Q2 2026 Earnings Estimate for Ulta Beauty, Inc. Issued By Telsey Advisory Group (NASDAQ:ULTA)

Ulta Beauty, Inc. (NASDAQ:ULTA) – Telsey Advisory Group decreased their Q2 2026 earnings estimates for shares of Ulta Beauty in a report issued on Friday, August 30th. Telsey Advisory Group analyst D. Telsey now forecasts that the specialty retailer will earn $5.82 per share for the quarter, down from their prior estimate of $5.90. Telsey Advisory Group currently has a “Outperform” rating and a $450.00 price objective on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.03 per share.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.47 by ($0.17). Ulta Beauty had a return on equity of 54.02% and a net margin of 10.68%. The business had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.61 billion. During the same period last year, the firm earned $6.02 earnings per share. The firm’s quarterly revenue was up .9% on a year-over-year basis.

ULTA has been the subject of a number of other reports. StockNews.com raised Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Thursday, July 18th. Stifel Nicolaus lowered their target price on shares of Ulta Beauty from $475.00 to $385.00 and set a “hold” rating on the stock in a research report on Friday, August 30th. Citigroup cut their target price on shares of Ulta Beauty from $375.00 to $345.00 and set a “neutral” rating on the stock in a report on Friday, August 30th. Loop Capital decreased their price target on shares of Ulta Beauty from $520.00 to $450.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, BMO Capital Markets dropped their price objective on shares of Ulta Beauty from $500.00 to $385.00 and set a “market perform” rating on the stock in a research note on Friday, August 30th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $430.74.

Ulta Beauty Trading Up 1.7 %

Shares of Ulta Beauty stock opened at $358.80 on Monday. The company has a fifty day simple moving average of $370.89 and a 200-day simple moving average of $422.20. The stock has a market cap of $16.91 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 2.04 and a beta of 1.31. Ulta Beauty has a 12-month low of $318.17 and a 12-month high of $574.76.

Insider Transactions at Ulta Beauty

In related news, Director Catherine Ann Halligan sold 100 shares of the business’s stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $390.08, for a total value of $39,008.00. Following the completion of the transaction, the director now owns 2,017 shares of the company’s stock, valued at approximately $786,791.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Jodi J. Caro sold 650 shares of the company’s stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of $388.68, for a total transaction of $252,642.00. Following the completion of the transaction, the insider now owns 6,801 shares of the company’s stock, valued at approximately $2,643,412.68. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Catherine Ann Halligan sold 100 shares of the business’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $390.08, for a total transaction of $39,008.00. Following the completion of the sale, the director now owns 2,017 shares of the company’s stock, valued at $786,791.36. The disclosure for this sale can be found here. Insiders own 0.39% of the company’s stock.

Institutional Trading of Ulta Beauty

Institutional investors have recently made changes to their positions in the stock. Norges Bank purchased a new position in Ulta Beauty in the fourth quarter valued at approximately $263,192,000. Global Assets Advisory LLC purchased a new stake in Ulta Beauty during the 1st quarter worth $176,753,000. TD Asset Management Inc increased its holdings in Ulta Beauty by 177.8% in the 4th quarter. TD Asset Management Inc now owns 407,347 shares of the specialty retailer’s stock valued at $199,596,000 after purchasing an additional 260,740 shares in the last quarter. Los Angeles Capital Management LLC raised its position in Ulta Beauty by 210.4% in the first quarter. Los Angeles Capital Management LLC now owns 271,550 shares of the specialty retailer’s stock valued at $141,988,000 after purchasing an additional 184,060 shares during the period. Finally, Hsbc Holdings PLC lifted its stake in shares of Ulta Beauty by 87.3% during the second quarter. Hsbc Holdings PLC now owns 337,882 shares of the specialty retailer’s stock worth $130,380,000 after purchasing an additional 157,497 shares in the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

About Ulta Beauty

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.