e.l.f. Beauty (NYSE:ELF) Stock Gets Price Target Bump from JPMorgan Chase & Co.

e.l.f. Beauty (NYSE:ELF) had its price target hoisted by analysts at JPMorgan Chase & Co. from $130.00 to $135.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 22.56% from the stock’s current price.

A number of other analysts have also weighed in on the company. The Goldman Sachs Group set a $100.00 target price on e.l.f. Beauty in a research note on Thursday, August 6th. TD Cowen started coverage on shares of e.l.f. Beauty in a research report on Friday, October 30th. They issued a “strong-buy” rating for the company. Canaccord Genuity Group boosted their target price on shares of e.l.f. Beauty from $123.00 to $137.00 and gave the stock a “buy” rating in a research note on Thursday, October 22nd. Raymond James Financial reiterated a “strong-buy” rating and set a $132.00 target price on shares of e.l.f. Beauty in a research report on Thursday. Finally, Bank of America increased their price target on shares of 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 research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, e.l.f. Beauty has an average rating of “Moderate Buy” and a consensus target price of $116.69.

e.l.f. Beauty Price Performance

Shares of NYSE:ELF traded down $3.48 during trading on Thursday, reaching $110.15. The stock had a trading volume of 3,152,489 shares, compared to its average volume of 2,466,204. e.l.f. Beauty has a 52 week low of $48.82 and a 52 week high of $123.13. The business’s 50-day moving average price is $106.01 and its 200 day moving average price is $81.94. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.55 and a quick ratio of 1.82. The stock has a market capitalization of $6.50 billion, a PE ratio of 110.15, a P/E/G ratio of 2.93 and a beta of 1.61.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings results on Wednesday, November 4th. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.61. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%. The business had revenue of $520.82 million for the quarter, compared to analyst estimates of $473.51 million. During the same period in the prior year, the company earned $0.68 EPS. e.l.f. Beauty’s revenue for the quarter was up 51.4% on a year-over-year basis. As a group, equities analysts predict that e.l.f. Beauty will post 2.69 earnings per share for the current year.

Insider Transactions at e.l.f. Beauty

In other news, SVP Joshua Franks sold 7,926 shares of e.l.f. Beauty stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $110.15, for a total transaction of $873,048.90. Following the completion of the sale, the senior vice president owned 119,005 shares in the company, valued at $13,108,400.75. The trade was a 6.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Tarang Amin sold 47,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $103.31, for a total transaction of $4,855,570.00. Following the sale, the chief executive officer directly owned 134,496 shares of the company’s stock, valued at approximately $13,894,781.76. This trade represents a 25.90% 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 91,821 shares of company stock valued at $9,624,513. 3.50% of the stock is owned by company insiders.

Institutional Trading of e.l.f. Beauty

Institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new position in e.l.f. Beauty during the 2nd quarter worth about $428,262,000. State Street Corp raised its stake in shares of e.l.f. Beauty by 4.2% in the 2nd quarter. State Street Corp now owns 1,874,997 shares of the company’s stock valued at $138,647,000 after purchasing an additional 75,842 shares during the period. Primecap Management Co. CA bought a new stake in shares of e.l.f. Beauty in the second quarter valued at about $78,202,000. Prime Capital Management Co Ltd acquired a new position in shares of e.l.f. Beauty during the second quarter worth about $44,736,000. Finally, Bank of America Corp DE boosted its position in shares of e.l.f. Beauty by 45.9% during the first quarter. Bank of America Corp DE now owns 418,431 shares of the company’s stock worth $25,361,000 after buying an additional 131,572 shares during the period. Institutional investors own 92.44% of the company’s stock.

Trending Headlines about e.l.f. Beauty

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

About e.l.f. Beauty

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.