Elastic N.V. (ESTC)

Elastic Stock Forecast

Stock Price Forecast

The 25 analysts that cover Elastic stock have a consensus rating of "Buy" and an average price target of $119.72, which forecasts a 36.46% increase in the stock price over the next year. The lowest target is $90 and the highest is $150.

Price Target: $119.72 (+36.46%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$90	$119.72	$120	$150
Change	+2.59%	+36.46%	+36.78%	+70.98%

* Price targets were last updated on Oct 10, 2025.

Analyst Ratings

The average analyst rating for Elastic stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	8	8	9	9	9	9
Buy	11	11	11	11	10	9
Hold	7	7	7	7	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	26	26	27	27	28	27

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Shrenik Kothari Baird	Baird	Buy Maintains $120 → $130	Buy	Maintains	$120 → $130	+48.18%	Oct 10, 2025
Mike Cikos Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Oct 10, 2025
Patrick Colville Scotiabank	Scotiabank	Buy → Hold Downgrades $121 → $90	Buy → Hold	Downgrades	$121 → $90	+2.59%	Oct 6, 2025
Ryan Macwilliams Wells Fargo	Wells Fargo	Hold Initiates $90	Hold	Initiates	$90	+2.59%	Oct 1, 2025
Brent Thill Jefferies	Jefferies	Strong Buy Maintains $110 → $125	Strong Buy	Maintains	$110 → $125	+42.48%	Aug 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.74B

Increased by 16.97%

from 1.48B

Revenue Next Year

1.98B

Increased by 13.83%

from 1.74B

EPS This Year

2.40

from -1.04

EPS Next Year

2.77

Increased by 15.33%

from 2.40

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2021	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Apr 30, 2025	Apr 30, 2026	Apr 30, 2027
Revenue	608.49M	862.37M	1.07B	1.27B	1.48B	1.74B	1.98B
Revenue Growth	42.30%	41.72%	23.96%	18.55%	17.04%	16.97%	13.83%
EPS	-1.48	-2.20	-2.47	0.59	-1.04	2.40	2.77
EPS Growth	-	-	-	-	-	-	15.33%
Forward PE	-	-	-	-	-	36.50	31.65
No. Analysts	-	-	-	-	-	32	32

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	1.8B	2.1B
Avg	1.7B	2.0B
Low	1.7B	1.9B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	24.3%	23.8%
Avg	17.0%	13.8%
Low	11.2%	6.8%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	2.79	3.38
Avg	2.40	2.77
Low	2.27	2.31

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	-	40.7%
Avg	-	15.3%
Low	-	-3.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.