Elastic N.V. (ESTC)
NYSE: ESTC · Real-Time Price · USD
68.74
+2.95 (4.48%)
At close: Aug 3, 2026, 4:00 PM EDT
68.72
-0.02 (-0.03%)
After-hours: Aug 3, 2026, 7:55 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 $74. The average 1-year stock price forecast is 7.65% higher than the current stock price, while the lowest is $53 (-22.90%) and the highest is $120 (+74.57%).

Price Target: $74 (+7.65%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$53$74$70$120
Change-22.90%+7.65%+1.83%+74.57%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy141314131414
Buy565554
Hold9911111213
Sell000100
Strong Sell000000
Total282830303131

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Hold
Maintains
$70
HoldMaintains$70+1.83%Jul 22, 2026
Morgan Stanley
Morgan Stanley
Hold
Downgrades
$73$66
HoldDowngrades$73$66-3.99%Jul 21, 2026
Scotiabank
Scotiabank
Hold
Reiterates
$58
HoldReiterates$58-15.62%Jun 26, 2026
Rosenblatt Securities
Rosenblatt Securities
Buy
Maintains
$90$83
BuyMaintains$90$83+20.74%Jun 26, 2026
Robert W. Baird
Robert W. Baird
Buy
Maintains
$72
BuyMaintains$72+4.74%Jun 26, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.99B
from 1.74B
Increased by 14.70%
Revenue Next Year
2.28B
from 1.99B
Increased by 14.45%
EPS This Year
3.24
from 2.57
Increased by 26.19%
EPS Next Year
3.88
from 3.24
Increased by 19.49%
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%14.70%
Gross Profit
631.57M773.21M938.67M1.11B1.32B1.56B
Gross Margin
73.24%72.33%74.07%74.50%76.16%78.12%
Operating Income
-166.05M-181.90M-122.54M-54.02M-31.72M376.74M
Net Income
-203.85M-236.16M61.72M-108.11M367.77M29.03M
EPS
----2.573.24
EPS Growth
----25.98%26.19%
Forward PE
-84.7988.3444.9517.2621.20
Free Cash Flow
172.58M227.55M308.00M367.16M461.71M420.77M
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%