NASDAQ:ULTA

Ulta Beauty (ULTA) Price Target & Analyst Ratings

$398.73

-5.52 (-1.37%)

(As of 09/22/2023 08:52 PM ET)

Compare

Today's Range: $397.87
▼
$407.13
50-Day Range: $398.73
▼
$472.72
52-Week Range: $373.80
▼
$556.60

Volume: 660,700 shs
Average Volume: 771,912 shs
Market Capitalization: $19.63 billion

P/E Ratio: 16.00
Dividend Yield: N/A
Price Target: $545.13

Ulta Beauty Consensus Rating and Price Target (2023)

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.

Consensus Analyst Rating

Moderate Buy
Based on 19 Analyst Ratings

Consensus Analyst Price Target

$545.13
36.72% Upside

High Prediction	$650.00
Average Prediction	$545.13
Low Prediction	$375.00

Type	Current 9/25/22 to 9/25/23	1 Month Ago 8/26/22 to 8/26/23	3 Months Ago 6/27/22 to 6/27/23	1 Year Ago 9/25/21 to 9/25/22
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	13 Buy rating(s)	15 Buy rating(s)	14 Buy rating(s)	16 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	6 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$545.13	$545.58	$548.46	$482.27
Predicted Upside	36.72% Upside	16.80% Upside	11.94% Upside	18.52% 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.

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.

Ulta Beauty Stock vs. The Competition

Type	Ulta Beauty	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.74	2.41	2.49
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	36.72% Upside	241.72% Upside	629.68% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
8/31/2023	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$600.00	+42.58%
8/28/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$520.00 ➝ $480.00	+17.89%
8/27/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$600.00 ➝ $587.00	+44.17%
8/25/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$540.00	+27.74%
8/25/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$540.00 ➝ $495.00	+17.09%
8/25/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Strong-Buy ➝ Strong-Buy	$600.00 ➝ $550.00	+30.10%
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8/25/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$350.00 ➝ $375.00	-11.29%
8/25/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$560.00 ➝ $550.00	+30.10%
8/25/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$570.00 ➝ $571.00	+35.07%
8/18/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$460.00 ➝ $475.00	+6.34%
6/13/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$490.00 ➝ $520.00	+22.38%
5/26/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$510.00 ➝ $485.00	-0.02%
5/26/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$540.00 ➝ $490.00	+1.01%
5/26/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$525.00 ➝ $475.00	-2.09%
5/11/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$590.00 ➝ $640.00	+26.86%
4/26/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$615.00 ➝ $640.00	+17.89%
3/31/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$530.00 ➝ $600.00	+10.83%
3/28/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$622.00	+19.51%
3/10/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$600.00 ➝ $650.00	+25.02%
3/10/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$535.00 ➝ $580.00	+11.55%
2/16/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$503.00 ➝ $570.00	+8.25%
12/12/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$511.00 ➝ $508.00	+7.71%
11/28/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$535.00	+17.01%

(Data available from 9/25/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

ULTA Price Target - Frequently Asked Questions

What is Ulta Beauty's consensus rating and price target?: According to the issued ratings of 19 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, 13 buy ratings and 1 strong buy rating for ULTA. The average twelve-month price prediction for Ulta Beauty is $545.13 with a high price target of $650.00 and a low price target of $375.00. 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.
Does Ulta Beauty's stock price have much upside?: According to analysts, Ulta Beauty's stock has a predicted upside of 17.17% based on their 12-month price targets.

What analysts cover Ulta Beauty?: Ulta Beauty has been rated by Barclays, Citigroup, DA Davidson, Deutsche Bank Aktiengesellschaft, Morgan Stanley, Oppenheimer, Raymond James, Robert W. Baird, Telsey Advisory Group, and Wells Fargo & Company in the past 90 days.

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This page (NASDAQ:ULTA) was last updated on 9/25/2023 by MarketBeat.com Staff

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