Ulta Beauty (NASDAQ:ULTA) Updates FY 2026 Earnings Guidance

Ulta Beauty (NASDAQ:ULTA) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 28.700-29.000 for the period, compared to the consensus EPS estimate of 26.210. The company issued revenue guidance of $13.2 billion-$13.3 billion, compared to the consensus revenue estimate of $12.5 billion.

Ulta Beauty Price Performance

Shares of ULTA traded down $3.09 during mid-day trading on Thursday, hitting $540.10. 1,130,244 shares of the company’s stock were exchanged, compared to its average volume of 693,730. Ulta Beauty has a 52 week low of $443.60 and a 52 week high of $714.97. The company has a 50-day simple moving average of $494.65 and a 200 day simple moving average of $535.92. The company has a market cap of $23.22 billion, a PE ratio of 20.25, a P/E/G ratio of 1.67 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, topping analysts’ consensus estimates of $6.20 by $0.35. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.99 billion. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, analysts anticipate that Ulta Beauty will post 28.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on ULTA shares. TD Cowen reaffirmed a “buy” rating on shares of Ulta Beauty in a report on Tuesday, July 21st. Loop Capital reissued a “hold” rating and set a $550.00 price target on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Canaccord Genuity Group lowered their price objective on Ulta Beauty from $799.00 to $731.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on Ulta Beauty from $692.00 to $695.00 and gave the company a “buy” rating in a report on Tuesday. Finally, DA Davidson cut their target price on Ulta Beauty from $650.00 to $585.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $636.41.

Insider Buying and Selling at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the sale, the director directly owned 2,404 shares in the company, valued at $1,143,919.36. This represents a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.20% of the stock is currently owned by corporate insiders.

Trending Headlines about Ulta Beauty

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: Deutsche Bank expects Ulta’s fiscal second-quarter comparable-store sales to exceed consensus estimates, offering a potential catalyst if confirmed in the earnings report. Ulta Beauty Second-Quarter Same-Store Sales Poised for Beat
• Positive Sentiment: Ulta has exceeded Wall Street’s EPS estimates for four consecutive quarters. Analysts remain constructive despite the recent decline, and the stock is trading roughly 17% below published price targets, suggesting potential upside if results and guidance are solid. Ulta Beauty Earnings Preview
• Positive Sentiment: The retailer is broadening its assortment with The Potion Studio’s climate-adaptive hair-care products and Bio Ionic’s limited-edition styling tools. It also appointed retail executive Brieane L. Olson to its board, potentially adding useful industry experience. Ulta Beauty Products and Director Appointment

Hedge Funds Weigh In On Ulta Beauty

A number of hedge funds have recently made changes to their positions in ULTA. BOKF NA bought a new stake in Ulta Beauty in the third quarter valued at approximately $31,000. Virtus Advisers LLC bought a new position in Ulta Beauty during the 4th quarter worth approximately $33,000. Greenline Wealth Management LLC acquired a new position in shares of Ulta Beauty in the 4th quarter worth approximately $37,000. DV Equities LLC bought a new stake in shares of Ulta Beauty in the 4th quarter valued at $38,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Ulta Beauty in the 2nd quarter valued at $50,000. 90.39% of the stock is currently owned by institutional investors.

About Ulta Beauty

Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.

The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.