B. Riley Financial Forecasts Strong Price Appreciation for e.l.f. Beauty (NYSE:ELF) Stock

e.l.f. Beauty (NYSE:ELF) had its target price lifted by equities researchers at B. Riley Financial from $70.00 to $100.00 in a research note issued on Thursday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. B. Riley Financial’s price objective would suggest a potential upside of 1.17% from the company’s previous close.

Several other research firms also recently issued reports on ELF. Robert W. Baird decreased their price objective on shares of e.l.f. Beauty from $115.00 to $90.00 and set an “outperform” rating for the company in a research note on Tuesday, April 28th. The Goldman Sachs Group set a $100.00 target price on shares of e.l.f. Beauty in a report on Thursday. Weiss Ratings raised shares of e.l.f. Beauty from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 30th. TD Cowen reiterated a “buy” rating and issued a $85.00 price target (up from $65.00) on shares of e.l.f. Beauty in a report on Tuesday, July 21st. Finally, Citigroup raised their price objective on e.l.f. Beauty from $87.00 to $92.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $89.25.

e.l.f. Beauty Stock Performance

NYSE ELF opened at $98.84 on Thursday. The firm has a market capitalization of $5.83 billion, a P/E ratio of 98.84, a P/E/G ratio of 3.59 and a beta of 1.58. e.l.f. Beauty has a 1-year low of $48.82 and a 1-year high of $150.99. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.55 and a quick ratio of 1.69. The business’s 50-day simple moving average is $71.37 and its 200-day simple moving average is $71.74.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $1.04. e.l.f. Beauty had a net margin of 3.38% and a return on equity of 14.07%. The firm had revenue of $479.37 million during the quarter, compared to the consensus estimate of $431.20 million. During the same quarter in the prior year, the company earned $0.89 EPS. The company’s 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. Equities analysts predict that e.l.f. Beauty will post 2.42 EPS for the current year.

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

In related news, CEO Tarang Amin sold 50,164 shares of e.l.f. Beauty stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $78.24, for a total transaction of $3,924,831.36. Following the sale, the chief executive officer owned 110,496 shares of the company’s stock, valued at $8,645,207.04. The trade was a 31.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Kory Marchisotto sold 12,173 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $88.02, for a total transaction of $1,071,467.46. Following the completion of the transaction, the insider owned 169,695 shares in the company, valued at $14,936,553.90. This represents a 6.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 134,028 shares of company stock valued at $9,422,961. 3.50% of the stock is owned by company insiders.

Institutional Trading of e.l.f. Beauty

Hedge funds and other institutional investors have recently modified their holdings of the business. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in e.l.f. Beauty during the 4th quarter valued at approximately $26,000. Hilton Head Capital Partners LLC bought a new stake in shares of e.l.f. Beauty in the fourth quarter worth $32,000. EverSource Wealth Advisors LLC raised its holdings in 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 acquiring an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after acquiring an additional 117 shares in the last quarter. Finally, State of Wyoming bought a new position in e.l.f. Beauty during the 2nd quarter valued at $40,000. 92.44% of the stock is owned by hedge funds and other institutional investors.

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.

e.l.f. Beauty Company Profile

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.