Elastic N.V. (ESTC)
NYSE: ESTC · Real-Time Price · USD
106.38
-3.23 (-2.95%)
Feb 21, 2025, 4:00 PM EST - Market closed
Elastic Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Elastic stock have an average target of 126.92, with a low estimate of 80 and a high estimate of 150. The average target predicts an increase of 19.31% from the current stock price of 106.38.
Analyst Consensus: Buy
* Price targets were last updated on Jan 21, 2025.
Analyst Ratings
The average analyst rating for Elastic stock from 27 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 10 | 10 | 10 |
| Buy | 6 | 8 | 10 | 11 | 11 | 11 |
| Hold | 8 | 7 | 6 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 25 | 26 | 26 | 27 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $135 → $127 | Buy | Maintains | $135 → $127 | +19.38% | Jan 21, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Initiates $108 | Hold | Initiates | $108 | +1.52% | Jan 16, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $130 | Buy | Initiates | $130 | +22.20% | Dec 17, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $136 → $150 | Strong Buy | Maintains | $136 → $150 | +41.00% | Nov 25, 2024 |
| Barclays | Barclays | Buy Maintains $105 → $138 | Buy | Maintains | $105 → $138 | +29.72% | Nov 25, 2024 |
Financial Forecast
Revenue This Year
1.49B
from 1.27B
Increased by 17.18%
Revenue Next Year
1.69B
from 1.49B
Increased by 14.01%
EPS This Year
1.75
from 0.59
Increased by 197.37%
EPS Next Year
1.96
from 1.75
Increased by 11.47%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.5B | 1.8B | 2.1B | ||
| Avg | 1.5B | 1.7B | 1.9B | ||
| Low | 1.4B | 1.6B | 1.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.7% | 23.0% | 26.6% | ||
| Avg | 17.2% | 14.0% | 14.4% | ||
| Low | 12.4% | 6.8% | 3.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.91 | 2.32 | 4.14 | ||
| Avg | 1.75 | 1.96 | 2.41 | ||
| Low | 1.66 | 1.61 | 1.94 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 223.9% | 32.3% | 111.5% | ||
| Avg | 197.4% | 11.5% | 23.0% | ||
| Low | 180.7% | -8.4% | -0.8% |
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.