UBS Lowers e.l.f. Beauty (ELF) Price Target to $112.00, Maintains Neutral Rating

UBS analyst Peter Grom lowered the price target for e.l.f. Beauty (ELF) from $120.00 to $112.00 while maintaining a Neutral rating. The average one-year price target for ELF is $131.42, with a high estimate of $150.00 and a low estimate of $105.00, implying a 33.87% upside from the current price of $98.17. The average brokerage recommendation is 1.9, indicating an "Outperform" status. The estimated GF Value for ELF in one year is $236.01, suggesting a 140.41% upside from the current price.

UBS analyst Peter Grom recently lowered the price target for e.l.f. Beauty Inc. (ELF) from $120.00 to $112.00 while maintaining a Neutral rating. This adjustment comes after the company reported its first-quarter fiscal 2026 results, which included a 9% increase in net sales to $354 million and earnings per share of $0.89, surpassing analyst expectations [2].

The average one-year price target for ELF, as of July 2, 2025, is $131.42, with a high estimate of $150.00 and a low estimate of $105.00. This suggests an average upside of 33.87% from the current price of $98.17 [3]. The average brokerage recommendation is 1.9, indicating an "Outperform" status, reflecting the general optimism among analysts about ELF's prospects [3].

The company's impressive gross profit margins of 70.67% and strong sales growth of 9.0% year-over-year demonstrate its pricing power and market resilience [2]. However, tariff pressures from Chinese manufacturing exposure remain a key concern, with gross margins declining 215 basis points in the first quarter [2]. Despite these challenges, analysts believe ELF is well-positioned for long-term success due to its core brand's market share gains and growth opportunities from its Naturium and Rhode brands [2].

The estimated GF Value for ELF in one year is $236.01, suggesting a potential upside of 140.41% from the current price of $98.17 [3]. This valuation is based on historical multiples and future estimates of the company's performance [3].

References:
[1] https://www.benzinga.com/analyst-stock-ratings/price-target/25/08/46976537/these-analysts-revise-their-forecasts-on-e-l-f-beauty-after-q1-results
[2] https://www.investing.com/news/analyst-ratings/elf-beauty-stock-price-target-lowered-to-128-at-canaccord-on-tariff-concerns-93CH-4176435
[3] https://www.gurufocus.com/news/3047150/elf-beauty-elf-canaccord-genuity-lowers-price-target-maintains-buy-rating-elf-stock-news