e.l.f. Beauty (NYSE:ELF) Price Target Raised to $111.00

e.l.f. Beauty (NYSE:ELF) had its target price hoisted by JPMorgan Chase & Co. from $94.00 to $111.00 in a report issued on Thursday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other equities research analysts have also issued reports on the stock. Canaccord Genuity Group upped their price objective on shares of e.l.f. Beauty from $90.00 to $97.00 and gave the company a “buy” rating in a report on Friday, July 17th. Weiss Ratings raised shares of e.l.f. Beauty from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $64.00 target price on shares of e.l.f. Beauty in a report on Tuesday, June 16th. Robert W. Baird set a $105.00 price target on shares of e.l.f. Beauty in a report on Thursday. Finally, Sanford C. Bernstein lifted their price target on shares of e.l.f. Beauty from $113.00 to $121.00 and gave the company an “outperform” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $89.25.

e.l.f. Beauty Stock Performance

NYSE ELF opened at $98.84 on Thursday. The stock’s fifty day moving average is $71.37 and its two-hundred day moving average is $71.74. The firm has a market capitalization of $5.83 billion, a P/E ratio of 98.84, a price-to-earnings-growth ratio of 3.83 and a beta of 1.58. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.69 and a current ratio of 2.55. e.l.f. Beauty has a fifty-two week low of $48.82 and a fifty-two week high of $150.99.

e.l.f. Beauty (NYSE:ELF) last issued its earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $1.04. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The company had revenue of $479.37 million during the quarter, compared to analysts’ expectations of $431.20 million. During the same period in the prior year, the business earned $0.89 EPS. The firm’s quarterly revenue was up 35.5% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. On average, research analysts anticipate that e.l.f. Beauty will post 2.42 earnings per share for the current year.

Insider Buying and Selling at e.l.f. Beauty

In other news, insider Kory Marchisotto sold 12,173 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $88.02, for a total value of $1,071,467.46. Following the sale, the insider directly owned 169,695 shares of the company’s stock, valued at approximately $14,936,553.90. The trade was a 6.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mandy J. Fields sold 4,327 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $51.53, for a total transaction of $222,970.31. Following the completion of the transaction, the insider owned 106,961 shares in the company, valued at approximately $5,511,700.33. This represents a 3.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 134,028 shares of company stock valued at $9,422,961. 3.50% of the stock is currently owned by company insiders.

Institutional Trading of e.l.f. Beauty

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in e.l.f. Beauty by 58.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock worth $39,000 after purchasing an additional 117 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of e.l.f. Beauty by 97.0% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after buying an additional 128 shares in the last quarter. Horizon Investments LLC grew its stake in shares of e.l.f. Beauty by 13.4% in the fourth quarter. Horizon Investments LLC now owns 1,089 shares of the company’s stock valued at $83,000 after buying an additional 129 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of e.l.f. Beauty by 0.8% in the third quarter. Public Employees Retirement System of Ohio now owns 17,246 shares of the company’s stock valued at $2,285,000 after buying an additional 144 shares in the last quarter. Finally, California State Teachers Retirement System raised its holdings in shares of e.l.f. Beauty by 0.3% in the 2nd quarter. California State Teachers Retirement System now owns 52,055 shares of the company’s stock valued at $6,478,000 after buying an additional 152 shares during the period. Hedge funds and other institutional investors own 92.44% of the company’s stock.

Key Headlines Impacting e.l.f. Beauty

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Guidance was raised sharply: e.l.f. now expects fiscal 2027 net sales growth of 18%–20%, up from its prior 12%–14% forecast. Revenue is projected at approximately $1.9 billion–$2.0 billion, with EPS guidance of $3.50–$3.55. Fiscal 2027 outlook article
• Positive Sentiment: Rhode is providing meaningful growth: The acquired skincare brand generated approximately $160 million in quarterly sales, while international revenue climbed 61%. Management also plans to reinvest roughly $50 million in tariff refunds into global expansion and brand-building initiatives. Rhode growth article
• Positive Sentiment: Analyst sentiment improved: JPMorgan raised its price target from $94 to $111 and maintained an overweight rating. B. Riley lifted its target from $70 to $100 and assigned a buy rating, reflecting greater confidence in the raised outlook and global growth strategy.
• Neutral Sentiment: Some earnings support was temporary: About $50 million in tariff refunds boosted gross margin and profitability. Although management is reinvesting the funds, investors may discount part of the earnings benefit because tariff refunds are not necessarily recurring. Tariff refund article
• Negative Sentiment: Valuation and execution risks remain: UBS raised its target from $80 to $89 but retained a neutral rating, suggesting limited upside at recent levels. Investors are also watching legacy e.l.f. brand trends, acquisition-related leverage, and insider selling; executive Kory Marchisotto sold approximately $1.1 million of shares while retaining a substantial stake.

About e.l.f. Beauty

e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.