Telsey Advisory Reaffirms Their Buy Rating on Ulta Beauty (ULTA)

In a report released today, Dana Telsey from Telsey Advisory maintained a Buy rating on Ulta Beauty, with a price target of $715.00.

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Telsey covers the Consumer Cyclical sector, focusing on stocks such as Tapestry, Oxford Industries, and Ulta Beauty. According to TipRanks, Telsey has an average return of 0.2% and a 42.07% success rate on recommended stocks.

In addition to Telsey Advisory, Ulta Beauty also received a Buy from TD Cowen’s Oliver Chen in a report issued on June 9. However, on June 4, Citi maintained a Hold rating on Ulta Beauty (NASDAQ: ULTA).

Based on Ulta Beauty’s latest earnings release for the quarter ending May 2, the company reported a quarterly revenue of $3.16 billion and a net profit of $340.47 million. In comparison, last year the company earned a revenue of $2.85 billion and had a net profit of $305.05 million

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ULTA in relation to earlier this year. Most recently, in April 2026, George Mrkonic, a Director at ULTA sold 452.00 shares for a total of $243,759.08.