Evercore ISI Group maintains e.l.f. Beauty at In-Line, raises price target to $115 from $100

e.l.f. Beauty (ELF) reported Q2 net sales growth of 51% and raised its fiscal 2027 outlook. Adjusted EBITDA rose 86% to $123M, and adjusted net income reached $73M. Management expects margin pressure due to Rhode's expansion and tough launch comparisons.

e.l.f. Beauty (ELF) shares rose 8.5% after Q2 2027 results beat estimates, with revenue up 51.4% YoY to $520.8M. The company raised its full-year outlook, including revenue to $2.02B and adjusted earnings to $3.84. ELF has seen significant volatility, up 51.6% YTD and at a 52-week high of $118.00.

e.l.f. Beauty (ELF) reported a 51% sales surge in Q2 2027, raising its full-year outlook to 9-11% growth. Gross margins are expected to decline due to retail expansion and increased marketing spend. The company faces tough Q4 comparisons from prior-year launches. ELF Hair and rhode's international expansion show strong early results. Tariff refunds will be reinvested, neutralizing their impact on adjusted EBITDA. Naturium and ELF brands also show growth opportunities.

ELF Beauty Inc (ELF) reported Q2 FY2027 earnings with revenue of $520.8M, beating estimates, and raised guidance. The stock initially surged but later declined. Key questions remain about the durability of the rhode brand and the health of the core e.l.f. brand. Next catalysts include Q3 earnings, rhode Europe sell-through, and hair care launch.

e.l.f. Beauty (ELF) reported Q2 gross margin at 71% and adjusted EBITDA up 86% YoY to $123M. The company raised its adjusted EBITDA forecast to $421M-$427M and adjusted EPS to $3.82-$3.86. Full-year organic sales growth is now expected at 9%-11%. The company plans to reinvest $52M in tariff refunds into pricing and marketing. Growth is driven by brands like rhode and new categories such as e.l.f. Hair and e.l.f. POP.

E.l.f. Beauty (ELF) reported Q2 net sales of $520.8M, up 51% YoY, beating estimates. Adjusted EPS rose to $1.21. Gross margin widened to 71%. The company raised its fiscal 2027 outlook for net sales, adjusted EBITDA, and adjusted EPS.