Q2 EPS Estimates for Ulta Beauty Decreased by Analyst

Ulta Beauty, Inc. (NASDAQ:ULTA) – Analysts at Telsey Advisory Group decreased their Q2 2026 earnings per share estimates for shares of Ulta Beauty in a research report issued on Friday, March 14th. Telsey Advisory Group analyst D. Telsey now expects that the specialty retailer will earn $4.81 per share for the quarter, down from their previous forecast of $5.23. Telsey Advisory Group has a “Outperform” rating and a $500.00 price objective 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.

Several other research analysts have also recently issued reports on the company. Citigroup lowered their price objective on Ulta Beauty from $405.00 to $365.00 and set a “neutral” rating for the company in a research report on Monday. William Blair cut Ulta Beauty from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 21st. UBS Group upped their price objective on Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. BMO Capital Markets lowered their price objective on Ulta Beauty from $467.00 to $404.00 and set a “market perform” rating for the company in a research report on Friday, March 14th. Finally, Barclays lowered their price objective on Ulta Beauty from $445.00 to $327.00 and set an “equal weight” rating for the company in a research report on Friday, March 14th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, Ulta Beauty presently has a consensus rating of “Hold” and a consensus target price of $427.13.

Ulta Beauty Price Performance

Shares of NASDAQ ULTA opened at $343.83 on Monday. The stock’s 50-day moving average is $381.84 and its two-hundred day moving average is $386.80. The company has a market cap of $15.94 billion, a price-to-earnings ratio of 13.76, a price-to-earnings-growth 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 issued its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share for the quarter, topping the consensus estimate of $7.13 by $1.33. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The company had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter in the prior year, the business earned $8.08 EPS. Ulta Beauty’s revenue was down 1.9% on a year-over-year basis.

Institutional Trading of Ulta Beauty

A number of hedge funds have recently added to or reduced their stakes in the stock. Cornerstone Investment Partners LLC lifted its position in Ulta Beauty by 3.9% during the 4th quarter. Cornerstone Investment Partners LLC now owns 665 shares of the specialty retailer’s stock worth $289,000 after acquiring an additional 25 shares during the period. RWA Wealth Partners LLC raised its stake in shares of Ulta Beauty by 1.5% during the 4th quarter. RWA Wealth Partners LLC now owns 1,867 shares of the specialty retailer’s stock worth $812,000 after buying an additional 28 shares in the last quarter. Lido Advisors LLC raised its stake in shares of Ulta Beauty by 5.0% during the 4th quarter. Lido Advisors LLC now owns 626 shares of the specialty retailer’s stock worth $272,000 after buying an additional 30 shares in the last quarter. Colonial Trust Co SC raised its stake in shares of Ulta Beauty by 36.9% during the 4th quarter. Colonial Trust Co SC now owns 115 shares of the specialty retailer’s stock worth $50,000 after buying an additional 31 shares in the last quarter. Finally, Stonegate Investment Group LLC raised its stake in shares of Ulta Beauty by 0.5% during the 4th quarter. Stonegate Investment Group LLC now owns 6,623 shares of the specialty retailer’s stock worth $2,881,000 after buying an additional 34 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

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.