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NASDAQ: ULTA
Ulta Beauty Inc Stock Forecast, Predictions & Price Target

Analyst price target for ULTA

Based on 18 analysts offering 12 month price targets for Ulta Beauty Inc.
Min Forecast
$375.00-11.97%
Avg Forecast
$520.06+22.08%
Max Forecast
$606.00+42.26%

Should I buy or sell ULTA stock?

Based on 18 analysts offering ratings for Ulta Beauty Inc.
Buy
Strong Buy
8 analysts 44.44%
Buy
4 analysts 22.22%
Hold
5 analysts 27.78%
Sell
0 analysts 0%
Strong Sell
1 analysts 5.56%

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ULTA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-29
lockedlocked$00.00+00.00%2023-11-27
lockedlocked$00.00+00.00%2023-11-21
lockedlocked$00.00+00.00%2023-11-07
lockedlocked$00.00+00.00%2023-10-23
Morgan Stanley
Bottom 1%
1
HoldMaintains$480.00+12.68%2023-08-28
Barclays
Top 3%
98
Strong BuyMaintains$587.00+37.80%2023-08-27
BMO Capital
Top 4%
97
HoldMaintains$485.00+13.85%2023-08-27
Loop Capital
Top 15%
86
Strong BuyMaintains$520.00+22.07%2023-08-25
Bank of America
Bottom 8%
8
HoldMaintains$490.00+15.03%2023-08-25

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Forecast return on equity

Is ULTA forecast to generate an efficient return?
Company
59.85%
Industry
7.45%
Market
30.08%
ULTA's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ULTA forecast to generate an efficient return on assets?
Company
21.7%
Industry
4.46%
ULTA is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ULTA revenue forecast

What is ULTA's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$11.1B+2.42%
Avg 2 year Forecast
$11.7B+7.52%
Avg 3 year Forecast
$12.4B+13.72%
ULTA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ULTA earnings growth forecast

How is ULTA forecast to perform vs Specialty Retail companies and vs the US market?
Company
0.51%
Industry
8.27%
Market
17.67%
ULTA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ULTA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ULTA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ULTA revenue growth forecast

How is ULTA forecast to perform vs Specialty Retail companies and vs the US market?
Company
4.29%
Industry
4.49%
Market
7.51%
ULTA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ULTA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ULTA vs Retail Stocks

TickerPricePrice TargetUp/downsideConsensus
ULTA$425.99$520.06+22.08%Buy
TSCO$203.01$225.11+10.89%Buy
GPC$132.78$156.00+17.49%Buy
BBY$70.94$75.91+7.00%Hold
WSM$187.54$154.71-17.50%Sell

Ulta Beauty Stock Forecast FAQ

Is Ulta Beauty Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 18 Wall Street analysts covering (NASDAQ: ULTA) stock is to Buy ULTA stock.

Out of 18 analysts, 8 (44.44%) are recommending ULTA as a Strong Buy, 4 (22.22%) are recommending ULTA as a Buy, 5 (27.78%) are recommending ULTA as a Hold, 0 (0%) are recommending ULTA as a Sell, and 1 (5.56%) are recommending ULTA as a Strong Sell.

If you're new to stock investing, here's how to buy Ulta Beauty stock.

What is ULTA's revenue growth forecast for 2024-2026?

(NASDAQ: ULTA) Ulta Beauty's forecast annual revenue growth rate of 4.29% is not forecast to beat the US Specialty Retail industry's average forecast revenue growth rate of 4.49%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.51%.

Ulta Beauty's revenue in 2023 is $10,879,778,000.On average, 11 Wall Street analysts forecast ULTA's revenue for 2024 to be $541,106,998,214, with the lowest ULTA revenue forecast at $537,498,537,570, and the highest ULTA revenue forecast at $548,634,421,841. On average, 11 Wall Street analysts forecast ULTA's revenue for 2025 to be $568,065,681,569, with the lowest ULTA revenue forecast at $557,488,011,936, and the highest ULTA revenue forecast at $573,997,130,940.

In 2026, ULTA is forecast to generate $600,838,538,231 in revenue, with the lowest revenue forecast at $587,778,063,919 and the highest revenue forecast at $609,447,038,350.

What is ULTA's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: ULTA) forecast ROA is 21.7%, which is higher than the forecast US Specialty Retail industry average of 4.46%.

What is ULTA's Price Target?

According to 18 Wall Street analysts that have issued a 1 year ULTA price target, the average ULTA price target is $520.06, with the highest ULTA stock price forecast at $606.00 and the lowest ULTA stock price forecast at $375.00.

On average, Wall Street analysts predict that Ulta Beauty's share price could reach $520.06 by Nov 29, 2024. The average Ulta Beauty stock price prediction forecasts a potential upside of 22.08% from the current ULTA share price of $425.99.

What is ULTA's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: ULTA) forecast ROE is 59.85%, which is considered strong.
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