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Elastic Analyst Ratings

ESTCNYSE
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$115.01
-1.35-1.16%
Q3 2025 Earnings were released on Thu Feb 27th, after the market close
The most recent conference call was at 17:00 PM, 4 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$150.00
Lowest Price Target1
$67.00
Consensus Price Target1
$127.48

Elastic Analyst Ratings and Price Targets | NYSE:ESTC | Benzinga

Elastic Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Elastic Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
17
3
Nov 24
1
Dec 24
1
Jan
9
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
UBS
Morgan Stanley
Wells Fargo
Guggenheim

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 Scotiabank on February 28, 2025. The analyst firm set a price target for $140.00 expecting ESTC to rise to within 12 months (a possible 20.73% upside). 71 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 Scotiabank, and Elastic maintained their sector outperform 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 February 28, 2025 so you should expect the next rating to be made available sometime around February 28, 2026.

Q

Is the Analyst Rating Elastic (ESTC) correct?

A

While ratings are subjective and will change, the latest Elastic (ESTC) rating was a maintained with a price target of $127.00 to $140.00. The current price Elastic (ESTC) is trading at is $115.96, which is out of the analyst’s predicted range.

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