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CGC   7.83 (+20.65%)
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PYPL   62.10 (-1.83%)
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GE   152.94 (-1.75%)
CGC   7.83 (+20.65%)
DIS   112.43 (-0.45%)
AMC   2.92 (-2.01%)
PFE   25.39 (-0.12%)
PYPL   62.10 (-1.83%)
XOM   118.52 (-0.09%)
QQQ   423.41 (-0.57%)
AAPL   167.04 (-0.57%)
MSFT   404.27 (-1.84%)
META   501.80 (+1.54%)
GOOGL   156.01 (+0.35%)
AMZN   179.22 (-1.14%)
TSLA   149.93 (-3.55%)
NVDA   846.71 (+0.76%)
AMD   155.08 (+0.69%)
NIO   4.00 (+2.30%)
BABA   68.88 (+0.09%)
T   16.33 (+1.30%)
F   12.06 (+0.17%)
MU   111.93 (-3.78%)
GE   152.94 (-1.75%)
CGC   7.83 (+20.65%)
DIS   112.43 (-0.45%)
AMC   2.92 (-2.01%)
PFE   25.39 (-0.12%)
PYPL   62.10 (-1.83%)
XOM   118.52 (-0.09%)

Ulta Beauty (ULTA) Stock Forecast & Price Target

$425.11
+0.56 (+0.13%)
(As of 04:35 PM ET)

Ulta Beauty Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 20 Analyst Ratings

Analysts' Consensus Price Target

$568.29
33.68% Upside
High Forecast$690.00
Average Forecast$568.29
Low Forecast$450.00
TypeCurrent Forecast
4/19/23 to 4/18/24
1 Month Ago
3/20/23 to 3/19/24
3 Months Ago
1/19/23 to 1/19/24
1 Year Ago
4/19/22 to 4/19/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
14 Buy rating(s)
13 Buy rating(s)
15 Buy rating(s)
15 Buy rating(s)
Hold
4 Hold rating(s)
5 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$568.29$579.81$528.95$561.63
Predicted Upside33.68% Upside11.48% Upside16.17% Upside13.48% Upside
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ULTA Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ULTA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Ulta Beauty Stock vs. The Competition

TypeUlta BeautyRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.75
2.42
2.49
Consensus RatingModerate BuyHoldHold
Predicted Upside33.86% Upside61.93% Upside12.27% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/18/2024TD Cowen
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 Lower TargetBuy ➝ Buy$580.00 ➝ $520.00+22.48%
4/10/2024Jefferies Financial Group
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 Lower TargetBuy ➝ Buy$610.00 ➝ $585.00+30.62%
4/9/2024Piper Sandler
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 Lower TargetOverweight ➝ Overweight$665.00 ➝ $595.00+31.76%
4/8/2024Loop Capital
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 UpgradeHold ➝ Buy$540.00+21.42%
4/4/2024Oppenheimer
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 Lower TargetOutperform ➝ Outperform$600.00 ➝ $500.00+13.64%
4/3/2024Raymond James
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 Lower TargetStrong-Buy ➝ Strong-Buy$630.00 ➝ $610.00+37.38%
3/15/2024Telsey Advisory Group
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 Reiterated RatingOutperform ➝ Outperform$600.00+12.10%
3/15/2024DA Davidson
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 Reiterated RatingBuy ➝ Buy$595.00+11.17%
3/15/2024Barclays
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 Boost TargetOverweight ➝ Overweight$583.00 ➝ $612.00+14.35%
3/15/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$575.00 ➝ $625.00+16.77%
3/15/2024Wells Fargo & Company
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 Boost TargetUnderweight ➝ Underweight$400.00 ➝ $450.00-15.92%
3/15/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$505.00 ➝ $565.00+5.56%
3/15/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$485.00 ➝ $540.00+0.72%
3/15/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$480.00 ➝ $525.00-2.08%
3/15/2024Deutsche Bank Aktiengesellschaft
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 Boost Target$574.00 ➝ $627.00+17.42%
3/15/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$656.00 ➝ $635.00+18.91%
3/5/2024UBS Group
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 Boost TargetBuy ➝ Buy$575.00 ➝ $690.00+27.50%
2/15/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$535.00 ➝ $600.00+13.94%
12/6/2023Argus
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 Boost TargetBuy ➝ Buy$500.00 ➝ $545.00+10.15%
12/1/2023Citigroup
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 Boost TargetNeutral ➝ Neutral$440.00 ➝ $485.00+13.85%
5/26/2023Bank of America
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 Lower Target$540.00 ➝ $490.00+1.01%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:12 PM ET.

ULTA Price Target - Frequently Asked Questions

What is Ulta Beauty's consensus rating and price target?

According to the issued ratings of 20 analysts in the last year, the consensus rating for Ulta Beauty stock is Moderate Buy based on the current 1 sell rating, 4 hold ratings, 14 buy ratings and 1 strong buy rating for ULTA. The average twelve-month price prediction for Ulta Beauty is $568.29 with a high price target of $690.00 and a low price target of $450.00. Learn more on ULTA's analyst rating history.

Do Wall Street analysts like Ulta Beauty more than its competitors?

Analysts like Ulta Beauty more than other Retail/Wholesale companies. The consensus rating for Ulta Beauty is Moderate Buy while the average consensus rating for retail/wholesale companies is Hold. Learn more on how ULTA compares to other companies.

Is Ulta Beauty being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, Ulta Beauty's stock had 1 upgrade and 1 downgrade by analysts.

Does Ulta Beauty's stock price have much upside?

According to analysts, Ulta Beauty's stock has a predicted upside of 14.44% based on their 12-month stock forecasts.


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This page (NASDAQ:ULTA) was last updated on 4/18/2024 by MarketBeat.com Staff

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