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 16.44% upside from ELF’s last price of $122.96) 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 16.44% upside from ELF's last price of $122.96.
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 | $170.00 | $106.63 | 59.43% | 38.26% |
| Nov 07, 2024 | Korinne Wolfmeyer | Piper Sandler | $165.00 | $106.63 | 54.74% | 34.19% |
| Oct 24, 2024 | Mark Astrachan | Stifel Nicolaus | $131.00 | $106.66 | 22.82% | 6.54% |
| Oct 21, 2024 | Joel Beatty | Robert W. Baird | $175.00 | $115.49 | 51.53% | 42.32% |
| Oct 16, 2024 | Bill Chappell | Truist Financial | $130.00 | $109.94 | 18.25% | 5.73% |
| Sep 16, 2024 | Korinne Wolfmeyer | Piper Sandler | $162.00 | $116.38 | 39.20% | 31.75% |
| Aug 09, 2024 | Linda Bolton Weiser | D.A. Davidson | $223.00 | $157.54 | 41.55% | 81.36% |
| Aug 09, 2024 | Korinne Wolfmeyer | Piper Sandler | $260.00 | $158.18 | 64.37% | 111.45% |
| Aug 09, 2024 | Joel Beatty | Robert W. Baird | $240.00 | $187.95 | 27.69% | 95.19% |
| Jul 22, 2024 | Mark Astrachan | Stifel Nicolaus | $161.00 | $177.52 | -9.31% | 30.94% |
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 38.26% increase from ELF last price ($122.96).
e.l.f. Beauty Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 5 | 6 | 20 |
| Avg Price Target | $154.20 | $155.50 | $199.60 |
| Last Closing Price | $122.96 | $122.96 | $122.96 |
| Upside/Downside | 25.41% | 26.46% | 62.33% |
In the current month, the average price target of e.l.f. Beauty stock is $154.20, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 25.41% increase as opposed to e.l.f. Beauty's last price of $122.96. This month's average price target is down -0.84% compared to last quarter, and down -22.75% 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 | $377.51M | $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 | $494.89M | $430.64M | $397.81M | $434.71M | $448.98M | $389.91M | $359.60M | $389.85M | $397.95M | $331.71M | $289.51M | $307.66M | $292.89M | $257.67M | $208.49M | $190.65M | $161.27M | $126.23M | $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 | $466.43M | $405.88M | $374.93M | $409.70M | $423.15M | $367.49M | $338.91M | $367.43M | $367.68M | $320.69M | $289.36M | $305.67M | $292.26M | $225.77M | $183.94M | $179.68M | $151.99M | $118.97M | $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 | $76.02M | $66.15M | $61.11M | $66.77M | $68.96M | $59.89M | $55.24M | $59.88M | $61.13M | $50.95M | $44.47M | $47.26M | $39.59M | $39.58M | $32.02M | $29.28M | $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 | $71.65M | $62.34M | $57.59M | $62.93M | $65.00M | $56.45M | $52.06M | $56.44M | $56.48M | $49.26M | $44.45M | $46.95M | $26.39M | $34.68M | $28.25M | $27.60M | $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 | $44.40M | $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 | $79.08M | $66.96M | $66.38M | $80.84M | $75.01M | $64.07M | $56.64M | $68.50M | $64.96M | $56.56M | $25.26M | $48.67M | $2.08M | $45.33M | $36.69M | $34.88M | $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 | $73.22M | $62.00M | $61.46M | $74.86M | $69.45M | $59.32M | $52.45M | $63.43M | $48.59M | $34.89M | $24.59M | $48.66M | $1.39M | $23.23M | $22.49M | $32.29M | $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 | $216.69M | $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 | $282.04M | $245.43M | $226.72M | $247.74M | $255.88M | $222.21M | $204.94M | $222.18M | $226.79M | $189.05M | $164.99M | $175.34M | $87.52M | $146.85M | $118.82M | $108.65M | $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 | $265.82M | $231.31M | $213.68M | $233.49M | $241.16M | $209.43M | $193.15M | $209.40M | $209.54M | $182.76M | $164.91M | $174.20M | $58.34M | $128.67M | $104.83M | $102.40M | $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 | $1.35 | $1.14 | $1.13 | $1.38 | $1.28 | $1.09 | $0.97 | $1.17 | $1.11 | $0.97 | $0.43 | $0.83 | $0.34 | $0.77 | $0.63 | $0.60 | $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 | $0.83 | $0.60 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GROV | Grove Collaborative | $1.34 | $150.00 | 11094.03% | Buy |
| EL | Estée Lauder Companies | $62.86 | $168.50 | 168.06% | Hold |
| NWL | Newell Brands | $9.08 | $16.14 | 77.75% | Hold |
| COTY | Coty | $7.38 | $12.35 | 67.34% | Buy |
| SKIN | Beauty Health Company | $1.85 | $2.50 | 35.14% | Buy |
| IPAR | Inter Parfums | $128.20 | $163.50 | 27.54% | Buy |
| ELF | e.l.f. Beauty | $122.96 | $143.18 | 16.44% | Buy |
| KMB | Kimberly-Clark | $132.19 | $144.64 | 9.42% | Hold |
| CL | Colgate-Palmolive Company | $91.07 | $93.65 | 2.83% | Buy |
| UL | Unilever | $57.38 | $59.00 | 2.82% | Buy |
| KVUE | Kenvue | $23.14 | $23.00 | -0.61% | Hold |
| PG | Procter & Gamble Company | $166.58 | $160.09 | -3.90% | Buy |
| HNST | Honest Company | $6.01 | $5.58 | -7.15% | Buy |
| CLX | Clorox Company | $165.36 | $148.77 | -10.03% | Buy |
| HIMS | Hims & Hers Health | $27.60 | $21.60 | -21.74% | Buy |