Ulta Beauty Stock Trailing Yearly High Despite Q2 Earnings Beat and Raised Guidance

Key Facts

1Ulta Beauty reported Q2 sales of $3.04 billion and diluted EPS of $6.55, both exceeding analyst expectations.

2The company raised its full-year 2026 guidance following the strong results.

Ulta Beauty reported Q2 sales of $3.04 billion and diluted EPS of $6.55, exceeding analyst expectations according to AD HOC NEWS. The company raised its full-year 2026 guidance following these strong results, now projecting sales growth between 6.7% and 7.2%.

ULTA closed at $545.20 on September 25, 2026, remaining 23.74% below its 52-week high of $714.97. Despite the positive fundamental performance, DA Davidson reaffirmed a "Buy" rating on September 23, 2026, maintaining a price target of $625.00, while the company's market capitalization stood at $23.4 billion.