DA Davidson Predicts Ulta Beauty’s Q1 Earnings (NASDAQ:ULTA)

Ulta Beauty, Inc. (NASDAQ:ULTA) – Research analysts at DA Davidson issued their Q1 2026 EPS estimates for shares of Ulta Beauty in a research report issued to clients and investors on Friday, March 14th. DA Davidson analyst M. Baker expects that the specialty retailer will earn $5.76 per share for the quarter. DA Davidson has a “Buy” rating and a $415.00 price target on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.96 per share. DA Davidson also issued estimates for Ulta Beauty’s FY2027 earnings at $26.13 EPS.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.13 by $1.33. The company had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the previous year, the company earned $8.08 EPS.

Several other equities research analysts have also recently issued reports on the stock. Telsey Advisory Group reissued an “outperform” rating and issued a $500.00 price objective on shares of Ulta Beauty in a research report on Monday, March 10th. William Blair cut shares of Ulta Beauty from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 21st. B. Riley lowered their price objective on shares of Ulta Beauty from $430.00 to $330.00 and set a “neutral” rating for the company in a research report on Friday, March 14th. JPMorgan Chase & Co. lowered their price target on shares of Ulta Beauty from $480.00 to $475.00 and set an “overweight” rating for the company in a research report on Friday, March 14th. Finally, TD Cowen upped their price target on shares of Ulta Beauty from $450.00 to $480.00 and gave the stock a “hold” rating in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $427.13.

Ulta Beauty Price Performance

Ulta Beauty stock opened at $343.83 on Monday. The stock 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. The firm has a 50-day moving average of $381.84 and a two-hundred day moving average of $386.80.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Prestige Wealth Management Group LLC raised its stake in shares of Ulta Beauty by 121.4% during the 4th quarter. Prestige Wealth Management Group LLC now owns 62 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 34 shares in the last quarter. Sunbelt Securities Inc. increased its stake in Ulta Beauty by 118.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 45 shares in the last quarter. Westside Investment Management Inc. increased its stake in Ulta Beauty by 151.5% during the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 50 shares in the last quarter. Edge Capital Group LLC acquired a new position in Ulta Beauty during the 4th quarter valued at approximately $33,000. Finally, Harvest Fund Management Co. Ltd acquired a new position in Ulta Beauty during the 3rd quarter valued at approximately $41,000. Institutional investors own 90.39% of the company’s stock.

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.