Elastic N.V. (ESTC)
NYSE: ESTC · Real-Time Price · USD
103.63
-0.08 (-0.08%)
At close: Dec 20, 2024, 4:00 PM
106.27
+2.64 (2.55%)
After-hours: Dec 20, 2024, 5:06 PM EST
Elastic Stock Forecast
Stock Price Forecast
The 24 analysts with 12-month price forecasts for Elastic stock have an average target of 128.04, with a low estimate of 80 and a high estimate of 150. The average target predicts an increase of 23.55% from the current stock price of 103.63.
Analyst Consensus: Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 10 | 10 | 10 | 10 |
| Buy | 7 | 6 | 6 | 8 | 10 | 11 |
| Hold | 6 | 8 | 8 | 7 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 23 | 24 | 25 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Initiates $130 | Buy | Initiates | $130 | +25.45% | Dec 17, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $136 → $150 | Strong Buy | Maintains | $136 → $150 | +44.75% | Nov 25, 2024 |
| Barclays | Barclays | Buy Maintains $105 → $138 | Buy | Maintains | $105 → $138 | +33.17% | Nov 25, 2024 |
| Wedbush | Wedbush | Hold → Buy Upgrades $135 | Hold → Buy | Upgrades | $135 | +30.27% | Nov 25, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $75 → $115 | Hold | Maintains | $75 → $115 | +10.97% | Nov 22, 2024 |
Financial Forecast
Revenue This Year
1.48B
from 1.27B
Increased by 17.10%
Revenue Next Year
1.69B
from 1.48B
Increased by 13.88%
EPS This Year
1.74
from 0.59
Increased by 194.29%
EPS Next Year
1.95
from 1.74
Increased by 12.23%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.5B | 1.8B | 2.7B | ||
| Avg | 1.5B | 1.7B | 2.0B | ||
| Low | 1.4B | 1.6B | 1.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.7% | 23.0% | 57.5% | ||
| Avg | 17.1% | 13.9% | 17.8% | ||
| Low | 11.3% | 6.3% | 3.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.91 | 2.32 | 4.14 | ||
| Avg | 1.74 | 1.95 | 2.44 | ||
| Low | 1.43 | 1.61 | 1.94 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 223.9% | 33.6% | 112.3% | ||
| Avg | 194.3% | 12.2% | 25.0% | ||
| Low | 142.5% | -7.4% | -0.4% |
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.