Elastic (ESTC) Stock Forecast, Price Target & Predictions


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ESTC Stock Forecast


Elastic (ESTC) stock forecast, based on 34 Wall Street analysts, predicts a 12-month average price target of $113.43, with a high of $134.00 and a low of $90.00. This represents a 30.05% increase from the last price of $87.22.

$75 $87 $99 $111 $123 $135 High: $134 Avg: $113.43 Low: $90 Last Closed Price: $87.22

ESTC Stock Rating


Elastic stock's rating consensus is Buy, based on 34 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 24 Buy (70.59%), 10 Hold (29.41%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 34 0 10 24 Strong Sell Sell Hold Buy Strong Buy

ESTC Price Target Upside V Benchmarks


TypeNameUpside
StockElastic30.05%
SectorTechnology Stocks 12.81%
IdeaSaaS Stocks List15.56%

Price Target Trends


1M3M12M
# Anlaysts279
Avg Price Target$90.00$113.43$111.56
Last Closing Price$87.22$87.22$87.22
Upside/Downside3.19%30.05%27.91%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 257157--29
Sep, 257157--29
Aug, 257147--28
Jul, 257158--30
Jun, 257157--29
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 06, 2025Scotiabank$90.00$85.585.16%3.19%
Sep 30, 2025Ryan MacWilliamsWells Fargo$90.00$84.496.52%3.19%
Aug 29, 2025Shrenik KothariRobert W. Baird$120.00$84.3042.35%37.58%
Aug 29, 2025Brad RebackStifel Nicolaus$134.00$87.7952.64%53.63%
Aug 29, 2025Kingsley CraneCanaccord Genuity$120.00$87.7936.69%37.58%
Nov 25, 2024Daniel IvesWedbush$75.00$108.03-30.57%-14.01%
Nov 25, 2024Daniel IvesWedbush$135.00$108.0324.97%54.78%
Oct 14, 2024Chris McNallyEvercore ISI$43.00$83.63-48.58%-50.70%
Oct 07, 2024Raimo LenschowBarclays$95.00$79.0120.24%8.92%
Sep 03, 2024Kingsley CraneCanaccord Genuity$110.00$76.1944.38%26.12%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Oct 10, 2025CitigroupBuyBuyhold
Oct 06, 2025ScotiabankOutperformSector Performdowngrade
Aug 29, 2025RBC CapitalOutperformOutperformhold
Aug 29, 2025ScotiabankOutperformOutperformhold
Aug 29, 2025Cowen & Co.HoldHoldhold
Aug 29, 2025UBSBuyBuyhold
Aug 29, 2025OppenheimerOutperformOutperformhold
Aug 29, 2025GuggenheimBuyBuyhold
Aug 29, 2025Cantor FitzgeraldNeutralNeutralhold
Aug 29, 2025Morgan StanleyOverweightOverweighthold

Financial Forecast


EPS Forecast

$-3 $-2 $-1 $0 $1 $2 $3 Apr 21 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 21Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27
Reported$-1.48$-2.20$-2.47$0.62---
Avg Forecast$-0.17$-0.39$0.13$1.18$1.72$1.92$2.25
High Forecast$-0.17$-0.38$0.13$1.19$1.74$2.16$2.49
Low Forecast$-0.17$-0.40$0.12$1.17$1.70$1.78$1.84
Surprise %770.59%464.10%-2000.00%-47.46%---

Revenue Forecast

$500M $800M $1B $1B $2B $2B Apr 21 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 21Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27
Reported$608.49M$862.37M$1.07B$1.27B---
Avg Forecast$588.57M$855.41M$1.07B$1.26B$1.46B$1.65B$1.88B
High Forecast$603.59M$877.24M$1.09B$1.28B$1.48B$1.67B$1.89B
Low Forecast$581.44M$845.05M$1.06B$1.25B$1.45B$1.64B$1.87B
Surprise %3.38%0.81%0.20%0.49%---

Net Income Forecast

$-300M $-180M $-60M $60M $180M $300M Apr 21 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 21Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27
Reported$-129.43M$-203.85M$-236.16M$61.72M---
Avg Forecast$-186.81M$-218.91M$13.13M$-192.61M$179.00M$204.48M$225.18M
High Forecast$-149.45M$-175.13M$13.44M$-154.09M$181.10M$224.10M$258.54M
Low Forecast$-224.17M$-262.69M$12.96M$-231.13M$176.91M$184.86M$191.81M
Surprise %-30.71%-6.88%-1897.98%-132.04%---

ESTC Forecast FAQ


Is Elastic stock a buy?

Elastic stock has a consensus rating of Buy, based on 34 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 24 Buy, 10 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Elastic is a favorable investment for most analysts.

What is Elastic's price target?

Elastic's price target, set by 34 Wall Street analysts, averages $113.43 over the next 12 months. The price target range spans from $90 at the low end to $134 at the high end, suggesting a potential 30.05% change from the previous closing price of $87.22.

How does Elastic stock forecast compare to its benchmarks?

Elastic's stock forecast shows a 30.05% upside, outperforming the average forecast for the technology stocks sector (12.81%), leading the saas stocks list (15.56%) investment idea.

What is the breakdown of analyst ratings for Elastic over the past three months?

  • October 2025: 24.14% Strong Buy, 51.72% Buy, 24.14% Hold, 0% Sell, 0% Strong Sell.
  • September 2025: 24.14% Strong Buy, 51.72% Buy, 24.14% Hold, 0% Sell, 0% Strong Sell.
  • August 2025: 25.00% Strong Buy, 50.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.

What is Elastic’s EPS forecast?

Elastic's average annual EPS forecast for its fiscal year ending in April 2025 is $1.72, marking a 177.42% increase from the reported $0.62 in 2024. Estimates for the following years are $1.92 in 2026, and $2.25 in 2027.

What is Elastic’s revenue forecast?

Elastic's average annual revenue forecast for its fiscal year ending in April 2025 is $1.46B, reflecting a 14.89% increase from the reported $1.27B in 2024. The forecast for 2026 is $1.65B, and $1.88B for 2027.

What is Elastic’s net income forecast?

Elastic's net income forecast for the fiscal year ending in April 2025 stands at $179M, representing an 190.03% increase from the reported $61.72M in 2024. Projections indicate $204.48M in 2026, and $225.18M in 2027.