Jul. 3 at 3:58 AM
$ELF Healthy breather to
$73-74, then next stop
$94 on a huge run up to earnings. Then we get really nice increased guidance (thanks rhode) not to mention tariff relief, core brand reaccelerating, wildly successful new drops, easing economics etc etc. Next thing you know we’re at
$120 and that seems fair, but no, euphoria run to
$150 Elf is a wall street sweetheart boasting a well deserved high forward PE once again. 2-3 quarters later with excellent management execution we’re testing all time highs again. Listen everybody, fully bullish prediction here and everything has to go right. But look at this stock price history, it runs massively and i believe we’re headed for a perfect storm. You don’t come across opportunities like this everyday, retail isn’t packed in like it absolutely could be like sofi, celh, now. We’re quietly running incredibly hard without all the noise & attention. Underratedly important to a massive run. Things can move real fast at sub
$5B valuations like elf.
