The elf Beauty Inc (ELF) share price is expected to increase by 62.32% over the next year. This is based on calculating the average 12-month share price estimate provided by 12 stock analysts who have covered ELF. Price targets range from $130 at the low end to $250 at the high end. The current analyst consensus for ELF is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
elf Beauty Inc has a total of 12 Wall St Analyst ratings. There are 7 buy ratings, 5 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that elf Beauty Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of ELF.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Ashley Helgans Jefferies | Buy | $175 | Maintains | Oct 30, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $223 | Maintains | Oct 29, 2024 |
Mark Astrachan Stifel | Hold | $131 | Maintains | Oct 24, 2024 |
Joel Beatty Baird | Outperform | $175 | Maintains | Oct 21, 2024 |
Bill Chappell Truist Securities | Buy | $130 | Maintains | Oct 16, 2024 |
Anna Lizzul B of A Securities | Buy | $165 | Maintains | Oct 15, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $223 | Maintains | Oct 15, 2024 |
Andrea Teixeira JP Morgan | Overweight | $167 | Maintains | Oct 11, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $223 | Maintains | Oct 1, 2024 |
Dara Mohsenian Morgan Stanley | Equal-Weight | $139 | Maintains | Sep 30, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $223 | Maintains | Sep 18, 2024 |
Korinne Wolfmeyer Piper Sandler | Overweight | $162 | Maintains | Sep 16, 2024 |
Oliver Chen TD Cowen | Buy | $150 | Maintains | Sep 12, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $223 | Maintains | Sep 11, 2024 |
Anna Glaessgen B. Riley Securities | Buy | $175 | Initiates | Sep 10, 2024 |
Anna Lizzul B of A Securities | Buy | $190 | Maintains | Sep 9, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $223 | Maintains | Sep 3, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $223 | Maintains | Aug 29, 2024 |
Korinne Wolfmeyer Piper Sandler | Overweight | $260 | Maintains | Aug 26, 2024 |
Andrea Teixeira JP Morgan | Overweight | $207 | Maintains | Aug 9, 2024 |
When did it IPO
2016
Staff Count
475
Country
United States
Sector/Industry
Consumer Defensive/Household & Personal Products
CEO
Mr. Tarang P. Amin
Market Cap
$5.87B
In 2023, ELF generated $578.8M in revenue, which was a increase of 47.61% from the previous year. This can be seen as a signal that ELF's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - E.l.f. Beauty reported a 40% sales increase in Q2 and has raised its full-year earnings and sales guidance.
Why It Matters - E.l.f. Beauty's 40% sales growth and raised guidance signal strong market demand and potential for increased profitability, likely boosting investor confidence and stock performance.
Summary - Elf Beauty is expected to report nearly 33% revenue growth for Q2, outperforming the industry due to its competitive pricing in cosmetics.
Why It Matters - Elf Beauty's strong revenue growth indicates robust brand performance and market share gain, highlighting resilience in a weak industry, which may boost investor confidence and stock value.
Summary - Elf Beauty raised its annual sales and profit forecasts, citing strong demand for affordable cosmetics, resulting in an 18% share price increase in after-hours trading.
Why It Matters - Elf Beauty's revised forecasts signal strong demand and effective strategies, boosting investor confidence and driving share prices up, indicating potential for future growth and profitability.
Summary - e.l.f. Beauty, Inc. (NYSE:ELF) will hold its Q2 2025 Earnings Conference Call on November 6, 2024, at 4:30 PM ET, featuring key company executives and analysts from major firms.
Why It Matters - The Q2 earnings call for e.l.f. Beauty provides insights into the company's financial performance and strategic direction, influencing investor sentiment and stock valuation.
Summary - e.l.f. Beauty (NYSE: ELF) reported 40% net sales growth for Q2 2024, with a 195 basis point market share gain in the U.S. and 91% growth internationally, marking 23 consecutive quarters of growth.
Why It Matters - e.l.f. Beauty's 40% net sales growth and market share gains indicate strong performance and competitiveness, enhancing investor confidence in the company's future profitability and market position.
Summary - E.l.f. Beauty (ELF) reported Q3 earnings of $0.77 per share, surpassing the Zacks estimate of $0.45, but down from $0.82 per share in the same quarter last year.
Why It Matters - E.l.f. Beauty's earnings beat estimates, signaling strong performance, but a year-over-year decline raises concerns about growth sustainability, affecting investor sentiment and stock valuation.