e.l.f. Beauty, Inc. (ELF)
NYSE: ELF · IEX Real-Time Price · USD
177.52
+6.58 (3.85%)
At close: Jul 19, 2024, 4:00 PM
180.20
+2.68 (1.51%)
Pre-market: Jul 22, 2024, 7:36 AM EDT
e.l.f. Beauty Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for e.l.f. Beauty stock have an average target of 202.92, with a low estimate of 115 and a high estimate of 258. The average target predicts an increase of 14.31% from the current stock price of 177.52.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for e.l.f. Beauty stock from 13 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 7 | 8 | 8 | 8 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 4 | 4 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold → Buy Upgrades $210 → $230 | Hold → Buy | Upgrades | $210 → $230 | +29.56% | Jul 18, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $210 → $258 | Buy | Maintains | $210 → $258 | +45.34% | Jul 11, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $220 → $230 | Strong Buy | Maintains | $220 → $230 | +29.56% | Jul 10, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $210 | Buy | Maintains | $210 | +18.30% | Jun 24, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $214 → $250 | Strong Buy | Maintains | $214 → $250 | +40.83% | Jun 18, 2024 |
Financial Forecast
Revenue This Year
1.30B
from 1.02B
Increased by 26.77%
Revenue Next Year
1.53B
from 1.30B
Increased by 17.95%
EPS This Year
3.43
from 2.21
Increased by 55.09%
EPS Next Year
4.30
from 3.43
Increased by 25.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.4B | 1.7B | 2.0B |
| Avg | 1.3B | 1.5B | 1.8B |
| Low | 1.2B | 1.4B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.4% | 31.3% | 29.1% |
| Avg | 26.8% | 18.0% | 16.3% |
| Low | 19.3% | 5.8% | 6.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.86 | 5.04 | 5.44 |
| Avg | 3.43 | 4.30 | 4.80 |
| Low | 3.14 | 3.69 | 4.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 74.8% | 47.0% | 26.4% |
| Avg | 55.1% | 25.6% | 11.6% |
| Low | 41.9% | 7.8% | -4.2% |
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.