Elastic N.V. (ESTC)
NYSE: ESTC · IEX Real-Time Price · USD
114.67
-0.81 (-0.70%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Elastic Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Elastic stock have an average target of 117.15, with a low estimate of 65 and a high estimate of 155. The average target predicts an increase of 2.16% from the current stock price of 114.67.
Analyst Consensus: Buy
* Price targets were last updated on Jun 3, 2024.
Analyst Ratings
The average analyst rating for Elastic stock from 21 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 9 | 9 | 9 | 10 | 9 | 9 |
Buy | 7 | 7 | 7 | 7 | 7 | 7 |
Hold | 6 | 6 | 6 | 6 | 6 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 22 | 22 | 22 | 23 | 22 | 21 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Citigroup | Citigroup | Strong Buy Maintains $145 → $155 | Strong Buy | Maintains | $145 → $155 | +35.17% | Jun 3, 2024 |
Scotiabank | Scotiabank | Buy Maintains $154 → $135 | Buy | Maintains | $154 → $135 | +17.73% | May 31, 2024 |
Barclays | Barclays | Hold Maintains $128 → $117 | Hold | Maintains | $128 → $117 | +2.03% | May 31, 2024 |
Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $130 → $125 | Strong Buy | Maintains | $130 → $125 | +9.01% | May 31, 2024 |
Stifel | Stifel | Strong Buy Maintains $130 → $120 | Strong Buy | Maintains | $130 → $120 | +4.65% | May 31, 2024 |
Financial Forecast
Revenue This Year
1.51B
from 1.27B
Increased by 18.91%
Revenue Next Year
1.76B
from 1.51B
Increased by 16.85%
EPS This Year
1.44
from 0.59
Increased by 144.45%
EPS Next Year
1.86
from 1.44
Increased by 28.94%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 1.6B | 1.9B | 2.6B | 3.2B | 3.8B |
Avg | 1.5B | 1.8B | 2.2B | 2.8B | 3.3B |
Low | 1.4B | 1.6B | 2.0B | 2.4B | 2.8B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 25.0% | 25.3% | 50.1% | 43.9% | 35.8% |
Avg | 18.9% | 16.9% | 25.2% | 27.1% | 17.5% |
Low | 13.9% | 9.3% | 12.9% | 10.0% | -0.9% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 1.55 | 2.21 | 2.93 | 4.45 | 5.37 |
Avg | 1.44 | 1.86 | 2.46 | 4.32 | 5.21 |
Low | 1.33 | 1.48 | 1.94 | 4.16 | 5.01 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 163.4% | 52.9% | 57.5% | 80.7% | 24.1% |
Avg | 144.5% | 28.9% | 32.4% | 75.6% | 20.5% |
Low | 125.4% | 2.6% | 4.3% | 68.7% | 15.8% |
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.