e.l.f. Beauty, Inc. (ELF) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 27 analysts16.5% Below Target
ELF trades 16.5% below Wall Street's consensus target of $74.78.
Current Price$64.20
Average Target$74.78
Target
Current
Low$50.00
Median$70.00
High$115.00
Analyst Target Range
Forward P/E19.5x
(Fair)
PEG Ratio0.66
(Undervalued)
Implied Growth+262.3%
(High Growth)
Analyst Spread86.9%
(Wide Disagreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes ELF achieves its forward estimates and maintains a stable P/E multiple of 19.5x. This scenario reflects the blended consensus of 27 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
ELF Price Target Analysis
Updated June 21, 2026As of June 21, 2026, e.l.f. Beauty, Inc. (ELF) has a Wall Street consensus price target of $74.78, based on estimates from 27 covering analysts. With the stock currently trading at $64.20, this represents a potential upside of +16.5%. The company has a market capitalization of $3.82B.
Analyst price targets range from a low of $50.00 to a high of $115.00, representing a 87% spread in expectations. The median target of $70.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 13 analysts rating the stock as a Buy or Strong Buy,12 rating it Hold, and 2 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, ELF trades at a trailing P/E of 145.9x and forward P/E of 19.5x. The forward PEG ratio of 0.66 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +262.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $90.57, with bear and bull scenarios of $57.06 and $119.34 respectively. Model confidence stands at 55/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Consumer Defensive stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+37.0%
Industry Consensus
Avg Forward P/E
20.8x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 COTYCoty Inc. | $1.7B | $1.95 | $3.94 | +102.1% | Hold | 8.8x | 33 |
 IPARInter Parfums, Inc. | $3.2B | $99.09 | $112.00 | +13.0% | Buy | 20.3x | 19 |
 SKINThe Beauty Health Company | $86M | $0.66 | $1.53 | +130.8% | Hold | — | 14 |
 KOSKosmos Energy Ltd. | $1.2B | $2.45 | $2.63 | +7.3% | Buy | 8.5x | 26 |
 ELThe Estée Lauder Companies Inc. | $30.6B | $84.81 | $102.08 | +20.4% | Hold | 34.9x | 46 |
 ULTAUlta Beauty, Inc. | $19.6B | $456.13 | $671.13 | +47.1% | Buy | 15.9x | 47 |
 PGThe Procter & Gamble Company | $351.4B | $150.38 | $159.00 | +5.7% | Buy | 21.8x | 52 |
 CLColgate-Palmolive Company | $71.8B | $89.48 | $96.00 | +7.3% | Hold | 23.5x | 45 |
 CHDChurch & Dwight Co., Inc. | $22.7B | $95.64 | $105.00 | +9.8% | Buy | 25.5x | 34 |
 AMZNAmazon.com, Inc. | $2.6T | $244.39 | $307.77 | +25.9% | Buy | 27.8x | 94 |
ELF — Frequently Asked Questions
Quick answers to the most common questions about buying ELF stock.
What is the ELF stock price target for 2026?
e.l.f. Beauty, Inc. (ELF) has a consensus 12-month price target of $74.78, implying 16.5% upside from $64.2. The 27 analysts covering ELF see moderate appreciation potential.
Is ELF a buy, sell, or hold?
ELF has a consensus rating of "Buy" based on 27 Wall Street analysts. The rating breakdown is mixed, with 12 Hold ratings making up the largest segment. The consensus 12-month price target of $74.78 implies 16.5% upside from current levels.
Is ELF stock overvalued or undervalued?
With a forward P/E of 19.4545x, ELF trades at a relatively low valuation. The consensus target of $74.78 implies 16.5% appreciation, suggesting meaningful undervaluation.
How high can ELF stock go?
The most bullish Wall Street analyst has a price target of $115 for ELF, while the most conservative target is $50. The consensus of $74.78 represents the median expectation. Our quantitative valuation model projects a bull case target of $119 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover ELF stock?
ELF is heavily covered by Wall Street, with 27 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 12 have Buy ratings, 12 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the ELF stock forecast?
The 12-month ELF stock forecast based on 27 Wall Street analysts shows a consensus price target of $74.78, with estimates ranging from $50 (bear case) to $115 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $91, with bear/bull scenarios of $57/$119.
What is ELF's fair value based on fundamentals?
Our quantitative valuation model calculates ELF's fair value at $91 (base case), with a bear case of $57 and bull case of $119. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 55/100.
What is ELF's forward P/E ratio?
ELF trades at a forward P/E ratio of 19.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 145.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy ELF stock?
Wall Street analysts are optimistic on ELF, with a "Buy" consensus rating and $74.78 price target (16.5% upside). 13 of 27 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do ELF price targets vary so much?
ELF analyst price targets range from $50 to $115, a 87% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $74.78 consensus represents the middle ground. Our model's $57-$119 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare