e.l.f. Beauty shares jump 9% after strong Q4 and upbeat 2027 outlook

e.l.f. Beauty reported a strong fiscal Q4 with 35% year-over-year revenue growth and a 73% gross margin, beating market expectations. The company also issued robust guidance for fiscal year 2027, boosting investor confidence and lifting shares by 9%. Despite risks like potential volume weakness and innovation challenges, the stock trades at a reasonable mid-teens P/E with a $74 price target, suggesting about 20% upside. Positive technical trends and improving macroeconomic conditions support a favorable risk-reward profile for investors.