Ads for cosmetics surely wish to associate increased attractiveness with the product. These ads are repulsive. Who on earth is the target for them?
People who want to support trans people and/or the subversion of gender stereotypes.
Maybelline will be well aware of the market for both of these groups given the various responses they would have received from their Dylan Mulvaney campaign, so this will no doubt have been informed by that.
If lots of people felt (as I did) that seeing a man in makeup wasn't the problem with the DM campaign but the fact it's DM (who mercilessly mocks women) specifically, and voiced this to Maybelline, then this might have influenced their current marketing too (assuming that's what these bearded models represent).
Lots of consumers and organisations responded to the DM backlash by supporting the companies involved (e.g. just after the Bud Light thing, the London West End show Oklahoma adorned the stage with a ridiculous number of Bud Light cans as props), and Maybelline would have received much positive feedback for using DM as well as negative, so they already know that market is there.