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 $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.

$45 $63 $81 $99 $117 $135 High: $120 Avg: $79.5 Low: $49 Last Closed Price: $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
Total 34 0 12 22 Strong Sell Sell Hold Buy Strong Buy

ESTC Price Target Upside V Benchmarks


TypeNameUpside
StockElastic-8.18%
SectorTechnology Stocks 26.76%
IdeaSaaS Stocks List24.14%

Price Target Trends


1M3M12M
# Anlaysts8924
Avg Price Target$100.50$96.67$85.38
Last Closing Price$86.58$86.58$86.58
Upside/Downside16.08%11.65%-1.39%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Sep, 26414121-31
Aug, 2641412-131
Jul, 2651412--31
Jun, 2651311-130
May, 2651411--30
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 28, 2026Thomas BlakeyCantor Fitzgerald$100.00$97.322.75%15.50%
Aug 28, 2026Brad RebackStifel Nicolaus$107.00$83.7427.78%23.59%
Aug 28, 2026Radi SultanUBS$105.00$83.7425.39%21.28%
Aug 28, 2026Guggenheim$120.00$83.7443.30%38.60%
Aug 28, 2026UBS$108.00$83.7428.97%24.74%
Aug 26, 2026Blair AbernethyRosenblatt Securities$83.00$80.403.23%-4.13%
Aug 24, 2026Thomas BlakeyCantor Fitzgerald$91.00$84.547.64%5.11%
Aug 18, 2026Brad RebackStifel Nicolaus$90.00$84.396.65%3.95%
Jul 21, 2026Sanjit SinghMorgan Stanley$66.00$62.745.20%-23.77%
May 29, 2026Radi SultanUBS$85.00$61.8337.47%-1.82%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Aug 28, 2026ScotiabankSector PerformSector Performhold
Aug 28, 2026NeedhamHoldHoldhold
Aug 28, 2026UBSBuyBuyhold
Aug 28, 2026GuggenheimBuyBuyhold
Aug 28, 2026Piper SandlerOverweightOverweighthold
Aug 28, 2026CitigroupBuyBuyhold
Aug 28, 2026UBSNeutralNeutralhold
Aug 25, 2026Cowen & Co.HoldHoldhold
Aug 24, 2026Cantor FitzgeraldNeutralNeutralhold
Aug 24, 2026BarclaysOverweightOverweighthold

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, 22 Buy, 12 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 $79.5 over the next 12 months. The price target range spans from $49 at the low end to $120 at the high end, suggesting a potential -8.18% change from the previous closing price of $86.58.

How does Elastic stock forecast compare to its benchmarks?

Elastic's stock forecast shows a -8.18% downside, underperforming the average forecast for the technology stocks sector (26.76%), trailing the SaaS Stocks List (24.14%) investment idea.

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

  • September 2026: 12.90% Strong Buy, 45.16% Buy, 38.71% Hold, 3.23% Sell, 0% Strong Sell.
  • August 2026: 12.90% Strong Buy, 45.16% Buy, 38.71% Hold, 0% Sell, 3.23% Strong Sell.
  • July 2026: 16.13% Strong Buy, 45.16% Buy, 38.71% 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.