The latest elf stock price forecast suggests potential upward momentum as the beauty category continues to outperform broader retail, with analysts eyeing a 5–8% revenue bump in the next quarter based on recent e-commerce sales data. e.l.f is the number one brand at Target, with over 20% of the market. It also moved up to the number 2 spot at Walmart. The company had 6 of the top 10 new makeup product launches in 2024. Although the overall sales forecast for FY25 was slightly lowered to 27% to 28% growth, e.l.f. Beauty Inc. (NYSE:ELF) plans to continue introducing new versions of popular products. On April 9, Canaccord analyst Susan Anderson expressed that the weakness in the company’s shares due to the tariff situation in the country presents a buying opportunity. The firm has a Buy rating and $105 price target on ELF stock. Smart Portfolio is supported by our partner TipRanks. By connecting my portfolio to TipRanks Smart Portfolio I agree to their Terms of Use . The elf stock price forecast reflects consistent outperform ratings from brokerage houses following back-to-back earnings beats in 2023 and early