$414.20
-5.07[-1.21%]
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Ulta Beauty
(NASDAQ:ULTA)Ulta Beauty Stock (NASDAQ:ULTA), Analyst Ratings, Price Targets, Predictions
Ulta Beauty Inc has a consensus price target of $536.76, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Jefferies, and TD Cowen on April 24, 2024, April 19, 2024, and April 18, 2024. With an average price target of $436 between Wells Fargo, Jefferies, and TD Cowen, there's an implied 6.55% upside for Ulta Beauty Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Jefferies
TD Cowen
Piper Sandler
Loop Capital
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Ulta Beauty
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/24/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | -14.46% | Wells Fargo | Ike Boruchow | $450 → $350 | Maintains | Underweight | Get Alert |
| 04/19/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 7.04% | Jefferies | Ashley Helgans | $585 → $438 | Downgrade | Buy → Hold | Get Alert |
| 04/18/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 27.08% | TD Cowen | Oliver Chen | $580 → $520 | Maintains | Buy | Get Alert |
| 04/10/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 42.97% | Jefferies | Ashley Helgans | $610 → $585 | Maintains | Buy | Get Alert |
| 04/09/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 45.41% | Piper Sandler | Korinne Wolfmeyer | $665 → $595 | Maintains | Overweight | Get Alert |
| 04/08/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | — | Loop Capital | Anthony Chukumba | — | Upgrade | Hold → Buy | Get Alert |
| 04/04/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 22.2% | Oppenheimer | Rupesh Parikh | $600 → $500 | Maintains | Outperform | Get Alert |
| 04/03/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 49.08% | Raymond James | Olivia Tong | $630 → $610 | Maintains | Strong Buy | Get Alert |
| 03/18/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 53.97% | Raymond James | Olivia Tong | $575 → $630 | Maintains | Strong Buy | Get Alert |
| 03/15/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 28.31% | Morgan Stanley | Simeon Gutman | $480 → $525 | Maintains | Equal-Weight | Get Alert |
| 03/15/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 31.97% | Loop Capital | Anthony Chukumba | $530 → $540 | Maintains | Hold | Get Alert |
| 03/15/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 49.08% | Jefferies | Stephanie Wissink | $587 → $610 | Maintains | Buy | Get Alert |
| 03/15/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 31.97% | BMO Capital | Simeon Siegel | $485 → $540 | Maintains | Market Perform | Get Alert |
| 03/15/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 62.52% | Piper Sandler | Korinne Wolfmeyer | $635 → $665 | Maintains | Overweight | Get Alert |
| 03/15/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 38.08% | Stifel | Mark Astrachan | $505 → $565 | Maintains | Hold | Get Alert |
| 03/15/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 53.97% | Evercore ISI Group | Michael Binetti | $635 → $630 | Maintains | Outperform | Get Alert |
| 03/15/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 9.98% | Wells Fargo | Ike Boruchow | $400 → $450 | Maintains | Underweight | Get Alert |
| 03/15/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 52.74% | Baird | Mark Altschwager | $575 → $625 | Maintains | Outperform | Get Alert |
| 03/15/2024 | ULTA | Buy Now | Ulta Beauty | $409.18 | 49.57% | Barclays | Adrienne Yih | $583 → $612 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Ulta Beauty (ULTA)?
The latest price target for Ulta Beauty (NASDAQ: ULTA) was reported by Wells Fargo on April 24, 2024. The analyst firm set a price target for $350.00 expecting ULTA to fall to within 12 months (a possible -15.50% downside). 88 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 Wells Fargo, and Ulta Beauty maintained their underweight 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 19, 2024 when Jefferies changed their price target from $585 to $438 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 April 24, 2024 so you should expect the next rating to be made available sometime around April 24, 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 $450.00 to $350.00. The current price Ulta Beauty (ULTA) is trading at is $414.20, which is out of the analyst’s predicted range.
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