e.l.f. Beauty (ELF) Stock Forecast, Price Target & Predictions
ELF Stock Forecast
e.l.f. Beauty stock forecast is as follows: an average price target of $143.18 (represents a 16.91% upside from ELF’s last price of $122.47) 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 $143.18 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 $45.00. This represents a potential 16.91% upside from ELF's last price of $122.47.
ELF Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 07, 2024 | Linda Bolton Weiser | D.A. Davidson | - | - | 59.43% | 38.81% |
| Nov 07, 2024 | Korinne Wolfmeyer | Piper Sandler | - | - | 54.74% | 34.73% |
| Oct 24, 2024 | Mark Astrachan | Stifel Nicolaus | - | - | 22.82% | 6.96% |
| Oct 21, 2024 | Joel Beatty | Robert W. Baird | - | - | 51.53% | 42.89% |
| Oct 16, 2024 | Bill Chappell | Truist Financial | - | - | 18.25% | 6.15% |
| Sep 16, 2024 | Korinne Wolfmeyer | Piper Sandler | - | - | 39.20% | 32.28% |
| Aug 09, 2024 | Linda Bolton Weiser | D.A. Davidson | - | - | 41.55% | 82.09% |
| Aug 09, 2024 | Korinne Wolfmeyer | Piper Sandler | - | - | 64.37% | 112.30% |
| Aug 09, 2024 | Joel Beatty | Robert W. Baird | - | - | 27.69% | 95.97% |
| Jul 22, 2024 | Mark Astrachan | Stifel Nicolaus | - | - | -9.31% | 31.46% |
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 38.81% increase from ELF last price ($122.47).
e.l.f. Beauty Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 6 | 20 |
| Avg Price Target | $155.33 | $155.50 | $199.60 |
| Last Closing Price | $122.47 | $122.47 | $122.47 |
| Upside/Downside | 26.83% | 26.97% | 62.98% |
In the current month, the average price target of e.l.f. Beauty stock is $155.33, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 26.83% increase as opposed to e.l.f. Beauty's last price of $122.47. This month's average price target is down -0.11% compared to last quarter, and down -22.18% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 21, 2024 | UBS | Buy | Buy | Hold |
| Oct 21, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
| Oct 21, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Sep 30, 2024 | UBS | Buy | Buy | Hold |
| Sep 16, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Sep 12, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Sep 09, 2024 | B. Riley | Overweight | Buy | Initialise |
| Aug 28, 2024 | Raymond James | Buy | Buy | Hold |
| Aug 26, 2024 | UBS | Buy | Buy | Hold |
| Aug 26, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
e.l.f. Beauty's last stock rating was published by UBS on Oct 21, 2024. The company gave ELF a "Buy" rating, the same as its previous rate.
e.l.f. Beauty Financial Forecast
e.l.f. Beauty Revenue Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 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 | $434.70M | $377.52M | $348.16M | $377.45M | $380.21M | $328.24M | $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 | $493.25M | $429.21M | $396.49M | $433.26M | $447.49M | $388.62M | $358.40M | $388.55M | $392.56M | $332.26M | $289.51M | $307.66M | $292.89M | $257.67M | $208.49M | $190.01M | $160.73M | $125.81M | $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 | $466.92M | $406.30M | $375.33M | $410.14M | $423.61M | $367.88M | $339.27M | $367.82M | $368.60M | $321.22M | $289.36M | $305.67M | $292.26M | $225.77M | $183.94M | $179.87M | $152.15M | $119.10M | $104.70M | $109.12M | $91.22M | $95.08M | $84.03M | $79.52M | $82.39M | $86.79M | $68.51M | $53.03M | $66.98M | $76.69M |
| # Analysts | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 12 | 12 | 6 | 7 | 4 | 9 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 9 | 10 | 16 | 9 | 10 | 8 |
| 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 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 12 | 12 | 6 | 7 | 4 | 9 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 9 | 10 | 16 | 9 | 10 | 8 |
| 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 | $66.77M | $57.99M | $53.48M | $57.98M | $58.40M | $50.42M | $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 | $75.76M | $65.93M | $60.90M | $66.55M | $68.74M | $59.69M | $55.05M | $59.68M | $60.30M | $51.04M | $44.47M | $47.26M | $39.59M | $39.58M | $32.02M | $29.19M | $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 | $71.72M | $62.41M | $57.65M | $63.00M | $65.07M | $56.51M | $52.11M | $56.50M | $56.62M | $49.34M | $44.45M | $46.95M | $26.39M | $34.68M | $28.25M | $27.63M | $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 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 12 | 12 | 6 | 7 | 4 | 9 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 9 | 10 | 16 | 9 | 10 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $33.27M | $52.98M | $16.25M | $19.11M | - | - | $1.56M | $6.21M | - | - | $-24.00K | $4.30M | - | - | $-341.00K | $8.00M |
| Avg Forecast | $75.84M | $64.22M | $63.66M | $77.53M | $71.94M | $61.44M | $54.32M | $65.70M | $56.51M | $44.42M | $24.92M | $48.66M | $1.74M | $33.43M | $30.77M | $33.45M | $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 | $78.74M | $66.68M | $66.09M | $80.50M | $74.69M | $63.79M | $56.40M | $68.21M | $66.89M | $62.53M | $25.26M | $48.67M | $2.08M | $45.33M | $36.69M | $34.73M | $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 | $73.32M | $62.09M | $61.54M | $74.96M | $69.55M | $59.40M | $52.52M | $63.52M | $47.86M | $38.57M | $24.59M | $48.66M | $1.39M | $23.23M | $22.49M | $32.34M | $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% | 1.58% | 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 $33.43M, with a range of $23.23M to $45.33M. ELF's average Quarter net income forecast represents a 0.48% increase compared to the company's last Quarter net income of $33.27M (Sep 23).
e.l.f. Beauty SG&A Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 12 | 12 | 6 | 7 | 4 | 9 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 9 | 10 | 16 | 9 | 10 | 8 |
| 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 | $247.74M | $215.15M | $198.42M | $215.11M | $216.68M | $187.07M | $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 | $281.11M | $244.61M | $225.96M | $246.92M | $255.03M | $221.48M | $204.25M | $221.44M | $223.73M | $189.36M | $164.99M | $175.34M | $87.52M | $146.85M | $118.82M | $108.29M | $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 | $266.10M | $231.56M | $213.90M | $233.74M | $241.42M | $209.66M | $193.35M | $209.62M | $210.07M | $183.06M | $164.91M | $174.20M | $58.34M | $128.67M | $104.83M | $102.51M | $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 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | Jul 21 | Mar 21 | Dec 20 | Oct 20 | Jul 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 12 | 12 | 6 | 7 | 4 | 9 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 9 | 10 | 16 | 9 | 10 | 8 |
| 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 | $1.23 | $1.05 | $0.93 | $1.12 | $0.97 | $0.76 | $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 | $1.34 | $1.14 | $1.13 | $1.37 | $1.28 | $1.09 | $0.96 | $1.16 | $1.14 | $1.07 | $0.43 | $0.83 | $0.34 | $0.77 | $0.63 | $0.59 | $0.20 | $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 | $1.19 | $1.01 | $0.90 | $1.08 | $0.82 | $0.66 | $0.42 | $0.83 | $0.32 | $0.40 | $0.38 | $0.55 | $0.19 | $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 |
| 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GROV | Grove Collaborative | - | - | 11094.03% | Buy |
| EL | Estée Lauder Companies | - | - | 152.09% | Hold |
| NWL | Newell Brands | - | - | 80.54% | Hold |
| SKIN | Beauty Health Company | - | - | 79.86% | Buy |
| COTY | Coty | - | - | 71.77% | Buy |
| IPAR | Inter Parfums | - | - | 25.13% | Buy |
| ELF | e.l.f. Beauty | - | - | 16.91% | Buy |
| KMB | Kimberly-Clark | - | - | 5.55% | Hold |
| UL | Unilever | - | - | 2.38% | Buy |
| CL | Colgate-Palmolive Company | - | - | -0.64% | Buy |
| KVUE | Kenvue | - | - | -4.52% | Hold |
| PG | Procter & Gamble Company | - | - | -7.33% | Buy |
| HIMS | Hims & Hers Health | - | - | -10.56% | Buy |
| CLX | Clorox Company | - | - | -12.05% | Buy |
| HNST | Honest Company | - | - | -27.06% | Buy |