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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
$115.00-41.4%
Avg Forecast
$191.00-2.68%
Max Forecast
$230.00+17.2%

Should I buy or sell ELF stock?

Based on 11 analysts offering ratings for Elf Beauty Inc.
Strong Buy
Strong Buy
7 analysts 63.64%
Buy
0 analysts 0%
Hold
4 analysts 36.36%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ELF stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-21
lockedlocked$00.00+00.00%2024-03-13
lockedlocked$00.00+00.00%2024-03-06Find Out Why
lockedlocked$00.00+00.00%2024-02-26Find Out Why
lockedlocked$00.00+00.00%2024-02-07
Morgan Stanley
Top 4%
97
HoldMaintains$184.00-6.24%2024-02-07
Stifel Nicolaus
Top 4%
97
HoldMaintains$167.00-14.90%2024-02-07
Baird
Top 16%
85
HoldInitiates Coverage On$185.00-5.73%2024-01-30
Raymond James
Top 5%
96
Strong BuyMaintains$180.00-8.28%2024-01-22
JP Morgan
Top 12%
89
Strong BuyMaintains$175.00-10.83%2024-01-18Find out why

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Forecast return on equity

Is ELF forecast to generate an efficient return?
Company
8.68%
Industry
18.44%
Market
21.34%
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
4.81%
Industry
7.43%
ELF is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ELF revenue forecast

What is ELF's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$993.3M+11.59%
Avg 2 year Forecast
$1.3B+41.77%
Avg 3 year Forecast
$1.5B+66.89%
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
-36.82%
Industry
32.17%
Market
28.66%
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
18.39%
Industry
3.08%
Market
9.63%
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$196.25$191.00-2.68%Strong Buy
COTY$11.82$13.39+13.27%Buy
IPAR$139.22$184.00+32.16%Strong Buy
HIMS$15.74$13.67-13.17%Buy
NWL$7.87$8.03+2.05%Hold

Elf Beauty Stock Forecast FAQ

Is Elf Beauty Stock a good buy in 2024, 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, 7 (63.64%) are recommending ELF as a Strong Buy, 0 (0%) are recommending ELF as a Buy, 4 (36.36%) 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 revenue growth forecast for 2024-2026?

(NYSE: ELF) Elf Beauty's forecast annual revenue growth rate of 18.39% is forecast to beat the US Household & Personal Products industry's average forecast revenue growth rate of 3.08%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.63%.

Elf Beauty's revenue in 2024 is $890,146,000.On average, 9 Wall Street analysts forecast ELF's revenue for 2024 to be $55,136,758,257, with the lowest ELF revenue forecast at $54,679,880,683, and the highest ELF revenue forecast at $55,941,553,293. On average, 9 Wall Street analysts forecast ELF's revenue for 2025 to be $70,046,475,799, with the lowest ELF revenue forecast at $67,180,042,220, and the highest ELF revenue forecast at $71,964,739,931.

In 2026, ELF is forecast to generate $82,456,882,623 in revenue, with the lowest revenue forecast at $75,245,199,730 and the highest revenue forecast at $85,853,129,887.

What is ELF's forecast return on assets (ROA) for 2024-2026?

(NYSE: ELF) forecast ROA is 4.81%, which is lower than the forecast US Household & Personal Products industry average of 7.43%.

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 $191.00, with the highest ELF stock price forecast at $230.00 and the lowest ELF stock price forecast at $115.00.

On average, Wall Street analysts predict that Elf Beauty's share price could fall to $191.00 by Mar 21, 2025. The average Elf Beauty stock price prediction forecasts a potential downside of 2.68% from the current ELF share price of $196.25.

What is ELF's forecast return on equity (ROE) for 2024-2026?

(NYSE: ELF) forecast ROE is 8.68%, which is considered weak.
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