ELF Beauty Inc logo

ELF Beauty Inc(ELF)

Top Performer Top performer
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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
5-STAR RATING
STRONG BUY
BUY for 21 days
PROFIT SINCE LAST BUY
+6.33% ▲
LAST CLOSE
$116.14
11/06/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
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Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for ELF

11/06/2026: ELF (5-star) is a STRONG-BUY. BUY for 21 days. Simulated Profits (6.33%). Updated daily EoD!

e.l.f. Beauty is a high-growth cosmetic and skincare company recognized for its agile, digital-first approach to the value-driven beauty market. The company has a leading position in the 'masstige' category, successfully utilizing viral social media strategies and a responsive supply chain to drive product popularity. Its primary growth story revolves around international expansion and the integration of new brands like Naturium to capture deeper skincare market share. However, investors face risks regarding intense competition from global beauty giants, sensitivity to promotional costs, and retail partner reliance. The stock may best suit growth-oriented investors who are willing to navigate the inherent volatility of a high-valuation consumer company.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company exhibits strong revenue growth and continues to expand its addressable market.
Momentum investorStrong fit while signal remains positiveThe stock often tracks with strong positive sales momentum and viral product success.
Value investorMixed fitWhile the product is value-oriented, the stock often trades at a premium multiple reflecting its growth potential.
Dividend investorWeak fitThe company does not pay dividends, prioritizing capital reinvestment.
Low-risk investorWeak fitHigh growth stocks in the consumer discretionary sector are typically subject to significant market volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighAs a high-growth consumer stock, price fluctuations can be frequent based on sentiment and earnings cycles.
Valuation riskMedium / highHigh P/E ratios mean the stock price is sensitive to any deceleration in growth.
Competition risk (Beauty market)HighThe beauty industry is fiercely competitive with low barriers to entry for new, trend-driven entrants.
Business qualityStrongThe company has demonstrated a resilient and scalable business model with strong brand affinity.
Dividend incomeLow / noneInvestors should not expect income generation from this holding.
Execution riskMediumSuccessfully integrating acquisitions and maintaining pace in international markets is critical for long-term growth.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit 216.39%
Avg. Invested days 39
Today’s Advisory Strong Buy
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/06/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ELF receives a 3-star rating, supported by solid company fundamentals, and solid analyst coverage. The rating is constrained by weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
ELF has solid overall fundamentals (4 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2026 versus FY2025, solid cash generation (FCF margin 11.6%) and solid revenue growth (+24.6%) are partially offset by negative earnings growth (-76.5%), soft profitability (net margin 1.6%), modest insider ownership of 2.86%.

Financial Health Rating

★★★★★
ELF's financial health is supported by solid cash strength, including free-cash-flow generation (11.6% of revenue). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is ELF's strongest growth driver at +64.8% FY2026 versus FY2025 (strong, 5 stars). By comparison, revenue growth (+24.6%, solid) is also solid, while earnings growth (-76.5%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 96.7% and approximately 97.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 2.86% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

Baillie Gifford & Co Limited. 11.92%
BlackRock Inc 9.78%
Vanguard Portfolio Management, LLC 4.66%
Vanguard Capital Management, LLC 4.37%
JPMorgan Chase & Co 3.31%

Unit Economics (Per $1K Revenue)

★★★★★
ELF generates approximately $707 of gross profit, $80 of operating income, and $116 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Moderate margins and solid cash conversion support a 3-star rating, while capital efficiency is soft.

Economic Dimensions

★★★★★
Effective Tax Rate: 34.95%

Quantitative Style Profile

★★★★★
ELF has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.87B USD
Price to earnings Ratio 81.79
1Y Target Price 123.75
Price to earnings Ratio 81.79
1Y Target Price 123.75
Volume (30-day avg) 1.4M shares
Beta 1.58
52 Weeks Range 48.82 - 123.13
Updated Date 11/08/2026
52 Weeks Range 48.82 - 123.13
Updated Date 11/08/2026
Dividends yield (FY) -
Basic EPS (TTM) 1.42

How Company Makes Money

Business areaWhat it includesRetail investor read
CosmeticsIncludes products like Power Grip Primer and Camo Concealer sold via retailers and e-commerce.This is the primary engine of revenue, driven by high-velocity makeup product sales.
SkincareIncludes brands like Naturium and Holy Hydration! skincare lines.A high-growth segment leveraging ingredient-based science for repeat purchasing.
GeographyPrimary operations in the US, with growing international distribution.The company is successfully expanding its brand reach beyond its traditional US stronghold.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2026-11-04
When After Market
Estimate 0.37
Actual 0.8

Profitability

Profit Margin 4.47%
Operating Margin (TTM) 13.15%

Management Effectiveness

Return on Assets (TTM) 5.44%
Return on Equity (TTM) 7.33%

Valuation

Trailing PE 81.79
Forward PE 39.84
Enterprise Value 7.44B
Price to Sales(TTM) 3.54
Enterprise Value 7.44B
Price to Sales(TTM) 3.54
Enterprise Value to Revenue 3.84
Enterprise Value to EBITDA 27
Shares Outstanding 59.15M
Shares Floating 57.54M
Shares Outstanding 59.15M
Shares Floating 57.54M
Percent Insiders 2.86
Percent Institutions 96.73

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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