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 $172.55 (represents a 40.74% upside from ELF’s last price of $122.60) 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 $172.55 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $260.00 to $45.00. This represents a potential 40.74% upside from ELF's last price of $122.60.

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
Aug 09, 2024Linda Bolton WeiserD.A. Davidson$223.00$157.5441.55%81.89%
Aug 09, 2024Korinne WolfmeyerPiper Sandler$260.00$158.1864.37%112.07%
Aug 09, 2024Joel BeattyRobert W. Baird$240.00$187.9527.69%95.76%
Jul 22, 2024Mark AstrachanStifel Nicolaus$161.00$177.52-9.31%31.32%
Jul 19, 2024Korinne WolfmeyerPiper Sandler$258.00$177.5245.34%110.44%
Jul 18, 2024Mark AltschwagerRobert W. Baird$230.00$170.7034.74%87.60%
Jun 18, 2024Susan AndersonCanaccord Genuity$250.00$213.7316.97%103.92%
Jun 03, 2024Linda Bolton WeiserD.A. Davidson$220.00$186.9117.70%79.45%
May 28, 2024Bill ChappellTruist Financial$210.00$193.248.67%71.29%
May 23, 2024Korinne WolfmeyerPiper Sandler$210.00$155.6334.94%71.29%
Row per page
Go to

The latest e.l.f. Beauty stock forecast, released on Aug 09, 2024 by Linda Bolton Weiser from D.A. Davidson, set a price target of $223.00, which represents a 41.55% increase from the stock price at the time of the forecast ($157.54), and a 81.89% increase from ELF last price ($122.60).

e.l.f. Beauty Price Target by Period


1M3M12M
# Anlaysts3715
Avg Price Target$241.00$231.71$215.80
Last Closing Price$122.60$122.60$122.60
Upside/Downside96.57%89.00%76.02%

In the current month, the average price target of e.l.f. Beauty stock is $241.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 96.57% increase as opposed to e.l.f. Beauty's last price of $122.60. This month's average price target is up 4.01% compared to last quarter, and up 11.68% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 28, 2024Raymond JamesBuyBuyHold
Aug 26, 2024Sandler O'NeillUnderperformUnderperformHold
Aug 26, 2024UBSBuyBuyHold
Aug 09, 2024OppenheimerPerformPerformHold
Aug 09, 2024Piper SandlerOverweightOverweightHold
Aug 05, 2024Raymond JamesStrong BuyStrong BuyHold
Jul 19, 2024Piper SandlerOverweightOverweightHold
Jul 18, 2024Johnson Rice-OutperformUpgrade
Jul 18, 2024Piper SandlerNeutralNeutralHold
Jul 18, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Row per page
Go to

e.l.f. Beauty's last stock rating was published by Raymond James on Aug 28, 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 27Dec 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Revenue----------------$187.36M$146.54M--$105.14M$98.12M$91.86M$97.05M$92.67M$88.56M$72.35M$64.53M$74.71M$80.76M
Avg Forecast$494.32M$430.24M$373.58M$431.73M$430.70M$377.62M$328.81M$377.00M$378.10M$327.85M$289.65M$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$524.71M$456.70M$396.55M$458.27M$457.19M$400.84M$349.03M$400.18M$401.35M$348.01M$305.21M$325.52M$310.56M$257.67M$208.49M$195.93M$165.74M$129.73M$111.13M$109.12M$94.22M$98.21M$86.79M$82.14M$85.10M$89.64M$70.76M$54.78M$69.18M$79.21M
Low Forecast$471.71M$410.56M$356.49M$411.98M$411.00M$360.35M$313.77M$359.75M$360.80M$312.85M$274.88M$292.64M$279.19M$225.77M$183.94M$176.14M$149.00M$116.63M$99.91M$109.12M$88.22M$91.96M$81.27M$76.91M$79.68M$83.94M$66.26M$51.29M$64.78M$74.17M
# Analysts55855964491155913665551112111099159916
Surprise %----------------1.20%1.20%--1.15%1.03%1.09%1.22%1.12%1.02%1.06%1.22%1.12%1.05%

e.l.f. Beauty's average Quarter revenue forecast for Jul 23 based on 6 analysts is $184.58M, with a low forecast of $176.14M, and a high forecast of $195.93M. ELF's average Quarter revenue forecast represents a -1.48% decrease compared to the company's last Quarter revenue of $187.36M (Mar 23).

e.l.f. Beauty EBITDA Forecast

Mar 27Dec 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts55855964491155913665551112111099159916
EBITDA----------------$14.03M$29.44M--$8.45M$15.79M$13.92M$16.77M$3.61M$11.82M$7.28M$9.41M$6.96M$18.24M
Avg Forecast$74.33M$64.70M$56.18M$64.92M$64.77M$56.78M$49.44M$56.69M$56.86M$49.30M$43.56M$46.11M$32.99M$35.92M$29.64M$27.76M$29.99M$18.38M$12.07M$16.41M$27.26M$6.95M$10.97M$14.38M$1.59M$12.81M$5.60M$19.05M$7.66M$8.03M
High Forecast$78.90M$68.68M$59.63M$68.91M$68.75M$60.28M$52.49M$60.18M$60.35M$52.33M$45.90M$48.95M$39.59M$38.75M$31.35M$29.46M$35.99M$19.51M$14.48M$16.41M$32.72M$8.34M$13.16M$17.25M$1.90M$15.37M$6.72M$22.86M$9.19M$9.63M
Low Forecast$70.93M$61.74M$53.61M$61.95M$61.80M$54.19M$47.18M$54.10M$54.26M$47.05M$41.33M$44.00M$26.39M$33.95M$27.66M$26.49M$23.99M$17.54M$9.65M$16.41M$21.81M$5.56M$8.78M$11.50M$1.27M$10.25M$4.48M$15.24M$6.13M$6.42M
Surprise %----------------0.47%1.60%--0.31%2.27%1.27%1.17%2.27%0.92%1.30%0.49%0.91%2.27%

6 analysts predict ELF's average Quarter EBITDA for Jul 23 to be $27.76M, with a high of $29.46M and a low of $26.49M. This is 97.80% upper than e.l.f. Beauty's previous annual EBITDA (Mar 23) of $14.03M.

e.l.f. Beauty Net Income Forecast

Mar 27Dec 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts55855964491155913665551112111099159916
Net Income----------------$16.25M$19.11M--$1.56M$6.21M$5.72M$8.28M$-24.00K$4.30M$447.00K$1.51M$-341.00K$8.00M
Avg Forecast$77.33M$71.79M$53.15M$79.89M$79.23M$69.74M$40.11M$66.15M$63.36M$52.59M$25.60M$48.61M$1.74M$33.39M$30.74M$33.41M$1.58M$13.61M$4.96M$13.85M$1.44M$2.73M$4.51M$7.09M$-10.56K$4.66M$343.85K$3.06M$-375.10K$3.52M
High Forecast$83.51M$77.53M$57.40M$86.27M$85.56M$75.31M$43.32M$71.44M$68.43M$56.80M$46.29M$52.50M$2.08M$45.28M$36.65M$36.08M$1.89M$14.70M$5.95M$13.85M$1.72M$3.28M$5.41M$8.51M$-8.45K$5.59M$412.61K$3.67M$-300.08K$4.23M
Low Forecast$72.73M$67.52M$49.99M$75.14M$74.52M$65.59M$37.73M$62.22M$59.59M$49.47M$16.34M$45.72M$1.39M$23.21M$22.46M$31.43M$1.26M$12.80M$3.97M$13.85M$1.15M$2.19M$3.61M$5.67M$-12.67K$3.72M$275.08K$2.45M$-450.12K$2.82M
Surprise %----------------10.29%1.40%--1.08%2.27%1.27%1.17%2.27%0.92%1.30%0.49%0.91%2.27%

e.l.f. Beauty's average Quarter net income forecast for Jul 23 is $33.41M, with a range of $31.43M to $36.08M. ELF's average Quarter net income forecast represents a 105.67% increase compared to the company's last Quarter net income of $16.25M (Mar 23).

e.l.f. Beauty SG&A Forecast

Mar 27Dec 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts55855964491155913665551112111099159916
SG&A----------------$121.08M$75.43M--$65.33M$55.38M$50.45M$50.75M$57.83M$50.83M$45.17M$40.33M$47.02M$39.63M
Avg Forecast$278.50M$242.40M$210.48M$243.23M$242.66M$212.75M$185.25M$212.40M$213.02M$184.71M$163.19M$172.77M$72.93M$134.59M$111.05M$103.99M$66.30M$68.86M$43.72M$61.48M$60.27M$24.37M$39.75M$43.50M$25.44M$55.06M$34.75M$29.69M$51.73M$17.44M
High Forecast$295.62M$257.30M$223.42M$258.19M$257.58M$225.83M$196.64M$225.46M$226.12M$196.07M$171.96M$183.40M$87.52M$145.17M$117.46M$110.39M$79.56M$73.09M$52.46M$61.48M$72.33M$29.24M$47.70M$52.20M$30.53M$66.08M$41.70M$30.67M$62.07M$20.93M
Low Forecast$265.76M$231.31M$200.85M$232.11M$231.56M$203.02M$176.78M$202.68M$203.27M$176.26M$154.86M$164.87M$58.34M$127.20M$103.63M$99.24M$53.04M$65.71M$34.98M$61.48M$48.22M$19.50M$31.80M$34.80M$20.36M$44.05M$27.80M$28.72M$41.38M$13.95M
Surprise %----------------1.83%1.10%--1.08%2.27%1.27%1.17%2.27%0.92%1.30%1.36%0.91%2.27%

e.l.f. Beauty's average Quarter SG&A projection for Jul 23 is $103.99M, based on 6 Wall Street analysts, with a range of $99.24M to $110.39M. The forecast indicates a -14.11% fall compared to ELF last annual SG&A of $121.08M (Mar 23).

e.l.f. Beauty EPS Forecast

Mar 27Dec 26Oct 26Jul 26Mar 26Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts55855964491155913665551112111099159916
EPS----------------$0.31$0.36--$0.03$0.12$0.11$0.16-$0.09$0.01$0.03$-0.01$0.16
Avg Forecast$1.32$1.23$0.91$1.37$1.35$1.19$0.69$1.13$1.08$0.90$0.44$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$1.43$1.33$0.98$1.48$1.46$1.29$0.74$1.22$1.17$0.97$0.79$0.90$0.36$0.77$0.63$0.62$0.21$0.25$0.17$0.24$0.07$0.16$0.13$0.15$0.10$0.25$0.13$0.04$0.05$0.16
Low Forecast$1.24$1.15$0.85$1.28$1.27$1.12$0.65$1.06$1.02$0.85$0.28$0.78$0.31$0.40$0.38$0.54$0.18$0.22$0.15$0.24$0.06$0.15$0.12$0.14$0.09$0.23$0.12$0.04$0.05$0.15
Surprise %----------------1.58%1.55%--0.47%0.79%0.88%1.12%-0.38%0.08%0.81%-0.21%1.04%

According to 6 Wall Street analysts, e.l.f. Beauty's projected average Quarter EPS for Jul 23 is $0.57, with a low estimate of $0.54 and a high estimate of $0.62. This represents a 84.28% increase compared to ELF previous annual EPS of $0.31 (Mar 23).

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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GROVGrove Collaborative$1.34$150.0011094.03%Buy
NWLNewell Brands$7.61$16.70119.45%Hold
ELEstée Lauder Companies$87.50$179.47105.11%Hold
SKINBeauty Health Company$1.41$2.5077.30%Buy
ELFe.l.f. Beauty$122.60$172.5540.74%Buy
COTYCoty$8.99$12.6140.27%Buy
IPARInter Parfums$118.65$157.0032.32%Buy
HIMSHims & Hers Health$13.65$15.5013.55%Buy
HNSTHonest Company$4.02$4.255.72%Buy
KMBKimberly-Clark$146.91$144.15-1.88%Hold
KVUEKenvue$22.86$22.00-3.76%Buy
ULUnilever$65.25$59.00-9.58%Buy
CLXClorox Company$164.75$146.67-10.97%Hold
PGProcter & Gamble Company$175.59$156.05-11.13%Buy
CLColgate-Palmolive Company$107.86$90.75-15.86%Buy

ELF Forecast FAQ


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.

e.l.f. Beauty (ELF) average price target is $172.55 with a range of $45 to $260, implying a 40.74% from its last price of $122.6. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for ELF stock, the company can go up by 40.74% (from the last price of $122.6 to the average price target of $172.55), up by 112.07% based on the highest stock price target, and down by -63.30% based on the lowest stock price target.

ELF's highest twelve months analyst stock price target of $260 supports the claim that e.l.f. Beauty can reach $200 in the near future.

3 Wall Street analysts forecast a $241 price target for e.l.f. Beauty (ELF) this month, up 96.57% from its last price of $122.6. Compared to the last 3 and 12 months, the average price target increased by 89.00% and increased by 76.02%, respectively.

e.l.f. Beauty's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $1.51B (high $1.61B, low $1.44B), average EBITDA is $227.69M (high $241.69M, low $217.27M), average net income is $255.23M (high $275.64M, low $240.06M), average SG&A $853.06M (high $905.51M, low $814.03M), and average EPS is $4.36 (high $4.71, low $4.1). ELF's analysts financial forecasts for the fiscal year (Mar 2027) are as follows: average revenue is $1.73B (high $1.84B, low $1.65B), average EBITDA is $260.13M (high $276.12M, low $248.23M), average net income is $282.16M (high $304.72M, low $265.38M), average SG&A $974.6M (high $1.03B, low $930.02M), and average EPS is $4.82 (high $5.21, low $4.54).

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 $76.84M by 15.08%. The company's net income was $61.53M, beating the average estimation of $34M by 80.98%. Apple's SG&A was $322.25M, beating the average forecast of $240.35M by 34.07%. 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 (Mar 2023), e.l.f. Beauty's revenue was $187.36M, beating the average analysts' forecast of $156.14M by 19.99%. The company's EBITDA was $14.03M, missing the average prediction of $29.99M by -53.21%. e.l.f. Beauty's net income was $16.25M, beating the average estimation of $1.58M by 928.85%. The company's SG&A was $121.08M, beating the average forecast of $66.3M by 82.63%. Lastly, the company's EPS was $0.31, beating the average prediction of $0.197 by 57.74%