The latest price target for Elastic (NYSE:ESTC) was reported by Scotiabank on January 21, 2025. The analyst firm set a price target for $127.00 expecting ESTC to rise to within 12 months (a possible 15.45% upside). 71 analyst firms have reported ratings in the last year.

The latest analyst rating for Elastic (NYSE:ESTC) was provided by Scotiabank, and Elastic maintained their sector outperform rating.

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.

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.

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 21, 2025 so you should expect the next rating to be made available sometime around January 21, 2026.

While ratings are subjective and will change, the latest Elastic (ESTC) rating was a maintained with a price target of $135.00 to $127.00. The current price Elastic (ESTC) is trading at is $110.00, which is out of the analyst’s predicted range.