WallStreetZenWallStreetZen

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

OverviewForecast
EarningsDividendOwnership

Analyst price target for ESTC

Based on 14 analysts offering 12 month price targets for Elastic Nv.
Min Forecast
$67.00-36.06%
Avg Forecast
$118.29+12.88%
Max Forecast
$155.00+47.91%

Should I buy or sell ESTC stock?

Based on 14 analysts offering ratings for Elastic Nv.
Strong Buy
Strong Buy
8 analysts 57.14%
Buy
3 analysts 21.43%
Hold
3 analysts 21.43%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their ESTC stock forecasts and price targets.

ESTC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-04
lockedlocked$00.00+00.00%2024-03-04
lockedlocked$00.00+00.00%2024-03-01
lockedlocked$00.00+00.00%2024-03-01
lockedlocked$00.00+00.00%2024-03-01
Stifel Nicolaus
Top 9%
92
Strong BuyMaintains$130.00+24.06%2024-03-01Find out why
Barclays
Top 1%
100
HoldMaintains$128.00+22.15%2024-03-01
Truist Securities
Top 36%
65
Strong BuyMaintains$140.00+33.60%2024-02-20
JP Morgan
Top 20%
81
Strong BuyMaintains$98.00-6.48%2023-12-01
Piper Sandler
Top 1%
100
Strong BuyMaintains$105.00+0.20%2023-12-01Find out why

1 of 2

Forecast return on equity

Is ESTC forecast to generate an efficient return?
Company
N/A
Industry
0.29%
Market
19.16%

Forecast return on assets

Is ESTC forecast to generate an efficient return on assets?
Company
N/A
Industry
0.19%

ESTC revenue forecast

What is ESTC's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$1.3B+4.06%
Avg 2 year Forecast
$1.5B+21.61%
Avg 3 year Forecast
$1.7B+40.04%
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
10.4%
Industry
13.92%
Market
9.03%
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$104.79$118.29+12.88%Strong Buy
PAYC$186.58$191.82+2.81%Hold
PCOR$69.82$82.27+17.84%Strong Buy
OTEX$35.74$50.50+41.30%Buy
DOCU$57.35$64.77+12.94%Hold
View Top App Stocks

Elastic Nv Stock Forecast FAQ

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

The consensus among 14 Wall Street analysts covering (NYSE: ESTC) stock is to Strong Buy ESTC stock.

Out of 14 analysts, 8 (57.14%) are recommending ESTC as a Strong Buy, 3 (21.43%) are recommending ESTC as a Buy, 3 (21.43%) 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 revenue growth forecast for 2024-2026?

(NYSE: ESTC) Elastic Nv's forecast annual revenue growth rate of 10.4% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 13.92%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.03%.

Elastic Nv's revenue in 2024 is $1,212,263,000.On average, 9 Wall Street analysts forecast ESTC's revenue for 2024 to be $127,167,379,767, with the lowest ESTC revenue forecast at $127,118,286,503, and the highest ESTC revenue forecast at $127,259,417,035. On average, 9 Wall Street analysts forecast ESTC's revenue for 2025 to be $148,613,474,632, with the lowest ESTC revenue forecast at $146,312,038,882, and the highest ESTC revenue forecast at $152,950,214,272.

In 2026, ESTC is forecast to generate $171,142,141,487 in revenue, with the lowest revenue forecast at $167,017,904,106 and the highest revenue forecast at $174,568,387,579.

What is ESTC's forecast return on assets (ROA) for 2024-2026?

(NYSE: ESTC) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.19%.

What is ESTC's Price Target?

According to 14 Wall Street analysts that have issued a 1 year ESTC price target, the average ESTC price target is $118.29, with the highest ESTC stock price forecast at $155.00 and the lowest ESTC stock price forecast at $67.00.

On average, Wall Street analysts predict that Elastic Nv's share price could reach $118.29 by Mar 4, 2025. The average Elastic Nv stock price prediction forecasts a potential upside of 12.88% from the current ESTC share price of $104.79.

What is ESTC's forecast return on equity (ROE) for 2024-2026?

(NYSE: ESTC) forecast ROE is N/A, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.