
Ulta Beauty (ULTA) Stock Forecast & Price Target
Ulta Beauty (ULTA) Analyst Ratings
Bulls say
Ulta Beauty's financial performance showcased robust growth with net sales rising approximately 12.9%, driven by market share gains in prestige skincare and fragrances, as well as contributions from an increased number of new brand launches. Comparable store sales (comps) increased by 6.3%, significantly beating the industry's average expectations, highlighting the company's effective competitive strategy. Additionally, the expansion of gross margin by 70 basis points year-over-year to 40.4% underscores Ulta's successful management of merchandise margins and other revenue streams, reinforcing its strong position in the beauty retail market.
Bears say
Ulta Beauty reported a Q3 EPS of $5.14, matching the prior year's performance, indicating stagnation amid a challenging market. Key risks influencing the negative outlook include a decline in consumer confidence, intensified competition from e-commerce retailers, potential supply chain disruptions from a concentrated vendor base, and rising labor costs. Additionally, the anticipated loss of royalty revenue from the Target partnership in 2026 could pose a significant challenge, despite management's assertions of offsetting growth from alternative revenue streams.
This aggregate rating is based on analysts' research of Ulta Beauty and is not a guaranteed prediction by Public.com or investment advice.
Ulta Beauty (ULTA) Analyst Forecast & Price Prediction
Start investing in Ulta Beauty (ULTA)
Order type
Buy in
Order amount
Est. shares
0 shares