The latest price target for Ulta Beauty (NASDAQ:ULTA) was reported by Morgan Stanley on January 21, 2025. The analyst firm set a price target for $500.00 expecting ULTA to rise to within 12 months (a possible 18.65% upside). 100 analyst firms have reported ratings in the last year.

The latest analyst rating for Ulta Beauty (NASDAQ:ULTA) was provided by Morgan Stanley, and Ulta Beauty upgraded their overweight rating.

The last upgrade for Ulta Beauty Inc happened on January 21, 2025 when Morgan Stanley raised their price target to $500. Morgan Stanley previously had an equal-weight for Ulta Beauty Inc.

The last downgrade for Ulta Beauty Inc happened on November 21, 2024 when William Blair changed their price target from N/A to N/A for Ulta Beauty Inc.

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 January 21, 2025 so you should expect the next rating to be made available sometime around January 21, 2026.

While ratings are subjective and will change, the latest Ulta Beauty (ULTA) rating was a upgraded with a price target of $430.00 to $500.00. The current price Ulta Beauty (ULTA) is trading at is $421.40, which is out of the analyst’s predicted range.