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

Analyst price target for ULTA

Based on 19 analysts offering 12 month price targets for Ulta Beauty Inc.
Min Forecast
$300.00-21.49%
Avg Forecast
$391.16+2.36%
Max Forecast
$490.00+28.23%

Should I buy or sell ULTA stock?

Based on 20 analysts offering ratings for Ulta Beauty Inc.
Buy
Strong Buy
7 analysts 35%
Buy
5 analysts 25%
Hold
8 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

ULTA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Wells Fargo
Top 6%
95
HoldDowngrades$425.00+11.22%2021-08-27
Cowen & Co.
Top 21%
80
BuyMaintains$490.00+28.23%2021-08-26
Oppenheimer
Top 10%
91
BuyMaintains$450.00+17.76%2021-08-26
Morgan Stanley
Bottom 1%
1
HoldMaintains$430.00+12.53%2021-08-26
Raymond James
Top 28%
73
BuyMaintains$460.00+20.38%2021-08-26
BMO Capital
Top 6%
95
HoldMaintains$345.00-9.72%2021-08-26
Telsey Advisory Group
Top 18%
83
BuyMaintains$475.00+24.30%2021-08-26
Anonymous
Deutsche Bank
Strong BuyMaintains$417.00+9.13%2021-08-24
Stifel Nicolaus
Top 12%
89
HoldMaintains$385.00+0.75%2021-08-18
Deutsche Bank
Top 5%
96
Strong BuyMaintains$410.00+7.29%2021-05-28

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Forecast return on equity

Is ULTA forecast to generate an efficient return?
Company
55.23%
Industry
9.29%
Market
2,530.69%
ULTA's Return on Equity is forecast to be high in 3 years (55.23%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is ULTA forecast to generate an efficient return on assets?
Company
20.95%
Industry
13.03%
Market
1,237.47%
ULTA is forecast to generate higher Return on Assets (20.95%) than the US Specialty Retail industry average (13.03%)
Forecast

ULTA earnings per share forecast

What is ULTA's earnings per share in the next 3 years based on estimates from 14 analysts?
Avg 1 year Forecast
$15.04+14.9%
Avg 2 year Forecast
$16.66+27.27%
Avg 3 year Forecast
$19.10+45.91%
ULTA's earnings are forecast to grow at a rate of 12.77% per year, which is not exceptional
Forecast

ULTA revenue forecast

What is ULTA's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$8.3B+8.53%
Avg 2 year Forecast
$9.0B+17.54%
Avg 3 year Forecast
$9.6B+25.27%
ULTA's revenue is forecast to grow at a rate of 7.9% per year, which is not exceptional
Forecast

ULTA earnings growth forecast

How is ULTA forecast to perform vs Specialty Retail companies and vs the US market?
Company
12.77%
Industry
3.59%
Market
18.62%
ULTA's earnings are forecast to grow faster (12.77% per year) than the US Specialty Retail industry average (3.59%)
Forecast
ULTA's earnings are forecast to grow slower (12.77% per year) than the US market average (18.62%)
Forecast
ULTA's earnings are forecast to grow faster (12.77% per year) than the risk-free savings rate (1.5%)
Forecast

ULTA revenue growth forecast

How is ULTA forecast to perform vs Specialty Retail companies and vs the US market?
Company
7.9%
Industry
4.75%
Market
12.38%
ULTA's revenues are forecast to grow faster (7.9% per year) than the US Specialty Retail industry average (4.75%)
Forecast
ULTA's revenues are forecast to grow slower (7.9% per year) than the US market average (12.38%)
Forecast

Ulta Beauty Stock Forecast FAQ

Is Ulta Beauty Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 20 Wall Street analysts covering (NASDAQ: ULTA) stock is to Buy ULTA stock.

Out of 20 analysts, 7 (35%) are recommending ULTA as a Strong Buy, 5 (25%) are recommending ULTA as a Buy, 8 (40%) are recommending ULTA as a Hold, 0 (0%) are recommending ULTA as a Sell, and 0 (0%) are recommending ULTA as a Strong Sell.

What is ULTA's earnings growth forecast for 2022-2024?

(NASDAQ: ULTA) Ulta Beauty's forecast annual earnings growth rate of 12.77% is forecast to beat the US Specialty Retail industry's average forecast earnings growth rate of 3.59%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.62%.

Ulta Beauty's earnings in 2021 is $727,474,000.On average, 14 Wall Street analysts forecast ULTA's earnings for 2022 to be $817,537,793, with the lowest ULTA earnings forecast at $791,989,737, and the highest ULTA earnings forecast at $849,608,757. On average, 13 Wall Street analysts forecast ULTA's earnings for 2023 to be $905,597,050, with the lowest ULTA earnings forecast at $769,159,559, and the highest ULTA earnings forecast at $946,908,800.

In 2024, ULTA is forecast to generate $1,038,229,511 in earnings, with the lowest earnings forecast at $989,307,701 and the highest earnings forecast at $1,113,242,952.

What is ULTA's revenue growth forecast for 2022-2024?

(NASDAQ: ULTA) Ulta Beauty's forecast annual revenue growth rate of 7.9% is forecast to beat the US Specialty Retail industry's average forecast revenue growth rate of 4.75%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.38%.

Ulta Beauty's revenue in 2021 is $7,656,460,000.On average, 10 Wall Street analysts forecast ULTA's revenue for 2022 to be $451,680,933,223, with the lowest ULTA revenue forecast at $441,818,296,448, and the highest ULTA revenue forecast at $462,468,735,771. On average, 10 Wall Street analysts forecast ULTA's revenue for 2023 to be $489,168,465,542, with the lowest ULTA revenue forecast at $476,715,853,820, and the highest ULTA revenue forecast at $505,362,291,102.

In 2024, ULTA is forecast to generate $521,375,703,900 in revenue, with the lowest revenue forecast at $516,050,075,729 and the highest revenue forecast at $530,046,061,823.

What is ULTA's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: ULTA) forecast ROA is 20.95%, which is higher than the forecast US Specialty Retail industry average of 13.03%.

What is ULTA's Price Target?

According to 19 Wall Street analysts that have issued a 1 year ULTA price target, the average ULTA price target is $391.16, with the highest ULTA stock price forecast at $490.00 and the lowest ULTA stock price forecast at $300.00.

On average, Wall Street analysts predict that Ulta Beauty's share price could stay at $391.16 by Aug 27, 2022. The average Ulta Beauty stock price prediction forecasts a potential downside of N/A from the current ULTA share price of $382.13.

What is ULTA's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: ULTA) Ulta Beauty's current Earnings Per Share (EPS) is $13.09. On average, analysts forecast that ULTA's EPS will be $15.04 for 2022, with the lowest EPS forecast at $14.57, and the highest EPS forecast at $15.63. On average, analysts forecast that ULTA's EPS will be $16.66 for 2023, with the lowest EPS forecast at $14.15, and the highest EPS forecast at $17.42. In 2024, ULTA's EPS is forecast to hit $19.10 (min: $18.20, max: $20.48).

What is ULTA's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: ULTA) forecast ROE is 55.23%, which is considered strong.
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