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

Overview Forecast

Earnings Dividend Ownership

Analyst price target for ESTC

Based on 15 analysts offering 12 month price targets for Elastic NV.

Min Forecast

$120.00-25%

Avg Forecast

$176.93+10.59%

Max Forecast

$230.00+43.76%

Should I buy or sell ESTC stock?

Based on 15 analysts offering ratings for Elastic NV.

Strong Buy

12 analysts 80%

Buy

1 analysts 6.67%

Hold

2 analysts 13.33%

Sell

0 analysts 0%

Strong Sell

0 analysts 0%

ESTC stock forecasts by analyst

Analyst / Firm	Rating	Action	Price Target	Upside/Downside	Date
Blair Abernethy Rosenblatt Top 35% 66	Strong Buy	Maintains	$185.00	+15.63%	2021-08-26
Brad Reback Stifel Nicolaus Top 5% 96	Strong Buy	Maintains	$200.00	+25.01%	2021-08-26
Brian White Monness, Crespi, Hardt Top 17% 84	Strong Buy	Maintains	$230.00	+43.76%	2021-08-26
Matthew Hedberg RBC Capital Top 2% 99	Buy	Maintains	$200.00	+25.01%	2021-08-26
Raimo Lenschow Barclays Top 1% 100	Strong Buy	Maintains	$185.00	+15.63%	2021-08-26
Rob Owens Piper Sandler Top 1% 100	Strong Buy	Maintains	$175.00	+9.38%	2021-07-09
Srini Nandury Summit Insights Group Top 29% 72	Strong Buy	Initiates Coverage On	$180.00	+12.51%	2021-06-21
Brent Thill Jefferies Top 1% 100	Strong Buy	Maintains	$150.00	-6.24%	2021-06-03
David Hynes Canaccord Genuity Top 2% 99	Strong Buy	Maintains	$155.00	-3.12%	2021-06-03
Tyler Radke Citigroup Top 7% 94	Strong Buy	Maintains	$175.00	+9.38%	2021-06-03

Forecast return on equity

Is ESTC forecast to generate an efficient return?

Company

-32.03%

Industry

-4.26%

Market

60.49%

Forecast return on assets

Is ESTC forecast to generate an efficient return on assets?

Company

-9.6%

Industry

3.45%

Market

16.9%

ESTC earnings per share forecast

What is ESTC's earnings per share in the next 2 years based on estimates from 6 analysts?

Avg 1 year Forecast

-$1.78+9.1%

Avg 2 year Forecast

-$1.59-2.45%

ESTC revenue forecast

What is ESTC's revenue in the next 3 years based on estimates from 7 analysts?

Avg 1 year Forecast

$811.9M+20.69%

Avg 2 year Forecast

$1.0B+50.78%

Avg 3 year Forecast

$1.3B+96.16%

ESTC's revenue is forecast to grow at an exceptional rate of 23.83% per year

Forecast

ESTC revenue growth forecast

How is ESTC forecast to perform vs Software - Application companies and vs the US market?

Company

23.83%

Industry

18.07%

Market

12.2%

ESTC's revenues are forecast to grow faster (23.83% per year) than the US Software - Application industry average (18.07%)

Forecast

ESTC's revenues are forecast to grow faster (23.83% per year) than the US market average (12.2%)

Forecast

Elastic NV Stock Forecast FAQ

Is Elastic NV Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: ESTC) stock is to Strong Buy ESTC stock.

Out of 15 analysts, 12 (80%) are recommending ESTC as a Strong Buy, 1 (6.67%) are recommending ESTC as a Buy, 2 (13.33%) 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 2022-2023?

(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 2.82%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.84%.

Elastic NV's earnings in 2021 is -$144,922,000.On average, 6 Wall Street analysts forecast ESTC's earnings for 2022 to be $-163,240,471, with the lowest ESTC earnings forecast at $-172,576,104, and the highest ESTC earnings forecast at $-132,185,952.

In 2023, ESTC is forecast to generate $-145,955,322 in earnings, with the lowest earnings forecast at $-167,068,356 and the highest earnings forecast at $-113,826,792.

What is ESTC's revenue growth forecast for 2022-2024?

(NYSE: ESTC) Elastic NV's forecast annual revenue growth rate of 23.83% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.07%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 12.2%.

Elastic NV's revenue in 2021 is $672,714,000.On average, 7 Wall Street analysts forecast ESTC's revenue for 2022 to be $74,526,439,738, with the lowest ESTC revenue forecast at $74,042,492,280, and the highest ESTC revenue forecast at $74,730,960,780. On average, 7 Wall Street analysts forecast ESTC's revenue for 2023 to be $93,110,315,856, with the lowest ESTC revenue forecast at $89,396,441,380, and the highest ESTC revenue forecast at $95,990,868,060.

In 2024, ESTC is forecast to generate $121,133,737,680 in revenue, with the lowest revenue forecast at $120,050,547,240 and the highest revenue forecast at $122,216,928,120.

What is ESTC's forecast return on assets (ROA) for 2022-2024?

(NYSE: ESTC) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 4.95%.

What is ESTC's Price Target?

According to 15 Wall Street analysts that have issued a 1 year ESTC price target, the average ESTC price target is $176.93, with the highest ESTC stock price forecast at $230.00 and the lowest ESTC stock price forecast at $120.00.

On average, Wall Street analysts predict that Elastic NV's share price could stay at $176.93 by Aug 26, 2022. The average Elastic NV stock price prediction forecasts a potential downside of N/A from the current ESTC share price of $159.99.

What is ESTC's Earnings Per Share (EPS) forecast for 2022-2023?

(NYSE: ESTC) Elastic NV's current Earnings Per Share (EPS) is -$1.63. On average, analysts forecast that ESTC's EPS will be $-1.78 for 2022, with the lowest EPS forecast at $-1.88, and the highest EPS forecast at $-1.44. In 2023, ESTC's EPS is forecast to hit $-1.59 (min: $-1.82, max: $-1.24).

What is ESTC's forecast return on equity (ROE) for 2022-2024?

(NYSE: ESTC) forecast ROE is N/A, which is considered weak.

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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.

Analyst price target for ESTC

Based on 15 analysts offering 12 month price targets for Elastic NV.

Should I buy or sell ESTC stock?

Based on 15 analysts offering ratings for Elastic NV.

ESTC stock forecasts by analyst

Forecast return on equity

Is ESTC forecast to generate an efficient return?

Forecast return on assets

Is ESTC forecast to generate an efficient return on assets?

ESTC earnings per share forecast

What is ESTC's earnings per share in the next 2 years based on estimates from 6 analysts?

ESTC revenue forecast

What is ESTC's revenue in the next 3 years based on estimates from 7 analysts?

ESTC revenue growth forecast

How is ESTC forecast to perform vs Software - Application companies and vs the US market?

Elastic NV Stock Forecast FAQ

(NYSE: ESTC) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 4.95%.

(NYSE: ESTC) Elastic NV's current Earnings Per Share (EPS) is -$1.63. On average, analysts forecast that ESTC's EPS will be $-1.78 for 2022, with the lowest EPS forecast at $-1.88, and the highest EPS forecast at $-1.44. In 2023, ESTC's EPS is forecast to hit $-1.59 (min: $-1.82, max: $-1.24).

(NYSE: ESTC) forecast ROE is N/A, which is considered weak.

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