Wall Street sentiment toward "elf stock forecast 2025" holds strong, as analyst upgrades align with above-average PEG ratios. Momentum traders highlight breakout potential above $140 with sustained trading volume trends. As it turns out, the more optimistic analysts were spot-on, as e.l.f. Beauty’s fourth-quarter 2024 net revenue rocketed 71% higher year-over-year to $321.1 million. This result easily surpassed the consensus estimate of $293.2 million in quarterly revenue. We have seen 233 institutional investors add shares of $ELF stock to their portfolio, and 298 decrease their positions in their most recent quarter. Technical chart patterns for "elf stock forecast 2025" reveal a supported uptrend channel, with analysts expecting breakout momentum if Q1 2025 earnings beat estimates. RSI readings suggest accumulation phases, a common bullish precursor in high-growth equities.
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