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NYSE: ELF
Elf Beauty Inc Stock Forecast, Predictions & Price Target

Analyst price target for ELF

Based on 11 analysts offering 12 month price targets for Elf Beauty Inc.
Min Forecast
$36.00-47.58%
Avg Forecast
$64.73-5.74%
Max Forecast
$78.00+13.59%

Should I buy or sell ELF stock?

Based on 11 analysts offering ratings for Elf Beauty Inc.
Strong Buy
Strong Buy
8 analysts 72.73%
Buy
1 analysts 9.09%
Hold
2 analysts 18.18%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ELF stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Truist Securities
Bottom 8%
8
Strong BuyMaintains$75.00+9.22%2023-02-02
Canaccord Genuity
Top 1%
100
Strong BuyMaintains$78.00+13.59%2023-02-02Find out why
JP Morgan
Top 29%
72
Strong BuyMaintains$70.00+1.94%2023-02-02
Bank of America
Top 37%
64
Strong BuyMaintains$75.00+9.22%2023-02-02
Morgan Stanley
Top 8%
93
Strong BuyMaintains$75.00+9.22%2023-02-02Find out why
Raymond James
Top 5%
96
BuyMaintains$75.00+9.22%2023-02-02
DA Davidson
Top 15%
86
Strong BuyMaintains$77.00+12.13%2023-02-02
Stifel Nicolaus
Top 8%
93
HoldMaintains$50.00-27.19%2023-01-24
Piper Sandler
Top 18%
83
Strong BuyMaintains$55.00-19.91%2022-11-03
Jefferies
Top 20%
81
Strong BuyMaintains$46.00-33.01%2022-09-22Find out why

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Forecast return on equity

Is ELF forecast to generate an efficient return?
Company
13.28%
Industry
8.38%
Market
13.26%
ELF's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ELF forecast to generate an efficient return on assets?
Company
9.2%
Industry
5.81%
ELF is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ELF earnings per share forecast

What is ELF's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$0.63-29.21%
Avg 2 year Forecast
$0.69-22.47%
Avg 3 year Forecast
$0.95+6.74%
ELF's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ELF revenue forecast

What is ELF's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$458.2M-7.74%
Avg 2 year Forecast
$496.4M-0.05%
Avg 3 year Forecast
$541.6M+9.05%
ELF's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ELF earnings growth forecast

How is ELF forecast to perform vs Household & Personal Products companies and vs the US market?
Company
-2.67%
Industry
6.81%
Market
21.89%
ELF's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ELF's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ELF's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ELF revenue growth forecast

How is ELF forecast to perform vs Household & Personal Products companies and vs the US market?
Company
2.72%
Industry
6.36%
Market
9.2%
ELF's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ELF's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ELF vs Household & Personal Product Stocks

TickerPricePrice TargetUp/downsideConsensus
ELF$68.67$64.73-5.74%Strong Buy
IPAR$116.58$109.25-6.29%Strong Buy
NTCO$5.50$8.00+45.45%Strong Buy
HELE$118.91$177.00+48.85%Strong Buy
SPB$65.92$85.60+29.85%Buy

Elf Beauty Stock Forecast FAQ

Is Elf Beauty Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: ELF) stock is to Strong Buy ELF stock.

Out of 11 analysts, 8 (72.73%) are recommending ELF as a Strong Buy, 1 (9.09%) are recommending ELF as a Buy, 2 (18.18%) are recommending ELF as a Hold, 0 (0%) are recommending ELF as a Sell, and 0 (0%) are recommending ELF as a Strong Sell.

If you're new to stock investing, here's how to buy Elf Beauty stock.

What is ELF's earnings growth forecast for 2023-2025?

(NYSE: ELF) Elf Beauty's forecast annual earnings growth rate of -2.67% is not forecast to beat the US Household & Personal Products industry's average forecast earnings growth rate of 6.81%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 21.89%.

Elf Beauty's earnings in 2023 is $46,840,000.On average, 10 Wall Street analysts forecast ELF's earnings for 2023 to be $33,575,662, with the lowest ELF earnings forecast at $31,443,874, and the highest ELF earnings forecast at $39,971,027. On average, 9 Wall Street analysts forecast ELF's earnings for 2024 to be $36,773,344, with the lowest ELF earnings forecast at $24,515,563, and the highest ELF earnings forecast at $45,300,497.

In 2025, ELF is forecast to generate $50,629,967 in earnings, with the lowest earnings forecast at $50,629,967 and the highest earnings forecast at $50,629,967.

What is ELF's revenue growth forecast for 2023-2025?

(NYSE: ELF) Elf Beauty's forecast annual revenue growth rate of 2.72% is not forecast to beat the US Household & Personal Products industry's average forecast revenue growth rate of 6.36%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Elf Beauty's revenue in 2023 is $496,622,000.On average, 9 Wall Street analysts forecast ELF's revenue for 2023 to be $24,418,726,446, with the lowest ELF revenue forecast at $23,982,615,900, and the highest ELF revenue forecast at $25,208,926,993. On average, 9 Wall Street analysts forecast ELF's revenue for 2024 to be $26,455,223,599, with the lowest ELF revenue forecast at $25,181,746,695, and the highest ELF revenue forecast at $27,428,651,331.

In 2025, ELF is forecast to generate $28,862,545,289 in revenue, with the lowest revenue forecast at $27,553,360,934 and the highest revenue forecast at $30,171,729,643.

What is ELF's forecast return on assets (ROA) for 2023-2026?

(NYSE: ELF) forecast ROA is 9.2%, which is higher than the forecast US Household & Personal Products industry average of 5.81%.

What is ELF's Price Target?

According to 11 Wall Street analysts that have issued a 1 year ELF price target, the average ELF price target is $64.73, with the highest ELF stock price forecast at $78.00 and the lowest ELF stock price forecast at $36.00.

On average, Wall Street analysts predict that Elf Beauty's share price could fall to $64.73 by Feb 2, 2024. The average Elf Beauty stock price prediction forecasts a potential downside of 5.74% from the current ELF share price of $68.67.

What is ELF's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: ELF) Elf Beauty's current Earnings Per Share (EPS) is $0.89. On average, analysts forecast that ELF's EPS will be $0.63 for 2023, with the lowest EPS forecast at $0.59, and the highest EPS forecast at $0.75. On average, analysts forecast that ELF's EPS will be $0.69 for 2024, with the lowest EPS forecast at $0.46, and the highest EPS forecast at $0.85. In 2025, ELF's EPS is forecast to hit $0.95 (min: $0.95, max: $0.95).

What is ELF's forecast return on equity (ROE) for 2023-2026?

(NYSE: ELF) forecast ROE is 13.28%, which is considered weak.
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