What is DA Davidson’s Forecast for Ulta Beauty Q1 Earnings?

Ulta Beauty, Inc. (NASDAQ:ULTA) – Equities research analysts at DA Davidson issued their Q1 2026 earnings per share (EPS) estimates for shares of Ulta Beauty in a note issued to 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 objective 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.

Several other research analysts have also recently weighed in on ULTA. StockNews.com upgraded shares of Ulta Beauty from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. Morgan Stanley lowered their price target on shares of Ulta Beauty from $500.00 to $460.00 and set an “overweight” rating on the stock in a report on Friday. JPMorgan Chase & Co. decreased their price target on shares of Ulta Beauty from $480.00 to $475.00 and set an “overweight” rating on the stock in a research note on Friday. Wells Fargo & Company decreased their price target on Ulta Beauty from $360.00 to $310.00 and set an “underweight” rating on the stock in a research report on Friday. Finally, TD Cowen upped their price objective 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 analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, Ulta Beauty has an average rating of “Hold” and a consensus price target of $431.13.

Ulta Beauty Stock Performance

Shares of ULTA stock opened at $357.48 on Monday. The firm’s 50 day moving average price is $385.01 and its two-hundred day moving average price is $386.94. Ulta Beauty has a 52-week low of $309.01 and a 52-week high of $544.36. The stock has a market cap of $16.58 billion, a PE ratio of 14.30, a PEG ratio of 0.89 and a beta of 1.34.

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

Institutional Investors Weigh In On Ulta Beauty

Institutional investors and hedge funds have recently bought and sold shares of the stock. Prestige Wealth Management Group LLC lifted its stake in Ulta Beauty by 121.4% during the fourth quarter. Prestige Wealth Management Group LLC now owns 62 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 34 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in shares of Ulta Beauty by 118.4% in the third quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock worth $32,000 after buying an additional 45 shares during the period. Westside Investment Management Inc. lifted its stake in shares of Ulta Beauty by 151.5% in the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after acquiring an additional 50 shares during the last quarter. Edge Capital Group LLC bought a new stake in shares of Ulta Beauty in the 4th quarter valued at about $33,000. Finally, Harvest Fund Management Co. Ltd purchased a new stake in Ulta Beauty during the 3rd quarter valued at about $41,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

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.