Ulta Beauty (ULTA) price target — analyst by analyst

Ulta Beauty · Consumer Discretionary · ref. ETF XLY · price $540.1
Logo Ulta BeautySee the full Ulta Beauty (ULTA) profile
By Rédaction JPI Invest · updated
In short — 15 price targets published on Ulta Beauty over 90 days: 12 bullish, 1 bearish (80% positive), median target $631. The highest-ranked firm to weigh in is B. Riley Securities (rank 6, 67% hit rate). For each call below we show the firm's real track record — not just its opinion.

The last 15 analyst calls on ULTA

Newest first. The "verdict" is our read on the firm, based on its past calls replayed against actual prices.

Bullish
Deutsche Bank · Buy · target $695 (+28% vs price that day)
Our verdict — Deutsche Bank ranks #39 of 64 in our leaderboard: 70% hit rate on Ulta Beauty (20 scored calls on this stock), 15.4% average gain per call, +4 pts vs its sector.
Bullish
TD Cowen · Buy · target $600 (+27% vs price that day)
Our verdict — TD Cowen ranks #60 of 64 in our leaderboard: 66.7% hit rate on Ulta Beauty (3 scored calls on this stock), 14% average gain per call, 0 pts vs its sector.
Neutral
Citigroup · Neutral · target $560 (+20% vs price that day)
Our verdict — Citigroup ranks #24 of 64 in our leaderboard: 65.5% hit rate across all stocks, 20.1% average gain per call, +5 pts vs its sector.
Bullish
UBS · Buy · target $735 (+59% vs price that day)
Our verdict — UBS ranks #27 of 64 in our leaderboard: 59.1% hit rate on Ulta Beauty (22 scored calls on this stock), 17% average gain per call, +5 pts vs its sector.
Neutral
B. Riley Securities · Neutral · target $500 (+8% vs price that day)
Our verdict — B. Riley Securities ranks #6 of 64 in our leaderboard: 67% hit rate across all stocks, 31.9% average gain per call, +13 pts vs its sector.
Bullish
Morgan Stanley · Overweight · target $630 (+36% vs price that day)
Our verdict — Morgan Stanley ranks #49 of 64 in our leaderboard: 50% hit rate on Ulta Beauty (10 scored calls on this stock), 12.2% average gain per call, +3 pts vs its sector.
Bullish
Goldman Sachs · Buy · target $652 (+41% vs price that day)
Our verdict — Goldman Sachs ranks #25 of 64 in our leaderboard: 80% hit rate on Ulta Beauty (10 scored calls on this stock), 16.6% average gain per call, +5 pts vs its sector.
Bullish
JP Morgan · Overweight · target $631 (+36% vs price that day)
Our verdict — JP Morgan ranks #37 of 64 in our leaderboard: 75.9% hit rate on Ulta Beauty (29 scored calls on this stock), 15.8% average gain per call, +4 pts vs its sector.
Bullish
Piper Sandler · Overweight · target $600 (+30% vs price that day)
Our verdict — Piper Sandler ranks #26 of 64 in our leaderboard: 63.6% hit rate on Ulta Beauty (22 scored calls on this stock), 19.9% average gain per call, +5 pts vs its sector.
Bullish
Evercore ISI Group · Outperform · target $635 (+37% vs price that day)
Our verdict — Evercore ISI Group ranks #41 of 64 in our leaderboard: 66.7% hit rate on Ulta Beauty (9 scored calls on this stock), 15.1% average gain per call, +4 pts vs its sector.
Bullish
Canaccord Genuity · Buy · target $731 (+58% vs price that day)
Our verdict — Canaccord Genuity ranks #10 of 64 in our leaderboard: 78.6% hit rate on Ulta Beauty (14 scored calls on this stock), 28.8% average gain per call, +12 pts vs its sector.
Bearish
Wells Fargo · Underweight · target $450 (-3% vs price that day)
Our verdict — Wells Fargo ranks #47 of 64 in our leaderboard: 63% hit rate on Ulta Beauty (27 scored calls on this stock), 14.5% average gain per call, +3 pts vs its sector.
Bullish
Baird · Outperform · target $700 (+49% vs price that day)
Our verdict — Baird ranks #53 of 64 in our leaderboard: 68% hit rate on Ulta Beauty (25 scored calls on this stock), 17.1% average gain per call, +2 pts vs its sector.
Bullish
Barclays · Overweight · target $647 (+37% vs price that day)
Our verdict — Barclays ranks #52 of 64 in our leaderboard: 68.4% hit rate on Ulta Beauty (19 scored calls on this stock), 10.6% average gain per call, +2 pts vs its sector.
Bullish
DA Davidson · Buy · target $585 (+24% vs price that day)
Our verdict — DA Davidson ranks #33 of 64 in our leaderboard: 76.2% hit rate on Ulta Beauty (21 scored calls on this stock), 17.4% average gain per call, +5 pts vs its sector.

⚠️ Price targets as published by the firms, timestamped at their publication date. The upside shown is vs the price on the day of the call, not today's price. Informational data, not investment advice.

Frequently asked questions

What are analysts saying about ULTA right now?

Over the last 90 days, 15 price targets were published on Ulta Beauty: 12 bullish and 1 bearish (80% positive). The median target is $631. The latest call is from August 25, 2026.

Should you trust these price targets?

Not blindly — that's the point of this page: next to each call we show the firm's real track record — its rank among 64 tracked firms, its hit rate and its average gain per call. An ambitious target from a firm that is wrong 6 times out of 10 is not worth the same as one from a consistent firm.

Which firm covering ULTA is the most reliable?

Among the firms that published on Ulta Beauty in the last 90 days, our highest-ranked is B. Riley Securities (rank 6 of 64, 67% hit rate, 31.9% average gain per call).

Where does this data come from?

From analyst price targets, timestamped at publication then replayed against the actual price. Firm rankings come from our analyst leaderboard. Updated daily.

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