e.l.f. Beauty (NYSE:ELF) Given New $135.00 Price Target at JPMorgan Chase & Co.

e.l.f. Beauty (NYSE:ELF) had its target price raised by equities research analysts at JPMorgan Chase & Co. from $130.00 to $135.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 22.56% from the stock’s previous close.

A number of other equities analysts also recently commented on the stock. Robert W. Baird increased their price objective on shares of e.l.f. Beauty from $105.00 to $120.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 7th. Canaccord Genuity Group lifted their target price on e.l.f. Beauty from $123.00 to $137.00 and gave the company a “buy” rating in a research report on Thursday, October 22nd. Piper Sandler upped their target price on e.l.f. Beauty from $100.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday. Zacks Research raised e.l.f. Beauty from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 9th. Finally, Bank of America raised their price target on e.l.f. Beauty from $100.00 to $118.00 and gave the company a “buy” rating in a research note on Tuesday, September 15th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $116.69.

e.l.f. Beauty Stock Down 3.1%

Shares of ELF stock traded down $3.48 during trading on Thursday, reaching $110.15. The company’s stock had a trading volume of 3,152,489 shares, compared to its average volume of 2,466,204. The business has a fifty day moving average price of $106.01 and a 200-day moving average price of $81.94. The company has a quick ratio of 1.82, a current ratio of 2.55 and a debt-to-equity ratio of 0.69. The company has a market cap of $6.50 billion, a price-to-earnings ratio of 110.15, a price-to-earnings-growth ratio of 2.93 and a beta of 1.61. e.l.f. Beauty has a one year low of $48.82 and a one year high of $123.13.

e.l.f. Beauty (NYSE:ELF) last released its earnings results on Wednesday, November 4th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.61. e.l.f. Beauty had a net margin of 3.38% and a return on equity of 14.07%. The business had revenue of $520.82 million during the quarter, compared to the consensus estimate of $473.51 million. During the same quarter last year, the firm earned $0.68 earnings per share. The firm’s revenue for the quarter was up 51.4% compared to the same quarter last year. Analysts anticipate that e.l.f. Beauty will post 2.69 earnings per share for the current year.

Insider Activity

In other news, Director Lauren Levitan sold 1,034 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $93.15, for a total transaction of $96,317.10. Following the transaction, the director directly owned 10,516 shares in the company, valued at $979,565.40. The trade was a 8.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Tarang Amin sold 47,000 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $103.31, for a total transaction of $4,855,570.00. Following the completion of the sale, the chief executive officer directly owned 134,496 shares in the company, valued at approximately $13,894,781.76. The trade was a 25.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 91,821 shares of company stock worth $9,624,513. 3.50% of the stock is owned by insiders.

Institutional Investors Weigh In On e.l.f. Beauty

Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in e.l.f. Beauty during the second quarter worth approximately $428,262,000. State Street Corp raised its stake in e.l.f. Beauty by 4.2% in the second quarter. State Street Corp now owns 1,874,997 shares of the company’s stock valued at $138,647,000 after buying an additional 75,842 shares during the period. Primecap Management Co. CA acquired a new stake in shares of e.l.f. Beauty in the second quarter valued at approximately $78,202,000. Prime Capital Management Co Ltd acquired a new stake in shares of e.l.f. Beauty in the second quarter valued at approximately $44,736,000. Finally, Congress Asset Management Co. lifted its position in shares of e.l.f. Beauty by 5.7% in the third quarter. Congress Asset Management Co. now owns 299,742 shares of the company’s stock valued at $30,265,000 after buying an additional 16,055 shares during the last quarter. 92.44% of the stock is currently owned by institutional investors and hedge funds.

e.l.f. Beauty News Summary

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

• Positive Sentiment: For fiscal Q2 2027, sales rose 51% year over year to $520.8 million, beating estimates of about $473.5 million. Adjusted earnings were $1.21 per share, well above estimates near $0.60. The company also recorded its 31st consecutive quarter of net-sales growth. CNBC report on quarterly results
• Positive Sentiment: Management raised its full-year net-sales growth outlook to 22%–24%, citing momentum across its portfolio; a separate report said its fiscal 2027 guidance was above expectations. This outlook upgrade may support investor confidence in continued growth. e.l.f. Beauty earnings release
• Positive Sentiment: Citigroup raised its price target to $139 from $130 and maintained a Buy rating, implying roughly 26% upside from the cited $110.15 share price. Citigroup analyst rating information
• Neutral Sentiment: Piper Sandler lifted its target to $110 from $100 but kept a Neutral rating. Its target is essentially in line with the cited share price, offering a more cautious counterpoint to Citigroup’s view. Piper Sandler analyst rating information

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a cosmetics and skincare company that develops, markets and sells beauty products under a portfolio of brands. Its offerings include makeup, skin care, hair care and other personal-care products designed to provide accessible, trend-focused beauty options across a range of categories.

The company’s portfolio includes e.l.f. Cosmetics, Well People, Keys Soulcare and Naturium. Its products are sold through mass retailers, specialty beauty stores, e-commerce platforms and the brands’ direct-to-consumer websites.