Momentum indicators for "elf stock forecast 2025" suggest sustained accumulation, with institutional buying trends aligning with higher earnings visibility. This supports upside bias in market models. For example, according to TheFly , Canaccord analyst Susan Anderson previewed e.l.f. Beauty’s fourth-quarter results and remained bullish on ELF stock “due to continued strong demand across the entire portfolio.” However, the Canaccord analyst expected e.l.f. Beauty to “guide typically conservative with the top line potentially in the teens range” – but we’ll get to that topic in a moment. In any case, Canaccord reiterated its Buy rating as well as its $214 price target on e.l.f. Beauty stock. Multiple analysts have issued price targets for $ELF recently. We have seen 14 analysts offer price targets for $ELF in the last 6 months, with a median target of $123.5. Institutional flows for "elf stock forecast 2025" show increased fund holdings, signaling confidence in top-line growth surpassing sector averages. Divergence between price action and core financial ratios remains minimal, underscoring a technically healthy trend.