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Elf Beauty Raises FY26 Forecasts Amid Strong Q3 Results
Elf Beauty (ELF) reported robust Q3 results, including a 38% surge in net sales and an EPS of $1.24, significantly beating analyst expectations. This strong performance led the company to raise its FY26 EPS and revenue forecasts, now projecting an EPS range of $3.05-$3.10, indicating continued market dominance and investor confidence. Analysts from Citi and JPMorgan have also increased their price targets for the stock, reinforcing a bullish outlook for ELF.