Beauty (ULTA) closed at $382.91, down 0.26% from the prior day's trading session.
Why It Matters - Ulta Beauty's slight decline in stock price could indicate market volatility or shifting investor sentiment, impacting future trading decisions and overall market confidence.
Summary - Michael Baker, a senior research analyst at D.A. Davidson, discussed retail earnings, consumer spending trends, and stock insights on CNBC's 'The Exchange.'
Why It Matters - Michael Baker's insights on retail earnings and consumer spending trends can guide investment decisions in retail stocks, impacting portfolio strategies and market expectations.
Summary - Ulta Beauty (ULTA) closed at $380.08, marking a 1.82% increase from the previous trading day.
Why It Matters - Ulta Beauty's stock increase indicates positive market sentiment, potentially attracting more investment and signaling strong business performance or growth expectations.
Summary - Major investors see potential in Ulta's recent stock decline, indicating possible recovery or growth opportunities for investors considering the brand.
Why It Matters - The Ulta sell-off signals potential undervaluation, attracting top investors, which could lead to increased market interest and drive up stock prices.
Summary - Rokt partners with Ulta Beauty to enhance UB Media's retail network by introducing non-endemic ads, allowing external brands to target Ulta customers ahead of the 2024 holiday season.
Why It Matters - The partnership expands Ulta Beauty's advertising capabilities, potentially increasing revenue and enhancing customer experience, which could positively influence its stock performance.
Summary - Zacks.com users are closely monitoring Ulta (ULTA) stock, indicating potential interest and changes in market sentiment.
Why It Matters - Increased attention from Zacks.com users indicates heightened interest in Ulta, potentially influencing stock demand and price volatility, which can impact investment decisions.