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ULTA Stock Plunges 14.2% to $535.72 as Eight Analysts Slash Price Targets After Earnings

ULTA shares drop 14.2% to $535.72 as eight analysts cut price targets following recent earnings, with Wells Fargo lowering to $475.

March 16, 2026 2 min read

ULTA shares drop 14.2% to $535.72 as eight analysts cut price targets following recent earnings, with Wells Fargo lowering to $475.

Stock Price
$535.72
current
Change
-14.24%
today
Volume
2.7M
shares traded

Volume surges to 4.6x the daily average. Trading volume hit 2.74 million shares, 4.6 times the typical daily average, confirming broad-based selling pressure. The elevated activity suggests institutional repositioning rather than retail-driven volatility.

ULTA eps_beat_miss
What to Watch: The stock now trades 28% below the most bullish analyst target of $799. Investors should monitor whether management provides updated guidance or strategic initiatives to address analyst concerns when the company next reports earnings in late May.

This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.

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Tags: #ULTA