Q2 EPS Estimates for Ulta Beauty Decreased by Analyst

Ulta Beauty, Inc. (NASDAQ:ULTA) – Equities research analysts at Telsey Advisory Group reduced their Q2 2026 earnings per share (EPS) estimates for Ulta Beauty in a report issued on Friday, March 14th. Telsey Advisory Group analyst D. Telsey now forecasts that the specialty retailer will post earnings of $4.81 per share for the quarter, down from their prior forecast of $5.23. Telsey Advisory Group currently has a “Outperform” rating and a $500.00 target price on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share. Telsey Advisory Group also issued estimates for Ulta Beauty’s Q3 2026 earnings at $4.59 EPS, FY2026 earnings at $22.84 EPS and FY2027 earnings at $25.46 EPS.

ULTA has been the topic of a number of other reports. JPMorgan Chase & Co. lowered their price target on Ulta Beauty from $480.00 to $475.00 and set an “overweight” rating on the stock in a research note on Friday, March 14th. Wells Fargo & Company lowered their price target on Ulta Beauty from $360.00 to $310.00 and set an “underweight” rating on the stock in a research note on Friday, March 14th. Loop Capital lifted their price target on Ulta Beauty from $450.00 to $480.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Citigroup lowered their price target on Ulta Beauty from $405.00 to $365.00 and set a “neutral” rating on the stock in a research note on Monday. Finally, Canaccord Genuity Group lowered their price target on Ulta Beauty from $538.00 to $526.00 and set a “buy” rating on the stock in a research note on Friday, March 14th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $427.13.

Ulta Beauty Price Performance

Shares of NASDAQ:ULTA opened at $343.83 on Monday. The business’s 50 day moving average price is $381.84 and its 200-day moving average price is $386.80. The firm has a market capitalization of $15.94 billion, a PE ratio of 13.76, a P/E/G ratio of 0.89 and a beta of 1.34. Ulta Beauty has a 1 year low of $309.01 and a 1 year high of $535.08.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $8.46 EPS for the quarter, beating analysts’ consensus estimates of $7.13 by $1.33. The business had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The business’s revenue was down 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $8.08 earnings per share.

Institutional Investors Weigh In On Ulta Beauty

Several institutional investors and hedge funds have recently modified their holdings of ULTA. Capital World Investors purchased a new stake in shares of Ulta Beauty in the 4th quarter valued at $430,674,000. Ontario Teachers Pension Plan Board purchased a new stake in shares of Ulta Beauty in the 3rd quarter valued at $359,480,000. Norges Bank purchased a new stake in shares of Ulta Beauty in the 4th quarter valued at $239,432,000. Marshall Wace LLP raised its holdings in shares of Ulta Beauty by 10,336.7% in the 4th quarter. Marshall Wace LLP now owns 459,110 shares of the specialty retailer’s stock valued at $199,681,000 after buying an additional 454,711 shares during the period. Finally, Holocene Advisors LP raised its holdings in shares of Ulta Beauty by 3,246.2% in the 3rd quarter. Holocene Advisors LP now owns 346,262 shares of the specialty retailer’s stock valued at $134,737,000 after buying an additional 335,914 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

About Ulta Beauty

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.