Elastic Stock Forecast

Stock Price Forecast

The 24 analysts with 12-month price forecasts for Elastic stock have an average target of 132.17, with a low estimate of 80 and a high estimate of 150. The average target predicts an increase of 44.16% from the current stock price of 91.68.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$80	$132.17	$136	$150
Change	-12.74%	+44.16%	+48.34%	+63.61%

Analyst Ratings

The average analyst rating for Elastic stock from 26 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	10	10	10	10	9	9
Buy	8	10	11	11	11	11
Hold	7	6	5	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	25	26	26	27	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Patrick Colville Scotiabank	Scotiabank	Buy Maintains $140 → $137	Buy	Maintains	$140 → $137	+49.43%	Mar 27, 2025
Joel Fishbein Truist Securities	Truist Securities	Strong Buy Maintains $135 → $145	Strong Buy	Maintains	$135 → $145	+58.16%	Mar 3, 2025
Patrick Colville Scotiabank	Scotiabank	Buy Maintains $127 → $140	Buy	Maintains	$127 → $140	+52.71%	Feb 28, 2025
Austin Dietz UBS	UBS	Strong Buy Maintains $140 → $148	Strong Buy	Maintains	$140 → $148	+61.43%	Feb 28, 2025
Sanjit Singh Morgan Stanley	Morgan Stanley	Buy Maintains $130 → $140	Buy	Maintains	$130 → $140	+52.71%	Feb 28, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.50B

from 1.27B

18.60%

from 1.27B

Revenue Next Year

1.72B

from 1.50B

14.44%

from 1.50B

EPS This Year

1.98

from 0.59

235.82%

from 0.59

EPS Next Year

2.13

from 1.98

7.75%

from 1.98

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2020	Apr 30, 2021	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Apr 30, 2025	Apr 30, 2026	Apr 30, 2027
Revenue	427.62M	608.49M	862.37M	1.07B	1.27B	1.50B	1.72B	1.97B
Revenue Growth	57.41%	42.30%	41.72%	23.96%	18.55%	18.60%	14.44%	14.71%
EPS	-2.12	-1.48	-2.20	-2.47	0.59	1.98	2.13	2.53
EPS Growth	-	-	-	-	-	235.82%	7.75%	18.59%
Forward PE	-	-	-	-	-	46.27	42.94	36.21
No. Analysts	-	-	-	-	-	31	31	26

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

Revenue Forecast

Revenue	2025	2026	2027
High	1.6B	1.9B	2.2B
Avg	1.5B	1.7B	2.0B
Low	1.4B	1.6B	1.8B

Revenue Growth

Revenue Growth	2025	2026	2027
High	22.6%	23.2%	26.3%
Avg	18.6%	14.4%	14.7%
Low	12.5%	8.0%	5.3%

EPS Forecast

EPS	2025	2026	2027
High	2.08	2.75	3.06
Avg	1.98	2.13	2.53
Low	1.88	1.85	2.14

EPS Growth

EPS Growth	2025	2026	2027
High	252.0%	38.6%	43.1%
Avg	235.8%	7.8%	18.6%
Low	218.9%	-6.5%	0.1%

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.