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Added to YB: 2025-08-26

Pitch date: 2025-08-22

ULTA [bullish]

Ulta Beauty, Inc.

+12.18%

current return

Author Info

No bio for this author

Company Info

Ulta Beauty, Inc. operates as a specialty beauty retailer in the United States, Mexico, and Kuwait. 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.

Market Cap

$26.7B

Pitch Price

$527.01

Price Target

589.00 (-2%)

Dividend

N/A

EV/EBITDA

12.52

P/E

22.98

EV/Sales

2.42

Sector

Specialty Retail

Category

turnaround

Show full summary:
Barclays Upgrades $ULTA to Overweight

ULTA (holding update): Barclays upgrade to Overweight, PT $589 from $518. New CEO Kecia Steelman driving rapid changes: sustainable positive comps/margin expansion, improved promos, optimizing distribution by slowing store growth & ending Target partnership 8/26, low tariff exposure vs peers, conservative FY25 guidance allows beat/raise potential. Beauty market stabilizing at mid-single-digit growth.

Read full article (1 min)