On November 6, e.l.f. Beauty Inc. rose 5.99% in Regular Trading, trading at $116.16 per share, with turnover of $18.06 million.

The move follows the company’s latest quarterly report, which showed results well above market expectations and included higher full-year guidance.

For fiscal Q2, adjusted EPS came in at $1.20 to $1.21, versus consensus expectations of about $0.59, while revenue was about $520.8 million, ahead of expectations near $470.3 million. Management also raised fiscal 2027 revenue guidance to $2.00 billion to $2.03 billion and lifted adjusted EPS guidance to $3.82 to $3.86, both above analyst expectations. The company also said it has now delivered 31 consecutive quarters of net sales growth, with quarterly net sales up 51% year over year. Separately, an analyst raised its price target to $140 from $115 while maintaining a buy rating, reinforcing the positive reaction.

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