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Ulta Beauty (ULTA, Other Specialty Retail) Stock Valuation & Fair Value Fairly valued

Ulta Beauty (ULTA, Other Specialty Retail) trades at a blended P/E of 18.8, about 34% below its historical normal valuation, with a forward growth estimate of 11.2% and a PEG of 1.68. Analysts' one-year estimates have been hit 45% of the time.

DATA AS OF 2026-08-21
Blended P/E
18.8
Normal P/E
28.4
PEG
1.68
Fwd growth
11.2%
Div yield
0.0%
RSI (14)
55.9
Neutral

The Street vs SeerForecast

Wall Street's mean price target for ULTA is $623.42 across 24 analysts, 19.6% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: fairly valued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been fairly valued since 2026-06-03.

Price and rating by weekClose moved +8.4 percent from 2026-06-03 to 2026-08-17, with 2 rating changes over 21 recorded weeks.2026-06-03: Fairly valued, close 471.21 (recalculated)2026-06-10: Fairly valued, close 470.75 (recalculated)2026-06-14: Fairly valued, close 467.74 (recalculated)2026-06-16: Fairly valued, close 463.68 (recalculated)2026-06-21: Fairly valued, close 456.13 (recalculated)2026-07-02: Fairly valued, close 461.33 (recalculated)2026-07-06: Fairly valued, close 452.49 (recalculated)2026-07-09: Fairly valued, close 460.24 (recalculated)2026-07-12: Fairly valued, close 469.20 (recalculated)2026-07-13: Fairly valued, close 473.33 (recalculated)2026-07-14: Fairly valued, close 469.12 (recalculated)2026-07-20: Fairly valued, close 488.08 (recalculated)2026-07-22: Fairly valued, close 483.52 (recalculated)2026-07-25: Fairly valued, close 475.36 (recalculated)2026-07-27: Fairly valued, close 480.51 (recalculated)2026-07-31: Fairly valued, close 512.83 (recalculated)2026-08-03: Fairly valued, close 512.832026-08-07: Trading above fair value, close 565.15 (recalculated)2026-08-10: Trading above fair value, close 565.152026-08-14: Fairly valued, close 510.75 (recalculated)2026-08-17: Fairly valued, close 510.754715112026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 19.6-31%Fairly valued
2026-06-10P/E 17.5-38%Fairly valued
2026-06-14P/E 17.5-38%Fairly valued
2026-06-16P/E 17.5-38%Fairly valued
2026-06-21P/E 17.5-38%Fairly valued
2026-07-02P/E 16.9-41%Fairly valued
2026-07-06P/E 17.1-40%Fairly valued
2026-07-09P/E 17.1-40%Fairly valued
2026-07-12P/E 17.4-39%Fairly valued
2026-07-13P/E 17.4-39%Fairly valued
2026-07-14P/E 17.4-39%Fairly valued
2026-07-20P/E 17.7-38%Fairly valued
2026-07-22P/E 17.7-38%Fairly valued
2026-07-25P/E 17.5-38%Fairly valued
2026-07-27P/E 17.5-38%Fairly valued
2026-07-31P/E 19.0-33%Fairly valued
2026-08-03P/E 18.9-34%Fairly valued
2026-08-07P/E 19.8-30%Trading above fair value
2026-08-10P/E 20.7-27%Trading above fair value
2026-08-14P/E 18.9-34%Fairly valued
2026-08-17P/E 18.7-34%Fairly valued
2026-08-21P/E 18.8-34%Fairly valued ← now

Frequently asked questions

Is Ulta Beauty stock overvalued?

At a blended P/E of 18.8 versus its historical normal P/E of 28.4, Ulta Beauty trades about 34% below its typical valuation, with a PEG of 1.68 on 11.2% forward growth. tickerseer currently rates it fairly valued.

What is Ulta Beauty's fair value and PEG?

Ulta Beauty trades at a blended P/E of 18.8 against a historical normal P/E of 28.4, a PEG of 1.68, and a forward growth estimate of 11.2%.

Has tickerseer's rating of Ulta Beauty changed?

tickerseer's rating has been fairly valued since 2026-06-03.

What is the analyst price target for Ulta Beauty?

The mean Wall Street price target for Ulta Beauty is $623.42 across 24 analysts, 19.6% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Other Specialty Retail. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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