Canaccord raises target for e.l.f. Beauty stock to USD 137.00

Published on 10/27/2026 at 20:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

e.l.f. Beauty reports results on November 4, 2026. e.l.f. Beauty stock costs EUR 101.90 on October 27, 2026 versus EUR 102.60 at Tradegate.

Analyst target and reporting date

Canaccord Genuity raised its e.l.f. Beauty target to USD 137.00 from USD 123.00 on October 22, 2026.
First-quarter fiscal 2027 revenue rose 35.50 percent to USD 479.37 million, while adjusted earnings per share reached USD 1.75 versus USD 0.71 consensus.
e.l.f. Beauty stock costs EUR 101.90 at Lang & Schwarz on October 27, 2026 at 8:37 p.m. CEST.
The company will discuss second-quarter fiscal 2027 results on November 4, 2026.

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Canaccord Genuity raised its price target for e.l.f. Beauty from USD 123.00 to USD 137.00 on October 22, 2026, according to Yahoo Finance. e.l.f. Beauty stock was trading at EUR 101.90 at Lang & Schwarz on October 27, 2026 at 8:37 p.m. CEST.

Canaccord target reaches USD 137.00

The latest analyst move keeps the focus on expectations before the company reports its second-quarter fiscal 2027 results. Canaccord maintained its Buy rating while lifting the target by USD 14.00, a 11.38 percent increase from the previous USD 123.00 target, the same Yahoo Finance report said.

Revenue growth sets the next test

e.l.f. Beauty generated USD 479.37 million of revenue in the first quarter of fiscal 2027, up 35.50 percent from the prior-year period. MarketBeat reported adjusted earnings per share of USD 1.75 for that quarter, compared with USD 0.71 consensus, while the company's fiscal 2027 adjusted earnings-per-share guidance stood at USD 3.50 to USD 3.55.

The operating picture gives the target increase a measurable reference point. First-quarter operating profit was USD 102.44 million and net income was USD 66.60 million, based on the period ending June 30, 2026. Revenue therefore exceeded the USD 431.20 million consensus cited by MarketBeat by USD 48.17 million.

Price and valuation frame

On the New York Stock Exchange, e.l.f. Beauty last traded at USD 110.75 at 10:19 a.m. EDT on October 27, 2026. The same-day USD 48.82 to USD 132.37 52-week range places the stock USD 21.62 below its high, while its market capitalization was USD 6.5 billion. The trailing price-to-earnings ratio was 112.86.

November 4 results date

e.l.f. Beauty will discuss its second-quarter fiscal 2027 results on November 4, 2026, at 4:30 p.m. Eastern Time. The date was announced by the company on October 21, 2026, in a release carried on its investor-relations site. The webcast will be hosted by CEO Tarang Amin and CFO Mandy Fields.

Stock position

The current setup combines a higher analyst target with a clearly dated earnings catalyst. The next report will show whether the 35.50 percent first-quarter revenue growth can continue while the company works within its fiscal 2027 earnings-per-share guidance range.

The further course of trading is shown by the continuously updated real-time quote of elf Beauty stock.