Sally Beauty Holdings, Inc. (NYSE:SBH) has seen its stock price increase by more than 53% over the last six months. Wall Street analysts continue to express optimism about the stock ahead of its fiscal first-quarter 2026 earnings report, scheduled for release on January 29, 2026.
On December 10, Oliver Chen of TD Cowen reaffirmed a Buy rating on the stock, setting a price target of $17. Earlier, on December 5, Canaccord Genuity analyst Susan Anderson also maintained a Buy rating, though no specific price target was disclosed. Analysts at Canaccord Genuity highlighted their approval of the company's strategic initiatives and its market position.
The firm pointed to the Sally Ignited initiative, which focuses on modernizing the brand through store remodels and a curated product selection. According to the firm, this initiative has shown early signs of success and is anticipated to expand significantly in the coming years.
Additionally, the firm noted its positive view of the company's investments in digital capabilities. It mentioned the Licensed Colorist on Demand tool as a key factor in driving customer engagement.
Looking forward, Wall Street expects Sally Beauty Holdings to report revenue of $939.63 million and a GAAP EPS of $0.46. Management, in its most recent earnings release, projected fiscal Q1 2026 net sales to be between $935 million and $945 million, with adjusted EPS ranging from $0.43 to $0.47.
Sally Beauty Holdings, Inc. is an international specialty retailer that operates in two segments: Beauty Systems Group (BSG) and Sally Beauty Supply.