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Investing.com -- Bernstein upgraded Elf Beauty to Outperform from Market-Perform and nearly doubled its price target to $113 from $60, citing a stronger-than-expected start to the company’s newly launched hair care line.
e. l. f. Beauty (NYSE:ELF) exceeded Wall Street expectations for its fourth-quarter performance on Wednesday but issued softer annual guidance, highlighting the growing impact of higher oil prices linked to the conflict involving Iran.
CEO Tarang Amin said e.l.f. delivered its 29th consecutive quarter of revenue growth, with fiscal 2026 net sales rising 25%.
NVIDIA's earnings grew +140% year over year, +85% on revenues. An $80B share repurchase was also announced.
e.l.f. Beauty (ELF) delivered earnings and revenue surprises of +10.00% and +5.51%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
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