15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 25 firms covering Elastic NV, 16 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 $110.00 (about 2.2x), a sign of real disagreement on valuation. The average target of $74.65 sits 20% above the current $62.08. The rating mix has stayed broadly stable, with Buy-side ratings easing from 17 to 16 over recent months. On the fundamentals, the Street sees revenue growth near 13% next year, consensus EPS building from about $0.80 next quarter toward $3.88 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS25 ratings
Moderate Buy
Strong Buy00%
Buy1664%
Hold936%
Sell00%
Strong Sell00%
Based on 25 analysts giving stock ratings to Elastic NV.
As of Jul, 16 of 25 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
$0.80
Range $0.73 – $0.88 · 27 analysts · +25% YoY
Next period, 27 analysts expect Elastic NV to earn $0.80 a share (range $0.73 – $0.88), versus $0.64 a year earlier. Full-year consensus is $3.26, growing to $3.88 the year after.
REVENUE · NEXT QUARTER
$483.5M
Range $479.3M – $487.2M · 27 analysts · +13% YoY
Revenue is expected to reach $483.5M (range $479.3M – $487.2M), +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 #170
Buy
No targeton ESTC
Overall win rate
37%
+ Follow
#2
Raimo Lenschow
Barclays · Rank #285
Buy
$68.00+9.5% to target
Overall win rate
37%
+ Follow
#3
Daniel Ives
Wedbush · Rank #375
Buy
$65.00+4.7% to target
Overall win rate
23%
+ Follow
#4
Thomas Blakey
Cantor Fitzgerald
Hold
$59.00-5.0% to target
Coverage
—
+ Follow
#5
Tyler Radke
Citigroup
Buy
$104.00+67.5% to target
Coverage
—
+ Follow
ESTC stock forecast FAQ
What is ESTC's average 12-month price target?+
The 20 analysts with a live target average $74.65 for Elastic NV over the next 12 months, ranging from a $110.00 high to a $49.00 low.
Is ESTC stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 25 analyst ratings, 16 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 $110.00 (UBS), and the Street-low is $49.00 (Rothschild & Co). The average of all 20 active targets is $74.65.
How many Wall Street analysts cover ESTC?+
25 analysts have an active rating on Elastic NV, and 20 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 #170). Their current call is Buy.
What is Elastic NV's projected EPS for next quarter?+
The consensus estimate is $0.80 per share (range $0.73 – $0.88) across 27 analysts. Full-year EPS is projected at $3.26, rising to $3.88 the following year.
How much revenue is Elastic NV expected to report next quarter?+
Consensus revenue is $483.5M (range $479.3M – $487.2M). Full-year revenue is projected at $2.0B, growing to $2.3B next year.
Have analysts been upgrading or downgrading ESTC lately?+
As of Jul, 16 of 25 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.
