e.l.f. Beauty (ELF) Raises Guidance, Is The Stock Fully Priced?

e.l.f. Beauty (ELF) kicked off fiscal 2027 with strong earnings that outpaced expectations, helped by high demand for Rhode products and faster international sales. This prompted management to raise full year revenue and adjusted earnings guidance.
Against this backdrop, e.l.f. Beauty’s recent momentum has been strong, with the 30 day share price return of 26.98% and 90 day share price return of 121.24% suggesting investors are reacting positively to the raised guidance, even though the 1…

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