Ulta Beauty (ULTA) Expected to Post Earnings on Thursday

Ulta Beauty (NASDAQ:ULTA) will likely be issuing its Q2 2027 results after the market closes on Thursday, August 27th. Analysts expect Ulta Beauty to post earnings of $6.21 per share and revenue of $2.9843 billion for the quarter. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Individuals may review the information on the company’s upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Thursday, August 27, 2026 at 4:30 PM ET.

Ulta Beauty (NASDAQ:ULTA) last posted its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.89 by $0.85. The business had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.70 EPS. On average, analysts expect Ulta Beauty to post $29 EPS for the current fiscal year and $32 EPS for the next fiscal year.

Ulta Beauty Stock Up 3.3%

Shares of Ulta Beauty stock opened at $538.76 on Tuesday. The company has a market cap of $23.16 billion, a price-to-earnings ratio of 20.20, a price-to-earnings-growth ratio of 1.63 and a beta of 0.87. The company’s 50 day moving average is $491.33 and its 200 day moving average is $537.86. Ulta Beauty has a twelve month low of $443.60 and a twelve month high of $714.97.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: UBS reiterated a Buy rating and maintained a $735 price target, citing durable growth prospects. Canaccord Genuity also reiterated its Buy rating and kept a $731 target, pointing to the company’s “Ulta Beauty Unleashed” strategy. These targets imply substantial potential upside from recent trading levels. UBS Ulta Beauty Buy Rating Article Canaccord Genuity Ulta Beauty Buy Rating Article
• Positive Sentiment: Analysts expect Ulta’s second-quarter revenue and earnings to grow, supported by resilient beauty demand, digital gains and the Space NK business. The company’s prior quarter also exceeded consensus estimates, with revenue up 11.1% year over year and EPS of $7.74 versus the $6.89 estimate. Ulta Beauty Q2 Earnings Preview
• Positive Sentiment: GuruFocus’s valuation analysis characterized ULTA as undervalued following its recent rally, potentially attracting investors who believe the shares still have room to recover toward historical highs. GuruFocus Ulta Beauty Valuation Article
• Positive Sentiment: Ulta filed plans for a new store in Huber Heights, Ohio, signaling ongoing physical expansion and potential future sales growth. Ulta Beauty Huber Heights Store Article
• Neutral Sentiment: Options-market activity suggests traders are positioning for a potentially significant move in ULTA, though the direction is uncertain and the activity may increase volatility rather than establish a clear bullish signal. Ulta Beauty Options Activity Article
• Negative Sentiment: Despite the upbeat earnings outlook, analysts note possible margin pressure, making profitability and guidance important risks when Ulta reports results.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ULTA shares. Bank of America upgraded Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price target on the stock in a research note on Tuesday, May 5th. B. Riley Financial reduced their price objective on Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Robert W. Baird dropped their target price on Ulta Beauty from $730.00 to $700.00 and set an “outperform” rating on the stock in a research report on Wednesday, June 3rd. Wells Fargo & Company dropped their price objective on shares of Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating on the stock in a report on Wednesday, June 3rd. Finally, DA Davidson decreased their price target on shares of Ulta Beauty from $650.00 to $585.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $638.09.

Insider Buying and Selling

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $475.84, for a total transaction of $182,246.72. Following the completion of the transaction, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. The trade was a 13.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. State Street Corp increased its stake in Ulta Beauty by 2.5% in the 4th quarter. State Street Corp now owns 2,025,565 shares of the specialty retailer’s stock worth $1,225,487,000 after buying an additional 50,305 shares in the last quarter. Invesco Ltd. boosted its stake in Ulta Beauty by 2.9% during the fourth quarter. Invesco Ltd. now owns 864,621 shares of the specialty retailer’s stock valued at $523,104,000 after buying an additional 24,238 shares during the last quarter. Marshall Wace LLP grew its holdings in Ulta Beauty by 5.4% during the 4th quarter. Marshall Wace LLP now owns 478,657 shares of the specialty retailer’s stock valued at $289,592,000 after buying an additional 24,451 shares in the last quarter. AQR Capital Management LLC grew its holdings in Ulta Beauty by 76.6% during the 2nd quarter. AQR Capital Management LLC now owns 477,504 shares of the specialty retailer’s stock valued at $222,794,000 after buying an additional 207,084 shares in the last quarter. Finally, Amundi increased its stake in Ulta Beauty by 5.6% in the 4th quarter. Amundi now owns 469,734 shares of the specialty retailer’s stock worth $284,194,000 after acquiring an additional 24,971 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Company Profile

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.