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ELFe.l.f. Beauty, Inc.Buy Wait5.6·$76.21-3.23%
Buy WaitModerate Confidence
Investment thesis

The company is the industry growth leader with four consecutive quarterly earnings beats and free cash flow running at 31% of revenue despite a GAAP accounting loss, but the stock trades within 1% of the analyst price ceiling, a 21% short interest creates substantial overhang, and a confirmed downtrend below the 200-day moving average limits the near-term setup quality despite strong underlying fundamentals.

Thesis pillars

  • Fcf Strength Despite Gaap LossStable
  • Perfect Earnings Beat StreakStable
  • Short Interest Downtrend OverhangStable
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

Open full analysis

e.l.f. Beauty, Inc. (ELF) Stock Analysis

Recovery setup

Buy WaitVALUE-TRAP 2/5Moderate Confidence

Consumer Defensive · Household & Personal Products

Wait for pullback to $65.66. Insider activity concern — blocks BUY_NOW at $76.21. Engine's entry $65.66 (R/R-minimum solve) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Geographic: United States (79.0%); Analyst target reached - limited upside remaining.

e.l.f. Beauty sells cosmetics and skincare under five brands — e.l.f. Cosmetics, e.l.f. SKIN, rhode, Naturium, and Well People — through mass, specialty, and e-commerce retailers primarily in the U.S. and internationally. The U.S. accounted for 79% of net sales in fiscal 2026... Read more

$76.21+20.0% A.UpsideScore 5.6/10#3 of 18 Household & Personal Products
QualityF-score8 / 9FCF yield1.86%
Entry $65.66(R/R-minimum solve)Stop $61.06Target $78.80(resistance)A.R:R -1.0:1
Analyst target$71.88-5.7%16 analysts
$78.80our TP
$76.21price
$71.88mean
$50
$90

Wait for pullback to $65.66. Insider activity concern — blocks BUY_NOW at $76.21. Engine's entry $65.66 (R/R-minimum solve) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Geographic: United States (79.0%); Analyst target reached - limited upside remaining. Chart setup: Death cross but MACD improving, RSI 75. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 5.6/10, moderate confidence.

Passes 6/9 gates (positive momentum, no SEC red flags, news events none recent, earnings proximity 33d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: speculative.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Aug 5, 202633d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Positive news sentiment (+0.67)
Strong growth profile
Risks
Concentration risk — Geographic: United States (79.0%)
Analyst target reached - limited upside remaining
Expensive valuation

Key Metrics

P/E (TTM)173.7
P/E (Fwd)20.9
Mkt Cap$4.5B
EV/EBITDA69.6
Profit Mgn-0.2%
ROE-0.3%
Rev Growth35.1%
Beta2.39
DividendNone
Rating analysts21

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C0.52bullish
IV80%elevated

Concentration Risks(10-K Item 1A)

  • LOWCustomerTarget18%
    10-K Item 1: 'Our largest customers, Target, Walmart, Amazon and Sephora, accounted for 18%, 13%, 11% and 10%, respectively, of our net sales in the fiscal year ended March 31, 2026.'
  • LOWCustomerWalmart13%
    10-K Item 1: 'Our largest customers, Target, Walmart, Amazon and Sephora, accounted for 18%, 13%, 11% and 10%, respectively, of our net sales in the fiscal year ended March 31, 2026.'
  • LOWCustomerAmazon11%
    10-K Item 1: 'Our largest customers, Target, Walmart, Amazon and Sephora, accounted for 18%, 13%, 11% and 10%, respectively, of our net sales in the fiscal year ended March 31, 2026.'
  • LOWCustomerSephora10%
    10-K Item 1: 'Our largest customers, Target, Walmart, Amazon and Sephora, accounted for 18%, 13%, 11% and 10%, respectively, of our net sales in the fiscal year ended March 31, 2026.'
  • HIGHGeographicUnited States79%
    10-K Item 1: 'The United States accounted for 79% of our net sales in the fiscal year ended March 31, 2026.'
  • MEDIUMSupplierChina
    10-K Item 1A: 'because the majority of our products are sourced and manufactured in China, our operations are susceptible to risks inherent in doing business there'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers·1 ceiling hit

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
0.1
Bollinger
0.8
Support Resistance
1.3
Gap
6.0

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Pe
0.0
Ps
0.0
Analyst Target
3.0
Forward Pe
6.2
Peg Ratio
10.0
Forward P/E: 20.9xPEG: 0.03
GatesA.R:R -1.0=NEGATIVEINSIDER 0.30%=MODERATEDeath cross (50MA < 200MA)Momentum 6.3>=5.5No SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 33d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Speculative
RSI
75 · Overbought
20D MA 50D MA 200D MADEATH CROSSSupport $48.82Resistance $80.41

Price Targets

$61
$66
$79
A.Upside+3.4%
A.R:R-1.0:1

Position Sizing

ConvictionMedium conviction
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-15.4% upside)
! NEWS_MOD=+2: HOLD_IF_HOLDING → STRONG_BUY_WAIT
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-05 (33d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ELF stock a buy right now?

Wait for pullback to $65.66. Insider activity concern — blocks BUY_NOW at $76.21. Engine's entry $65.66 (R/R-minimum solve) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Geographic: United States (79.0%); Analyst target reached - limited upside remaining. Chart setup: Death cross but MACD improving, RSI 75. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $78.80 (+3.4%), stop $61.06 (−24.8%), A.R:R -1.0:1. Score 5.6/10, moderate confidence.

What is the ELF stock price target?

Take-profit target: $78.80 (+20.0% upside). Target $78.80 (+3.4%), stop $61.06 (−24.8%), A.R:R -1.0:1. Stop-loss: $61.06.

What are the risks of investing in ELF?

Concentration risk — Geographic: United States (79.0%); Analyst target reached - limited upside remaining; Expensive valuation.

Is ELF overvalued or undervalued?

e.l.f. Beauty, Inc. trades at a P/E of 173.7 (forward 20.9). TrendMatrix value score: 3.8/10. Verdict: Buy (Wait for Entry).

What do analysts say about ELF?

21 analysts cover ELF with a consensus score of 4.0/5. Average price target: $72.

What does e.l.f. Beauty, Inc. do?e.l.f. Beauty sells cosmetics and skincare under five brands — e.l.f. Cosmetics, e.l.f. SKIN, rhode, Naturium, and Well...

e.l.f. Beauty sells cosmetics and skincare under five brands — e.l.f. Cosmetics, e.l.f. SKIN, rhode, Naturium, and Well People — through mass, specialty, and e-commerce retailers primarily in the U.S. and internationally. The U.S. accounted for 79% of net sales in fiscal 2026 (ended March 31); Target, Walmart, Amazon, and Sephora were the four largest customers at 18%, 13%, 11%, and 10% of net sales, respectively.

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