EOLS Stock Analysis: Evolus | NASDAQ

Drug Manufacturers - Specialty & Generic | NASDAQ, USA | Market Cap: 528m USD | 12M Return: 33.3% | US30052C1071 | Charts, Fundamentals & Technical Analysis

Neuromodulators, Dermal Fillers, Aesthetic Injections
Total Rating 37
Safety 35
Buy Signal 0.14
Market Cap: 528M
Avg Turnover: 6.36M
Risk 3d forecast
Volatility55.2%
VaR 5th Pctl8.56%
VaR vs Median-4.89%
Reward TTM
Sharpe Ratio0.68
Rel. Str. IBD85.9
Rel. Str. Peer Group69.3
Character TTM
Beta0.778
Beta Downside0.800
Hurst Exponent0.569
Drawdowns 3y
Max DD77.47%
CAGR/Max DD-0.06
CAGR/Mean DD-0.12
EPS (Earnings per Share) EPS (Earnings per Share) of EOLS over the last years for every Quarter: "2021-09": -0.28, "2021-12": -0.24, "2022-03": -0.24, "2022-06": -0.3, "2022-09": -0.29, "2022-12": -0.14, "2023-03": -0.17, "2023-06": -0.22, "2023-09": -0.18, "2023-12": -0.12, "2024-03": -0.11, "2024-06": -0.06, "2024-09": -0.18, "2024-12": 0.0139, "2025-03": -0.17, "2025-06": -0.26, "2025-09": -0.2, "2025-12": 0.0132, "2026-03": -0.05, "2026-06": -0.09,
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of EOLS over the last years for every Quarter: 2021-09: 26.677, 2021-12: 34.657, 2022-03: 33.908, 2022-06: 37.163, 2022-09: 33.899, 2022-12: 43.646, 2023-03: 41.721, 2023-06: 49.346, 2023-09: 50.019, 2023-12: 60.999, 2024-03: 59.333, 2024-06: 66.909, 2024-09: 61.085, 2024-12: 78.947, 2025-03: 68.522, 2025-06: 69.387, 2025-09: 68.967, 2025-12: 90.3, 2026-03: 73.137, 2026-06: 84.084,
Rev. CAGR: 19.85%
Rev. Trend: 96.8%
Last SUE: 0.53
Qual. Beats: 0

Warnings

Negative Equity With Losses
Interest Coverage Ratio Critical
Altman Z'' In Financial Distress Zone
Below Avwap Earnings

Tailwinds

Confidence

Seasonality 8.6 years of data

Jan +19.3% 31
Feb +7.9% 16
Mar -5.7% 29
Apr -1.6% 2
May +6.0% 33
Jun +2.0% 0
Jul +0.0% 2
Aug -2.1% 14
Sep -8.5% 48
Oct -2.2% 9
Nov -11.9% 10
Dec -3.0% 21

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: EOLS Evolus

Evolus, Inc. (EOLS) is a Newport Beach, California-based performance beauty company operating in the cash-pay aesthetic market across the United States, Canada, Europe, and Australia. The companys lead product is Jeuveau, a proprietary 900 kilodalton purified botulinum toxin type A formulation approved for the temporary improvement of moderate to severe glabellar lines (frown lines) in adults. Evolus also markets Evolysse, a line of injectable hyaluronic acid dermal fillers designed for areas such as the mid-face, nasolabial folds, lips, and eyes. Founded in 2012 and listed on Nasdaq since 2018, the company is classified within the Health Care sector and competes in the medical aesthetics space.

As a small-cap pharmaceuticals company, Evolus operates in the consumer-funded portion of medical aesthetics, where treatments are paid out-of-pocket rather than reimbursed by insurance. Its neurotoxin (Jeuveau) competes in the same category as established products like Botox, Dysport, and Xeomin, while its hyaluronic acid filler line (Evolysse) targets the broader dermal filler market alongside brands such as the Juvéderm and Restylane families.

Headlines to Watch Out For
  • Jeuveau gains share against Botox in cash-pay aesthetics
  • Evolysse injectable launch broadens product portfolio beyond neurotoxins
  • International expansion into Europe and Australia drives revenue growth
Piotroski VR-10 (Strict) 2.0
Net Income: -34.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.08 > 0.02 and ΔFCF/TA 12.95 > 1.0
NWC/Revenue: 21.74% < 20% (prev 29.22%; Δ -7.48% < -1%)
CFO/TA -0.06 > 3% & CFO -15.4m > Net Income -34.3m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.70 > 1.5 & < 3
Outstanding Shares: last quarter (65.9m) vs 12m ago 2.15% < -2%
Gross Margin: 66.25% > 18% (prev 66.63%; Δ -0.38% > 0.5%)
Asset Turnover: 132.7% > 50% (prev 121.5%; Δ 11.27% > 0%)
Interest Coverage Ratio: -1.43 > 6 (EBIT TTM -23.2m / Interest Expense TTM 16.2m)
Altman Z'' -7.88
A: 0.28 (Total Current Assets 167.5m - Total Current Liabilities 98.7m) / Total Assets 248.0m
B: -2.74 (Retained Earnings -679.8m / Total Assets 248.0m)
C: -0.10 (EBIT TTM -23.2m / Avg Total Assets 238.4m)
D: -0.11 (Book Value of Equity -30.9m / Total Liabilities 278.9m)
Altman-Z'' = -7.88 = D
Beneish M -2.88
DSRI: 1.15 (Receivables 62.4m/47.7m, Revenue 316.5m/277.9m)
GMI: 1.01 (GM 66.63% / 66.25%)
AQI: 0.88 (AQ_t 0.28 / AQ_t-1 0.32)
SGI: 1.14 (Revenue 316.5m / 277.9m)
TATA: -0.08 (NI -34.3m - CFO -15.4m) / TA 248.0m)
Beneish M = -2.88 (Cap -4..+1) = A
What is the price of EOLS shares?

As of September 27, 2026, the stock is trading at USD 7.97 with a total of 398,309 shares traded. Over the past week, the price has changed by +1.40%, over one month by -11.20%, over three months by +11.47% and over the past year by +33.28%.

Current recommended Stop Loss: 7.20 (which is 9.7% or 2.1 ATR below the current price).

Is EOLS a buy, sell or hold?

Evolus has received a consensus analysts rating of 4.57. Therefore, it is recommended to buy EOLS.

  • StrongBuy: 4
  • Buy: 3
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the EOLS price?
Analysts Target Price 15 88.2%
Evolus (EOLS) - Fundamental Data Overview as of 23 September 2026
Market Cap USD = 527.7m (527.7m USD * 1.0 USD.USD)
P/E Forward = 16.7224
P/S = 1.6675
P/B = 53.7058
Revenue TTM = 316.5m USD
EBIT TTM = -23.2m USD
EBITDA TTM = -12.9m USD
Long Term Debt = 156.7m USD (from longTermDebt, last quarter)
Short Term Debt = 2.57m USD (from shortTermDebt, last quarter)
Debt = 172.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 8.06m
Net Debt = 127.7m USD (calculated: Debt 172.9m - CCE 45.2m)
Enterprise Value = 655.4m USD (527.7m + Debt 172.9m - CCE 45.2m)
Interest Coverage Ratio = -1.43 (Ebit TTM -23.2m / Interest Expense TTM 16.2m)
EV/FCF = -32.50x (Enterprise Value 655.4m / FCF TTM -20.2m)
FCF Yield = -3.08% (FCF TTM -20.2m / Enterprise Value 655.4m)
FCF Margin = -6.37% (FCF TTM -20.2m / Revenue TTM 316.5m)
Net Margin = -10.85% (Net Income TTM -34.3m / Revenue TTM 316.5m)
Gross Margin = 66.25% ((Revenue TTM 316.5m - Cost of Revenue TTM 106.8m) / Revenue TTM)
Gross Margin QoQ = 68.00% (prev 64.75%)
Tobins Q-Ratio = 2.64 (Enterprise Value 655.4m / Total Assets 248.0m)
Interest Expense / Debt = 9.38% (Interest Expense 16.2m / Debt 172.9m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -18.3m (EBIT -23.2m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.70 (Total Current Assets 167.5m / Total Current Liabilities 98.7m)
 Debt / Equity = -5.59 (negative equity) (Debt 172.9m / totalStockholderEquity, last quarter -30.9m)
 Debt / EBITDA = -9.86 (negative EBITDA) (Net Debt 127.7m / EBITDA -12.9m)
 Debt / FCF = -6.33 (negative FCF - burning cash) (Net Debt 127.7m / FCF TTM -20.2m)
 Total Stockholder Equity = -27.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -14.40% (Net Income -34.3m / Total Assets 248.0m)
 RoE = 123.1% (negative equity) (Net Income TTM -34.3m / Total Stockholder Equity -27.9m)
 RoCE = -18.00% (EBIT -23.2m / Capital Employed (Equity -27.9m + L.T.Debt 156.7m))
 RoIC = -13.47% (negative operating profit) (NOPAT -18.3m / Invested Capital 136.0m)
 WACC = 8.40% (E(527.7m)/V(700.6m) * Re(8.72%) + D(172.9m)/V(700.6m) * Rd(9.38%) * (1-Tc(0.21)))
Discount Rate = 8.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.58 | Cagr: 5.22%
 [DCF] Fair Price = unknown (Cash Flow -20.2m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 96.84 | Revenue CAGR: 19.85% | SUE: 0.53 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.06 | Chg30d=+14.29% | Revisions=+17% | Analysts=4
EPS current Year (2026-12-31): EPS=-0.05 | Chg30d=-5.56% | Revisions=+62% | GrowthEPS=+89.2% | GrowthRev=+12.4%
EPS next Year (2027-12-31): EPS=0.29 | Chg30d=+13.37% | Revisions=+57% | GrowthEPS=+715.8% | GrowthRev=+17.4%
[Analyst] Revisions Ratio: +67% (up=11, down=1)