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Ulta Beauty Inc has a consensus price target of $628.88 based on the ratings of 25 analysts. The high is $790 issued by Raymond James on January 21, 2026. The low is $437 issued by Piper Sandler on May 30, 2025. The 3 most-recent analyst ratings were released by Citigroup, UBS, and B. Riley Securities on June 4, 2026, June 3, 2026, and June 3, 2026, respectively. With an average price target of $598.33 between Citigroup, UBS, and B. Riley Securities, there's an implied 29.23% 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 Citigroup on June 4, 2026. The analyst firm set a price target for $560.00 expecting ULTA to rise to within 12 months (a possible 20.95% upside). 87 analyst firms have reported ratings in the last year.
The latest analyst rating for Ulta Beauty (NASDAQ:ULTA) was provided by Citigroup, and Ulta Beauty maintained their neutral rating.
The last upgrade for Ulta Beauty Inc happened on April 20, 2026 when Jefferies raised their price target to $700. Jefferies previously had a hold 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 June 4, 2026 so you should expect the next rating to be made available sometime around June 4, 2027.
While ratings are subjective and will change, the latest Ulta Beauty (ULTA) rating was a maintained with a price target of $600.00 to $560.00. The current price Ulta Beauty (ULTA) is trading at is $463.00, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 06/04/2026 | Buy Now | 20.95% | Citigroup | $600 → $560 | Maintains | Neutral | Get Alert |
| 06/03/2026 | Buy Now | 58.75% | UBS | $810 → $735 | Maintains | Buy | Get Alert |
| 06/03/2026 | Buy Now | 7.99% | B. Riley Securities | $600 → $500 | Maintains | Neutral | Get Alert |
| 06/03/2026 | Buy Now | 36.07% | Morgan Stanley | $700 → $630 | Maintains | Overweight | Get Alert |
| 06/03/2026 | Buy Now | 40.82% | Goldman Sachs | $741 → $652 | Maintains | Buy | Get Alert |
| 06/03/2026 | Buy Now | 36.29% | JP Morgan | $750 → $631 | Maintains | Overweight | Get Alert |
| 06/03/2026 | Buy Now | 29.59% | Piper Sandler | $725 → $600 | Maintains | Overweight | Get Alert |
| 06/03/2026 | Buy Now | 37.15% | Evercore ISI Group | $675 → $635 | Maintains | Outperform | Get Alert |
| 06/03/2026 | Buy Now | 57.88% | Canaccord Genuity | $799 → $731 | Maintains | Buy | Get Alert |
| 06/03/2026 | Buy Now | -2.81% | Wells Fargo | $475 → $450 | Maintains | Underweight | Get Alert |
| 06/03/2026 | Buy Now | 51.19% | Baird | $730 → $700 | Maintains | Outperform | Get Alert |
| 06/03/2026 | Buy Now | 39.74% | Barclays | $712 → $647 | Maintains | Overweight | Get Alert |
| 06/03/2026 | Buy Now | 26.35% | DA Davidson | $650 → $585 | Maintains | Buy | Get Alert |
| 04/20/2026 | Buy Now | 51.19% | Jefferies | $635 → $700 | Upgrade | Hold → Buy | Get Alert |
| 04/14/2026 | Buy Now | 40.39% | DA Davidson | $650 → $650 | Maintains | Buy | Get Alert |
| 03/13/2026 | Buy Now | 72.57% | Canaccord Genuity | $799 → $799 | Maintains | Buy | Get Alert |
| 03/13/2026 | Buy Now | 40.39% | Oppenheimer | $750 → $650 | Maintains | Outperform | Get Alert |
| 03/13/2026 | Buy Now | 61.99% | JP Morgan | $800 → $750 | Maintains | Overweight | Get Alert |
| 03/13/2026 | Buy Now | 56.59% | Piper Sandler | $775 → $725 | Reiterates | Overweight → Overweight | Get Alert |
| 03/13/2026 | Buy Now | 51.19% | Morgan Stanley | $750 → $700 | Maintains | Overweight | Get Alert |
| 03/13/2026 | Buy Now | 2.59% | Wells Fargo | $500 → $475 | Maintains | Underweight | Get Alert |
| 03/13/2026 | Buy Now | 61.99% | TD Cowen | $775 → $750 | Maintains | Buy | Get Alert |
| 03/13/2026 | Buy Now | 54.43% | Telsey Advisory Group | $715 → $715 | Maintains | Outperform | Get Alert |
| 03/11/2026 | Buy Now | 56.59% | Evercore ISI Group | $660 → $725 | Maintains | Outperform | Get Alert |
| 03/10/2026 | Buy Now | 72.57% | Canaccord Genuity | $674 → $799 | Maintains | Buy | Get Alert |
| 03/09/2026 | Buy Now | 74.95% | UBS | $780 → $810 | Maintains | Buy | Get Alert |
| 03/09/2026 | Buy Now | 7.99% | Wells Fargo | $450 → $500 | Maintains | Underweight | Get Alert |
| 03/09/2026 | Buy Now | 53.78% | Barclays | $680 → $712 | Maintains | Overweight | Get Alert |
| 03/09/2026 | Buy Now | 54.43% | Telsey Advisory Group | $640 → $715 | Maintains | Outperform | Get Alert |
| 01/21/2026 | Buy Now | 67.39% | TD Cowen | $725 → $775 | Maintains | Buy | Get Alert |
| 01/21/2026 | Buy Now | 70.63% | Raymond James | $605 → $790 | Upgrade | Outperform → Strong Buy | Get Alert |
| 01/20/2026 | Buy Now | 61.99% | Oppenheimer | $675 → $750 | Maintains | Outperform | Get Alert |
| 01/15/2026 | Buy Now | 61.99% | Morgan Stanley | $640 → $750 | Maintains | Overweight | Get Alert |
| 01/14/2026 | Buy Now | 51.19% | Jefferies | $600 → $700 | Assumes | → Hold | Get Alert |
| 01/08/2026 | Buy Now | 47.95% | B of A Securities | $610 → $685 | Maintains | Neutral | Get Alert |
| 01/07/2026 | Buy Now | 68.47% | UBS | $690 → $780 | Maintains | Buy | Get Alert |
| 01/02/2026 | Buy Now | 51.19% | Argus Research | $650 → $700 | Maintains | Buy | Get Alert |
| 12/10/2025 | Buy Now | 45.79% | Oppenheimer | $615 → $675 | Maintains | Outperform | Get Alert |
| 12/08/2025 | Buy Now | 38.23% | Morgan Stanley | $600 → $640 | Maintains | Overweight | Get Alert |
| 12/08/2025 | Buy Now | 56.59% | TD Cowen | $600 → $725 | Upgrade | Hold → Buy | Get Alert |
| 12/05/2025 | Buy Now | 40.39% | DA Davidson | $625 → $650 | Maintains | Buy | Get Alert |
| 12/05/2025 | Buy Now | 45.57% | Canaccord Genuity | $653 → $674 | Maintains | Buy | Get Alert |
| 12/05/2025 | Buy Now | 32.83% | Oppenheimer | $600 → $615 | Maintains | Outperform | Get Alert |
| 12/05/2025 | Buy Now | 32.83% | Piper Sandler | $590 → $615 | Maintains | Overweight | Get Alert |
| 12/05/2025 | Buy Now | 42.55% | Evercore ISI Group | $640 → $660 | Maintains | Outperform | Get Alert |
| 12/05/2025 | Buy Now | 49.03% | UBS | $680 → $690 | Maintains | Buy | Get Alert |
| 12/05/2025 | Buy Now | — | Guggenheim | — | Reiterates | Neutral → Neutral | Get Alert |
| 12/05/2025 | Buy Now | 44.71% | Baird | $600 → $670 | Maintains | Outperform | Get Alert |
| 12/05/2025 | Buy Now | 38.23% | Telsey Advisory Group | $610 → $640 | Maintains | Outperform | Get Alert |
| 12/05/2025 | Buy Now | 39.74% | JP Morgan | $606 → $647 | Maintains | Overweight | Get Alert |
| 12/01/2025 | Buy Now | 30.89% | JP Morgan | $600 → $606 | Maintains | Overweight | Get Alert |
| 12/01/2025 | Buy Now | 31.75% | Telsey Advisory Group | $610 → $610 | Maintains | Outperform | Get Alert |
| 10/17/2025 | Buy Now | 31.75% | Telsey Advisory Group | $610 → $610 | Maintains | Outperform | Get Alert |
| 10/16/2025 | Buy Now | -2.81% | Wells Fargo | $425 → $450 | Maintains | Underweight | Get Alert |
| 10/10/2025 | Buy Now | 41.04% | Canaccord Genuity | $650 → $653 | Maintains | Buy | Get Alert |
| 09/25/2025 | Buy Now | — | Argus Research | — | Upgrade | Hold → Buy | Get Alert |
| 09/08/2025 | Buy Now | 31.75% | Telsey Advisory Group | $610 → $610 | Maintains | Outperform | Get Alert |
| 09/04/2025 | Buy Now | 27.43% | Piper Sandler | → $590 | Assumes | → Overweight | Get Alert |
| 09/02/2025 | Buy Now | 33.26% | Barclays | $589 → $617 | Maintains | Overweight | Get Alert |
| 08/29/2025 | Buy Now | 34.99% | DA Davidson | $585 → $625 | Maintains | Buy | Get Alert |
| 08/29/2025 | Buy Now | 40.39% | Canaccord Genuity | $630 → $650 | Maintains | Buy | Get Alert |
| 08/29/2025 | Buy Now | 26.13% | Goldman Sachs | $530 → $584 | Maintains | Buy | Get Alert |
| 08/29/2025 | Buy Now | 29.59% | Morgan Stanley | $550 → $600 | Maintains | Overweight | Get Alert |
| 08/29/2025 | Buy Now | 46.87% | UBS | $640 → $680 | Maintains | Buy | Get Alert |
| 08/29/2025 | Buy Now | -8.21% | Wells Fargo | $400 → $425 | Maintains | Underweight | Get Alert |
| 08/29/2025 | Buy Now | 30.67% | Raymond James | $580 → $605 | Reiterates | Outperform → Outperform | Get Alert |
| 08/29/2025 | Buy Now | 38.23% | Evercore ISI Group | $595 → $640 | Maintains | Outperform | Get Alert |
| 08/29/2025 | Buy Now | 31.75% | Telsey Advisory Group | $590 → $610 | Maintains | Outperform | Get Alert |
| 08/29/2025 | Buy Now | 24.19% | B of A Securities | $500 → $575 | Maintains | Neutral | Get Alert |
| 08/29/2025 | Buy Now | 29.59% | Baird | $575 → $600 | Maintains | Outperform | Get Alert |
| 08/26/2025 | Buy Now | 36.07% | Canaccord Genuity | $600 → $630 | Maintains | Buy | Get Alert |
| 08/26/2025 | Buy Now | 18.79% | Jefferies | $425 → $550 | Maintains | Hold | Get Alert |
| 08/25/2025 | Buy Now | 27.43% | Telsey Advisory Group | $520 → $590 | Maintains | Outperform | Get Alert |
| 08/22/2025 | Buy Now | 29.59% | JP Morgan | $525 → $600 | Maintains | Overweight | Get Alert |
| 08/22/2025 | Buy Now | 27.21% | Barclays | $518 → $589 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 08/21/2025 | Buy Now | 38.23% | UBS | $525 → $640 | Maintains | Buy | Get Alert |
| 08/18/2025 | Buy Now | 18.79% | Citigroup | $450 → $550 | Maintains | Neutral | Get Alert |
| 08/15/2025 | Buy Now | -13.61% | Wells Fargo | $350 → $400 | Maintains | Underweight | Get Alert |
| 08/12/2025 | Buy Now | 29.59% | Oppenheimer | $510 → $600 | Maintains | Outperform | Get Alert |
| 08/06/2025 | Buy Now | 11.88% | Barclays | $485 → $518 | Maintains | Equal-Weight | Get Alert |
| 08/01/2025 | Buy Now | 29.59% | Canaccord Genuity | $542 → $600 | Maintains | Buy | Get Alert |
| 07/31/2025 | Buy Now | 26.35% | DA Davidson | $550 → $585 | Maintains | Buy | Get Alert |
| 07/25/2025 | Buy Now | 10.15% | Loop Capital | $510 → $510 | Downgrade | Buy → Hold | Get Alert |
| 07/11/2025 | Buy Now | 12.31% | Telsey Advisory Group | $520 → $520 | Maintains | Outperform | Get Alert |
| 07/07/2025 | Buy Now | 18.79% | DA Davidson | $485 → $550 | Maintains | Buy | Get Alert |
| 06/26/2025 | Buy Now | 12.31% | Telsey Advisory Group | $520 → $520 | Maintains | Outperform | Get Alert |
| 06/16/2025 | Buy Now | 10.15% | Loop Capital | $480 → $510 | Maintains | Buy | Get Alert |
| 06/02/2025 | Buy Now | 4.75% | Barclays | $327 → $485 | Maintains | Equal-Weight | Get Alert |
| 05/30/2025 | Buy Now | 18.79% | Morgan Stanley | $460 → $550 | Maintains | Overweight | Get Alert |
| 05/30/2025 | Buy Now | -2.81% | Citigroup | $425 → $450 | Maintains | Neutral | Get Alert |
| 05/30/2025 | Buy Now | 10.15% | Oppenheimer | $465 → $510 | Maintains | Outperform | Get Alert |
| 05/30/2025 | Buy Now | 13.39% | Baird | $440 → $525 | Maintains | Outperform | Get Alert |
| 05/30/2025 | Buy Now | 7.99% | Raymond James | $450 → $500 | Reiterates | Outperform → Outperform | Get Alert |
| 05/30/2025 | Buy Now | 5.83% | Evercore ISI Group | $465 → $490 | Maintains | Outperform | Get Alert |
| 05/30/2025 | Buy Now | -5.62% | Piper Sandler | $386 → $437 | Reiterates | Neutral → Neutral | Get Alert |
| 05/30/2025 | Buy Now | 13.39% | JP Morgan | $477 → $525 | Maintains | Overweight | Get Alert |
| 05/30/2025 | Buy Now | 4.75% | DA Davidson | $415 → $485 | Maintains | Buy | Get Alert |
| 05/30/2025 | Buy Now | 17.06% | Canaccord Genuity | $510 → $542 | Maintains | Buy | Get Alert |
| 05/30/2025 | Buy Now | 13.39% | UBS | $490 → $525 | Maintains | Buy | Get Alert |
| 05/30/2025 | Buy Now | -24.41% | Wells Fargo | $315 → $350 | Maintains | Underweight | Get Alert |