DA Davidson Reiterates Neutral Rating on e.l.f. Beauty (ELF)

DA Davidson analyst Linda Weiser reiterated a Neutral rating and $75.00 price target on e.l.f. Beauty (NYSE: ELF).

The analyst commented, "NEUTRAL-rated ELF's U.S. tracked channel POS continued to be weak in the two weeks ended March 8th. For the March quarter-to-date, Y/Y growth notched slightly higher to +0.1% from -0.8% two weeks ago. POS was down Y/Y in 6 of the last 10 weeks. ELF's F4Q25 guidance for sales -1% to +3% Y/Y looks potentially beatable because of the high international growth. However, we are concerned that FY26 guidance could miss the Street's sales +11% and EBITDA +12%. Recent new products seem iterative, but a major launch is being moved up to April from the summer. Our $75 PT is based on 14x our CY26E EBITDA of $314M."

For an analyst ratings summary and ratings history on e.l.f. Beauty click here. For more ratings news on e.l.f. Beauty click here.

Shares of e.l.f. Beauty closed at $63.62 yesterday.

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