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Elastic (ESTC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ESTC Stock Forecast

Elastic (ESTC) stock forecast, based on 34 Wall Street analysts, predicts a 12-month average price target of $62.88, with a high of $85.00 and a low of $49.00. This represents a 3.46% increase from the last price of $60.78.

$45 $63 $81 $99 $117 $135 High: $85 Avg: $62.88 Low: $49 Last Closed Price: $60.78

ESTC Stock Rating

Elastic stock's rating consensus is Buy, based on 34 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 23 Buy (67.65%), 11 Hold (32.35%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 34 0 11 23 Strong Sell Sell Hold Buy Strong Buy

ESTC Price Target Upside V Benchmarks

TypeNameUpside
StockElastic3.46%
SectorTechnology Stocks 21.30%
IdeaSaaS Stocks List35.15%

Price Target Trends

1M3M12M
# Anlaysts5720
Avg Price Target$64.80$60.43$89.65
Last Closing Price$60.78$60.78$60.78
Upside/Downside6.61%-0.58%47.50%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 2651311-130
May, 2651411--30
Apr, 266139--28
Mar, 265149--28
Feb, 265159--29
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 29, 2026Radi SultanUBS$85.00$61.8337.47%39.85%
May 29, 2026Lucky SchreinerD.A. Davidson$60.00$60.75-1.23%-1.28%
May 29, 2026Brad RebackStifel Nicolaus$65.00$57.6112.83%6.94%
May 29, 2026Wolfe Research$55.00$57.61-4.53%-9.51%
May 26, 2026Thomas BlakeyCantor Fitzgerald$59.00$54.817.64%-2.93%
Apr 23, 2026Daniel SepahiRedburn Partners$49.00$49.23-0.47%-19.38%
Apr 21, 2026Goldman Sachs$50.00$48.962.12%-17.74%
Feb 19, 2026Morgan Stanley$80.00$61.0331.08%31.62%
Nov 21, 2025Lucky SchreinerD.A. Davidson$80.00$71.5011.89%31.62%
Nov 21, 2025Rob OwensPiper Sandler$110.00$71.6553.52%80.98%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
May 29, 2026ScotiabankSector PerformSector Performhold
May 29, 2026UBSBuyBuyhold
May 26, 2026Cowen & Co.HoldHoldhold
May 26, 2026Cantor FitzgeraldNeutralNeutralhold
Apr 21, 2026Goldman SachsNeutralNeutralinitialise
Feb 23, 2026Cowen & Co.HoldHoldhold
Jan 05, 2026JefferiesBuyBuyhold
Nov 21, 2025CitigroupNeutralNeutralhold
Nov 21, 2025Piper SandlerOverweightOverweighthold
Nov 21, 2025MonnessNeutraldowngrade

Financial Forecast

EPS Forecast

$-3 $-2 $-1 $0 $1 $2 $3 $4 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27
Reported$-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

$500M $800M $1B $1B $2B $2B Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 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

$-300M $-160M $-20M $120M $260M $400M Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27
Reported$-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%-

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, 23 Buy, 11 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 $62.88 over the next 12 months. The price target range spans from $49 at the low end to $85 at the high end, suggesting a potential 3.46% change from the previous closing price of $60.78.

How does Elastic stock forecast compare to its benchmarks?

Elastic's stock forecast shows a 3.46% upside, underperforming the average forecast for the technology stocks sector (21.30%), trailing the SaaS Stocks List (35.15%) investment idea.

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

  • June 2026: 16.67% Strong Buy, 43.33% Buy, 36.67% Hold, 0% Sell, 3.33% Strong Sell.
  • May 2026: 16.67% Strong Buy, 46.67% Buy, 36.67% Hold, 0% Sell, 0% Strong Sell.
  • April 2026: 21.43% Strong Buy, 46.43% Buy, 32.14% 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 2027 is $2.25, marking a -35.53% decrease from the reported $3.49 in 2026..

What is Elastic’s revenue forecast?

Elastic's average annual revenue forecast for its fiscal year ending in April 2027 is $1.88B, reflecting a 8.12% increase from the reported $1.74B in 2026.

What is Elastic’s net income forecast?

Elastic's net income forecast for the fiscal year ending in April 2027 stands at $225.18M, representing a -38.77% decrease from the reported $367.77M in 2026.