EL Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for EL stock have an average target of 150.39, with a low estimate of 108 and a high estimate of 225. The average target predicts an increase of 51.63% from the current stock price of 99.18.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$108	$150.39	$140	$225
Change	+8.89%	+51.63%	+41.16%	+126.86%

Analyst Ratings

The average analyst rating for EL stock from 25 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	7	7	8	7	7	6
Buy	4	4	4	3	3	3
Hold	15	15	14	16	15	16
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	26	26	26	26	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Olivia Tong Raymond James	Raymond James	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Jul 22, 2024
Lauren Lieberman Barclays	Barclays	Hold Maintains $136 → $117	Hold	Maintains	$136 → $117	+17.97%	Jul 19, 2024
Jason English Goldman Sachs	Goldman Sachs	Hold Maintains $130 → $115	Hold	Maintains	$130 → $115	+15.95%	Jul 17, 2024
Linda Bolton Weiser DA Davidson	DA Davidson	Strong Buy Maintains $191	Strong Buy	Maintains	$191	+92.58%	Jul 15, 2024
Dana Telsey Telsey Advisory Group	Telsey Advisory Group	Hold Maintains $142 → $115	Hold	Maintains	$142 → $115	+15.95%	Jul 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

16.07B

from 15.91B

0.98%

from 15.91B

Revenue Next Year

17.24B

from 16.07B

7.29%

from 16.07B

EPS This Year

2.30

from 2.79

-17.45%

from 2.79

EPS Next Year

4.29

from 2.30

86.37%

from 2.30

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
Revenue	14.86B	14.29B	16.22B	17.74B	15.91B	16.07B	17.24B	18.35B	19.22B	20.72B	23.24B
Revenue Growth	8.62%	-3.83%	13.44%	9.39%	-10.30%	0.98%	7.29%	6.43%	4.77%	7.77%	12.18%
EPS	4.82	1.86	7.79	6.55	2.79	2.30	4.29	5.72	6.54	7.18	8.84
EPS Growth	63.39%	-61.41%	318.82%	-15.92%	-57.40%	-17.45%	86.37%	33.35%	14.25%	9.81%	23.07%
Forward PE	-	-	-	-	-	43.06	23.11	17.33	15.17	13.81	11.22
No. Analysts	-	-	-	-	-	31	31	23	8	6	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	16.5B	18.2B	19.3B	20.4B	22.0B	23.7B
Avg	16.1B	17.2B	18.3B	19.2B	20.7B	23.2B
Low	15.2B	15.8B	16.7B	17.5B	19.2B	22.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	3.5%	13.1%	11.9%	11.4%	14.5%	14.4%
Avg	1.0%	7.3%	6.4%	4.8%	7.8%	12.2%
Low	-4.3%	-1.5%	-3.4%	-4.6%	-0.1%	6.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	2.54	5.42	7.01	7.97	8.04	9.01
Avg	2.30	4.29	5.72	6.54	7.18	8.84
Low	2.11	2.65	4.85	5.53	6.40	8.41

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	-8.9%	135.3%	63.4%	39.2%	23.0%	25.5%
Avg	-17.5%	86.4%	33.4%	14.2%	9.8%	23.1%
Low	-24.5%	14.9%	12.9%	-3.4%	-2.1%	17.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.