Summary:
- Ulta Beauty's (ULTA, Financial) shares surge nearly 9% following impressive Q1 earnings and an optimistic fiscal outlook for 2025.
- Analysts' average price target is $424.97, implying a slight upside from the current market price.
- GuruFocus estimates a substantial 32.93% potential upside with a GF Value of $560.70.
Ulta Beauty (ULTA) shares made significant gains of almost 9% in postmarket trading, driven by first-quarter earnings that exceeded expectations and an upgraded fiscal 2025 outlook. The company now forecasts revenue ranging between $11.5 billion and $11.7 billion, alongside an earnings per share estimate of $22.65 to $23.20, which surpasses previous forecasts.
Wall Street Analysts Forecast
According to one-year price targets provided by 22 analysts, Ulta Beauty Inc (ULTA, Financial) has an average target price of $424.97. This includes a high estimate of $510.00 and a low estimate of $315.00, suggesting a modest upside potential of 0.75% from the current stock price of $421.79. For more comprehensive details, visit the Ulta Beauty Inc (ULTA) Forecast page.
The consensus recommendation from 29 brokerage firms positions Ulta Beauty Inc (ULTA, Financial) at an average brokerage recommendation of 2.5, indicating an "Outperform" rating. This rating scale ranges from 1 (Strong Buy) to 5 (Sell), providing investors with a professional evaluation of the stock’s potential.
GuruFocus Valuation Insights
According to GuruFocus estimates, the GF Value for Ulta Beauty Inc (ULTA, Financial) in one year is projected at $560.70. This represents a significant upside of 32.93% from its current price of $421.79. The GF Value reflects GuruFocus' assessment of the stock's fair trading value, derived from historical trading multiples, past business growth, and future performance estimates. For further in-depth analysis, visit the Ulta Beauty Inc (ULTA) Summary page.