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Ulta Beauty Inc has a consensus price target of $656.5 based on the ratings of 24 analysts. The high is $799 issued by Canaccord Genuity on March 13, 2026. The low is $386 issued by Truist Securities on May 15, 2025. The 3 most-recent analyst ratings were released by Canaccord Genuity, Oppenheimer, and JP Morgan on March 13, 2026, respectively. With an average price target of $733 between Canaccord Genuity, Oppenheimer, and JP Morgan, there's an implied 41.86% upside for Ulta Beauty Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ulta Beauty (NASDAQ:ULTA) was reported by Canaccord Genuity on March 13, 2026. The analyst firm set a price target for $799.00 expecting ULTA to rise to within 12 months (a possible 54.64% upside). 97 analyst firms have reported ratings in the last year.
The latest analyst rating for Ulta Beauty (NASDAQ:ULTA) was provided by Canaccord Genuity, and Ulta Beauty maintained their buy rating.
The last upgrade for Ulta Beauty Inc happened on January 21, 2026 when Raymond James raised their price target to $790. Raymond James previously had an outperform for Ulta Beauty Inc.
The last downgrade for Ulta Beauty Inc happened on July 25, 2025 when Loop Capital changed their price target from $510 to $510 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 March 13, 2026 so you should expect the next rating to be made available sometime around March 13, 2027.
While ratings are subjective and will change, the latest Ulta Beauty (ULTA) rating was a maintained with a price target of $799.00 to $799.00. The current price Ulta Beauty (ULTA) is trading at is $516.70, which is out of the analyst’s predicted range.