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Ulta Beauty and Target to End Partnership

Story Highlights
  • Ulta Beauty and Target will end their shop-in-shop partnership in August 2026.
  • The conclusion of the partnership is not expected to impact Ulta Beauty’s financial targets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ulta Beauty and Target to End Partnership

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An announcement from Ulta Beauty ( (ULTA) ) is now available.

On August 14, 2025, Ulta Beauty and Target Corporation announced their decision not to renew the Ulta Beauty at Target shop-in-shop partnership when the current agreement ends in August 2026. This decision is not expected to significantly impact Ulta Beauty’s fiscal 2025 financial results or long-term financial targets. The partnership, which began in 2021, has been successful in expanding access to prestige beauty and offering convenience through linked rewards programs. Both companies remain committed to providing a seamless shopping experience until the partnership concludes, while Ulta Beauty continues to focus on its growth plans, including the launch of Ulta Beauty Marketplace.

The most recent analyst rating on (ULTA) stock is a Hold with a $395.00 price target. To see the full list of analyst forecasts on Ulta Beauty stock, see the ULTA Stock Forecast page.

Spark’s Take on ULTA Stock

According to Spark, TipRanks’ AI Analyst, ULTA is a Outperform.

Ulta Beauty’s strong financial performance and strategic initiatives in brand and digital engagement are significant strengths. However, overbought technical indicators and uncertainties in economic outlook present cautionary notes. The company’s valuation is reasonable, but lack of a dividend may deter some investors.

To see Spark’s full report on ULTA stock, click here.

More about Ulta Beauty

Ulta Beauty is the largest specialty beauty retailer in the U.S., offering a wide range of cosmetics, fragrance, skincare, haircare, wellness, and salon services. With approximately 1,500 stores across the U.S., Ulta Beauty is known for its expansive product assortment, professional salon services, and its Ulta Beauty Rewards loyalty program. The company is also expanding internationally through ventures in Mexico, the Middle East, and the U.K.

Average Trading Volume: 747,319

Technical Sentiment Signal: Buy

Current Market Cap: $23.19B

See more data about ULTA stock on TipRanks’ Stock Analysis page.

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