Elastic (ESTC) Stock Forecast, Price Target & Predictions
ESTC Stock Forecast
Elastic (ESTC) stock forecast, based on 34 Wall Street analysts, predicts a 12-month average price target of $79.50, with a high of $120.00 and a low of $49.00. This represents a -8.18% decline from the last price of $86.58.
ESTC Stock Rating
Elastic stock's rating consensus is Buy, based on 34 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 22 Buy (64.71%), 12 Hold (35.29%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
ESTC Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Elastic | -8.18% |
| Sector | Technology Stocks | 26.76% |
| Idea | SaaS Stocks List | 24.14% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 8 | 9 | 24 |
| Avg Price Target | $100.50 | $96.67 | $85.38 |
| Last Closing Price | $86.58 | $86.58 | $86.58 |
| Upside/Downside | 16.08% | 11.65% | -1.39% |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Sep, 26 | 4 | 14 | 12 | 1 | - | 31 |
| Aug, 26 | 4 | 14 | 12 | - | 1 | 31 |
| Jul, 26 | 5 | 14 | 12 | - | - | 31 |
| Jun, 26 | 5 | 13 | 11 | - | 1 | 30 |
| May, 26 | 5 | 14 | 11 | - | - | 30 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 28, 2026 | Thomas Blakey | Cantor Fitzgerald | $100.00 | $97.32 | 2.75% | 15.50% |
| Aug 28, 2026 | Brad Reback | Stifel Nicolaus | $107.00 | $83.74 | 27.78% | 23.59% |
| Aug 28, 2026 | Radi Sultan | UBS | $105.00 | $83.74 | 25.39% | 21.28% |
| Aug 28, 2026 | Guggenheim | $120.00 | $83.74 | 43.30% | 38.60% | |
| Aug 28, 2026 | UBS | $108.00 | $83.74 | 28.97% | 24.74% | |
| Aug 26, 2026 | Blair Abernethy | Rosenblatt Securities | $83.00 | $80.40 | 3.23% | -4.13% |
| Aug 24, 2026 | Thomas Blakey | Cantor Fitzgerald | $91.00 | $84.54 | 7.64% | 5.11% |
| Aug 18, 2026 | Brad Reback | Stifel Nicolaus | $90.00 | $84.39 | 6.65% | 3.95% |
| Jul 21, 2026 | Sanjit Singh | Morgan Stanley | $66.00 | $62.74 | 5.20% | -23.77% |
| May 29, 2026 | Radi Sultan | UBS | $85.00 | $61.83 | 37.47% | -1.82% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 28, 2026 | Scotiabank | Sector Perform | Sector Perform | hold |
| Aug 28, 2026 | Needham | Hold | Hold | hold |
| Aug 28, 2026 | UBS | Buy | Buy | hold |
| Aug 28, 2026 | Guggenheim | Buy | Buy | hold |
| Aug 28, 2026 | Piper Sandler | Overweight | Overweight | hold |
| Aug 28, 2026 | Citigroup | Buy | Buy | hold |
| Aug 28, 2026 | UBS | Neutral | Neutral | hold |
| Aug 25, 2026 | Cowen & Co. | Hold | Hold | hold |
| Aug 24, 2026 | Cantor Fitzgerald | Neutral | Neutral | hold |
| Aug 24, 2026 | Barclays | Overweight | Overweight | hold |
Financial Forecast
EPS Forecast
Annual
| Apr 22 | Apr 23 | Apr 24 | Apr 25 | Apr 26 | Apr 27 | |
|---|---|---|---|---|---|---|
| Reported | $-2.20 | $-2.47 | $0.62 | $-1.04 | $3.49 | - |
| Avg Forecast | $-0.39 | $0.13 | $1.18 | $1.72 | $1.92 | $2.25 |
| High Forecast | $-0.38 | $0.13 | $1.19 | $1.74 | $2.16 | $2.49 |
| Low Forecast | $-0.40 | $0.12 | $1.17 | $1.70 | $1.78 | $1.84 |
| Surprise % | 464.10% | -2000.00% | -47.46% | -160.47% | 81.77% | - |
Revenue Forecast
Annual
| Apr 22 | Apr 23 | Apr 24 | Apr 25 | Apr 26 | Apr 27 | |
|---|---|---|---|---|---|---|
| Reported | $862.37M | $1.07B | $1.27B | $1.48B | $1.74B | - |
| Avg Forecast | $855.41M | $1.07B | $1.26B | $1.46B | $1.65B | $1.88B |
| High Forecast | $877.24M | $1.09B | $1.28B | $1.48B | $1.67B | $1.89B |
| Low Forecast | $845.05M | $1.06B | $1.25B | $1.45B | $1.64B | $1.87B |
| Surprise % | 0.81% | 0.20% | 0.49% | 1.87% | 5.13% | - |
Net Income Forecast
Annual
| Apr 22 | Apr 23 | Apr 24 | Apr 25 | Apr 26 | Apr 27 | |
|---|---|---|---|---|---|---|
| Reported | $-203.85M | $-236.16M | $61.72M | $-108.11M | $367.77M | - |
| Avg Forecast | $-218.91M | $13.13M | $-192.61M | $179.00M | $204.48M | $225.18M |
| High Forecast | $-175.13M | $13.44M | $-154.09M | $181.10M | $224.10M | $258.54M |
| Low Forecast | $-262.69M | $12.96M | $-231.13M | $176.91M | $184.86M | $191.81M |
| Surprise % | -6.88% | -1897.98% | -132.04% | -160.40% | 79.86% | - |