Ulta Beauty Inc (NASDAQ:ULTA) will release its first quarter results after market close on Tuesday, June 2.

Analysts expect the Bolingbrook, Illinois-based company to report revenue of $3.08 billion and EPS of $6.87. This EPS estimate indicates a modest year-over-year growth of about 2.5% compared to the $6.70 per share reported in the same quarter last year.

Ulta Beauty has expanded its delivery reach by adding over 1,500 stores to the Uber Eats marketplace for scheduled and same-day deliveries. Earlier, on May 27, Ulta Beaty had announced an exclusive partnership with DC Studios' highly anticipated feature film, Supergirl, coming to theaters on June 26.

Shares of Ulta Beauty fell 8.08% to close at $500.77 on Monday.

Benzinga readers can access the latest analyst ratings on the https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie“> Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate https://www.benzinga.com/quote/ULTA/analyst-ratings“> analysts have rated the company in the recent period.

  • JP Morgan analyst Christopher Horvers maintained Ulta Beauty with an Overweight rating while lowring the price target from $800 to $750 on March 13, 2026. This analyst has an accuracy rate of 69%.
  • Piper Sandler analyst Anna Andreeva maintained the stock with from an Overweight rating while cutting the price target from $750 to $700 on March 13, 2026. This analyst has an accuracy rate of 56%.
  • Morgan Stanley analyst Simeon Gutman maintained an Overweight rating on the stock while lowering the price target from $750 to $700 on March 13, 2026. This analyst has an accuracy rate of 66%.
  • Wells Fargo analyst Ike Boruchow maintained an Underweight rating on the stock while cutting the price target from $500 to $475 on March 13, 2026. This analyst has an accuracy rate of 70%.
  • Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating on the stock with a price target of $715 on March 13, 2026. This analyst has an accuracy rate of 65%.

Considering buying ULTA stock? Here’s what analysts think: