ULTA Price Prediction Next Week
Analysis and Insights
Technical Analysis:
The current price of ULTA is $358.27. Key technical indicators include:
- RSI (14-period): 37.27, indicating the stock is in a bearish range.
- Stochastic Oscillator: K at 45.24 and D at 31.47, suggesting bearish momentum.
- MACD: The MACD line (-12.18) is below the signal line, indicating bearish sentiment.
Fibonacci levels indicate resistance at 368.41 and 376.03, with support at 343.76 and 336.15.
News and Event Impact:
- Earnings Report: ULTA is scheduled to report earnings on Thursday of the next trading week. This event is critical and could significantly impact the stock price.
- Market Sentiment: Jim Cramer has highlighted the importance of ULTA's earnings, noting the challenges in the cosmetics industry and the need for the new CEO to differentiate the company.
Price Prediction:
Given the technical indicators and the upcoming earnings report, the stock is expected to face selling pressure. The target price for the next trading week is $343.76, with a recommendation to sell as the indicators suggest a bearish outlook.
ULTA Similar Chart Price Prediction
The price of ULTA is predicted to go up 5.92%, based on the high correlation periods with EGAN. The similarity of these two price pattern on the periods is 98.71%.
ULTA
EGAN
Up: 5.92%Similarity: 98.71%
ULTA Revenue Forecast
ULTA EPS Forecast
ULTA FAQs
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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.
Adrienne Yih
Barclays
Hold
2025-01-09
Price Target
$410 → $445
Upside
+6.4%
Susan Anderson
Canaccord Genuity
Strong Buy
2025-01-07
Price Target
$500 → $538
Upside
+25.62%
