e.l.f. Beauty Reports Strong Q3 Results Exceeding Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3h ago
0mins
Should l Buy ELF?
Source: NASDAQ.COM
- Significant Sales Growth: e.l.f. Beauty's Q3 sales soared 38% year-over-year to $489.5 million, easily surpassing the analyst consensus of $460 million, indicating strong market demand and brand appeal.
- Improved Profitability: Adjusted earnings per share (EPS) surged 68% from $0.74 to $1.24, exceeding the analyst estimate of $0.72, reflecting the company's success in cost control and operational efficiency.
- Rhode Brand Contribution: The Rhode brand contributed $128 million in revenue during the quarter, bolstered by its successful launch at Sephora, further solidifying e.l.f.'s position in the rapidly growing beauty market.
- Optimistic Outlook: e.l.f. raised its fiscal 2026 sales guidance to an increase of 22% to 33%, with Rhode expected to contribute $260 million to $265 million in revenue, demonstrating the company's confidence in future growth and strategic positioning.
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Analyst Views on ELF
Wall Street analysts forecast ELF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ELF is 117.50 USD with a low forecast of 85.00 USD and a high forecast of 136.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
10 Buy
3 Hold
0 Sell
Strong Buy
Current: 76.860
Low
85.00
Averages
117.50
High
136.00
Current: 76.860
Low
85.00
Averages
117.50
High
136.00
About ELF
e.l.f. Beauty, Inc. is a multi-brand beauty company. The Company offers inclusive, accessible, clean, vegan, and cruelty-free cosmetics and skincare products. The Company's family of brands includes e.l.f. Cosmetics, e.l.f. SKIN, Naturium, Well People, Keys Soulcare, and rhode. Its e.l.f. SKIN is an ingredient-focused, dermatologist-developed formulas for every eye, lip and face. The Company operates across beauty categories including eye, lip, and face makeup, beauty tools and accessories, and skincare products. Its color cosmetics and skin care products are broadly sold through food, drug, and mass channels, as well as through department stores and direct and specialty channels. The Company sells its products with retailers in the United States, as well as internationally. It also sells its products online through its own direct e-commerce channels, as well as through other e-commerce Websites.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
e.l.f. Beauty Shows Signs of Recovery: Positive Changes Ahead
Company Performance: e.l.f. Beauty reported a strong fiscal Q3 2026, with a revenue increase of 37.8% to $489.5 million, driven by solid retail and e-commerce performance, particularly in the UK market.
Market Resilience: Despite previous struggles in 2025, consumer resilience has been noted, with the cosmetic market remaining stable and e.l.f. Beauty exceeding low analyst expectations, leading to optimistic guidance for future growth.
Analyst Sentiment: Analysts have raised their price targets for e.l.f. Beauty, reflecting confidence in the company's growth trajectory, although concerns about valuation and market dynamics persist.
Future Outlook: The company is expected to continue its upward trend, with forecasts suggesting over 20% growth in 2026, supported by a healthy cash flow and rising equity, despite potential risks related to market distribution.
See More
e.l.f. Beauty Surprises with Q3 Results, Stock Reversal Presents Buying Opportunity
- Significant Sales Growth: e.l.f. Beauty reported a 38% year-over-year sales increase in Q3 2023, reaching $489.5 million, significantly exceeding the analyst consensus of $460 million, indicating robust market demand and brand appeal.
- Enhanced Profitability: Adjusted earnings per share (EPS) surged 68% from $0.74 to $1.24, surpassing the analyst expectation of $0.72, reflecting the company's success in cost control and operational efficiency.
- Market Share Expansion: The e.l.f. brand gained 130 basis points in the mass cosmetics market, with U.S. and international revenues rising 36% and 44% respectively, despite weak consumption in the U.K., showcasing the brand's global appeal.
- Optimistic Outlook: The company raised its fiscal 2026 sales guidance to a growth range of 22% to 33%, expecting Rhode to contribute $260 million to $265 million in revenue, demonstrating confidence in future growth and strategic positioning.
See More
e.l.f. Beauty Reports Strong Q3 Results Exceeding Expectations
- Significant Sales Growth: e.l.f. Beauty's Q3 sales soared 38% year-over-year to $489.5 million, easily surpassing the analyst consensus of $460 million, indicating strong market demand and brand appeal.
- Improved Profitability: Adjusted earnings per share (EPS) surged 68% from $0.74 to $1.24, exceeding the analyst estimate of $0.72, reflecting the company's success in cost control and operational efficiency.
- Rhode Brand Contribution: The Rhode brand contributed $128 million in revenue during the quarter, bolstered by its successful launch at Sephora, further solidifying e.l.f.'s position in the rapidly growing beauty market.
- Optimistic Outlook: e.l.f. raised its fiscal 2026 sales guidance to an increase of 22% to 33%, with Rhode expected to contribute $260 million to $265 million in revenue, demonstrating the company's confidence in future growth and strategic positioning.
See More
2016 Nostalgia Sparks Retail Revival Potential
- Social Media Surge: Since January 1, user-generated '2016' playlists on Spotify have surged by 790%, indicating a strong nostalgic sentiment among young consumers that could drive sales for brands associated with that era.
- Return to Brick-and-Mortar: Young consumers are rediscovering the joy of in-store shopping, reflecting a longing for the carefree atmosphere of 2016, which may lead to improved performance for retailers.
- Brand Opportunities: Brands like Abercrombie & Fitch could leverage this nostalgia wave to reshape their image, particularly if they successfully distance themselves from past controversies, potentially attracting more young consumers.
- Market Outlook: Retail trends typically last about 18 months, and this nostalgia cycle is expected to persist through the midterm elections this year, possibly extending into next year, providing long-term market opportunities for related brands.
See More
Gen Z's Nostalgia for 2016 and Its Impact on Retail
- Nostalgia Trend Emergence: Gen Z's nostalgia for 2016 has rapidly spread across social media, with Spotify user-generated '2016' playlists soaring by 790% since January 1, indicating a strong yearning for the cultural elements of that time, potentially driving a revival for related brands.
- Return to Brick-and-Mortar: Young consumers are rediscovering the appeal of in-store shopping after years dominated by e-commerce, reflecting a longing for the carefree and familiar comfort of 2016, which could stimulate a retail resurgence.
- Brand Opportunities Arise: Brands like Abercrombie & Fitch and Levi Strauss, which held significant cultural relevance in 2016, may leverage this nostalgia wave to regain market traction, especially as consumers show renewed interest in classic styles.
- Market Strategy Adjustments: As nostalgia rises, brands must adjust their market strategies to align with Gen Z's desire for authenticity and less intentionality, with successful brands likely to harness this emotional connection to reshape their cultural relevance.
See More
U.S. Stocks Hit Historic Highs as Tech Stocks Rebound
- Dow Jones Milestone: The Dow Jones Industrial Average surpassed the 50,000 mark for the first time, reflecting renewed investor confidence in technology and semiconductor stocks, which may drive future investment enthusiasm.
- Tech Stock Recovery: Despite a severe selloff in software and AI-related stocks leading to one of the sharpest pullbacks in years, the market's rebound before the weekend indicates sustained investor interest in tech stocks, potentially boosting earnings for related companies.
- Improved Market Breadth: Financials, industrials, and select consumer names joined the rally, indicating improved market sentiment, while Bitcoin's rebound also lifted crypto-linked stocks, showcasing investors' preference for diversified investments.
- Analysts Warn of Volatility: Despite a strong market finish, analysts caution that volatility remains high, urging investors to closely monitor upcoming earnings reports and Federal Reserve policy signals to assess the sustainability of massive AI spending.
See More
e.l.f. Beauty Shows Signs of Recovery: Positive Changes Ahead
Company Performance: e.l.f. Beauty reported a strong fiscal Q3 2026, with a revenue increase of 37.8% to $489.5 million, driven by solid retail and e-commerce performance, particularly in the UK market.
Market Resilience: Despite previous struggles in 2025, consumer resilience has been noted, with the cosmetic market remaining stable and e.l.f. Beauty exceeding low analyst expectations, leading to optimistic guidance for future growth.
Analyst Sentiment: Analysts have raised their price targets for e.l.f. Beauty, reflecting confidence in the company's growth trajectory, although concerns about valuation and market dynamics persist.
Future Outlook: The company is expected to continue its upward trend, with forecasts suggesting over 20% growth in 2026, supported by a healthy cash flow and rising equity, despite potential risks related to market distribution.
See More
e.l.f. Beauty Surprises with Q3 Results, Stock Reversal Presents Buying Opportunity
- Significant Sales Growth: e.l.f. Beauty reported a 38% year-over-year sales increase in Q3 2023, reaching $489.5 million, significantly exceeding the analyst consensus of $460 million, indicating robust market demand and brand appeal.
- Enhanced Profitability: Adjusted earnings per share (EPS) surged 68% from $0.74 to $1.24, surpassing the analyst expectation of $0.72, reflecting the company's success in cost control and operational efficiency.
- Market Share Expansion: The e.l.f. brand gained 130 basis points in the mass cosmetics market, with U.S. and international revenues rising 36% and 44% respectively, despite weak consumption in the U.K., showcasing the brand's global appeal.
- Optimistic Outlook: The company raised its fiscal 2026 sales guidance to a growth range of 22% to 33%, expecting Rhode to contribute $260 million to $265 million in revenue, demonstrating confidence in future growth and strategic positioning.
See More
e.l.f. Beauty Reports Strong Q3 Results Exceeding Expectations
- Significant Sales Growth: e.l.f. Beauty's Q3 sales soared 38% year-over-year to $489.5 million, easily surpassing the analyst consensus of $460 million, indicating strong market demand and brand appeal.
- Improved Profitability: Adjusted earnings per share (EPS) surged 68% from $0.74 to $1.24, exceeding the analyst estimate of $0.72, reflecting the company's success in cost control and operational efficiency.
- Rhode Brand Contribution: The Rhode brand contributed $128 million in revenue during the quarter, bolstered by its successful launch at Sephora, further solidifying e.l.f.'s position in the rapidly growing beauty market.
- Optimistic Outlook: e.l.f. raised its fiscal 2026 sales guidance to an increase of 22% to 33%, with Rhode expected to contribute $260 million to $265 million in revenue, demonstrating the company's confidence in future growth and strategic positioning.
See More
2016 Nostalgia Sparks Retail Revival Potential
- Social Media Surge: Since January 1, user-generated '2016' playlists on Spotify have surged by 790%, indicating a strong nostalgic sentiment among young consumers that could drive sales for brands associated with that era.
- Return to Brick-and-Mortar: Young consumers are rediscovering the joy of in-store shopping, reflecting a longing for the carefree atmosphere of 2016, which may lead to improved performance for retailers.
- Brand Opportunities: Brands like Abercrombie & Fitch could leverage this nostalgia wave to reshape their image, particularly if they successfully distance themselves from past controversies, potentially attracting more young consumers.
- Market Outlook: Retail trends typically last about 18 months, and this nostalgia cycle is expected to persist through the midterm elections this year, possibly extending into next year, providing long-term market opportunities for related brands.
See More
Gen Z's Nostalgia for 2016 and Its Impact on Retail
- Nostalgia Trend Emergence: Gen Z's nostalgia for 2016 has rapidly spread across social media, with Spotify user-generated '2016' playlists soaring by 790% since January 1, indicating a strong yearning for the cultural elements of that time, potentially driving a revival for related brands.
- Return to Brick-and-Mortar: Young consumers are rediscovering the appeal of in-store shopping after years dominated by e-commerce, reflecting a longing for the carefree and familiar comfort of 2016, which could stimulate a retail resurgence.
- Brand Opportunities Arise: Brands like Abercrombie & Fitch and Levi Strauss, which held significant cultural relevance in 2016, may leverage this nostalgia wave to regain market traction, especially as consumers show renewed interest in classic styles.
- Market Strategy Adjustments: As nostalgia rises, brands must adjust their market strategies to align with Gen Z's desire for authenticity and less intentionality, with successful brands likely to harness this emotional connection to reshape their cultural relevance.
See More
U.S. Stocks Hit Historic Highs as Tech Stocks Rebound
- Dow Jones Milestone: The Dow Jones Industrial Average surpassed the 50,000 mark for the first time, reflecting renewed investor confidence in technology and semiconductor stocks, which may drive future investment enthusiasm.
- Tech Stock Recovery: Despite a severe selloff in software and AI-related stocks leading to one of the sharpest pullbacks in years, the market's rebound before the weekend indicates sustained investor interest in tech stocks, potentially boosting earnings for related companies.
- Improved Market Breadth: Financials, industrials, and select consumer names joined the rally, indicating improved market sentiment, while Bitcoin's rebound also lifted crypto-linked stocks, showcasing investors' preference for diversified investments.
- Analysts Warn of Volatility: Despite a strong market finish, analysts caution that volatility remains high, urging investors to closely monitor upcoming earnings reports and Federal Reserve policy signals to assess the sustainability of massive AI spending.
See More
