ULTA Price Prediction Next Week
Based on the provided data and recent market activity, here's a comprehensive analysis and price prediction for ULTA for the next trading week:
Technical Analysis
- RSI reading of 29.02 indicates severely oversold conditions
- Current price at $375.06 is trading significantly below both SMA-20 ($410.14) and SMA-200 ($387.88), suggesting strong bearish momentum
- Stock has entered oversold territory with heavy selling pressure in recent sessions
News Sentiment & Market Impact
- Stock experienced significant decline of 6.68% to $374.79 on Friday amid broader market weakness
- Beauty sector facing headwinds with multiple companies reporting disappointing results
- E.l.f. Beauty and Estee Lauder's weak earnings and guidance have created negative sentiment across beauty stocks
- Potential impact from new tariffs as China announced retaliatory measures on select U.S. imports
Price Prediction for Next Week Based on technical indicators and news sentiment:
Support Levels:
- Strong support: $370.01 (Fibonacci S2)
- Critical support: $349.71 (Fibonacci S3)
Resistance Levels:
- Immediate resistance: $382.55 (Fibonacci S1)
- Secondary resistance: $402.84 (Fibonacci pivot)
Target Price Range: $380-395
Trading Recommendation: BUY Rationale:
- Extremely oversold conditions suggest a technical bounce is likely
- Current price near strong support level
- Positive holiday season performance reported
- Strong loyalty program with 44 million members provides stable revenue base
Entry Point: Current levels ($375.06) Stop Loss: $368.00 Take Profit: $395.00
The stock appears poised for a short-term technical rebound from oversold conditions, though investors should monitor broader market conditions and beauty sector sentiment closely.
ULTA Similar Chart Price Prediction
The price of ULTA is predicted to go up -3.85%, based on the high correlation periods with RILY. The similarity of these two price pattern on the periods is 95.52%.
ULTA
RILY
Down: -3.85%Similarity: 95.52%
ULTA Revenue Forecast
ULTA EPS Forecast
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ULTA VS S&P500
As the largest specialty beauty retailer in the US, Ulta has access to leading brands and exclusive products. Its merchandising encourages frequent store visitation and draws shoppers from department stores.
Ulta's loyalty program of more than 40 million active members is getting a boost from its expanding Target shop-in-shops. Ulta can use consumer data to improve its marketing, merchandising, and e-commerce.
Ulta benefits from rising consumer interest in beauty and wellness and the proliferation of innovative products with high price points.
ULTA Analyst's Forecast
Simeon Gutman
Morgan Stanley
Hold → Buy
2025-01-21
Price Target
$430 → $500
Upside
+18.44%
Morgan Stanley analyst Simeon Gutman upgraded Ulta Beauty to Overweight from Equal Weight with a price target of $500, up from $430. The beauty industry should continue above-average growth in 2025, the analyst tells investors in a research note. The firm believes Ulta's share gains within beauty should improve in 2025 from its 2024 bottom, and says the company's sales and margin expectations are reasonable for 2025. As such, it sees potential for earnings and valuation upside.
Susan Anderson
Canaccord Genuity
Strong Buy
2025-01-07
Price Target
$500 → $538
Upside
+25.62%
Kelly Crago
Citigroup
Hold
2025-01-07
Price Target
$450 → $457
Upside
+6.71%
