Elastic N.V. (ESTC)
NYSE: ESTC · Real-Time Price · USD
85.94
+0.04 (0.05%)
At close: Aug 21, 2026, 4:00 PM EDT
85.91
-0.03 (-0.04%)
After-hours: Aug 21, 2026, 7:59 PM EDT

Elastic Stock Forecast

Stock Price Forecast

According to 31 analysts polled by S&P Global, Elastic stock has a consensus rating of "Buy" and an average price target of $78.63. The average 1-year stock price forecast is 8.51% lower than the current stock price, while the lowest is $53 (-38.33%) and the highest is $120 (+39.63%).

Price Target: $78.63 (-8.51%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$53$78.63$80$120
Change-38.33%-8.51%-6.91%+39.63%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy131413141414
Buy655544
Hold91111121212
Sell001010
Strong Sell000001
Total283030313131

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Monness
Monness
Hold
Maintains
n/a
HoldMaintainsn/an/aAug 21, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$80$93
BuyMaintains$80$93+8.22%Aug 21, 2026
Truist Financial
Truist Financial
Buy
Reiterates
$80$100
BuyReiterates$80$100+16.36%Aug 20, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$66
HoldMaintains$66-23.20%Aug 19, 2026
Guggenheim
Guggenheim
Buy
Maintains
$106
BuyMaintains$106+23.34%Aug 19, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.99B
from 1.74B
Increased by 14.69%
Revenue Next Year
2.28B
from 1.99B
Increased by 14.46%
EPS This Year
3.24
from 2.57
Increased by 26.22%
EPS Next Year
3.88
from 3.24
Increased by 19.48%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 30, 2022Apr 30, 2023Apr 30, 2024Apr 30, 2025Apr 30, 2026Apr 30, 2027
Revenue
862.37M1.07B1.27B1.48B1.74B1.99B
Revenue Growth
41.72%23.96%18.55%17.04%17.26%14.69%
Gross Profit
631.57M773.21M938.67M1.11B1.32B1.56B
Gross Margin
73.24%72.33%74.07%74.50%76.16%78.10%
Operating Income
-166.05M-181.90M-122.54M-54.02M-31.72M376.83M
Net Income
-203.85M-236.16M61.72M-108.11M367.77M29.38M
EPS
----2.573.24
EPS Growth
----25.98%26.22%
Forward PE
-84.7988.3444.9517.2626.49
Free Cash Flow
172.58M227.55M308.00M367.16M461.71M421.08M
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High2.1B
Avg2.0B
Low2.0B

Revenue Growth

Revenue Growth202720282029
High
17.9%
Avg
14.7%
Low
13.7%

EPS Forecast

EPS202720282029
High3.28
Avg3.24
Low3.11

EPS Growth

EPS Growth202720282029
High
27.8%
Avg
26.2%
Low
20.9%