​

e.l.f. Beauty (ELF) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ELF Stock Forecast

e.l.f. Beauty stock forecast is as follows: an average price target of $170.17 (represents a 32.26% upside from ELF’s last price of $128.66) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

ELF Price Target

The average price target for e.l.f. Beauty (ELF) is $170.17 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $250.00 to $130.00. This represents a potential 32.26% upside from ELF's last price of $128.66.

ELF Analyst Ratings

Buy

According to 13 Wall Street analysts, e.l.f. Beauty's rating consensus is 'Buy'. The analyst rating breakdown for ELF stock is 0 'Strong Buy' (0.00%), 11 'Buy' (84.62%), 2 'Hold' (15.38%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

e.l.f. Beauty Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 07, 2024Linda Bolton WeiserD.A. Davidson$170.00$106.6359.43%32.13%
Nov 07, 2024Korinne WolfmeyerPiper Sandler$165.00$106.6354.74%28.24%
Oct 24, 2024Mark AstrachanStifel Nicolaus$131.00$106.6622.82%1.82%
Oct 21, 2024Joel BeattyRobert W. Baird$175.00$115.4951.53%36.02%
Oct 16, 2024Bill ChappellTruist Financial$130.00$109.9418.25%1.04%
Sep 16, 2024Korinne WolfmeyerPiper Sandler$162.00$116.3839.20%25.91%
Aug 09, 2024Linda Bolton WeiserD.A. Davidson$223.00$157.5441.55%73.33%
Aug 09, 2024Korinne WolfmeyerPiper Sandler$260.00$158.1864.37%102.08%
Aug 09, 2024Joel BeattyRobert W. Baird$240.00$187.9527.69%86.54%
Jul 22, 2024Mark AstrachanStifel Nicolaus$161.00$177.52-9.31%25.14%
Jul 19, 2024Korinne WolfmeyerPiper Sandler$258.00$177.5245.34%100.53%
Jul 18, 2024Mark AltschwagerRobert W. Baird$230.00$170.7034.74%78.77%
Jun 18, 2024Susan AndersonCanaccord Genuity$250.00$213.7316.97%94.31%
Jun 03, 2024Linda Bolton WeiserD.A. Davidson$220.00$186.9117.70%70.99%
May 28, 2024Bill ChappellTruist Financial$210.00$193.248.67%63.22%
May 23, 2024Korinne WolfmeyerPiper Sandler$210.00$155.6334.94%63.22%
May 23, 2024Peter GromUBS$202.00$155.6329.80%57.00%
May 20, 2024Mark AstrachanStifel Nicolaus$151.00$158.45-4.70%17.36%
May 16, 2024Korinne WolfmeyerPiper Sandler$216.00$168.3228.33%67.88%
Apr 09, 2024Korinne WolfmeyerPiper Sandler$228.00$165.6637.63%77.21%
Nov 02, 2023Linda Bolton WeiserD.A. Davidson$178.00$98.0181.61%38.35%
Aug 02, 2023Dara MohsenianMorgan Stanley$162.00$134.8420.15%25.91%
Jun 07, 2023Linda Bolton WeiserD.A. Davidson$124.00$103.7119.56%-3.62%
May 25, 2023Dara MohsenianMorgan Stanley$105.00$102.212.73%-18.39%
Feb 02, 2023Truist Financial$75.00$67.2911.46%-41.71%
Feb 02, 2023Canaccord Genuity$78.00$64.7520.47%-39.38%
Feb 02, 2023J.P. Morgan$70.00$65.277.24%-45.59%
Feb 02, 2023Morgan Stanley$75.00$58.5128.18%-41.71%
Feb 02, 2023Raymond James$75.00$58.5128.18%-41.71%
Feb 02, 2023D.A. Davidson$77.00$58.5131.60%-40.15%
Nov 17, 2022Canaccord Genuity$63.00$52.9219.05%-51.03%
Sep 21, 2022Dara MohsenianMorgan Stanley$46.00$39.8015.58%-64.25%
Sep 14, 2022Anna LizzuBank of America Securities$45.00$39.4913.95%-65.02%
Apr 19, 2022Piper Sandler$29.00$25.6912.88%-77.46%

The latest e.l.f. Beauty stock forecast, released on Nov 07, 2024 by Linda Bolton Weiser from D.A. Davidson, set a price target of $170.00, which represents a 59.43% increase from the stock price at the time of the forecast ($106.63), and a 32.13% increase from ELF last price ($128.66).

e.l.f. Beauty Price Target by Period

1M3M12M
# Anlaysts-520
Avg Price Target-$154.20$199.60
Last Closing Price$128.66$128.66$128.66
Upside/Downside-100.00%19.85%55.14%

In the current month, the average price target of e.l.f. Beauty stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to e.l.f. Beauty's last price of $128.66. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 18, 2024Piper SandlerOverweightOverweightHold
Oct 21, 2024UBSBuyBuyHold
Oct 21, 2024Sandler O'NeillUnderperformUnderperformHold
Oct 21, 2024Piper SandlerOverweightOverweightHold
Sep 30, 2024UBSBuyBuyHold
Sep 16, 2024Piper SandlerOverweightOverweightHold
Sep 12, 2024Cowen & Co.BuyBuyHold
Sep 09, 2024B. RileyOverweightBuyInitialise
Aug 28, 2024Raymond JamesBuyBuyHold
Aug 26, 2024UBSBuyBuyHold
Aug 26, 2024Sandler O'NeillUnderperformUnderperformHold
Aug 09, 2024OppenheimerPerformPerformHold
Aug 09, 2024Piper SandlerOverweightOverweightHold
Aug 05, 2024Raymond JamesStrong BuyStrong BuyHold
Jul 19, 2024Piper SandlerOverweightOverweightHold
Jul 18, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 18, 2024Cowen & Co.BuyBuyHold
Jul 18, 2024CitigroupBuyUpgrade
Jul 18, 2024Piper SandlerNeutralNeutralHold
Jul 18, 2024Johnson RiceOutperformUpgrade
Jun 24, 2024Sandler O'NeilUnderperformUnderperformHold
Jun 24, 2024Sandler O'NeillBuyBuyHold
Jun 24, 2024Piper SandlerOverweightOverweightHold
Jun 18, 2024Canaccord GenuityBuyBuyHold
Jun 03, 2024Sandler O'NeilUnderperformUnderperformHold
May 23, 2024Cowen & Co.BuyBuyHold
May 23, 2024UBSBuyBuyHold
May 23, 2024Bank of America SecuritiesBuyBuyHold
May 16, 2024Sandler O'NeillMarket PerformMarket PerformHold
May 16, 2024Piper SandlerOverweightOverweightHold
Apr 17, 2024Cowen & Co.Market PerformBuyUpgrade
Apr 09, 2024Piper SandlerOverweightOverweightHold
Apr 03, 2024Stifel NicolausMarket PerformMarket PerformHold
Mar 13, 2024Stifel NicolausMarket PerformMarket PerformHold
Mar 13, 2024Raymond JamesUnderperformUnderperformHold
Jan 22, 2024Morgan StanleyOverweightEqual-WeightDowngrade
Aug 02, 2023Morgan StanleyOverweightOverweightHold
Aug 02, 2023Raymond JamesOutperformOutperformHold
May 25, 2023Piper SandlerOverweightOverweightHold
May 25, 2023Cowen & Co.BuyBuyHold
May 25, 2023Morgan StanleyOverweightOverweightHold
May 25, 2023Raymond JamesOutperformOutperformHold
May 25, 2023Credit SuisseBuyBuyHold
Apr 03, 2023Morgan StanleyOverweightOverweightHold
Mar 14, 2023Raymond JamesOutperformOutperformHold
Feb 02, 2023B. RileyOverweightOverweightHold
Feb 02, 2023Canaccord GenuityBuyBuyHold
Feb 02, 2023Morgan StanleyOverweightOverweightHold
Feb 02, 2023Raymond JamesOutperformOutperformHold
Nov 17, 2022Canaccord GenuityBuyInitialise
Nov 03, 2022Raymond JamesBuyBuyHold
Oct 11, 2022Sandler O'NeillBuyUpgrade
Oct 11, 2022Piper SandlerOverweightUpgrade
Sep 22, 2022JefferiesBuyBuyHold
Sep 21, 2022Morgan StanleyOverweightOverweightHold

e.l.f. Beauty's last stock rating was published by Piper Sandler on Nov 18, 2024. The company gave ELF a "Overweight" rating, the same as its previous rate.

e.l.f. Beauty Financial Forecast

e.l.f. Beauty Revenue Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19
Revenue--------------$215.51M$216.34M$187.36M$146.54M--$105.14M$98.12M--$92.67M$88.56M--$74.71M$80.76M
Avg Forecast$479.16M$416.95M$385.16M$420.88M$433.99M$378.71M$351.70M$379.28M$381.18M$329.04M$289.43M$306.66M$292.57M$238.89M$197.10M$184.58M$156.14M$122.22M$104.70M$109.12M$91.22M$95.08M$84.03M$79.52M$82.39M$86.79M$68.51M$53.03M$66.98M$76.69M
High Forecast$496.24M$431.82M$398.90M$435.89M$449.47M$392.21M$364.25M$392.80M$393.57M$333.06M$289.51M$307.66M$292.89M$257.67M$208.49M$191.17M$161.71M$126.58M$104.70M$109.12M$91.22M$95.08M$84.03M$79.52M$82.39M$86.79M$68.51M$53.03M$66.98M$76.69M
Low Forecast$465.72M$405.25M$374.36M$409.08M$421.82M$368.08M$341.84M$368.64M$369.55M$321.99M$289.36M$305.67M$292.26M$225.77M$183.94M$179.41M$151.76M$118.79M$104.70M$109.12M$91.22M$95.08M$84.03M$79.52M$82.39M$86.79M$68.51M$53.03M$66.98M$76.69M
# Analysts66612111098131377491366555561211910169108
Surprise %--------------1.09%1.17%1.20%1.20%--1.15%1.03%--1.12%1.02%--1.12%1.05%

e.l.f. Beauty's average Quarter revenue forecast for Dec 23 based on 9 analysts is $238.89M, with a low forecast of $225.77M, and a high forecast of $257.67M. ELF's average Quarter revenue forecast represents a 10.85% increase compared to the company's last Quarter revenue of $215.51M (Sep 23).

e.l.f. Beauty EBITDA Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19
# Analysts66612111098131377491366555561211910169108
EBITDA--------------$46.85M$60.63M$14.03M$29.44M--$8.45M$15.79M--$3.61M$11.82M--$6.96M$18.24M
Avg Forecast$73.60M$64.04M$59.16M$64.65M$66.66M$58.17M$54.02M$58.26M$58.55M$50.54M$44.46M$47.10M$32.99M$36.69M$30.28M$28.35M$29.99M$7.64M$15.74M$16.41M$27.26M$14.30M$12.64M$11.96M$1.59M$13.05M$10.30M$7.97M$7.66M$11.53M
High Forecast$76.22M$66.33M$61.27M$66.95M$69.04M$60.25M$55.95M$60.34M$60.45M$51.16M$44.47M$47.26M$39.59M$39.58M$32.02M$29.36M$35.99M$9.17M$15.74M$16.41M$32.72M$14.30M$12.64M$11.96M$1.90M$13.05M$10.30M$7.97M$9.19M$11.53M
Low Forecast$71.54M$62.25M$57.50M$62.84M$64.79M$56.54M$52.51M$56.62M$56.76M$49.46M$44.45M$46.95M$26.39M$34.68M$28.25M$27.56M$23.99M$6.12M$15.74M$16.41M$21.81M$14.30M$12.64M$11.96M$1.27M$13.05M$10.30M$7.97M$6.13M$11.53M
Surprise %--------------1.55%2.14%0.47%3.85%--0.31%1.10%--2.27%0.91%--0.91%1.58%

9 analysts predict ELF's average Quarter EBITDA for Dec 23 to be $36.69M, with a high of $39.58M and a low of $34.68M. This is -21.68% lower than e.l.f. Beauty's previous annual EBITDA (Sep 23) of $46.85M.

e.l.f. Beauty Net Income Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19
# Analysts66612111098131377491366555561211910169108
Net Income--------------$33.27M$52.98M$16.25M$19.11M--$1.56M$6.21M--$-24.00K$4.30M--$-341.00K$8.00M
Avg Forecast$75.75M$64.15M$63.58M$77.44M$71.39M$61.14M$55.25M$66.48M$56.60M$44.76M$24.89M$48.61M$1.74M$33.39M$30.74M$33.41M$1.58M$3.01M$9.31M$13.85M$1.44M$8.92M$7.28M$8.34M$-10.56K$13.95M$7.35M$2.16M$-375.10K$9.01M
High Forecast$79.26M$67.12M$66.53M$81.03M$74.70M$63.97M$57.82M$69.56M$66.99M$63.01M$25.23M$48.61M$2.08M$45.28M$36.65M$34.96M$1.89M$3.61M$9.31M$13.85M$1.72M$8.92M$7.28M$8.34M$-8.45K$13.95M$7.35M$2.16M$-300.08K$9.01M
Low Forecast$72.99M$61.81M$61.26M$74.62M$68.79M$58.91M$53.24M$64.05M$47.93M$38.87M$24.56M$48.60M$1.39M$23.20M$22.46M$32.19M$1.26M$2.41M$9.31M$13.85M$1.15M$8.92M$7.28M$8.34M$-12.67K$13.95M$7.35M$2.16M$-450.12K$9.01M
Surprise %--------------1.08%1.59%10.29%6.35%--1.08%0.70%--2.27%0.31%--0.91%0.89%

e.l.f. Beauty's average Quarter net income forecast for Dec 23 is $33.39M, with a range of $23.20M to $45.28M. ELF's average Quarter net income forecast represents a 0.36% increase compared to the company's last Quarter net income of $33.27M (Sep 23).

e.l.f. Beauty SG&A Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19
# Analysts66612111098131377491366555561211910169108
SG&A--------------$112.19M$91.94M$121.08M$75.43M--$65.33M$55.38M--$57.83M$50.83M--$47.02M$39.63M
Avg Forecast$273.08M$237.62M$219.51M$239.86M$247.34M$215.83M$200.44M$216.15M$217.24M$187.52M$164.95M$174.77M$72.93M$136.14M$112.33M$105.20M$66.30M$26.81M$58.99M$61.48M$60.27M$53.57M$47.34M$44.80M$25.44M$48.89M$38.60M$29.88M$51.73M$43.21M
High Forecast$282.81M$246.10M$227.34M$248.42M$256.16M$223.52M$207.59M$223.86M$224.30M$189.81M$164.99M$175.34M$87.52M$146.85M$118.82M$108.95M$79.56M$32.17M$58.99M$61.48M$72.33M$53.57M$47.34M$44.80M$30.53M$48.89M$38.60M$29.88M$62.07M$43.21M
Low Forecast$265.42M$230.96M$213.35M$233.14M$240.40M$209.77M$194.82M$210.09M$210.61M$183.51M$164.91M$174.20M$58.34M$128.67M$104.83M$102.25M$53.04M$21.44M$58.99M$61.48M$48.22M$53.57M$47.34M$44.80M$20.36M$48.89M$38.60M$29.88M$41.38M$43.21M
Surprise %--------------1.00%0.87%1.83%2.81%--1.08%1.03%--2.27%1.04%--0.91%0.92%

e.l.f. Beauty's average Quarter SG&A projection for Dec 23 is $136.14M, based on 9 Wall Street analysts, with a range of $128.67M to $146.85M. The forecast indicates a 21.36% rise compared to ELF last annual SG&A of $112.19M (Sep 23).

e.l.f. Beauty EPS Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19
# Analysts66612111098131377491366555561211910169108
EPS--------------$0.61$0.98$0.31$0.36--$0.03$0.12---$0.09--$-0.01$0.16
Avg Forecast$1.30$1.10$1.09$1.32$1.22$1.05$0.94$1.14$0.97$0.77$0.43$0.83$0.33$0.57$0.53$0.57$0.20$0.23$0.16$0.24$0.06$0.15$0.12$0.14$0.09$0.24$0.13$0.04$0.05$0.15
High Forecast$1.36$1.15$1.14$1.39$1.28$1.09$0.99$1.19$1.15$1.08$0.43$0.83$0.34$0.77$0.63$0.60$0.21$0.24$0.16$0.24$0.06$0.15$0.12$0.14$0.09$0.24$0.13$0.04$0.05$0.15
Low Forecast$1.25$1.06$1.05$1.28$1.18$1.01$0.91$1.10$0.82$0.66$0.42$0.83$0.32$0.40$0.38$0.55$0.19$0.22$0.16$0.24$0.06$0.15$0.12$0.14$0.09$0.24$0.13$0.04$0.05$0.15
Surprise %--------------1.16%1.72%1.58%1.55%--0.47%0.79%---0.38%---0.21%1.04%

According to 9 Wall Street analysts, e.l.f. Beauty's projected average Quarter EPS for Dec 23 is $0.57, with a low estimate of $0.40 and a high estimate of $0.77. This represents a -6.40% decrease compared to ELF previous annual EPS of $0.61 (Sep 23).

e.l.f. Beauty Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GROVGrove Collaborative$1.39$150.0010691.37%Buy
COTYCoty$7.32$12.5070.77%Buy
ELEstée Lauder Companies$78.18$112.8344.32%Hold
ELFe.l.f. Beauty$134.89$170.1726.15%Buy
IPARInter Parfums$133.41$163.5022.55%Buy
ULUnilever$59.30$71.0019.73%Buy
KMBKimberly-Clark$131.14$155.6718.71%Hold
CLColgate-Palmolive Company$93.49$108.6716.24%Buy
KVUEKenvue$22.04$24.7512.30%Buy
NWLNewell Brands$10.50$11.7011.43%Buy
PGProcter & Gamble Company$170.33$173.922.11%Buy
HNSTHonest Company$7.09$7.00-1.27%Buy
CLXClorox Company$163.32$147.00-9.99%Buy
HIMSHims & Hers Health$31.12$24.67-20.73%Buy
SKINBeauty Health Company$1.61$1.00-37.89%Buy

ELF Forecast FAQ

Is e.l.f. Beauty a good buy?

Yes, according to 13 Wall Street analysts, e.l.f. Beauty (ELF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 84.62% of ELF's total ratings.

What is ELF's price target?

e.l.f. Beauty (ELF) average price target is $170.17 with a range of $130 to $250, implying a 32.26% from its last price of $128.66. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will e.l.f. Beauty stock go up soon?

According to Wall Street analysts' prediction for ELF stock, the company can go up by 32.26% (from the last price of $128.66 to the average price target of $170.17), up by 94.31% based on the highest stock price target, and up by 1.04% based on the lowest stock price target.

Can e.l.f. Beauty stock reach $200?

ELF's highest twelve months analyst stock price target of $250 supports the claim that e.l.f. Beauty can reach $200 in the near future.

What are e.l.f. Beauty's analysts' financial forecasts?

e.l.f. Beauty's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $1.54B (high $1.6B, low $1.5B), average EBITDA is $237.11M (high $245.57M, low $230.46M), average net income is $254.27M (high $266.05M, low $244.99M), average SG&A $879.75M (high $911.13M, low $855.08M), and average EPS is $4.35 (high $4.55, low $4.19). ELF's analysts financial forecasts for the fiscal year (Mar 2027) are as follows: average revenue is $1.7B (high $1.76B, low $1.65B), average EBITDA is $261.46M (high $270.78M, low $254.12M), average net income is $280.92M (high $293.94M, low $270.67M), average SG&A $970.07M (high $1B, low $942.86M), and average EPS is $4.8 (high $5.03, low $4.63).

Did the ELF's actual financial results beat the analysts' financial forecasts?

Based on e.l.f. Beauty's last annual report (Mar 2023), the company's revenue was $578.84M, beating the average analysts forecast of $492.17M by 17.61%. Apple's EBITDA was $88.43M, beating the average prediction of $69.78M by 26.72%. The company's net income was $61.53M, beating the average estimation of $27.74M by 121.80%. Apple's SG&A was $322.25M, beating the average forecast of $213.57M by 50.89%. Lastly, the company's EPS was $1.17, beating the average prediction of $0.825 by 41.79%. In terms of the last quarterly report (Sep 2023), e.l.f. Beauty's revenue was $215.51M, beating the average analysts' forecast of $197.1M by 9.34%. The company's EBITDA was $46.85M, beating the average prediction of $30.28M by 54.76%. e.l.f. Beauty's net income was $33.27M, beating the average estimation of $30.74M by 8.25%. The company's SG&A was $112.19M, missing the average forecast of $112.33M by -0.13%. Lastly, the company's EPS was $0.61, beating the average prediction of $0.526 by 16.07%