Ulta Beauty (NASDAQ:ULTA) Stock

ULTA BEAUTY INC

Ulta Beauty

With more than 1,400 freestanding stores and 600 Target shop-in-shops, Ulta Beauty is the largest specialized beauty retailer in the US. The firm offers cosmetics (39% of 2024 sales), fragrances (13%), skin care (23%), and hair care products (19%). It also offers salon services, including hair, makeup, skin, and brow, that account for about 4% of its revenue and drive traffic. In addition, it collects royalties through its Target partnership and credit card revenue. Most standalone Ulta stores are approximately 10,000 square feet and are in suburban strip centers. The firm will soon open franchised stores in Mexico and has formed a joint venture to expand into the Middle East. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.

Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) made a strategic move into the United Kingdom on Thursday by acquiring leading British <a href="https://www.benzinga.com/pressreleases/25/07/b46339324/ulta-beauty-announces-acquisition-of-leading-british-beauty-retailer-space-nk-from-manzanita-capit" target="_blank" rel="noreferrer noopener">beauty retailer </a><a href="https://www.benzinga.com/pressreleases/25/07/b46339324/ulta-beauty-announces-acquisition-of-leading-british-beauty-retailer-space-nk-from-manzanita-capit" target="_blank" rel="noreferrer noopener">Space NK Limited</a><a href="https://www.benzinga.com/pressreleases/25/07/b46339324/ulta-beauty-announces-acquisition-of-leading-british-beauty-retailer-space-nk-from-manzanita-capit" target="_blank" rel="noreferrer noopener">.</a>
The U.S.-based cosmetics giant announced that it purchased Space NK from investment firm Manzanita Capital, which specializes in backing beauty brands.
Terms of the acquisition were not disclosed. However, the company mentioned that the transaction was funded through Ulta&#8217;s existing credit lines and cash reserves.
Also Read:<a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/46080080/analyst-sees-ulta-beautys-q2-outperformance-driven-by-shifting-beauty-trends" rel="noreferrer noopener"> Analyst Sees Ulta Beauty&#8217;s Q2 Outperformance Driven By Shifting Beauty Trends</a>
Ulta&#8217;s cash and cash equivalents at the end of the<a target="_blank" href="https://www.ulta.com/investor/news-events/press-releases/detail/206/ulta-beauty-announces-first-quarter-fiscal-2025-results" rel="noreferrer noopener"> first quarter </a>of fiscal 2025 totaled $454.6 million.
It is not expected to have a significant impact on Ulta&#8217;s fiscal 2025 financial performance or ongoing capital deployment strategies, such as its share repurchase program.
Space NK currently operates 83 retail locations across the UK and Ireland and maintains a strong online presence.
The brand is recognized for offering a carefully curated selection of innovative beauty products and is widely regarded as a top destination for premium cosmetics.
Following the acquisition, Space NK will continue to function independently under its existing leadership, including CEO Andy Lightfoot.
Kecia Steelman, Ulta&#8217;s president and CEO, said the deal aligns with the company&#8217;s broader &#8220;Ulta Beauty Unleashed&#8221; international growth initiative.
She noted that adding Space NK to Ulta&#8217;s portfolio allows for an immediate foothold in the growing UK beauty market, which complements ongoing expansion efforts in Mexico and the Middle East.
&#8220;Along with our initiatives in Mexico and the Middle East, we are creating a broader platform for Ulta Beauty to unlock long-term, profitable growth,&#8221; Steelman said, expressing optimism about leveraging Space NK&#8217;s local expertise and loyal consumer base.
She emphasized that the acquisition presents a unique opportunity to scale internationally while building on Space NK&#8217;s premium retail model.
Price Action: ULTA shares are trading higher by 0.33% to $476.99 premarket at last check Thursday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/07/46339603/why-pony-ai-stock-is-gaining-on-thursday" target="_blank" rel="noreferrer noopener">Why Pony AI Stock Is Gaining On Thursday</a></li>
</ul>
Photo: Shutterstock

Equities

News

Markets

Movers

General

ULTA

Ulta Beauty Expands Overseas, Adds UK's Space NK To Its Empire

Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) today announced that it has acquired Space NK Limited, a leading British beauty retailer, from Manzanita Capital, a beauty sector specialist investor with a long-term investment horizon. Financial terms of the transaction were not disclosed.
The purchase of Space NK was funded with cash on hand and capacity under Ulta Beauty's existing credit facility. The acquisition is not expected to be material to Ulta Beauty's fiscal 2025 financial results and will not impact execution of its capital allocation priorities, including its share repurchase program.
 &nbsp;

Ulta Beauty Acquires Space NK, Financial Terms Not Disclosed

DA Davidson analyst Michael Baker maintains Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) with a Buy and raises the price target from $485 to $550.

Price Target

Analyst Ratings

DA Davidson Maintains Buy on Ulta Beauty, Raises Price Target to $550

Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) has outperformed the market over the past 5 years by 3.89% on an annualized basis producing an average annual return of 18.68%. Currently, Ulta Beauty has a market capitalization of $21.47 billion. 
Buying $100 In ULTA: If an investor had bought $100 of ULTA stock 5 years ago, it would be worth $228.61 today based on a price of $477.79 for ULTA at the time of writing.
<h3>Ulta Beauty's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751577312_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

The S&amp;P 500 finally reached new <a href="https://www.benzinga.com/content/46195977/s-amp-p-500-all-time-highs-5-catalysts-driving-it-higher">all-time highs this week</a>, surpassing the level last seen in February, and investors have plenty of confidence as they move into the summer.
While several factors influenced the April drawdown and subsequent recovery, the market's continued strength has been bolstered by strong corporate earnings in the first quarter. This month, we will begin to see earnings figures for the second quarter. Whether those numbers can match those from Q1 could make or break this rally.
Today, we&#8217;re examining five stocks that not only reported impressive Q1 results but also increased their guidance for Q2, indicating they anticipate earnings to remain strong. These are the most likely stocks to keep rallying through earnings season.
<h2 class="wp-block-heading">July 4th Sale: Save Up To $1,200 On Benzinga Pro</h2>
Your current setup is costing you money, whether it's free or expensive &#8211; scattered tools mean missed opportunities. Consolidate everything into one powerful platform that actually works together. Stop missing opportunities by signing up <a href="https://www.benzinga.com/pro/register/4th-of-july-sale/?utm_campaign=bzpro-4th&amp;el=ResearchDaily&amp;he={{email}}&amp;adt_ei={{email}}&amp;utm_adType=SponsorAd&amp;utm_ad=RD070325">HERE</a> (60% off) for Benzinga Pro.
Let&#8217;s take a look.
<h2 class="wp-block-heading">Advanced Micro Devices Inc.</h2>
AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) reported earnings for Q1 2025 on May 6 and <a href="https://www.benzinga.com/news/earnings/25/05/45237261/amd-q1-earnings-revenue-eps-beat-driven-by-expanding-data-center-ai-momentum-chipmaker-expects-strong-growth-in-2025">smashed expectations</a> on its way to a record quarter. Q1 revenue came in at $7.44 billion, beating the expected $7.1 billion easily and demonstrating year-over-year (YOY) growth of over 35%. The $0.96 EPS figure also beat expectations by $0.03. The data center segment saw the most considerable expansion, growing 57% YOY. AMD also raised the top end of its Q2 guidance estimates to $7.7 billion, placing Q2 revenue within a range of $7.1 billion to $7.7 billion. The consensus expectation for AMD Q2 revenue is currently $7.2 billion.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdTkx5tJDC7V4T-WKi5s-ivhAKAUQNs5owa1H1_P-Ge2bdNzLniA8ufPuYW-xUOLmCN9fW2PtfrkObalnzpkgdjpGAtf3qPzGfC2kA6l4rC_2Wjv6_mtBMWgXECbVbFJEzWPXYYIA?key=KtpbnfHc1ARgt0j7Ibfv-Q" alt="" /></figure>
June saw a flurry of price target bumps from analysts covering AMD shares, including a June 23 double upgrade from Hold to Strong Buy from Melius Research (along with a price target bump from $110 to $175). The earnings beat, guidance raise and analyst upgrades have contributed to the stock's resurgence as shares finally broke above the 50-day and 200-day moving averages. The MACD confirms the bullish action, so AMD now has fundamental and technical tailwinds at its back as we prepare for Q2 earnings season. If AI capital expenditure (CapEx) spending continues to grow, AMD could be one of the biggest winners in the second half of 2025 and beyond.
<h2 class="wp-block-heading">Ulta Beauty Inc.</h2>
ULTA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45695903/ulta-stock-is-rising-friday-whats-going-on">reported</a> earnings on the last day of May, and its numbers were impressive, especially for a company bracing for impact from tariffs. The company blew away both EPS and revenue projections, beating EPS estimates by $0.97 ($6.70 EPS reported vs. $5.73 expected). Quarterly revenue grew 4.5% YOY, led by a stunning increase in comp sales that far exceeded Wall Street estimates. ULTA reported Q1 comp sales growth of 2.9%, while the Street had expected a minute 0.2%. The company also raised the top of its full-year 2025 guidance estimates to $11.7 billion in total sales, with EPS ranging from $22.65 to $23.20, up from $22.50 to $22.90.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfh3BQ8jE0LcrqhjrnsJiIIOheaXC_AfwEpLc9zTaPsqGzh4rPx_l4jURP5yi8JbHq3fDxVo62Ihed9dLh_lWIZ4_NBEDrCn4vl4Rlje9hMbLK8aN6rVvKA1t2PEQek5NtR1n6y?key=KtpbnfHc1ARgt0j7Ibfv-Q" alt="" /></figure>
Following the optimistic report and guidance raise, the stock rallied fiercely, jumping 11% in the session following the earnings release. A bullish technical signal materialized as well: the Golden Cross, where the stock's 50-day MA rises above the 200-day MA. A Golden Cross signifies renewed interest from technical traders, and combined with the earnings tailwinds, gives ULTA a strong bull case going forward.
<h2 class="wp-block-heading">Adobe Inc.&nbsp;</h2>
The progenitor of the PDF, Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), also posted strong earnings for Q1. On June 12, the company announced $5.06 EPS (beating the $4.97 estimate) and revenue of $5.87 billion, which represented YOY growth north of 10%. Despite the sales growth, the stock remains somewhat undervalued compared to its high-flying tech peers, trading at 23 times forward earnings with a Price-to-Earnings (PEG) growth rate of 1.83. The average P/E ratio for the tech sector remains elevated above 35 for comparison.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfS8eEU2RDjkLfs-XTHs4FCVjjPPSa7L8TRN_rbIDxohzu2qNRJ6Kc-i48pz6plERDte3oZEHCv8PVo-nYRynG0FiotshWTcruv9FDRpdeqpowScRSfnd6ifuJtGpagX6jg47xiLg?key=KtpbnfHc1ARgt0j7Ibfv-Q" alt="" /></figure>
Adobe kept its full-year 2025 revenue estimates unchanged during the Q1 report, but upped EPS projections from $20.36 to a range of $20.50 to $20.70. The market's reaction to the June 12 <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45915038/adobe-q2-earnings-revenue-beat-eps-beat-raised-fy-guidance-continued-investments-in-ai-innovation">earnings report</a> was muted, but that could be because the downtrend had already broken in the previous month. ADBE shares finally broke above a resistance level that had been locking the price down since late December, and now that the RSI has drifted under 70 again, a new entry point could be on the horizon.
<h2 class="wp-block-heading">Amer Sports Inc.&nbsp;</h2>
Unlike competitors like Lululemon, Amer Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) has thrived despite worrisome tariff troubles. The Salomon and Arc'teryx manufacturer posted earnings on May 20 and <a href="https://www.benzinga.com/25/05/45516942/amer-sports-crushes-q1-estimates-thanks-to-arcteryx-and-salomon-expects-tariff-impact-to-be-negligible">absolutely scorched</a> the market's expectations, especially in terms of EPS ($0.27 per share reported vs. $0.12 expected). The company's quarterly revenue of $1.47 billion also represented growth of more than 24% from the same period last year.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd_Cy_Pr43IlcdH82fLa3SOK4k2aDrCvg3rqtIZBZ5zMLavNy8oXfvWF4em7xssnNtYoqv8gVhZJAEJ3sS8GmX7EXANoFzWq5OQ1dftLK9Tc_8ocgjp_EcAG5Hxbms_5HZ3Sc7RPg?key=KtpbnfHc1ARgt0j7Ibfv-Q" alt="" /></figure>
Amer Sports raised guidance on both full-year EPS and revenue projections, delighting the market and quelling fears in an industry that's been unequally punished by tariffs. The stock made new all-time highs earlier this month, with the uptrend strengthening thanks to increasing volume and bullish action on the moving averages. Don't sleep on this up-and-coming sports apparel machine.
<h2 class="wp-block-heading">Jabil Inc.&nbsp;</h2>
Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) is an AI play that has been gaining steam this year, thanks to (you guessed it) earnings growth backed by strong technical trends. During the company's fiscal Q3 2025 <a href="https://www.benzinga.com/news/25/06/45976313/jabil-posts-upbeat-earnings-joins-verve-therapeutics-john-wiley-sons-and-other-big-stocks-moving-higher-on-tuesday">earnings release</a> on June 17, CFO Greg Hebard reported net revenue of $7.8 billion, beating not just analyst expectations but the company's internal projections by more than $800 million. EPS also came in 35% higher YOY at $2.55 per share. Full-year 2025 revenue guidance was raised to $29 billion, and the high-end EPS range was boosted to $9.33. The free cash flow position also continues to improve, as the company banked $326 million in Q3 and now expects to hold a $1.2 billion cash pile by the end of 2025, while still completing its $1 billion stock buyback plan.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf1tUg-7AsUS1mfRYVk29mqePhJhY8Z_Xg3LEN3EJ9GTCAsjbPaovJw13XlbCn7pf8o_dlFQbplf0r2Dgz1GYQ1baSl02-1vUQr1Q4ATUJRubCJty0Zm1XgbMeNZDs03hmF-Qz5?key=KtpbnfHc1ARgt0j7Ibfv-Q" alt="" /></figure>
The company's second-half plans were applauded by investors, who sent the stock to new all-time highs earlier this month. The share price had already risen above the 50-day and 200-day MAs back in May and the uptrend continues to gain steam on solid fundamental data. The technical and fundamental tailwinds are supported by continued analyst backing, including Bank of America, which raised its JABL price target to an industry high of $245 on June 20.
Editorial content from our expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.
Photo: Shutterstock

Opinion

ADBE

5 Stocks Set To Crush Q2 Earnings

Ulta Beauty's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NYSE">ULTA</a>) short percent of float has fallen 12.06% since its last report. The company recently reported that it has 2.33 million shares sold short, which is 6.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.27 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Ulta Beauty Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751396431_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Ulta Beauty has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Ulta Beauty's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Ulta Beauty's peer group average for short interest as a percentage of float is 14.03%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Is Ulta Beauty Gaining or Losing Market Support?

In the current market session, Ulta Beauty Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) stock price is at $453.09, after a 1.31% drop. However, over the past month, the company's stock spiked by 7.42%, and in the past year, by 17.42%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1750946437_0.png" alt="Past Year Chart" />

<h3>How Does Ulta Beauty P/E Compare to Other Companies?</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 49.97 in the Specialty Retail industry, Ulta Beauty Inc. has a lower P/E ratio of 17.95. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1750946437_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

A Look Into Ulta Beauty Inc's Price Over Earnings

Telsey Advisory Group analyst Dana Telsey maintains Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) with a Outperform and maintains $520 price target.

Telsey Advisory Group Maintains Outperform on Ulta Beauty, Maintains $520 Price Target

Management

Ulta Beauty Appoints Chris Lialios Interim CFO

JP Morgan analyst Christopher Horvers reiterated the <a href="https://www.benzinga.com/quote/ULTA/analyst-ratings">Overweight rating</a> on Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>), citing recent data that suggests a stronger second-quarter performance than current market expectations.
Horvers highlighted a positive shift in beauty product sales within the Food, Drug, and Mass (FDM) channels, which turned slightly positive at +0.1% for the four weeks ending June 14. This marks an improvement from the prior month&#8217;s -1.2% (which was also revised up by 30 basis points).
While quarter-to-date trends saw a slight dip to +0.1% through June 14 from +0.5% as of May 31, potentially due to a post-Memorial Day Weekend slowdown, Horvers emphasized the significant correlation between Ulta Beauty&#8217;s same-store sales and broader beauty market data: a 65% correlation with NielsenIQ&#8217;s cosmetics data and 53% with overall beauty data.
Also Read: <a href="https://www.benzinga.com/markets/large-cap/25/06/46064882/amazons-prime-day-secret-weapon-lipstick-and-luxury" target="_blank" rel="noreferrer noopener">Amazon&#8217;s Prime Day Secret Weapon? Lipstick And Luxury</a>
Analysis of year-over-year and two-year comparisons in Nielsen data, corroborated by Circana, indicates robust second-quarter trends for the beauty sector. 
Based on this, Horvers projects a second-quarter growth range of +4% to +7% for Ulta Beauty, a forecast significantly exceeding the Consensus Metrix estimate of +2.1% and his own previous projection of +2.0%. 
Similarly, Circana data suggests a potential second-quarter growth range of +2.5% to +7%, with Horvers&#8217; Ulta Beauty index based on Circana data centered between +5% and +7%.
This positive outlook contrasts with Ulta Beauty&#8217;s May 29 commentary, where management stated that May&#8217;s performance was &#8220;better than&#8221; the first quarter, implying same-store sales above 2.9%. Horvers also noted that sales comparisons will become more favorable in the final two months of the second quarter.
From a guidance perspective, Ulta Beauty had previously communicated expectations for comparable sales to remain relatively consistent throughout the year, with the second and third quarters anticipated to outperform due to easier year-over-year comparisons. 
These easier comparisons are attributed to lapping less effective promotions, an ERP-related disruption, and an unprecedented surge in competitive store openings dating back to 2021.
Price Action: ULTA shares are trading lower by 1.18% to $466.19 at last check Tuesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/06/46078058/whats-going-on-with-amazon-stock-today" target="_blank" rel="noreferrer noopener">What&#8217;s Going On With Amazon Stock Today?</a></li>
</ul>
Photo by Gregory C Sanders via Shutterstock

Analyst Color

Reiteration

Analyst Sees Ulta Beauty's Q2 Outperformance Driven By Shifting Beauty Trends

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Baird raised Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) price target from $410 to $425. Baird analyst Rob Oliver maintained a Neutral rating. Adobe shares closed at $391.68 on Friday. See how other analysts <a href="https://www.benzinga.com/quote/ADBE/analyst-ratings">view this stock</a>.</li>
<li>Loop Capital increased the price target for Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) from $480 to $510. Loop Capital analyst Anthony Chukumba maintained a Buy rating. Ulta Beauty shares closed at $459.17 on Friday. <a href="https://www.benzinga.com/quote/ULTA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keybanc raised SmartStop Self Storage REIT, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMA#NYSE">SMA</a>) price target from $38 to $40. Keybanc analyst Todd Thomas maintained an Overweight rating. SmartStop Self Storage shares closed at $35.69 on Friday. <a href="https://www.benzinga.com/quote/SMA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan slashed the price target for Abercrombie &amp; Fitch Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) from $147 to $141. JP Morgan analyst Matthew Boss maintained an Overweight rating. Abercrombie &amp; Fitch shares closed at $74.66 on Friday. <a href="https://www.benzinga.com/quote/ANF/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan raised the price target for Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) from $349 to $353. JP Morgan analyst Tien-Tsin Huang maintained an Overweight rating. Accenture shares closed at $311.71 on Friday. See how other analysts <a href="https://www.benzinga.com/quote/ACN/analyst-ratings">view this stock</a>.</li>
<li>DA Davidson increased Nebius Group N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIS#NASDAQ">NBIS</a>) price target from $50 to $55. DA Davidson analyst Alex Platt maintained a Buy rating. Nebius Group shares settled at $47.13 on Friday. <a href="https://www.benzinga.com/quote/NBIS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo raised Wix.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIX#NASDAQ">WIX</a>) price target from $173 to $216. Wells Fargo analyst Alec Brondolo upgraded the stock from Equal-Weight to Overweight. Wix.com shares closed at $149.10 on Friday. <a href="https://www.benzinga.com/quote/WIX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Scotiabank increased Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) price target from $43 to $48. Scotiabank analyst Orest Wowkodaw upgraded the stock from Sector Perform to Sector Outperform. Freeport-McMoRan shares closed at $40.94 on Friday.  <a href="https://www.benzinga.com/quote/FCX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies cut the price target for Packaging Corporation of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>) from $245 to $205. Jefferies analyst Philip Ng downgraded the stock from Buy to Hold. Packaging Corporation shares settled at $188.57 on Friday. <a href="https://www.benzinga.com/quote/PKG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. cut BioNTech SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) price target from $145 to $138. HC Wainwright &amp; Co. analyst Robert Burns maintained a Buy rating. BioNTech shares closed at $106.57 on Friday. <a href="https://www.benzinga.com/quote/BNTX/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying ADBE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/adbe/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="589" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16100814/image-245-1024x589.png" alt="" class="wp-image-950870" style="width:647px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16100814/image-245-1024x589.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16100814/image-245-300x173.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16100814/image-245-768x442.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16100814/image-245.png 1131w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45946608/top-3-materials-stocks-that-could-blast-off-this-month-3">Top 3 Materials Stocks That Could Blast Off This Month</a> </li>
</ul>
Photo via Shutterstock

BNTX

NBIS

Accenture To Rally More Than 13%? Here Are 10 Top Analyst Forecasts For Monday

Loop Capital analyst Anthony Chukumba maintains Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) with a Buy and raises the price target from $480 to $510.

Loop Capital Maintains Buy on Ulta Beauty, Raises Price Target to $510

Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) has outperformed the market over the past 5 years by 1.18% on an annualized basis producing an average annual return of 15.13%. Currently, Ulta Beauty has a market capitalization of $20.54 billion. 
Buying $1000 In ULTA: If an investor had bought $1000 of ULTA stock 5 years ago, it would be worth $2,026.56 today based on a price of $456.97 for ULTA at the time of writing.
<h3>Ulta Beauty's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749672913_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 5 Years Ago, You Would Have This Much Today

Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) has outperformed the market over the past 15 years by 9.64% on an annualized basis producing an average annual return of 21.64%. Currently, Ulta Beauty has a market capitalization of $20.82 billion. 
Buying $1000 In ULTA: If an investor had bought $1000 of ULTA stock 15 years ago, it would be worth $18,771.68 today based on a price of $463.29 for ULTA at the time of writing.
<h3>Ulta Beauty's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749222042_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Ulta Beauty Stock In The Last 15 Years

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2025/06/05/final-trades-ulta-disney-gap-and-the-slv.html">Halftime Report Final Trades</a>,&#8221; Stephanie Link, chief investment strategist and portfolio manager at Hightower, said The Gap, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>) is down 33% in a week and recommended using the weakness to buy the stock. The stock trades at 9.7 times and has a dividend yield of 3.1%. 
Link said the clothing retailer reported a robust quarter that gained market share, and praised the new management as &#8220;phenomenal.&#8221;
Gap reported quarterly earnings of 51 cents per share on May 29, beating the consensus estimate of 45 cents. Quarterly revenue came in at $3.46 billion, beating the Street estimate of $3.42 billion.
Cerity Partners&#8217;s Jim Lebenthal said The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) has been in the $115 range. He expects the stock to break above $120.
As per the recent news, on June 4, Walt Disney lost its legal effort to prevent longtime executive Justin Connolly from leaving the company to join Alphabet Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) YouTube.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Bill Baruch, founder and President of both Blue Line Capital and Blue Line Futures, picked iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>), saying silver reached the highest level since 2012.
On the earnings front, Westinghouse Air Brake, on April 23, reported better-than-expected first-quarter adjusted EPS results and raised its FY25 adjusted EPS guidance.
Brian G. Belski of BMO Capital Markets named Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) as his final trade.
Lending support to his choice, Ulta Beauty, on May 29, reported quarterly earnings of $6.70 per share, which beat the consensus estimate of $5.77 per share Quarterly revenue of $2.85 billion beat the Street estimate of $2.79 billion.
Price Action:
<ul class="wp-block-list">
<li>Gap shares gained 2.6% to close at $21.58 on Thursday.</li>
<li>Disney fell 0.9% to close at $112.53 on Thursday.</li>
<li>iShares Silver Trust gained 3.5% during the session.</li>
<li>Ulta Beauty shares rose 0.3% to settle at $467.04.</li>
</ul>
Check This Out: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45790405/top-2-defensive-stocks-that-are-ticking-portfolio-bombs">Top 2 Defensive Stocks That Are Ticking Portfolio Bombs</a></li>
</ul>
Image: Shutterstock

Long Ideas

Media

GOOG

GOOGL

Gap, Disney, Ulta Beauty And More On CNBC's 'Final Trades'

CNBC Halftime Report Final Trades: GAP, Ulta Beauty, Walt Disney Company, iShares Silver Trust

Barclays analyst Adrienne Yih maintains Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) with a Equal-Weight and raises the price target from $327 to $485.

Barclays Maintains Equal-Weight on Ulta Beauty, Raises Price Target to $485

U.S. stock futures fell on Monday after a mixed close on Friday. Futures of major benchmark indices were trading lower in premarket.
After the Federal appeals court temporarily reinstated Donald Trump&#8216;s tariffs, he accused <a href="https://www.benzinga.com/news/legal/25/05/45683326/trump-tariffs-temporarily-preserved-as-appeals-court-pauses-lower-ruling">China of violating an agreement</a> with the U.S. to ease tariffs in his Truth Social <a href="https://truthsocial.com/@realDonaldTrump/posts/114596705340367716">post</a>. 
However, Trump did not specify the details of this violation. Treasury Secretary Scott Bessent on Sunday clarified that China was withholding critical minerals it agreed to release in a trade deal the country signed with U.S. negotiators last month in Geneva.
Meanwhile, the 10-year Treasury bond yielded 4.44% and the two-year bond was at 3.92%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 98.7% likelihood of the Federal Reserve keeping the current interest rates unchanged in its June meeting.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.48%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.53%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.68%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.58%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell in premarket on Monday. The SPY was down 0.53% at $586.24, while the QQQ declined 0.63% to $515.83, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
Sectoral moves led the U.S. stocks to a mixed close on Friday, with energy, consumer discretionary, and information technology stocks posting the largest declines, while consumer staples and utilities ended higher.
Wall Street ended May on a strong note, with the S&amp;P 500 up 6.2% and the Nasdaq soaring 9.6%, marking their best months since November 2023. The Dow gained 3.9% for the month.
Weekly gains showed the S&amp;P 500 advancing, the Dow up 1.6%, and the tech-heavy Nasdaq rising 2%.
Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) shares dropped over 2% after mixed first-quarter results, while Ulta Beauty Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) surged about 12% on better-than-expected Q1 earnings and raised guidance.
Economic data revealed the University of Michigan consumer sentiment revised up to 52.2 in May from a preliminary 50.8, while the Chicago PMI fell to 40.5 from 44.6 in the prior month.
The Dow Jones index ended 54 points or 0.13% higher at 42,270.07, whereas the S&amp;P 500 index fell 0.0081% to 5,911.69. Nasdaq Composite declined 0.28% to 19,113.77, and the small-cap gauge, Russell 2000, tumbled 0.41% to 2,066.29.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.28%</td>
<td>19,113.77</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.0081%</td>
<td>5,911.69</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.13%</td>
<td>42,270.07</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.41%</td>
<td>2,066.29</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
According to Bob Elliott, the CIO of Unlimited Funds, there was a "consensus" among the market participants that TACO trade or Trump Always Chickens Out' trade is priced in, meaning investors anticipate Trump's tariff retreats, especially now that he is embroiled in the legal battle over the validation of his levied tariffs.
He implied that TACO could pave the way for a "Run It Hot" economic environment, characterized by growth-oriented policies and sustained stimulus, further fueling market optimism.
Elliott's post signaled a widespread belief that Trump&#8217;s possible tariff rollbacks or extensions are not only predictable but also conducive to a pro-growth economic stance.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">TACO and Run It Hot are consensus at this point.
&mdash; Bob Elliott (@BobEUnlimited) <a href="https://twitter.com/BobEUnlimited/status/1929147958139744440?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Meanwhile, head of research at Fundstrat Global Advisors, Tom Lee, stated that a "<a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45715677/tom-lee-bets-on-a-new-bull-market-as-trumps-tariff-retreat-fuels-taco-trade-a">new bull market</a>" has emerged following the spike in the volatility gauge in April. &#8211;
"I think we had what was a miniature bear market, but has essentially rebirthed the new bull market," he <a href="https://www.cnbc.com/2025/05/30/tom-lee-says-the-april-selloff-rebirthed-a-new-bull-market-.html?__source=twitter%7Cpro&amp;taid=6839dcb51dc732000173796f&amp;utm_campaign=trueanthem&amp;utm_content=pro&amp;utm_medium=social&amp;utm_source=twitter">told</a> CNBC as he expects "pretty shallow" dips from here, advising investors to consider small-cap stocks other than the Magnificent 7
"As I look at the second half, I think the small caps really have a strong case to be made, because as long as we move towards a tariff resolution, or the markets feel that way, then I think investors can actually start putting flows back into stocks other than the Mag Seven,&#8221; Lee said.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on this week:
<ul class="wp-block-list">
<li>On Monday, May&#8217;s S&amp;P final U.S. manufacturing PMI will be released by 9:45 a.m. ET.</li>
<li>ISM manufacturing data for May and construction spending data for April will be out by 10:00 a.m. ET.</li>
<li>Dallas Fed President Lorie Logan will speak at 10:15 a.m., Chicago Fed President Austan Goolsbee will speak at 12:45 p.m., and Federal Reserve Chair Jerome Powell will speak at 1:00 p.m. ET.</li>
<li>Auto sales data will also be released on Monday.</li>
<li>On Tuesday, April&#8217;s factory orders and job openings data will be out by 10:00 a.m. ET.</li>
<li>Chicago Fed President Austan Goolsbee will speak at 12:45 p.m., Federal Reserve Governor Lisa Cook will speak at 1:00 p.m., and Dallas Fed President Lorie Logan will speak at 3:30 p.m. ET.</li>
<li>On Wednesday, May&#8217;s ADP employment data will be out by 8:15 a.m. ET.</li>
<li>May&#8217;s S&amp;P final U.S. services PMI will be released at 9:45 a.m., and ISM services data will be out by 10:00 a.m. ET.</li>
<li>Atlanta Fed President Raphael Bostic and Federal Reserve Governor Lisa Cook will speak at the Fed listens event at 10:15 a.m. ET.</li>
<li>Fed Beige Book will be out by 2:00 p.m. ET.</li>
<li>On Thursday, the initial jobless claims data for the week ended May 31, April U.S. trade deficit, and first quarter&#8217;s U.S. productivity data will be out by 8:30 a.m. ET.</li>
<li>Federal Reserve Governor Adriana Kugler will speak at noon, and Philadelphia Fed President Patrick Harker will speak at 1:30 p.m. ET.</li>
<li>On Friday, May&#8217;s U.S. employment report, unemployment rate, and hourly wages data will be released by 8:30 a.m. ET.</li>
<li>April&#8217;s consumer credit data will be announced at 3:00 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>Campbell&#8217;s Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NASDAQ">CPB</a>) rose 2.32% in premarket on Monday as analysts expect it to report quarterly earnings of 66 cents per share on revenue of $2.43 billion, before the opening bell.</li>
<li>Science Applications International Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIC#NASDAQ">SAIC</a>) was up 0.29% ahead of its earnings, which are supposed to be released before the opening bell. Analysts expect earnings of $2.13 per share on revenue of $1.87 billion.</li>
<li>Credo Technology Group Holding Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) declined 1.03% as analysts expect it to report quarterly earnings of 28 cents per share on revenue of $160.16 million, after the closing bell.</li>
<li>Sanofi SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) advanced 0.32% after it announced plans to acquire Blueprint Medicines Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPMC#NASDAQ">BPMC</a>), which jumped 26.78%, for $9.5 billion.</li>
<li>Brand Engagement Network Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNAI#NASDAQ">BNAI</a>) surged 63.73% after its plans to acquire Cataneo GmbH for $19.5 million were extended, with $550,000 paid so far.</li>
<li>Plus Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSTV#NASDAQ">PSTV</a>) gained 37.05% after its cancer drug REYOBIQ extended patient survival to 17 months.</li>
<li>Ryvyl Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVYL#NASDAQ">RVYL</a>) climbed 26.19% after it received an extension from Nasdaq to regain compliance with listing requirements after failing to meet minimum stockholders&#8217; equity criteria last week.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 3.55% to hover around $62.95 per barrel.
Gold Spot US Dollar rose 1.78% to hover around $3,348.94 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was lower by 0.64% at the 98.6940 level.
Asian markets closed lower on Friday except South Korea's Kospi index. Australia's ASX 200, China&#8217;s CSI 300, India's S&amp;P BSE Sensex, Japan's Nikkei 225, and Hong Kong's Hang Seng indices declined. European markets were lower in early trade.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/45715677/tom-lee-bets-on-a-new-bull-market-as-trumps-tariff-retreat-fuels-taco-trade-amid-run-it-hot-optimism">Tom Lee Bets On &#8216;A New Bull Market,&#8217; As Trump&#8217;s Tariff Retreat Fuels &#8216;TACO&#8217; Trade Amid &#8216;Run It Hot&#8217; Optimism </a></li>
</ul>
Photo courtesy: godongphoto / Shutterstock.com

Pre-Market Outlook

BNAI

BPMC

CRDO

DELL

PSTV

RVYL

SAIC

US Stocks Likely To Open Lower After A Solid May: 'TACO' Trade And 'Run It Hot' Optimism 'Are Consensus At This Point,' Says Expert

The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Friday.
U.S. stocks settled mixed on Friday, with the Dow Jones index gaining more than 50 points during the session after President Donald Trump accused China of &#8220;totally&#8221; breaching a tariff agreement, raising new fears over trade disputes.
Wall Street closed on a positive note last month, with the S&amp;P 500 gaining more than 6.2% in May and the Nasdaq jumping 9.6%. Both indices recorded their strongest months since November 2023. The Dow surged 3.9% for the month.
For the week, the S&amp;P 500 climbed, while the 30-stock Dow climbed 1.6%. The tech-laden Nasdaq, meanwhile, surged 2% last week.
Shares of Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) fell more than 2% on Friday after the company reported mixed financial results for the first quarter. Shares of Ulta Beauty Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) jumped around 12% after the company reported better-than-expected first-quarter financial results and raised guidance.
On the economic data front, the University of Michigan consumer sentiment was revised higher to 52.2 in May versus a preliminary reading of 50.8. The Chicago PMI declined to 40.5 in May versus 44.6 in the previous month.
Most sectors on the S&amp;P 500 closed on a negative note, with energy, consumer discretionary and information technology stocks recording the biggest losses on Friday. However, consumer staples and utilities stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed higher by around 54 points to 42,270.07 on Friday. The S&amp;P 500 slipped 0.01% to 5,911.69, while the Nasdaq Composite declined 0.32% to 19,113.77 during Friday's session.
Investors are awaiting earnings results from The Campbell&#8217;s Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NASDAQ">CPB</a>), Science Applications International Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIC#NASDAQ">SAIC</a>) and Credo Technology Group Holding Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 61.5, the index remained in the &#8220;Greed&#8221; zone on Friday, versus a prior reading of 62.4.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/cannabis/25/05/45692676/wall-streets-most-accurate-analysts-spotlight-on-3-utilities-stocks-delivering-high-dividend-yields-8">Wall Street&#8217;s Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields</a> </li>
</ul>
Photo courtesy: Shutterstock

S&P 500 Records Gain For May: Investor Sentiment Declines, But Fear Index Remains In 'Greed' Zone

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol class="wp-block-list">
<li>United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) shares jumped 25.45%. Japan&#8217;s Nippon Steel is set to finalize its acquisition of the company at $55 per share, according to <a href="https://www.benzinga.com//node/45622810" target="_blank" rel="noreferrer noopener">sources familiar with the matter</a>.</li>
<li>Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) shares escalated 19.30% after Jefferies analyst Brent Thill upgraded the company from Hold to Buy and raised <a href="https://www.benzinga.com/quote/u/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast from $22 to $29</a>.</li>
<li>Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) shares rose 18.75% after multiple analysts raised their price forecasts on the stock. The company <a href="https://www.benzinga.com//node/45677373" target="_blank" rel="noreferrer noopener">recently raised its FY26 guidance</a>.</li>
<li>BWX Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWXT#NYSE">BWXT</a>) shares upped 16.71% as President Donald Trump signed a suite of executive orders to <a href="https://www.benzinga.com//node/45654523" target="_blank" rel="noreferrer noopener">revive the U.S. nuclear industry</a>.</li>
<li>Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) shares increased 14.88% after the company reported better-than-expected first-quarter earnings and analysts <a href="https://www.benzinga.com//node/45695903" target="_blank" rel="noreferrer noopener">raised the price forecast on the stock</a>.</li>
<li>Reddit, Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) stock increased 14.27% after it was named among the <a href="https://www.benzinga.com//node/45679678" target="_blank" rel="noreferrer noopener">additions to the Russell 3000 index</a>.</li>
<li>Hologic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLX#NASDAQ">HOLX</a>) stock grew 14.12% after private equity firms TPG and Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) recently bid to acquire the company, <a href="https://www.benzinga.com//node/45629538" target="_blank" rel="noreferrer noopener">valuing it at over $16 billion</a>.</li>
<li>Intuit Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>) stock upped 13.12%, possibly amid overall market strength after President Trump delayed 50% EU tariffs to July.</li>
<li>Heico Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HEI#NYSE">HEI</a>) shares were up 12.19% after the company reported <a href="https://www.benzinga.com//node/45630872" target="_blank" rel="noreferrer noopener">better-than-expected financial results</a>.</li>
<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) stock gained 11.82% last week. It continued upward momentum following <a href="https://www.benzinga.com//node/45543602" target="_blank" rel="noreferrer noopener">strong Q1 earnings</a> and tariff <a href="https://www.benzinga.com//node/45655193" target="_blank" rel="noreferrer noopener">truce tailwinds</a>.</li>
</ol>
Photo via Shutterstock

Large Cap

BWXT

HOLX

INTU

RDDT

VEEV

United States Steel, Applovin And Ulta Beauty Are Among Top Large-Cap Gainers Last Week (May 26-May 30): Are The Others In Your Portfolio?

Press Releases

Ulta Beauty to Report Fourth Quarter and Fiscal 2024 Results on March 13, 2025

Ulta Beauty Announces Fourth Quarter Fiscal 2024 Results

Ulta Beauty to Participate in Upcoming Investor Conference

Ulta Beauty Names Lauren Brindley Chief Merchandising and Digital Officer

Ulta Beauty Teams up with Beyoncé's COWBOY CARTER TOUR to Deliver the Ultimate Concert-Ready Beauty Experience

Ulta Beauty to Report First Quarter Fiscal 2025 Results on May 29, 2025

Ulta Beauty Announces First Quarter Fiscal 2025 Results

Ulta Beauty Announces CFO Transition Process

Ulta Beauty Announces Acquisition of Leading British Beauty Retailer Space NK from Manzanita Capital

Academy Sports and Outdoors, Inc. - Common Stock

Academy Sports

BARK

Build-A-Bear Workshop

Bath & Body Works

Barnes & Noble Education, Inc Common Stock

Barnes & Noble Education

Chewy

Dick's Sporting Goods

Envela

National Vision Holdings, Inc. - Common Stock

National Vision Holdings

Five Below

1-800-FLOWERS.COM, Inc. - Class A Common Stock

1-800-Flowers.com

MarineMax

Leslies

PetMed Express

Pitanium Limited - Class A Ordinary Shares

Pitanium

Sally Beauty Holdings, Inc. (Name to be changed from Sally Holdings, Inc.) Common Stock

Comments

Ulta Beauty

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL