Zacks Research upgraded e.l.f. Beauty from hold to strong-buy on August 14, 2026. This action follows price target increases from Jefferies Financial Group and Canaccord Genuity Group in late July.
The company reported quarterly earnings on August 5. Earnings per share reached $1.75, significantly beating the $0.71 consensus estimate. Revenue rose 35.5% year-over-year to $479.37 million.
The report also noted insider sales transactions during early August.