Elastic Stock Forecast

Stock Price Forecast

According to 26 professional analysts, the 12-month price target for Elastic stock ranges from a low of $75 to a high of $148. The average analyst price target of $107.38 forecasts a 43.81% increase in the stock price over the next year.

Price Target: $107.38 (+43.81%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$75	$107.38	$110	$148
Change	+0.44%	+43.81%	+47.31%	+98.21%

Analyst Ratings

The average analyst rating for Elastic stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	8	8	9	9	9	9
Buy	11	11	11	11	10	10
Hold	7	7	7	7	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	26	26	27	27	28	28

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tyler Radke Citigroup	Citigroup	Strong Buy Maintains $130 → $115	Strong Buy	Maintains	$130 → $115	+54.01%	Nov 24, 2025
Brent Thill Jefferies	Jefferies	Strong Buy Maintains $125 → $105	Strong Buy	Maintains	$125 → $105	+40.62%	Nov 21, 2025
Kingsley Crane Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $120 → $115	Strong Buy	Maintains	$120 → $115	+54.01%	Nov 21, 2025
Lucky Schreiner DA Davidson	DA Davidson	Hold Maintains $100 → $80	Hold	Maintains	$100 → $80	+7.14%	Nov 21, 2025
Joel Fishbein Truist Securities	Truist Securities	Strong Buy Maintains $120 → $105	Strong Buy	Maintains	$120 → $105	+40.62%	Nov 21, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.75B

from 1.48B

18.25%

from 1.48B

Revenue Next Year

1.99B

from 1.75B

13.63%

from 1.75B

EPS This Year

2.50

from -1.04

EPS Next Year

2.86

from 2.50

14.66%

from 2.50

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2021	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Apr 30, 2025	Apr 30, 2026	Apr 30, 2027
Revenue	608.49M	862.37M	1.07B	1.27B	1.48B	1.75B	1.99B
Revenue Growth	42.30%	41.72%	23.96%	18.55%	17.04%	18.25%	13.63%
EPS	-1.48	-2.20	-2.47	0.59	-1.04	2.50	2.86
EPS Growth	-	-	-	-	-	-	14.66%
Forward PE	-	-	-	-	-	29.90	26.08
No. Analysts	-	-	-	-	-	32	32

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	1.8B	2.1B
Avg	1.8B	2.0B
Low	1.7B	1.9B

Revenue Growth

Revenue Growth	2026	2027
High	22.4%	20.6%
Avg	18.3%	13.6%
Low	13.5%	7.2%

EPS Forecast

EPS	2026	2027
High	2.68	4.20
Avg	2.50	2.86
Low	2.36	2.36

EPS Growth

EPS Growth	2026	2027
High	-	68.2%
Avg	-	14.7%
Low	-	-5.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.