What is Morgan Stanley's price target for ELF?

Morgan Stanley's latest stated price target for e.l.f. Beauty Inc. (ELF) is $67, from its action on May 1, 2026.

What is Morgan Stanley's rating on ELF?

Morgan Stanley rates ELF Equal-Weight, a neutral rating, as of May 1, 2026.

When did Morgan Stanley last change its view on ELF?

On May 1, 2026, Morgan Stanley downgrades to Equal-Weight from Overweight, price target $67.

Morgan Stanley ELF price target and rating history

e.l.f. Beauty Inc. (ELF) · Consumer Discretionary

Morgan Stanley rates e.l.f. Beauty Inc. (ELF) Equal-Weight with a $67 price target, as of its latest action on May 1, 2026. It has published 5 rating actions on ELF since January 2024, including 1 upgrade and 3 downgrades. Across 6 firms with a ELF price target in the last 12 months, the median target is $103.50. Morgan Stanley's $67 is 35% below that.

Current rating: Equal-Weight
Price target: $67
Median target, all firms: $103.50
Actions on ELF: 5

Morgan Stanley price target on ELF

Morgan Stanley price target on ELF, each point a stated target, January 2024 to May 2026.

Every Morgan Stanley rating on ELF

May 1, 2026
DowngradeMorgan Stanley downgrades to Equal-Weight from Overweight, price target $67
Oct 8, 2025
ReiterateMorgan Stanley raises its price target to $170 from $134, keeps Overweight
Feb 7, 2025
DowngradeMorgan Stanley downgrades to Equal-Weight from Overweight, price target $153 to $70
Jan 13, 2025
UpgradeMorgan Stanley upgrades to Overweight from Equal-Weight, price target $139 to $153
Jan 22, 2024
DowngradeMorgan Stanley downgrades to Equal-Weight from Overweight, price target $137 to $168

How other firms rate ELF

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
Bernstein	Outperform	$113	Aug 5, 2026
Canaccord Genuity	Buy	$97	Jul 17, 2026
Morgan Stanley	Equal-Weight	$67	May 1, 2026
Evercore ISI	In-line	$68	Apr 3, 2026
Citigroup	Buy	$110	Jan 23, 2026
Jefferies	Buy	$110	Jan 14, 2026

Questions about Morgan Stanley and ELF

What is Morgan Stanley's price target for ELF?: Morgan Stanley's latest stated price target for e.l.f. Beauty Inc. (ELF) is $67, from its action on May 1, 2026.
What is Morgan Stanley's rating on ELF?: Morgan Stanley rates ELF Equal-Weight, a neutral rating, as of May 1, 2026.
When did Morgan Stanley last change its view on ELF?: On May 1, 2026, Morgan Stanley downgrades to Equal-Weight from Overweight, price target $67.
How does Morgan Stanley's ELF target compare with other analysts?: Across 6 firms with a ELF price target in the last 12 months, the median target is $103.50. Morgan Stanley's $67 is 35% below that.

More ELF rating histories

All Morgan Stanley ratings ELF news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.