Skip to main
ESTC

Elastic N.V (ESTC) Stock Forecast & Price Target

Elastic N.V (ESTC) Analyst Ratings

Based on 23 analyst ratings
Buy
Strong Buy 35%
Buy 39%
Hold 26%
Sell 0%
Strong Sell 0%

Bulls say

Elastic's stock outlook is bolstered by a significant increase in high-value customer acquisition, with 60 net new customers generating over $100K in annual contract value (ACV), bringing the total to over 1,660 and a 30% year-over-year growth in $1M+ ACV customers. Additionally, the company reported a strong net retention rate of 112% for the seventh consecutive quarter and a notable rise in current remaining performance obligations (cRPO) to $1.055 billion, reflecting a 19% year-over-year increase and indicating long-term customer commitment to Elastic’s solutions. Furthermore, sales-led subscription revenue grew 21% year-over-year, while cloud revenue exceeded expectations at $218.5 million, contributing to an overall positive momentum in sales execution, particularly in large strategic deals.

Bears say

The negative outlook on Elastic's stock is primarily driven by a forecasted sequential decline in revenue for the fourth quarter, which is expected to fall between $371 million and $373 million, influenced by fewer calendar days and increased expenses. Additionally, there are significant concerns regarding product execution, slowing growth in core markets, and intense competition with established players like Splunk and Datadog, which could further pressure profitability and market share. Lastly, the company's current expectations for an 18% year-over-year growth in subscriptions are under scrutiny, as this could lead to multiple compression if the anticipated use case expansions do not materialize.

Elastic N.V (ESTC) has been analyzed by 23 analysts, with a consensus rating of Buy. 35% of analysts recommend a Strong Buy, 39% recommend Buy, 26% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Elastic N.V and is not a guaranteed prediction by Public.com or investment advice.

Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy

FAQs About Elastic N.V (ESTC) Forecast

Analysts have given Elastic N.V (ESTC) a Buy based on their latest research and market trends.

According to 23 analysts, Elastic N.V (ESTC) has a Buy consensus rating as of Mar 17, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $92.87, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $92.87, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Elastic N.V (ESTC)


Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy
Disclaimer: Any investment listed here, which may be available on the Public platform, is intended to be used for informational purposes only, should not be the sole basis for making an investment decision, and is not a recommendation or advice.