Elastic NV
NYSE:ESTC

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Elastic NV
NYSE:ESTC
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Price: 103.63 USD -0.08% Market Closed
Market Cap: 10.7B USD
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Wall Street
Price Targets

ESTC Price Targets Summary
Elastic NV

Wall Street analysts forecast ESTC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ESTC is 130.88 USD with a low forecast of 94.05 USD and a high forecast of 157.5 USD.

Lowest
Price Target
94.05 USD
9% Downside
Average
Price Target
130.88 USD
26% Upside
Highest
Price Target
157.5 USD
52% Upside

ESTC Last Price Targets
Elastic NV

The latest public price target was made on Oct 14, 2024 by Chris McNally from Evercore ISI , who expects ESTC stock to drop by 59% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Chris McNally
Evercore ISI
43 USD
Downside 59%
2 months ago
Oct 14, 2024
This Elastic Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday
Benzinga
Raimo Lenschow
Barclays
95 USD
Downside 8%
2 months ago
Oct 7, 2024
Elastic upgraded to Overweight from Equal Weight at Barclays
TheFly
Kingsley Crane
Canaccord Genuity
110 USD
Upside 6%
3 months ago
Sep 3, 2024
Elastic price target lowered to $110 from $125 at Canaccord
TheFly
Brent Thill
Jefferies
110 USD
Upside 6%
3 months ago
Aug 30, 2024
Elastic price target lowered to $110 from $140 at Jefferies
TheFly
Ittai Kidron
Oppenheimer
125 USD
Upside 21%
3 months ago
Aug 30, 2024
Elastic price target lowered to $125 from $150 at Oppenheimer
TheFly
Brad Reback
Stifel Nicolaus
120 USD
Upside 16%
6 months ago
May 31, 2024
Elastic NV. (ESTC) PT Lowered to $120 at Stifel
StreetInsider
Matthew Hedberg
RBC Capital
135 USD
Upside 30%
6 months ago
May 31, 2024
RBC Capital Reiterates Outperform Rating on Elastic NV. (ESTC)
StreetInsider
Rob Owens
Piper Sandler
131 USD
Upside 26%
6 months ago
May 31, 2024
Piper Sandler Reiterates Overweight Rating on Elastic NV. (ESTC)
StreetInsider
Kingsley Crane
Canaccord Genuity
125 USD
Upside 21%
6 months ago
May 31, 2024
Elastic NV. (ESTC) PT Lowered to $125 at Canaccord Genuity
StreetInsider
Gil Luria
D.A. Davidson
100 USD
Downside 4%
6 months ago
May 31, 2024
Elastic NV. (ESTC) PT Lowered to $100 at DA Davidson
StreetInsider
Patrick Colville
Scotiabank
135 USD
Upside 30%
6 months ago
May 31, 2024
Elastic price target lowered to $135 from $154 at Scotiabank
TheFly
Shrenik Kothari
Robert W. Baird
135 USD
Upside 30%
6 months ago
May 28, 2024
Elastic NV. (ESTC) PT Lowered to $135 at Baird
StreetInsider
Austin Dietz
UBS
135 USD
Upside 30%
7 months ago
May 22, 2024
UBS Starts Elastic NV. (ESTC) at Buy
StreetInsider
Blair Abernethy
Rosenblatt Securities
136 USD
Upside 31%
9 months ago
Mar 1, 2024
Elastic Reports Q3 Results: Analysts Weigh In
Benzinga
Ittai Kidron
Oppenheimer
110 USD
Upside 6%
1 year ago
Dec 1, 2023
Elastic's Robust Q2 Performance And GenAI Adoption Fuel Analyst Optimism For Future Growth
Benzinga
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Chris McNally
Evercore ISI
Price Target 43 USD
Upside/Downside 59%
View Source
Raimo Lenschow
Barclays
Price Target 95 USD
Upside/Downside 8%
View Source
Kingsley Crane
Canaccord Genuity
Price Target 110 USD
Upside/Downside 6%
View Source
Brent Thill
Jefferies
Price Target 110 USD
Upside/Downside 6%
View Source
Ittai Kidron
Oppenheimer
Price Target 125 USD
Upside/Downside 21%
View Source
Brad Reback
Stifel Nicolaus
Price Target 120 USD
Upside/Downside 16%
View Source
Matthew Hedberg
RBC Capital
Price Target 135 USD
Upside/Downside 30%
View Source
Rob Owens
Piper Sandler
Price Target 131 USD
Upside/Downside 26%
View Source
Kingsley Crane
Canaccord Genuity
Price Target 125 USD
Upside/Downside 21%
View Source
Gil Luria
D.A. Davidson
Price Target 100 USD
Upside/Downside 4%
View Source
Patrick Colville
Scotiabank
Price Target 135 USD
Upside/Downside 30%
View Source
Shrenik Kothari
Robert W. Baird
Price Target 135 USD
Upside/Downside 30%
View Source
Austin Dietz
UBS
Price Target 135 USD
Upside/Downside 30%
View Source
Blair Abernethy
Rosenblatt Securities
Price Target 136 USD
Upside/Downside 31%
View Source
Ittai Kidron
Oppenheimer
Price Target 110 USD
Upside/Downside 6%
View Source
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42% Upside
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4% Downside
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Revenue
Forecast

Revenue Estimate
Elastic NV

For the last 6 years the compound annual growth rate for Elastic NV's revenue is 41%. The projected CAGR for the next 3 years is 16%.

41%
Past Growth
16%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Elastic NV

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Elastic NV

The compound annual growth rate of Elastic NV's net income for the next 3 years is 60%.

N/A
Past Growth
60%
Estimated Growth
Estimates Accuracy
40%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ESTC's stock price target?
Price Target
130.88 USD

According to Wall Street analysts, the average 1-year price target for ESTC is 130.88 USD with a low forecast of 94.05 USD and a high forecast of 157.5 USD.

What is Elastic NV's Revenue forecast?
Projected CAGR
16%

For the last 6 years the compound annual growth rate for Elastic NV's revenue is 41%. The projected CAGR for the next 3 years is 16%.

What is Elastic NV's Net Income forecast?
Projected CAGR
60%

The compound annual growth rate of Elastic NV's net income for the next 3 years is 60%.

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