Morgan Stanley lifts target for e.l.f. Beauty stock to USD 103.00

Published on 10/17/2026 at 19:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 35.50 percent to USD 479.37 million in first-quarter 2027. e.l.f. Beauty stock stood at USD 113.54 on October 16, 2026, down 2.21 percent.

Analyst target moves higher

Morgan Stanley lifted its e.l.f. Beauty target to USD 103.00 on October 15, 2026.
Revenue rose 35.50 percent to USD 479.37 million in the first quarter of fiscal 2027.
e.l.f. Beauty stock stood at USD 113.54 on October 16, 2026 at 4:00 p.m. EDT, down 2.21 percent from USD 116.11.
The next estimated earnings date is November 4, 2026.

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On October 15, 2026, Morgan Stanley raised its price target for e.l.f. Beauty from USD 90.00 to USD 103.00 while retaining an Equal Weight rating, as Markets Insider reported. The USD 103.00 target sits 9.28 percent below the USD 113.54 latest NYSE price. e.l.f. Beauty stock stood at USD 113.54 on October 16, 2026 at 4:00 p.m. EDT, down 2.21 percent from USD 116.11.

Revenue reached USD 479.37 million

e.l.f. Beauty's first-quarter fiscal 2027 revenue rose 35.50 percent to USD 479.37 million, while earnings reached USD 66.60 million. The period also produced adjusted earnings per share of USD 1.75, compared with an estimate of USD 0.72, according to Yahoo Finance. The revenue figure is the stronger operating signal because it shows continued expansion alongside the company's beauty portfolio.

Price remains below the yearly high

The latest USD 113.54 price was 17.44 percent below the 52-week high of USD 137.53 and USD 64.72 above the 52-week low of USD 48.82 on October 16, 2026. The stock's year-to-date performance was plus 49.32 percent, while volume reached 1,616,414 shares against an average of 1,845,845 shares.

Valuation and the next date

e.l.f. Beauty carried a market capitalization of USD 6.70 billion and a trailing price-to-earnings ratio of 113.51 on October 16, 2026. The next estimated earnings date is November 4, 2026, according to Yahoo Finance. That calendar date gives investors the next scheduled checkpoint for revenue and profit trends.

Comparison with peers

e.l.f. Beauty (NYSE, USD): minus 2.21 percent, P/E 113.51, market capitalization USD 6.70 billion.

Ulta Beauty (NASDAQ, USD): minus 2.68 percent, P/E 21.59, market capitalization USD 25.40 billion.

Coty (NYSE, USD): plus 0.31 percent, P/E minus 4.60, market capitalization USD 2.80 billion.

Latest NYSE price

The stock's valuation remains tied to its growth profile, with the first-quarter revenue increase contrasting with a triple-digit trailing price-to-earnings ratio. The next earnings date on November 4, 2026 will provide the next dated test of that balance.

Market context: Market report S&P 500.