Evolus (EOLS) Stock Overview
A performance beauty company, delivers products in the cash-pay aesthetic market in the United States, Canada, Europe, and Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
EOLS Community Fair Values
Create NarrativeSee what 30 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Evolus, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$7.86 |
| 52 Week High | US$9.31 |
| 52 Week Low | US$3.86 |
| Beta | 1.43 |
| 1 Month Change | -6.32% |
| 3 Month Change | 19.27% |
| 1 Year Change | 24.96% |
| 3 Year Change | -14.47% |
| 5 Year Change | -0.13% |
| Change since IPO | -31.65% |
Recent News & Updates
Narrative Update • Aug 20
EOLS: Index Inclusion And Injectables Expansion Will Support Bullish Multiyear Outlook
Analysts have raised their fair value estimate for Evolus from $6.10 to $12.00, citing updated assumptions for the discount rate, revenue growth, profit margins, and future P/E expectations. What’s in the News for Evolus Evolus raised earnings guidance for full year 2026, with total net revenue projected in a range of $330 million to $337 million, compared with the prior range of $327 million to $337 million.Seeking Alpha • Aug 11
Evolus: The Injectable Platform Is Becoming The Real Moat
Summary Evolus is evolving into a multi-product aesthetics platform, leveraging its distribution network and loyalty ecosystem to drive operating leverage and recurring revenue. Q2 2026 results showed 21% revenue growth, positive adjusted EBITDA, and raised guidance, with management projecting 2028 revenue of $450M–$500M and EBITDA margins of 13–15%. Evolus trades at a forward EV/Sales of 1.86, a 50% discount to sector median, but requires margin expansion to justify valuation as it transitions from single-product to platform economics. Execution risks include consumer demand sensitivity, intense competition, balance sheet leverage, and regulatory timing for pipeline products like Evolysse Sculpt and Profhilo. Read the full article on Seeking AlphaRecent updates
Narrative Update • Aug 20
EOLS: Index Inclusion And Injectables Expansion Will Support Bullish Multiyear Outlook
Analysts have raised their fair value estimate for Evolus from $6.10 to $12.00, citing updated assumptions for the discount rate, revenue growth, profit margins, and future P/E expectations. What’s in the News for Evolus Evolus raised earnings guidance for full year 2026, with total net revenue projected in a range of $330 million to $337 million, compared with the prior range of $327 million to $337 million.Seeking Alpha • Aug 11
Evolus: The Injectable Platform Is Becoming The Real Moat
Summary Evolus is evolving into a multi-product aesthetics platform, leveraging its distribution network and loyalty ecosystem to drive operating leverage and recurring revenue. Q2 2026 results showed 21% revenue growth, positive adjusted EBITDA, and raised guidance, with management projecting 2028 revenue of $450M–$500M and EBITDA margins of 13–15%. Evolus trades at a forward EV/Sales of 1.86, a 50% discount to sector median, but requires margin expansion to justify valuation as it transitions from single-product to platform economics. Execution risks include consumer demand sensitivity, intense competition, balance sheet leverage, and regulatory timing for pipeline products like Evolysse Sculpt and Profhilo. Read the full article on Seeking AlphaNarrative Update • Aug 06
EOLS: Index Addition And New Aesthetic Products Will Shape Balanced Outlook
Analysts have trimmed their fair value estimate for Evolus from $10.00 to $6.10, citing updated assumptions on discount rate, revenue growth, profit margins and future P/E that together point to a more conservative price target range. What’s in the News for Evolus Evolus entered into an exclusive licensing and distribution agreement with Swiss pharmaceutical company IBSA to develop and commercialize Profhilo in the United States.
Narrative Update • Jun 17
EOLS: International Filler Expansion Will Support Future Share Price Re Rating
Analysts currently keep their fair value estimate for Evolus steady at $14.67, indicating that the latest price target update reflects unchanged assumptions on discount rate, revenue growth, profit margin, and future P/E, rather than a shift in the underlying outlook. What’s in the News for Evolus Evolus plans to commercially launch its Estyme injectable hyaluronic acid gel collection in Europe on May 16, marking the company’s entry into the international dermal filler market.Narrative Update • Jun 03
EOLS: International Filler Launch And Margin Reset Will Support Future Re Rating
Analysts now hold the price target for Evolus steady at $14.67. This reflects updated views on slightly higher revenue growth, a lower profit margin outlook, and a higher assumed future P/E multiple.Narrative Update • May 11
EOLS: Updated Profitability Outlook Will Support Future Re Rating Potential
Analysts now hold Evolus at a steady fair value of $14.67, with adjusted assumptions that include a slightly higher discount rate, updated revenue growth and profit margin expectations, and a lower future P/E. Together these changes reshape how they see the stock's risk and reward profile.Narrative Update • Apr 25
EOLS: Refined Assumptions Will Support Long Term Profitability Re Rating
Analysts have reduced their price target on Evolus by $4 to reflect slightly adjusted assumptions around long term revenue growth, profit margins and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts view the revised price target as still reflecting upside potential if Evolus delivers on its long term revenue goals, even with more conservative growth assumptions now included.Narrative Update • Apr 10
EOLS: Guidance Reset Will Support Long Term Profitability Re Rating
Narrative Update on Evolus Analysts have trimmed their price targets on Evolus by $4 to $5 in recent reports, reflecting reactions to preliminary 2025 net revenues cited at the low end of expectations, tepid 2026 guidance, and a reset of the longer term outlook. Some still view this as management setting a cleaner stage for potential future success.Narrative Update • Mar 27
EOLS: Guidance Reset And Margin Expansion Will Support 2028 Profitability Re Rating
Narrative Update on Evolus Analysts have trimmed their average price targets on Evolus by several dollars to reflect lower preliminary 2025 revenue indications, tepid 2026 guidance and a reset of longer term expectations, while still viewing the updated outlook as a potential setup for future success. Analyst Commentary Recent research has focused on what the lower preliminary 2025 revenue indications and more muted 2026 guidance mean for Evolus valuation and execution risk.Narrative Update • Mar 11
EOLS: Guidance Reset And Margin Uplift Will Support 2028 Profitability Re Rating
Analysts have trimmed their average price target for Evolus by about $0.50 to reflect lower fair value and P/E assumptions after recent cuts to Street targets tied to softer preliminary 2025 revenues, cautious 2026 guidance and a reset of long term expectations. Analyst Commentary Recent Street research has centered on how Evolus is resetting expectations after preliminary 2025 net revenues came in at the low end of expectations and 2026 guidance struck a cautious tone.Narrative Update • Feb 24
EOLS: Conservative Guidance Reset Will Support 2028 Profitability Re Rating
Analysts have trimmed their average price target on Evolus by about $4 to $17, citing recent guidance that came in at the low end of expectations, more cautious long term assumptions, and a reset in outlook that they still see as setting the stage for potential future success. Analyst Commentary Bullish Takeaways Bullish analysts view the reset in long term outlook as a clean starting point, which they think can make it easier for management to meet or exceed the new targets over time.Narrative Update • Feb 09
EOLS: Guidance Reset And 2028 Outlook Will Support Future Re Rating
Analysts have trimmed their price targets on Evolus to about US$15.17 from US$17, reflecting more cautious assumptions around revenue growth, profit margins, and a higher future P/E after recent guidance updates and long term outlook resets. Analyst Commentary Recent Street research reflects a mix of caution and guarded optimism around Evolus after the latest guidance and long term outlook reset.New Narrative • Feb 02
Cash Pay Aesthetics Exposure Will Test Injectable Demand Yet Long Term Potential Remains
Catalysts About Evolus Evolus is a cash pay focused aesthetics company that markets neuromodulators and hyaluronic acid fillers to physicians and consumers. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 26
EOLS: Guidance Reset And Long Term Outlook Will Support Future Re Rating
Narrative Update: Evolus Analysts have trimmed their fair value estimate for Evolus to US$17 from US$19, reflecting updated assumptions for slower revenue growth, slightly lower profit margins and a higher future P/E after recent cautious guidance and long term outlook resets. Analyst Commentary Recent Street research on Evolus has focused on lowered price targets and a reset of expectations following management’s preliminary 2025 revenue indication, 2026 guidance and long term outlook update.Analysis Article • Jan 15
Lacklustre Performance Is Driving Evolus, Inc.'s (NASDAQ:EOLS) 30% Price Drop
Evolus, Inc. ( NASDAQ:EOLS ) shares have had a horrible month, losing 30% after a relatively good period beforehand...Analysis Article • Aug 10
Analysts Just Slashed Their Evolus, Inc. (NASDAQ:EOLS) EPS Numbers
The latest analyst coverage could presage a bad day for Evolus, Inc. ( NASDAQ:EOLS ), with the analysts making...Narrative Update • Aug 07
International Expansion And Pipeline Developments Will Reshape Aesthetics Markets
Evolus’s valuation outlook is slightly more cautious due to a higher discount rate, while future earnings expectations remain stable, resulting in an unchanged consensus price target of $23.57. What's in the News Evolus updated 2025 earnings guidance, projecting total net revenues between $295–$305 million (11%–15% growth over 2024) and increasing Evolysse injectable HA gels' revenue contribution to 10%–12%.Analysis Article • May 30
Increases to CEO Compensation Might Be Put On Hold For Now at Evolus, Inc. (NASDAQ:EOLS)
Key Insights Evolus to hold its Annual General Meeting on 5th of June Salary of US$743.8k is part of CEO David...New Narrative • May 29
International Expansion And New Offerings Will Transform Aesthetic Markets
International expansion and product diversification are expected to drive revenue growth, reduce earnings risk, and strengthen the company's competitive position.Analysis Article • May 10
Analyst Estimates: Here's What Brokers Think Of Evolus, Inc. (NASDAQ:EOLS) After Its First-Quarter Report
The analysts might have been a bit too bullish on Evolus, Inc. ( NASDAQ:EOLS ), given that the company fell short of...Seeking Alpha • Apr 22
Evolus: Two-Product Aesthetics Company With A Competitive Edge
Summary Evolus is expanding from a single product, Jeuveau, to include Evolysse dermal fillers, targeting younger, image-conscious consumers and leveraging FDA-approved weight loss wrinkle labeling. Evolus achieved record revenue in 2024 with $266.3 million, marking five consecutive years of 30%-plus growth, and reached non-GAAP profitability ahead of schedule. The company's competitive edge includes a cash-pay model, strong digital marketing, loyalty programs, and proprietary COLD-X technology for dermal fillers. Despite growth, concerns remain about declining legacy business revenue and reliance on a single-source supply chain with Daewoong Pharmaceutical. Read the full article on Seeking AlphaAnalysis Article • Apr 09
Investors Give Evolus, Inc. (NASDAQ:EOLS) Shares A 31% Hiding
Evolus, Inc. ( NASDAQ:EOLS ) shareholders won't be pleased to see that the share price has had a very rough month...Analysis Article • Jan 23
Evolus, Inc. (NASDAQ:EOLS) Soars 30% But It's A Story Of Risk Vs Reward
Evolus, Inc. ( NASDAQ:EOLS ) shareholders are no doubt pleased to see that the share price has bounced 30% in the last...Seeking Alpha • Jan 14
Evolus: Still Bullish, But Business Faces Tricky Challenges In '25
Summary I previously rated Evolus, Inc. stock a “Buy” due to its litigation settlement with AbbVie, strong revenue targets, and promising product performance. Despite positive updates, Evolus stock fell sharply, possibly due to market unpredictability and sector instability. Evolus' ambitious revenue targets and profitability projections face skepticism, but strong product performance and brand loyalty offer optimism. I maintain my “Buy” rating on EOLS, acknowledging industry challenges but recognizing Evolus' solid performance and potential for bullish Q4 earnings. Read the full article on Seeking AlphaAnalysis Article • Nov 13
Evolus, Inc. (NASDAQ:EOLS) Might Not Be As Mispriced As It Looks After Plunging 26%
Evolus, Inc. ( NASDAQ:EOLS ) shareholders won't be pleased to see that the share price has had a very rough month...Analysis Article • Oct 22
Does Evolus (NASDAQ:EOLS) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Seeking Alpha • Aug 02
Evolus Continues To Make Progress
Summary Today, we are circling back on aesthetic beauty concern Evolus, Inc., after the stock saw a 13% rise following Q2 results on Thursday. Evolus competes with Botox with Jeuveau, a botulinum toxin for glabellar lines, and is expanding with Evolysse™ dermal fillers. The company is delivering revenue growth in the mid-30s, continuing to take market share, and is marching toward profitability in FY2025. An updated analysis around Evolus follows in the paragraphs below. Read the full article on Seeking AlphaAnalysis Article • Aug 02
Evolus, Inc. (NASDAQ:EOLS) Looks Just Right With A 32% Price Jump
Evolus, Inc. ( NASDAQ:EOLS ) shares have had a really impressive month, gaining 32% after a shaky period beforehand...Analysis Article • Jul 13
Evolus (NASDAQ:EOLS) Is Making Moderate Use Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Seeking Alpha • May 22
Evolus: Chiseling Away At The Aesthetic Market
Summary Evolus is a facial beauty company that specializes in aesthetic neurotoxins, with its flagship product being Jeuveau. The company is expanding its product portfolio by adding dermal fillers through exclusive agreements with Evolysse and Estyme. The market opportunity for Evolus is significant, with the neurotoxin market estimated at $3.5 billion and the dermal fillers market at $2.5 billion. Strong revenue growth, expanding product line, and imminent profitability present an attractive opportunity for a speculative small-cap stock that can potentially double. Read the full article on Seeking AlphaAnalysis Article • May 10
Analysts Are Updating Their Evolus, Inc. (NASDAQ:EOLS) Estimates After Its First-Quarter Results
Evolus, Inc. ( NASDAQ:EOLS ) came out with its first-quarter results last week, and we wanted to see how the business...Seeking Alpha • Mar 20
Evolus: Smooth Progress As Management Targets $700m Aesthetics Franchise Revenues By 2028
Summary Evolus, a global performance beauty company, raised $60m in its IPO in 2018. Its first and only commercial product, Jeuveau, is an injectable botulinum toxin Type A product that has been approved in the US and most European territories. Evolus has settled a lawsuit with AbbVie and is focused on taking on Botox in the commercial markets. Management has guided for over $250m revenues in 2024, and over $700m by 2028 thanks to the launch of a new dermal filler range of products. Smartly marketed, effective, and growing market share, Jeuveau seems a strong product, and with support from the new range, I'd argue Evolus is well placed to grow its valuation and share price over the next several years. Read the full article on Seeking AlphaAnalysis Article • Mar 10
The Evolus, Inc. (NASDAQ:EOLS) Full-Year Results Are Out And Analysts Have Published New Forecasts
Shareholders might have noticed that Evolus, Inc. ( NASDAQ:EOLS ) filed its annual result this time last week. The...Analysis Article • Jan 18
Evolus, Inc. (NASDAQ:EOLS) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Evolus, Inc. ( NASDAQ:EOLS ) shares have continued their recent momentum with a 27% gain in the last month alone...Analysis Article • Jan 18
Evolus, Inc.'s (NASDAQ:EOLS) Shares Climb 27% But Its Business Is Yet to Catch Up
Evolus, Inc. ( NASDAQ:EOLS ) shares have continued their recent momentum with a 27% gain in the last month alone...Shareholder Returns
| EOLS | US Pharmaceuticals | US Market | |
|---|---|---|---|
| 7D | 0.3% | 1.9% | -0.2% |
| 1Y | 25.0% | 47.6% | 12.1% |
Return vs Industry: EOLS underperformed the US Pharmaceuticals industry which returned 47.6% over the past year.
Return vs Market: EOLS exceeded the US Market which returned 12.1% over the past year.
Price Volatility
| EOLS volatility | |
|---|---|
| EOLS Average Weekly Movement | 8.8% |
| Pharmaceuticals Industry Average Movement | 8.3% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: EOLS has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: EOLS's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 353 | David Moatazedi | www.evolus.com |
Evolus, Inc., a performance beauty company, delivers products in the cash-pay aesthetic market in the United States, Canada, Europe, and Australia. It offers Jeuveau, a proprietary 900 kilodalton purified botulinum toxin type A formulation for the temporary improvement in the appearance of moderate to severe glabellar lines in adults; and Evolysse, a collection of injectable hyaluronic acid gels, which includes various products, such as mid face, nasolabial folds, lips and eyes. The company was incorporated in 2012 and is headquartered in Newport Beach, California.
Evolus, Inc. Fundamentals Summary
| EOLS fundamental statistics | |
|---|---|
| Market cap | US$519.16m |
| Earnings (TTM) | -US$34.33m |
| Revenue (TTM) | US$316.49m |
1.6x
P/S Ratio-15.1x
P/E RatioIs EOLS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EOLS income statement (TTM) | |
|---|---|
| Revenue | US$316.49m |
| Cost of Revenue | US$106.33m |
| Gross Profit | US$210.16m |
| Other Expenses | US$244.49m |
| Earnings | -US$34.33m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.52 |
| Gross Margin | 66.40% |
| Net Profit Margin | -10.85% |
| Debt/Equity Ratio | -507.2% |
How did EOLS perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/20 06:51 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Evolus, Inc. is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Navann Ty Dietschi | BNP Paribas |
| Michael Gorman | BTIG |
| Sam Eiber | BTIG |