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

Analyst price target for ESTC

Based on 19 analysts offering 12 month price targets for Elastic Nv.
Min Forecast
$75.00+5.49%
Avg Forecast
$107.37+51.01%
Max Forecast
$160.00+125.04%

Should I buy or sell ESTC stock?

Based on 19 analysts offering ratings for Elastic Nv.
Strong Buy
Strong Buy
11 analysts 57.89%
Buy
3 analysts 15.79%
Hold
5 analysts 26.32%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ESTC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-03
lockedlocked$00.00+00.00%2024-08-30
lockedlocked$00.00+00.00%2024-08-30
lockedlocked$00.00+00.00%2024-08-30
lockedlocked$00.00+00.00%2024-08-30
Barclays
Top 1%
100
HoldMaintains$106.00+49.09%2024-08-30
RBC Capital
Top 2%
99
BuyMaintains$110.00+54.71%2024-08-30
UBS
Bottom 26%
26
Strong BuyMaintains$95.00+33.61%2024-08-30
Wells Fargo
Top 15%
86
Strong BuyMaintains$100.00+40.65%2024-08-30
Piper Sandler
Top 1%
100
Strong BuyMaintains$100.00+40.65%2024-08-30

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Forecast return on equity

Is ESTC forecast to generate an efficient return?
Company
N/A
Industry
15.96%
Market
58.7%

Forecast return on assets

Is ESTC forecast to generate an efficient return on assets?
Company
N/A
Industry
7.92%

ESTC earnings per share forecast

What is ESTC's earnings per share in the next 2 years based on estimates from 9 analysts?
Avg 1 year Forecast
-$0.94-254.46%
Avg 2 year Forecast
-$0.76-224.8%

ESTC revenue forecast

What is ESTC's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$1.4B+9.37%
Avg 2 year Forecast
$1.6B+24.21%
Avg 3 year Forecast
$1.9B+41.88%
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
11.9%
Industry
13.87%
Market
9.31%
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$71.10$107.37+51.01%Strong Buy
SMAR$52.40$55.18+5.30%Strong Buy
YMM$7.10$7.00-1.41%Hold
U$17.17$19.39+12.92%Hold
PCOR$54.30$69.57+28.12%Strong Buy

Elastic Nv Stock Forecast FAQ

Is Elastic Nv Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 19 Wall Street analysts covering (NYSE: ESTC) stock is to Strong Buy ESTC stock.

Out of 19 analysts, 11 (57.89%) are recommending ESTC as a Strong Buy, 3 (15.79%) are recommending ESTC as a Buy, 5 (26.32%) are recommending ESTC as a Hold, 0 (0%) are recommending ESTC as a Sell, and 0 (0%) are recommending ESTC as a Strong Sell.

If you're new to stock investing, here's how to buy Elastic Nv stock.

What is ESTC's earnings growth forecast for 2025-2026?

(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 19.22%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.03%.

Elastic Nv's earnings in 2024 is $61,001,000.On average, 9 Wall Street analysts forecast ESTC's earnings for 2025 to be -$96,806,809, with the lowest ESTC earnings forecast at -$118,157,324, and the highest ESTC earnings forecast at -$88,361,129.

In 2026, ESTC is forecast to generate -$78,220,148 in earnings, with the lowest earnings forecast at -$101,718,044 and the highest earnings forecast at -$58,564,934.

What is ESTC's revenue growth forecast for 2025-2027?

(NYSE: ESTC) Elastic Nv's forecast annual revenue growth rate of 11.9% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 13.87%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.31%.

Elastic Nv's revenue in 2024 is $1,320,988,000.On average, 9 Wall Street analysts forecast ESTC's revenue for 2025 to be $148,444,642,045, with the lowest ESTC revenue forecast at $147,871,322,161, and the highest ESTC revenue forecast at $151,251,649,078. On average, 8 Wall Street analysts forecast ESTC's revenue for 2026 to be $168,588,102,615, with the lowest ESTC revenue forecast at $165,851,784,486, and the highest ESTC revenue forecast at $172,704,909,269.

In 2027, ESTC is forecast to generate $192,565,614,226 in revenue, with the lowest revenue forecast at $192,565,614,226 and the highest revenue forecast at $192,565,614,226.

What is ESTC's forecast return on assets (ROA) for 2025-2027?

(NYSE: ESTC) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 7.92%.

What is ESTC's Price Target?

According to 19 Wall Street analysts that have issued a 1 year ESTC price target, the average ESTC price target is $107.37, with the highest ESTC stock price forecast at $160.00 and the lowest ESTC stock price forecast at $75.00.

On average, Wall Street analysts predict that Elastic Nv's share price could reach $107.37 by Sep 3, 2025. The average Elastic Nv stock price prediction forecasts a potential upside of 51.01% from the current ESTC share price of $71.10.

What is ESTC's Earnings Per Share (EPS) forecast for 2025-2026?

(NYSE: ESTC) Elastic Nv's current Earnings Per Share (EPS) is $0.61. On average, analysts forecast that ESTC's EPS will be -$0.94 for 2025, with the lowest EPS forecast at -$1.15, and the highest EPS forecast at -$0.86. In 2026, ESTC's EPS is forecast to hit -$0.76 (min: -$0.99, max: -$0.57).

What is ESTC's forecast return on equity (ROE) for 2025-2027?

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