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NYSE: ESTC
Elastic Nv Stock Forecast, Predictions & Price Target

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OverviewForecast
EarningsDividendOwnership

Analyst price target for ESTC

Based on 11 analysts offering 12 month price targets for Elastic Nv.
Min Forecast
$60.00-22.66%
Avg Forecast
$140.55+81.16%
Max Forecast
$230.00+196.47%

Should I buy or sell ESTC stock?

Based on 12 analysts offering ratings for Elastic Nv.
Strong Buy
Strong Buy
8 analysts 66.67%
Buy
3 analysts 25%
Hold
1 analysts 8.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

ESTC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 24%
77
Strong BuyMaintains$125.00+61.12%2022-06-02Find out why
Stifel Nicolaus
Top 11%
90
Strong BuyMaintains$100.00+28.90%2022-06-02
Piper Sandler
Top 1%
100
Strong BuyMaintains$85.00+9.56%2022-06-02
RBC Capital
Bottom 3%
3
BuyMaintains$110.00+41.79%2022-05-31
Jefferies
Top 6%
95
HoldMaintains$60.00-22.66%2022-05-23
Anonymous
Barclays
Strong BuyMaintains$80.00+3.12%2022-05-20
William Blair
Bottom 40%
40
BuyInitiates Coverage OnN/AN/A2022-04-25
Truist Securities
Top 16%
85
Strong BuyMaintains$145.00+86.90%2022-03-04
Oppenheimer
Top 21%
80
BuyMaintains$150.00+93.35%2022-03-04
JP Morgan
Top 25%
76
Strong BuyUpgrades$156.00+101.08%2021-12-08

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Forecast return on equity

Is ESTC forecast to generate an efficient return?
Company
-30.83%
Industry
10.34%
Market
39.08%
ESTC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ESTC forecast to generate an efficient return on assets?
Company
-7.79%
Industry
3.73%
ESTC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ESTC earnings per share forecast

What is ESTC's earnings per share in the next 2 years based on estimates from 7 analysts?
Avg 1 year Forecast
-$1.92
Avg 2 year Forecast
-$1.35

ESTC revenue forecast

What is ESTC's revenue in the next 2 years based on estimates from 7 analysts?
Avg 1 year Forecast
$1.1B+25.68%
Avg 2 year Forecast
$1.4B+64.45%
ESTC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ESTC revenue growth forecast

How is ESTC forecast to perform vs Software - Application companies and vs the US market?
Company
28.24%
Industry
16.66%
Market
8.42%
ESTC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ESTC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ESTC vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
ESTC$77.58$140.55+81.16%Strong Buy
AVLR$84.35$134.70+59.69%Strong Buy
MANH$120.32$167.50+39.21%Strong Buy
PCOR$51.15$89.38+74.73%Strong Buy
CDAY$51.59$70.29+36.24%Hold
View Top App Stocks

Elastic Nv Stock Forecast FAQ

Is Elastic Nv Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: ESTC) stock is to Strong Buy ESTC stock.

Out of 12 analysts, 8 (66.67%) are recommending ESTC as a Strong Buy, 3 (25%) are recommending ESTC as a Buy, 1 (8.33%) are recommending ESTC as a Hold, 0 (0%) are recommending ESTC as a Sell, and 0 (0%) are recommending ESTC as a Strong Sell.

What is ESTC's earnings growth forecast for 2023-2024?

(NYSE: ESTC) Elastic Nv's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 21.46%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.07%.

Elastic Nv's earnings in 2022 is -$203,848,000.On average, 7 Wall Street analysts forecast ESTC's earnings for 2023 to be -$182,126,659, with the lowest ESTC earnings forecast at -$185,920,965, and the highest ESTC earnings forecast at -$178,332,354.

In 2024, ESTC is forecast to generate -$128,057,807 in earnings, with the lowest earnings forecast at -$163,155,132 and the highest earnings forecast at -$55,966,005.

What is ESTC's revenue growth forecast for 2023-2024?

(NYSE: ESTC) Elastic Nv's forecast annual revenue growth rate of 28.24% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.66%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.42%.

Elastic Nv's revenue in 2022 is $862,374,000.On average, 7 Wall Street analysts forecast ESTC's revenue for 2023 to be $102,809,645,400, with the lowest ESTC revenue forecast at $102,598,018,016, and the highest ESTC revenue forecast at $103,015,391,610.

In 2024, ESTC is forecast to generate $134,521,596,214 in revenue, with the lowest revenue forecast at $125,962,402,093 and the highest revenue forecast at $140,749,758,813.

What is ESTC's forecast return on assets (ROA) for 2023-2024?

(NYSE: ESTC) forecast ROA is -7.79%, which is lower than the forecast US Software - Application industry average of 3.73%.

What is ESTC's Price Target?

According to 11 Wall Street analysts that have issued a 1 year ESTC price target, the average ESTC price target is $140.55, with the highest ESTC stock price forecast at $230.00 and the lowest ESTC stock price forecast at $60.00.

On average, Wall Street analysts predict that Elastic Nv's share price could reach $140.55 by Jun 2, 2023. The average Elastic Nv stock price prediction forecasts a potential upside of 81.16% from the current ESTC share price of $77.58.

What is ESTC's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: ESTC) Elastic Nv's current Earnings Per Share (EPS) is -$2.20. On average, analysts forecast that ESTC's EPS will be -$1.92 for 2023, with the lowest EPS forecast at -$1.96, and the highest EPS forecast at -$1.88. In 2024, ESTC's EPS is forecast to hit -$1.35 (min: -$1.72, max: -$0.59).

What is ESTC's forecast return on equity (ROE) for 2023-2024?

(NYSE: ESTC) forecast ROE is -30.83%, which is considered weak.
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