On Nov 08, major Wall Street analysts update their ratings for $e.l.f. Beauty (ELF.US)$, with price targets ranging from $115 to $170.
Morgan Stanley analyst Dara Mohsenian maintains with a hold rating, and maintains the target price at $139.
J.P. Morgan analyst Andrea Faria Teixeira maintains with a buy rating, and adjusts the target price from $167 to $154.
TD Cowen analyst Oliver Chen maintains with a buy rating, and maintains the target price at $150.
Stifel analyst Mark Astrachan maintains with a hold rating, and adjusts the target price from $131 to $115.
Piper Sandler analyst Korinne Wolfmeyer maintains with a buy rating, and adjusts the target price from $162 to $165.
Furthermore, according to the comprehensive report, the opinions of $e.l.f. Beauty (ELF.US)$'s main analysts recently are as follows:
Elf Beauty is expected to sustain robust and significantly above-peer sales growth through further market share expansion. The pessimistic view is considered to be exaggerated, presenting a purchase opportunity during the recent decline.
Following Elf Beauty's fiscal Q2 results announcement and the updated guidance for FY25, an adjustment of future financial estimates for FY24-FY25 has been made. The valuation now reflects a multiple based on projected adjusted EBITDA for FY26, with the anticipation of potential risks outweighing the prospects for growth from the levels seen after market close.
Here are the latest investment ratings and price targets for $e.l.f. Beauty (ELF.US)$ from 8 analysts:
Note:
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