Brokers Issue Forecasts for Ulta Beauty, Inc.’s Q3 2025 Earnings (NASDAQ:ULTA)

Ulta Beauty, Inc. (NASDAQ:ULTA) – Equities research analysts at DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for Ulta Beauty in a research note issued to investors on Friday, August 30th. DA Davidson analyst M. Baker expects that the specialty retailer will post earnings of $4.65 per share for the quarter. DA Davidson currently has a “Buy” rating and a $435.00 price target on the stock. The consensus estimate for Ulta Beauty’s current full-year earnings is $23.03 per share.

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

ULTA has been the subject of several other reports. Canaccord Genuity Group reduced their price target on Ulta Beauty from $522.00 to $500.00 and set a “buy” rating for the company in a research report on Tuesday, August 27th. JPMorgan Chase & Co. upped their target price on Ulta Beauty from $530.00 to $544.00 and gave the stock an “overweight” rating in a research note on Friday, May 31st. Wells Fargo & Company lowered their price target on Ulta Beauty from $325.00 to $300.00 and set an “underweight” rating on the stock in a research report on Friday, August 30th. TD Cowen dropped their target price on Ulta Beauty from $500.00 to $395.00 and set a “buy” rating for the company in a research report on Friday, August 30th. Finally, Evercore ISI decreased their price objective on Ulta Beauty from $500.00 to $430.00 and set an “outperform” rating on the stock in a report on Monday, August 26th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Ulta Beauty currently has an average rating of “Moderate Buy” and a consensus price target of $430.74.

Ulta Beauty Stock Performance

Shares of ULTA opened at $358.80 on Monday. The firm has a market cap of $16.91 billion, a P/E ratio of 13.99, a price-to-earnings-growth ratio of 2.04 and a beta of 1.31. The business has a 50-day moving average of $370.89 and a 200 day moving average of $422.20. Ulta Beauty has a fifty-two week low of $318.17 and a fifty-two week high of $574.76.

Institutional Investors Weigh In On Ulta Beauty

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ULTA. TD Asset Management Inc grew its position in shares of Ulta Beauty by 14.1% during the second quarter. TD Asset Management Inc now owns 620,793 shares of the specialty retailer’s stock worth $239,545,000 after purchasing an additional 76,721 shares in the last quarter. Norges Bank purchased a new stake in shares of Ulta Beauty in the fourth quarter valued at $263,192,000. Boston Partners grew its stake in shares of Ulta Beauty by 47.7% during the first quarter. Boston Partners now owns 476,027 shares of the specialty retailer’s stock valued at $246,862,000 after buying an additional 153,727 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Ulta Beauty by 6.2% in the second quarter. Dimensional Fund Advisors LP now owns 422,801 shares of the specialty retailer’s stock worth $163,149,000 after purchasing an additional 24,822 shares during the period. Finally, Bessemer Group Inc. increased its stake in Ulta Beauty by 1.2% in the 1st quarter. Bessemer Group Inc. now owns 357,503 shares of the specialty retailer’s stock worth $186,933,000 after buying an additional 4,344 shares during the period. Institutional investors own 90.39% of the company’s stock.

Insider Transactions at Ulta Beauty

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

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.