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Elastic NV (ESTC) Stock Forecast & Price Prediction

Live ESTC Stock Price & Analysis

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$116.39

+3.43 (3.04%)

12 Month Price Forecast For ESTC

$116.39
Current Price
$11.71B
Market Cap
29 Ratings
Buy 21
Hold 8
Sell 0
Wall St Analyst Ratings

Distance to ESTC Price Forecasts

+28.9%
To High Target of $150.00
+11.7%
To Median Target of $130.00
-20.0%
To Low Target of $93.12

ESTC Price Momentum

+0.8%
1 Week Change
+19.4%
1 Month Change
-10.7%
1 Year Change
+17.5%
Year-to-Date Change
-14.5%
From 52W High of $136.06
+68.7%
From 52W Low of $69.00

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 11, 2025 3:08 AM UTC

ESTC Analyst Ratings & Price Targets

Based on our analysis of 34 Wall Street analysts, ESTC has a consensus that is bullish. The median price target is $130.00, with forecasts ranging from $93.12 to $150.00. Currently, there are 21 Buy ratings, 8 Hold ratings, and 0 Sell ratings.

With ESTC currently trading at $116.39, the median price forecast suggests a 11.7% upside. The most optimistic forecast comes from Tyler Radke at Citigroup, projecting a 28.9% upside, while at provides the most conservative target, suggesting a -20.0% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

ESTC Analyst Consensus

21
Buy
8
Hold
0
Sell

ESTC Price Target Range

Low
$93.12
Average
$130.00
High
$150.00
Current: $116.39

Latest ESTC Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for ESTC.

Date Firm Analyst Rating Change Price Target
Jan 21, 2025 Scotiabank Patrick Colville Sector Outperform Maintains $127.00
Jan 16, 2025 Cantor Fitzgerald Thomas Blakey Neutral Initiates $108.00
Dec 17, 2024 Morgan Stanley Sanjit Singh Overweight Initiates $130.00
Nov 25, 2024 Wedbush Daniel Ives Outperform Upgrade $135.00
Nov 25, 2024 Barclays Raimo Lenschow Overweight Maintains $138.00
Nov 25, 2024 Citigroup Tyler Radke Buy Maintains $150.00
Nov 22, 2024 Piper Sandler Rob Owens Overweight Maintains $130.00
Nov 22, 2024 Oppenheimer Ittai Kidron Outperform Maintains $140.00
Nov 22, 2024 Rosenblatt Blair Abernethy Buy Maintains $130.00
Nov 22, 2024 Guggenheim Howard Ma Buy Maintains $120.00
Nov 22, 2024 B of A Securities Koji Ikeda Neutral Maintains $120.00
Nov 22, 2024 DA Davidson Gil Luria Neutral Maintains $115.00
Nov 22, 2024 RBC Capital Matthew Hedberg Outperform Maintains $130.00
Nov 22, 2024 Canaccord Genuity Kingsley Crane Buy Maintains $130.00
Nov 22, 2024 JP Morgan Pinjalim Bora Overweight Maintains $130.00
Nov 22, 2024 Jefferies Brent Thill Buy Maintains $135.00
Nov 22, 2024 Wells Fargo Andrew Nowinski Overweight Maintains $135.00
Nov 22, 2024 Truist Securities Joel Fishbein Buy Maintains $135.00
Nov 22, 2024 Stifel Brad Reback Buy Maintains $132.00
Nov 22, 2024 Scotiabank Patrick Colville Sector Outperform Maintains $135.00

Stocks Similar to Elastic NV

The following stocks are similar to Elastic based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Elastic NV (ESTC) Financial Data

Elastic NV has a market capitalization of $11.71B with a P/E ratio of 188.3x. The company generates $1.32B in trailing twelve-month revenue with a 4.6% profit margin.

Revenue growth is +18.3% quarter-over-quarter, while maintaining an operating margin of -9.7% and return on equity of +10.4%.

Valuation Metrics

Market Cap $11.71B
Enterprise Value $9.11B
P/E Ratio 188.3x
PEG Ratio 61.1x
Price/Sales 8.9x

Growth & Margins

Revenue Growth (YoY) +18.3%
Gross Margin +74.5%
Operating Margin -9.7%
Net Margin +4.6%
EPS Growth +17.6%

Financial Health

Cash/Price Ratio +9.6%
Current Ratio 1.9x
Debt/Equity 77.8x
ROE +10.4%
ROA -3.9%

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Elastic NV logo

Elastic NV (ESTC) Company Overview

About Elastic NV

What They Do

Provides AI-powered search solutions for data management.

Business Model

Elastic N.V. generates revenue primarily through its Elastic Stack, a suite of software products designed for data ingestion, storage, search, and analysis across various environments. The company offers subscription-based pricing for its hosted and managed solutions, catering to the needs of enterprises looking to leverage AI in data management and analytics.

Additional Information

Founded in 2012 and headquartered in Amsterdam, the Netherlands, Elastic N.V. serves clients both in the U.S. and internationally. Its product offerings are versatile, addressing diverse use cases including application performance monitoring, log analysis, and security management, positioning the company as a key player in the search AI market.

Company Information

Sector

Technology

Industry

Software - Application

Employees

3,299

CEO

Mr. Ashutosh Kulkarni

Country

Netherlands

IPO Year

2018

Elastic NV (ESTC) Latest News & Analysis

ESTC stock latest news image
Quick Summary

Elastic (ESTC) shares surged recently with above-average trading volume; however, recent earnings estimate revisions may not lead to further price increases soon.

Why It Matters

Elastic's share surge and increased trading volume indicate heightened investor interest, but the uncertain earnings revisions suggest potential volatility ahead.

Source: Zacks Investment Research
Market Sentiment: Positive
ESTC stock latest news image
Quick Summary

Elastic's stock has declined from $136 to $70 in 2024 but is now viewed as a buy following a year of consolidation and improved quarterly results, with a better valuation and strong financials.

Why It Matters

Elastic's stock drop and subsequent consolidation signal a potential recovery, supported by improved financials and a revised business model, making it an attractive investment option.

Source: Seeking Alpha
Market Sentiment: Positive
ESTC stock latest news image
Quick Summary

ESTC's upgraded search AI platform, along with multi-vendor support and features like Express migration, is contributing to increased customer growth.

Why It Matters

ESTC's advancements in AI and migration features indicate increasing customer demand, potentially boosting revenue and market share, which may positively impact stock performance.

Source: Zacks Investment Research
Market Sentiment: Neutral
ESTC stock latest news image
Quick Summary

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for investors in Elastic N.V. (NYSE:ESTC) as of January 9, 2025.

Why It Matters

The investigation into Elastic N.V. may signal potential legal issues or financial irregularities, impacting stock performance and investor confidence.

Source: Accesswire
Market Sentiment: Neutral
ESTC stock latest news image
Quick Summary

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for investors who purchased shares of Elastic N.V. (NYSE:ESTC).

Why It Matters

The investigation into Elastic N.V. may indicate potential legal issues or financial instability, impacting investor confidence and stock performance.

Source: Accesswire
Market Sentiment: Neutral
ESTC stock latest news image
Quick Summary

Elastic (NYSE: ESTC) will present at the 27th Annual Needham Growth Conference on January 16, 2025, at 12:00 p.m. PT. A live webcast will be available on its Investor Relations page.

Why It Matters

Elastic's presentation at a major growth conference highlights its strategic initiatives and potential for growth, impacting investor sentiment and stock performance.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About ESTC Stock

What is Elastic NV's (ESTC) stock forecast for 2025?

Based on our analysis of 34 Wall Street analysts, Elastic NV (ESTC) has a median price target of $130.00. The highest price target is $150.00 and the lowest is $93.12.

Is ESTC stock a good investment in 2025?

According to current analyst ratings, ESTC has 21 Buy ratings, 8 Hold ratings, and 0 Sell ratings. The stock is currently trading at $116.39. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for ESTC stock?

Wall Street analysts predict ESTC stock could reach $130.00 in the next 12 months. This represents a 11.7% increase from the current price of $116.39. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Elastic NV's business model?

Elastic N.V. generates revenue primarily through its Elastic Stack, a suite of software products designed for data ingestion, storage, search, and analysis across various environments. The company offers subscription-based pricing for its hosted and managed solutions, catering to the needs of enterprises looking to leverage AI in data management and analytics.

What is the highest forecasted price for ESTC Elastic NV?

The highest price target for ESTC is $150.00 from Tyler Radke at Citigroup, which represents a 28.9% increase from the current price of $116.39.

What is the lowest forecasted price for ESTC Elastic NV?

The lowest price target for ESTC is $93.12 from at , which represents a -20.0% decrease from the current price of $116.39.

What is the overall ESTC consensus from analysts for Elastic NV?

The overall analyst consensus for ESTC is bullish. Out of 34 Wall Street analysts, 21 rate it as Buy, 8 as Hold, and 0 as Sell, with a median price target of $130.00.

How accurate are ESTC stock price projections?

Stock price projections, including those for Elastic NV, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.