e.l.f. Beauty (ELF)

• Market cap: $4.23B
• 1 day: 5.36%
• 5 days: -0.09%
• 1 month: -36.77%
• 3 months: -38.83%
• 6 months: -55.96%
• Year to date: -39.08%
• 1 year: -56.53%
• 5 years: 292.87%
• 10 years: 182.72%
• Sector: Materials
• Industry: Perfumes, Cosmetics & Other Toilet Preparations

About: e.l.f. Beauty Inc is a multi-brand beauty company that offers inclusive, accessible, clean, vegan and cruelty-free cosmetics and skin care products. The Company's mission is to make the best of beauty accessible to every eye, lip, face, and skin concern. The company offers cosmetic accessories for women which include eyeliner, mascara, false eyelashes, lipstick, the foundation for the face, moisturizer, cleanser, and other tools through its stores and e-commerce channels. The products that the company sells are marketed under the e.l.f. Cosmetics, W3LL PEOPLE and Keys Soulcare brands. It carries out sales within the US and internationally, out of which maximum revenue is generated from the US.

Employees: 475

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

250% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 7 (+5) [Q4]

54% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 78

19% more capital invested

Capital invested by funds: $6.3B [Q3] → $7.53B (+$1.23B) [Q4]

5% more funds holding

Funds holding: 483 [Q3] → 507 (+24) [Q4]

3.74% more ownership

Funds ownership: 102.7% [Q3] → 106.44% (+3.74%) [Q4]

4% less repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 169

13% less call options, than puts

Call options by funds: $533M | Put options by funds: $614M

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $70 7% downside
• Avg. target: $108 44% upside
• High target: $163 118% upside

12 analyst ratings

• positive: 7 58%
• neutral: 5 42%
• negative: 0 0%

Goldman Sachs Patty Kanada 33% 1-year accuracy 1 / 3 met price target	66% upside $124	Buy Maintained	21 Feb 2025
DA Davidson Linda Bolton Weiser 30% 1-year accuracy 34 / 112 met price target	7% upside $80	Neutral Maintained	18 Feb 2025
Canaccord Genuity Susan Anderson 24% 1-year accuracy 8 / 33 met price target	40% upside $105	Buy Maintained	7 Feb 2025
B. Riley Securities Anna Glaessgen 46% 1-year accuracy 6 / 13 met price target	20% upside $90	Buy Reiterated	7 Feb 2025
Raymond James Olivia Tong 33% 1-year accuracy 4 / 12 met price target	60% upside $120	Strong Buy Maintained	7 Feb 2025