Ulta Shares Surge Following Strong Q3 Earnings Report: Key Insights
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2025
0mins
Source: Benzinga
Earnings Report: Ulta Beauty reported Q3 earnings of $5.14 per share, surpassing analyst expectations of $4.54, with revenue of $2.858 billion exceeding estimates of $2.72 billion.
Sales Growth: The company experienced a 12.9% increase in net sales compared to the previous year, with comparable sales rising by 6.3% and gross profit increasing by 14.9%.
Store Expansion: During Q3, Ulta opened 28 new stores, remodeled 15, and closed one, reflecting ongoing growth and strategic execution.
Updated Outlook: Ulta raised its fiscal 2025 GAAP EPS guidance to between $25.20 and $25.50 and increased revenue guidance to approximately $12.3 billion, both exceeding previous estimates.
Analyst Views on ULTA
Wall Street analysts forecast ULTA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ULTA is 647.83 USD with a low forecast of 450.00 USD and a high forecast of 780.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Analyst Rating
15 Buy
6 Hold
1 Sell
Moderate Buy
Current: 651.300
Low
450.00
Averages
647.83
High
780.00
Current: 651.300
Low
450.00
Averages
647.83
High
780.00
About ULTA
Ulta Beauty, Inc. is a specialty United States beauty retailer and the premier beauty destination for cosmetics, fragrance, skincare products, haircare products and salon services. The Company operates approximately 1,451 retail stores across 50 states and distributes products through its Website, which includes a collection of tips, tutorials, and social content. The Company’s business includes a differentiated assortment of approximately 29,000 beauty products across a variety of categories and price points, as well as a variety of beauty services, including salon services, in more than 1,400 stores predominantly located in convenient, high-traffic locations. It also offers digital experiences delivered through its Website, Ulta.com, and its mobile applications. The Company’s brands include Ulta Beauty Collection, about-face, Ariana Grande, CHANEL, FENTY BEAUTY by Rihanna, It Cosmetics, LolaVie, OUAI, PAT McGRATH LABS, Tula, and NYX Professional Makeup.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
