e.l.f. Beauty (NYSE:ELF) Downgraded to Hold Rating by Zacks Research

Posted by Brian Himes on Sep 12th, 2026

e.l.f. Beauty (NYSE:ELF – Get Free Report) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, Zacks reports.

A number of other research firms also recently weighed in on ELF. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $64.00 price target on shares of e.l.f. Beauty in a research report on Tuesday, June 16th. Raymond James Financial increased their price target on e.l.f. Beauty from $85.00 to $87.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, July 14th. UBS Group raised their price objective on e.l.f. Beauty from $80.00 to $89.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Piper Sandler lifted their price objective on e.l.f. Beauty from $50.00 to $65.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Finally, Citigroup upped their target price on e.l.f. Beauty from $87.00 to $92.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, e.l.f. Beauty presently has an average rating of “Moderate Buy” and a consensus target price of $92.12.

Check Out Our Latest Stock Report on ELF

e.l.f. Beauty Price Performance

Shares of NYSE ELF opened at $96.85 on Thursday. The firm has a market cap of $5.72 billion, a P/E ratio of 96.85, a price-to-earnings-growth ratio of 2.97 and a beta of 1.60. The business’s 50 day moving average is $90.57 and its 200-day moving average is $74.55. The company has a current ratio of 2.55, a quick ratio of 1.82 and a debt-to-equity ratio of 0.69. e.l.f. Beauty has a 1-year low of $48.82 and a 1-year high of $150.99.

e.l.f. Beauty (NYSE:ELF – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $1.04. The firm had revenue of $479.37 million for the quarter, compared to analyst estimates of $431.20 million. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The company’s revenue for the quarter was up 35.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.89 EPS. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Equities research analysts predict that e.l.f. Beauty will post 2.64 earnings per share for the current year.

Insider Transactions at e.l.f. Beauty

In related news, CEO Tarang Amin sold 50,164 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $78.24, for a total transaction of $3,924,831.36. Following the completion of the transaction, the chief executive officer directly owned 110,496 shares in the company, valued at $8,645,207.04. This represents a 31.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Joshua Franks sold 5,718 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $100.00, for a total transaction of $571,800.00. Following the completion of the transaction, the senior vice president directly owned 144,309 shares of the company’s stock, valued at approximately $14,430,900. The trade was a 3.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 116,223 shares of company stock valued at $10,000,410. Company insiders own 3.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new position in e.l.f. Beauty in the second quarter valued at about $428,262,000. California State Teachers Retirement System increased its position in e.l.f. Beauty by 7,535.2% in the 2nd quarter. California State Teachers Retirement System now owns 5,073,366 shares of the company’s stock valued at $375,429,000 after acquiring an additional 5,006,919 shares during the period. Price T Rowe Associates Inc. MD increased its position in e.l.f. Beauty by 47.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock valued at $167,086,000 after acquiring an additional 711,540 shares during the period. State Street Corp raised its stake in shares of e.l.f. Beauty by 0.8% during the fourth quarter. State Street Corp now owns 1,737,181 shares of the company’s stock valued at $132,095,000 after acquiring an additional 13,231 shares during the last quarter. Finally, Swedbank AB raised its stake in shares of e.l.f. Beauty by 97.0% during the fourth quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock valued at $103,779,000 after acquiring an additional 672,071 shares during the last quarter. 92.44% of the stock is currently owned by institutional investors and hedge funds.

About e.l.f. Beauty

(Get Free Report)

e.l.f. Beauty, Inc develops, markets and sells cosmetics, skin care and beauty products. Its portfolio includes e.l.f. Cosmetics, which offers makeup, skin care, tools and accessories, as well as brands such as Naturium, W3LL PEOPLE and Keys Soulcare. The company positions its products as accessible and affordable alternatives across a range of beauty categories.

Founded in 2004, e.l.f. Beauty distributes its products through mass retailers, specialty beauty stores, direct-to-consumer websites and other digital channels.