Ulta Beauty (NASDAQ:ULTA) Price Target Raised to $715.00

Ulta Beauty (NASDAQ:ULTA) had its price target hoisted by Telsey Advisory Group from $640.00 to $715.00 in a research report released on Monday, MarketBeat reports. Telsey Advisory Group currently has an outperform rating on the specialty retailer’s stock.

Several other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of Ulta Beauty from $600.00 to $606.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Ulta Beauty in a report on Wednesday, January 21st. Canaccord Genuity Group upped their target price on Ulta Beauty from $653.00 to $674.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Evercore lifted their price target on Ulta Beauty from $640.00 to $660.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft set a $732.00 price objective on Ulta Beauty in a report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $638.12.

Ulta Beauty Trading Up 0.8%

Shares of Ulta Beauty stock opened at $652.65 on Monday. The company has a fifty day simple moving average of $666.89 and a 200-day simple moving average of $586.51. The stock has a market cap of $28.95 billion, a price-to-earnings ratio of 25.02, a PEG ratio of 3.02 and a beta of 0.82. Ulta Beauty has a 12-month low of $309.01 and a 12-month high of $714.97.

Institutional Investors Weigh In On Ulta Beauty

Large investors have recently modified their holdings of the stock. Cary Street Partners Investment Advisory LLC grew its position in Ulta Beauty by 107.7% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 28 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new stake in shares of Ulta Beauty in the third quarter valued at about $25,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Ulta Beauty during the fourth quarter worth about $25,000. Strengthening Families & Communities LLC increased its stake in shares of Ulta Beauty by 4,200.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 42 shares during the period. Finally, Grey Fox Wealth Advisors LLC purchased a new position in Ulta Beauty during the third quarter worth about $31,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty News Roundup

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: Canaccord Genuity raised its price target to $799 and kept a “buy” rating, signaling strong upside expectations from the sell-side ahead of earnings. Benzinga
• Positive Sentiment: Telsey Advisory Group raised its price target to $715, reflecting bullish views on Ulta’s growth trajectory and margin outlook. Telsey Advisory Group Increases Ulta Beauty (NASDAQ:ULTA) Price Target to $715.00
• Positive Sentiment: Barclays published a bullish forecast for ULTA, calling for strong price appreciation — another vote of confidence from major firms ahead of the quarter. Barclays Forecasts Strong Price Appreciation for Ulta Beauty (NASDAQ:ULTA) Stock
• Positive Sentiment: Wall Street chatter shows several firms lifting targets on Ulta ahead of earnings, adding upward pressure to the stock via improved sentiment. Wall Street Lifts Targets on Five Below, Ulta Beauty and Nature’s Sunshine Ahead of Key Earnings Reports
• Positive Sentiment: MarketWatch highlights that Ulta may post higher Q4 sales on the launch of Selena Gomez’s makeup brand — a potentially meaningful top-line catalyst if sell-through is strong. Ulta Beauty May Post Higher 4Q Sales on Launch of Selena Gomez’s Makeup Brand — Earnings Preview
• Positive Sentiment: Promotions: Ulta’s “21 Days of Beauty” sale is live and attracting press coverage and shopper traffic — a near-term demand driver that can lift Q4/Q1 comps. Ulta’s 21 Days of Beauty Sale Is in Full Swing — Shop Editor-Loved Deals Up to 50% Off
• Neutral Sentiment: Broader coverage/preview pieces (earnings previews and weekly deal roundups) are increasing attention but mainly reiterate expectations rather than new data; these will amplify volatility around the report. What To Expect From Ulta’s (ULTA) Q4 Earnings
• Neutral Sentiment: Industry/brand moves: Keracolor’s national retail expansion and refreshed digital footprint signal competition and category growth — a mixed development for retailers like Ulta (more category interest, but increased competition). Keracolor Debuts Brand Evolution, Celebrating a Decade of Innovation with New Digital Footprint and National Retail Expansion
• Negative Sentiment: Wells Fargo raised its target but set it at $500 — below the current trading level — which is a relatively conservative signal and could cap upside if others follow suit. Wells Fargo & Company Boosts Ulta Beauty (NASDAQ:ULTA) Price Target to $500.00

About Ulta Beauty

Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.

The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.