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ULTA

Ulta Beauty, Inc.

ULTA

NASDAQ·Consumer Cyclical·Specialty Retail·Mkt cap $19.6B

$461.33

+1.44%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$443.60 - $714.97

P/E

17.27

Fwd P/E

16.23

Beta

0.86

Div Yield

0.00%

Avg Vol

779.8K

Shares Out

43.7M

Mkt Cap

$19.6B

Price action

Price chart

Down 4.2% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Comprehensive product assortment
  • Omnichannel retail strategy
  • Strong customer loyalty program
  • Diverse brand portfolio

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Digital platform expansion

Value

Attractively priced below Specialty Retail peer average

Momentum

Weak

-15.4% over 3m

Quality

Stable

Excellent business quality

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Aug 27, 2026

Q2 26 RECAP

JUN 2, 2026

Reported EPS of $7.74 vs $6.89 consensus (+12.3% surprise). Revenue of $3.2B vs $3.1B expected (+1.4%). Beat on both top and bottom lines.

EPS beat +12.3%
Rev beat +1.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+12.3%

Next: Aug 27, 2026

Revenue trend · last 8Q

-2%

+4%

+9%

+13%

+12%

+11%

Q2 24

Q3 24

Q4 25

Q1 25

Q2 25

Q3 25

Q4 26

Q1 26

$2.6B

$2.5B

$3.5B

$2.8B

$2.8B

$2.9B

$3.9B

$3.2B

Margins · last 8Q

Gross

Operating

Profit

10.8%

Wall Street consensus

19 analysts · 74% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

14

74%

Hold

4

21%

Sell

1

5%

Median Price Target

$632.50

+37.1% vs $461.33

Low $550.00
Median $632.50
High $735.00

Latest: TD Cowen · Jun 9, 2026

8 analysts covering

vs Industry

How ULTA stacks vs Specialty Retail

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.