12 Month Price Forecast For ESTC
Distance to ESTC Price Forecasts
ESTC Price Momentum
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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
ESTC Price Target Range
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 |
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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
Growth & Margins
Financial Health
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Elastic NV (ESTC) Company Overview
About Elastic NV
Provides AI-powered search solutions for data management.
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.
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
Website
www.elastic.coElastic NV (ESTC) Latest News & Analysis
Elastic (ESTC) shares surged recently with above-average trading volume; however, recent earnings estimate revisions may not lead to further price increases soon.
Elastic's share surge and increased trading volume indicate heightened investor interest, but the uncertain earnings revisions suggest potential volatility ahead.
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.
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.
ESTC's upgraded search AI platform, along with multi-vendor support and features like Express migration, is contributing to increased customer growth.
ESTC's advancements in AI and migration features indicate increasing customer demand, potentially boosting revenue and market share, which may positively impact stock performance.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for investors in Elastic N.V. (NYSE:ESTC) as of January 9, 2025.
The investigation into Elastic N.V. may signal potential legal issues or financial irregularities, impacting stock performance and investor confidence.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for investors who purchased shares of Elastic N.V. (NYSE:ESTC).
The investigation into Elastic N.V. may indicate potential legal issues or financial instability, impacting investor confidence and stock performance.
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.
Elastic's presentation at a major growth conference highlights its strategic initiatives and potential for growth, impacting investor sentiment and stock performance.
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.