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Elastic

ESTCNYSE
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$100.39
0.420.42%
At close: -
$100.10
-0.29-0.29%
After Hours: 7:42 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$150.00
Lowest Price Target1
$67.00
Consensus Price Target1
$122.89

Elastic (NYSE:ESTC) Stock, Analyst Ratings, Price Targets, Forecasts

Elastic NV has a consensus price target of $122.89 based on the ratings of 29 analysts. The high is $150 issued by Citigroup on November 25, 2024. The low is $67 issued by Wedbush on December 1, 2023. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, Morgan Stanley, and Citigroup on January 16, 2025, December 17, 2024, and November 25, 2024, respectively. With an average price target of $129.33 between Cantor Fitzgerald, Morgan Stanley, and Citigroup, there's an implied 29.20% upside for Elastic NV from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Oct 24
17
3
Nov 24
1
Dec 24
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Cantor Fitzgerald
Morgan Stanley
Citigroup
Barclays
Wedbush

1calculated from analyst ratings

Analyst Ratings for Elastic

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FAQ

Q

What is the target price for Elastic (ESTC) stock?

A

The latest price target for Elastic (NYSE:ESTC) was reported by Cantor Fitzgerald on January 16, 2025. The analyst firm set a price target for $108.00 expecting ESTC to rise to within 12 months (a possible 7.89% upside). 70 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Elastic (ESTC)?

A

The latest analyst rating for Elastic (NYSE:ESTC) was provided by Cantor Fitzgerald, and Elastic initiated their neutral rating.

Q

When was the last upgrade for Elastic (ESTC)?

A

The last upgrade for Elastic NV happened on November 25, 2024 when Wedbush raised their price target to $135. Wedbush previously had a neutral for Elastic NV.

Q

When was the last downgrade for Elastic (ESTC)?

A

The last downgrade for Elastic NV happened on August 30, 2024 when B of A Securities changed their price target from $140 to $94 for Elastic NV.

Q

When is the next analyst rating going to be posted or updated for Elastic (ESTC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Elastic, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Elastic was filed on January 16, 2025 so you should expect the next rating to be made available sometime around January 16, 2026.

Q

Is the Analyst Rating Elastic (ESTC) correct?

A

While ratings are subjective and will change, the latest Elastic (ESTC) rating was a initiated with a price target of $0.00 to $108.00. The current price Elastic (ESTC) is trading at is $100.10, which is within the analyst’s predicted range.

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