$401.04
-2.37[-0.59%]
At close: May 16
$401.04
0[0.00%]
After Hours: 4:00PM EDT
Ulta Beauty
(NASDAQ:ULTA)Ulta Beauty Stock (NASDAQ:ULTA), Analyst Ratings, Price Targets, Predictions
Ulta Beauty Inc has a consensus price target of $520.21, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, Stifel, and Oppenheimer on May 14, 2024, May 14, 2024, and May 7, 2024. With an average price target of $475.33 between Goldman Sachs, Stifel, and Oppenheimer, there's an implied 18.53% upside for Ulta Beauty Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Goldman Sachs
Stifel
Oppenheimer
Barclays
Wells Fargo
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Ulta Beauty
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/14/2024 | Buy Now | 18.69% | Goldman Sachs | Kate McShane | $605 → $476 | Maintains | Neutral | Get Alert |
| 05/14/2024 | Buy Now | 18.44% | Stifel | Mark Astrachan | $565 → $475 | Maintains | Hold | Get Alert |
| 05/07/2024 | Buy Now | 18.44% | Oppenheimer | Rupesh Parikh | $500 → $475 | Maintains | Outperform | Get Alert |
| 04/29/2024 | Buy Now | 8.22% | Barclays | Adrienne Yih | $612 → $434 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 04/24/2024 | Buy Now | -12.73% | Wells Fargo | Ike Boruchow | $450 → $350 | Maintains | Underweight | Get Alert |
| 04/19/2024 | Buy Now | 9.22% | Jefferies | Ashley Helgans | $585 → $438 | Downgrade | Buy → Hold | Get Alert |
| 04/18/2024 | Buy Now | 29.66% | TD Cowen | Oliver Chen | $580 → $520 | Maintains | Buy | Get Alert |
| 04/10/2024 | Buy Now | 45.87% | Jefferies | Ashley Helgans | $610 → $585 | Maintains | Buy | Get Alert |
| 04/09/2024 | Buy Now | 48.36% | Piper Sandler | Korinne Wolfmeyer | $665 → $595 | Maintains | Overweight | Get Alert |
| 04/08/2024 | Buy Now | — | Loop Capital | Anthony Chukumba | — | Upgrade | Hold → Buy | Get Alert |
| 04/04/2024 | Buy Now | 24.68% | Oppenheimer | Rupesh Parikh | $600 → $500 | Maintains | Outperform | Get Alert |
| 04/03/2024 | Buy Now | 52.1% | Raymond James | Olivia Tong | $630 → $610 | Maintains | Strong Buy | Get Alert |
| 03/18/2024 | Buy Now | 57.09% | Raymond James | Olivia Tong | $575 → $630 | Maintains | Strong Buy | Get Alert |
| 03/15/2024 | Buy Now | 30.91% | Morgan Stanley | Simeon Gutman | $480 → $525 | Maintains | Equal-Weight | Get Alert |
| 03/15/2024 | Buy Now | 34.65% | Loop Capital | Anthony Chukumba | $530 → $540 | Maintains | Hold | Get Alert |
| 03/15/2024 | Buy Now | 52.1% | Jefferies | Stephanie Wissink | $587 → $610 | Maintains | Buy | Get Alert |
| 03/15/2024 | Buy Now | 34.65% | BMO Capital | Simeon Siegel | $485 → $540 | Maintains | Market Perform | Get Alert |
| 03/15/2024 | Buy Now | 65.82% | Piper Sandler | Korinne Wolfmeyer | $635 → $665 | Maintains | Overweight | Get Alert |
| 03/15/2024 | Buy Now | 40.88% | Stifel | Mark Astrachan | $505 → $565 | Maintains | Hold | Get Alert |
| 03/15/2024 | Buy Now | 57.09% | Evercore ISI Group | Michael Binetti | $635 → $630 | Maintains | Outperform | Get Alert |
| 03/15/2024 | Buy Now | 12.21% | Wells Fargo | Ike Boruchow | $400 → $450 | Maintains | Underweight | Get Alert |
| 03/15/2024 | Buy Now | 55.84% | Baird | Mark Altschwager | $575 → $625 | Maintains | Outperform | Get Alert |
| 03/15/2024 | Buy Now | 52.6% | Barclays | Adrienne Yih | $583 → $612 | Maintains | Overweight | Get Alert |
| 03/15/2024 | Buy Now | 48.36% | DA Davidson | Michael Baker | $595 → $595 | Maintains | Buy | Get Alert |
| 03/15/2024 | Buy Now | 49.61% | Telsey Advisory Group | Dana Telsey | → $600 | Reiterates | Outperform → Outperform | Get Alert |
| 03/13/2024 | Buy Now | 58.34% | Evercore ISI Group | Michael Binetti | $565 → $635 | Maintains | Outperform | Get Alert |
| 03/11/2024 | Buy Now | 49.61% | Telsey Advisory Group | Dana Telsey | → $600 | Reiterates | Outperform → Outperform | Get Alert |
| 03/05/2024 | Buy Now | 72.05% | UBS | Michael Lasser | $575 → $690 | Maintains | Buy | Get Alert |
| 02/15/2024 | Buy Now | 49.61% | JP Morgan | Christopher Horvers | $535 → $600 | Maintains | Overweight | Get Alert |
| 02/14/2024 | Buy Now | 32.16% | Loop Capital | Anthony Chukumba | → $530 | Downgrade | Buy → Hold | Get Alert |
FAQ
What is the target price for Ulta Beauty (ULTA)?
The latest price target for Ulta Beauty (NASDAQ: ULTA) was reported by Goldman Sachs on May 14, 2024. The analyst firm set a price target for $476.00 expecting ULTA to rise to within 12 months (a possible 18.69% upside). 89 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Ulta Beauty (ULTA)?
The latest analyst rating for Ulta Beauty (NASDAQ: ULTA) was provided by Goldman Sachs, and Ulta Beauty maintained their neutral rating.
When was the last upgrade for Ulta Beauty (ULTA)?
The last upgrade for Ulta Beauty Inc happened on April 8, 2024 when Loop Capital raised their price target to N/A. Loop Capital previously had a hold for Ulta Beauty Inc.
When was the last downgrade for Ulta Beauty (ULTA)?
The last downgrade for Ulta Beauty Inc happened on April 29, 2024 when Barclays changed their price target from $612 to $434 for Ulta Beauty Inc.
When is the next analyst rating going to be posted or updated for Ulta Beauty (ULTA)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ulta Beauty, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ulta Beauty was filed on May 14, 2024 so you should expect the next rating to be made available sometime around May 14, 2025.
Is the Analyst Rating Ulta Beauty (ULTA) correct?
While ratings are subjective and will change, the latest Ulta Beauty (ULTA) rating was a maintained with a price target of $605.00 to $476.00. The current price Ulta Beauty (ULTA) is trading at is $401.04, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.