FY2026 Earnings Forecast for Ulta Beauty Issued By B. Riley

Ulta Beauty Inc. (NASDAQ:ULTA) – B. Riley raised their FY2026 earnings per share (EPS) estimates for shares of Ulta Beauty in a research note issued to investors on Thursday, August 28th. B. Riley analyst A. Glaessgen now forecasts that the specialty retailer will post earnings per share of $24.13 for the year, up from their previous estimate of $23.10. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share. B. Riley also issued estimates for Ulta Beauty’s Q4 2026 earnings at $6.81 EPS, Q1 2027 earnings at $7.32 EPS, Q2 2027 earnings at $6.39 EPS, Q3 2027 earnings at $5.36 EPS, Q4 2027 earnings at $7.50 EPS and FY2027 earnings at $26.56 EPS.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, August 28th. The specialty retailer reported $5.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.03 by $0.75. Ulta Beauty had a net margin of 10.31% and a return on equity of 48.78%. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.66 billion. During the same quarter in the previous year, the firm posted $5.30 EPS. The business’s revenue for the quarter was up 9.3% on a year-over-year basis.

Other equities research analysts also recently issued reports about the company. Raymond James Financial reaffirmed an “outperform” rating and set a $605.00 price objective (up from $580.00) on shares of Ulta Beauty in a report on Friday, August 29th. Bank of America upped their price target on Ulta Beauty from $500.00 to $575.00 and gave the company a “neutral” rating in a research report on Friday, August 29th. Robert W. Baird increased their price objective on Ulta Beauty from $575.00 to $600.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Canaccord Genuity Group set a $650.00 target price on shares of Ulta Beauty in a research note on Friday. Finally, Evercore ISI increased their target price on shares of Ulta Beauty from $595.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Thirteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $536.75.

Ulta Beauty Stock Performance

Shares of Ulta Beauty stock opened at $532.52 on Monday. The firm has a market cap of $23.88 billion, a P/E ratio of 20.42, a price-to-earnings-growth ratio of 2.88 and a beta of 1.06. The firm’s 50-day simple moving average is $500.78 and its 200-day simple moving average is $429.22. Ulta Beauty has a twelve month low of $309.01 and a twelve month high of $538.59.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Ulta Beauty by 107.7% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 28 shares during the period. American National Bank & Trust bought a new stake in Ulta Beauty during the 1st quarter worth about $29,000. Wayfinding Financial LLC bought a new stake in Ulta Beauty during the 1st quarter worth about $31,000. Hemington Wealth Management lifted its position in Ulta Beauty by 142.9% during the 2nd quarter. Hemington Wealth Management now owns 68 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 40 shares during the period. Finally, Rakuten Securities Inc. boosted its stake in shares of Ulta Beauty by 218.5% in the 1st quarter. Rakuten Securities Inc. now owns 86 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 59 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Company Profile

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.