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ESTC

Elastic N.V (ESTC) Stock Forecast & Price Target

Elastic N.V (ESTC) Analyst Ratings

Based on 23 analyst ratings
Buy
Strong Buy 35%
Buy 39%
Hold 26%
Sell 0%
Strong Sell 0%

Bulls say

Elastic's strong performance is underscored by significant growth metrics, including a 14% year-over-year increase in net new customers contributing over $100K, reaching a total of 1,660+, and a robust 30% growth in $1M+ annual contract value (ACV) customers. The company's net retention rate remained steady at 112% for the seventh consecutive quarter, while its current remaining performance obligation (cRPO) surpassed $1 billion, reflecting a 19% year-over-year increase, suggesting that customers are increasingly integrating Elastic's offerings into their long-term infrastructure. Additionally, sales-led subscription revenue experienced a notable acceleration to 21% year-over-year growth, supported by a healthy deal pipeline and an increase in large strategic deals, thereby presenting a favorable outlook for Elastic's market position and future revenue potential.

Bears say

The analysis indicates that Elastic faces significant headwinds, notably a projected sequential decline in revenue for Q4, with guidance suggesting total revenue may decrease due to operational factors such as fewer calendar days and increased expenses shifting from Q3. Additionally, the company is at risk of multiple compression as investor sentiment could turn negative if its growth trajectory falters, particularly in cloud offerings, where deceleration has been observed against peers experiencing acceleration. Lastly, the competitive landscape appears to be intensifying, with established rivals and emerging players presenting challenges that could hinder Elastic's market positioning and growth potential.

Elastic N.V (ESTC) has been analyzed by 23 analysts, with a consensus rating of Buy. 35% of analysts recommend a Strong Buy, 39% recommend Buy, 26% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Elastic N.V and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Elastic N.V (ESTC) Forecast

Analysts have given Elastic N.V (ESTC) a Buy based on their latest research and market trends.

According to 23 analysts, Elastic N.V (ESTC) has a Buy consensus rating as of Apr 16, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $91.78, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $91.78, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Elastic N.V (ESTC)


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