15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 24 firms covering Elastic NV, 15 rate it Buy or better, 9 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets range widely, $49.00 to $130.00 (about 2.7x), a sign of real disagreement on valuation. The average target of $103.00 sits 16% above the current $88.47. The rating mix has stayed broadly stable, with Buy-side ratings easing from 17 to 15 over recent months. On the fundamentals, the Street sees revenue growth near 13% next year, consensus EPS building from about $0.95 next quarter toward $3.93 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS24 ratings
Moderate Buy
Strong Buy00%
Buy1563%
Hold938%
Sell00%
Strong Sell00%
Based on 24 analysts giving stock ratings to Elastic NV.
As of Sep, 15 of 24 firms rate ESTC a Buy (9 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
ESTC EPS & revenue forecast
EPS · NEXT QUARTER
$0.95
Range $0.90 – $1.06 · 27 analysts · +31% YoY
Next period, 27 analysts expect Elastic NV to earn $0.95 a share (range $0.90 – $1.06), versus $0.73 a year earlier. Full-year consensus is $3.36, growing to $3.93 the year after.
REVENUE · NEXT QUARTER
$518.0M
Range $515.0M – $522.0M · 27 analysts · +13% YoY
Revenue is expected to reach $518.0M (range $515.0M – $522.0M), +13.0% year-over-year. Full-year consensus is $2.0B, rising to $2.3B next year.
Top analysts covering Elastic NV
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ESTC.
#1
Youssef Squali
Truist Securities · Rank #235
Buy
No targeton ESTC
Overall win rate
35%
+ Follow
#2
Raimo Lenschow
Barclays · Rank #353
Buy
$118.00+33.4% to target
Overall win rate
36%
+ Follow
#3
Daniel Ives
Wedbush · Rank #437
Buy
$65.00-26.5% to target
Overall win rate
23%
+ Follow
#4
Thomas Blakey
Cantor Fitzgerald
Hold
$100.00+13.0% to target
Coverage
—
+ Follow
#5
BE
Brian Essex
JP Morgan
Buy
$105.00+18.7% to target
Coverage
—
+ Follow
ESTC stock forecast FAQ
What is ESTC's average 12-month price target?+
The 23 analysts with a live target average $103.00 for Elastic NV over the next 12 months, ranging from a $130.00 high to a $49.00 low.
Is ESTC stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 24 analyst ratings, 15 are Buy or Strong Buy, 9 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for ESTC?+
The Street-high target is $130.00 (Piper Sandler), and the Street-low is $49.00 (Rothschild & Co). The average of all 23 active targets is $103.00.
How many Wall Street analysts cover ESTC?+
24 analysts have an active rating on Elastic NV, and 23 firms carry a live 12-month price target.
Who is the most accurate analyst covering ESTC?+
Among analysts who currently cover ESTC, Youssef Squali of Truist Securities has the strongest overall Quantellect track record (Rank #235). Their current call is Buy.
What is Elastic NV's projected EPS for next quarter?+
The consensus estimate is $0.95 per share (range $0.90 – $1.06) across 27 analysts. Full-year EPS is projected at $3.36, rising to $3.93 the following year.
How much revenue is Elastic NV expected to report next quarter?+
Consensus revenue is $518.0M (range $515.0M – $522.0M). Full-year revenue is projected at $2.0B, growing to $2.3B next year.
Have analysts been upgrading or downgrading ESTC lately?+
As of Sep, 15 of 24 firms rate ESTC a Buy (9 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ESTC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
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