e.l.f. Beauty Trading Volume Plummets 36.27% to 535th Rank Despite Stock Price Surge

On June 23, 2025, e.l.f. Beauty (ELF) saw a significant drop in trading volume, with a total of 1.86 billion shares traded, marking a 36.27% decrease from the previous day. This decline placed the company at the 535th position in terms of trading volume for the day. Despite the drop in volume, the stock price of e.l.f. Beauty rose by 2.72%.

Bank of America recently increased their target price for e.l.f. Beauty from $113.00 to $135.00 and maintained a "buy" rating for the company. This adjustment reflects a positive outlook on the company's future performance.

Jefferies also raised its price target for e.l.f. Beauty, increasing it from $115.00 to $150.00. This move indicates a strong confidence in the company's growth potential and its ability to deliver value to investors.