Elastic Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for Elastic stock have an average target of 72.91, with a low estimate of 49 and a high estimate of 106. The average target predicts an increase of 29.64% from the current stock price of 56.24.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$49	$72.91	$72	$106
Change	-12.87%	+29.64%	+28.02%	+88.48%

Analyst Ratings

The average analyst rating for Elastic stock from 31 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	15	14	13	14	13	14
Buy	5	5	6	5	5	5
Hold	9	9	9	11	11	12
Sell	0	0	0	0	1	0
Strong Sell	0	0	0	0	0	0
Total	29	28	28	30	30	31

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Blair Abernethy Rosenblatt Securities	Rosenblatt Securities	Buy Maintains $90 → $83	Buy	Maintains	$90 → $83	+47.58%	Jun 26, 2026
Shrenik Kothari Robert W. Baird	Robert W. Baird	Buy Maintains $72	Buy	Maintains	$72	+28.02%	Jun 26, 2026
Patrick Colville Scotiabank	Scotiabank	Hold Reiterates $58	Hold	Reiterates	$58	+3.13%	Jun 26, 2026
Thomas Blakey Cantor Fitzgerald	Cantor Fitzgerald	Hold Maintains $59	Hold	Maintains	$59	+4.91%	Jun 25, 2026
Youssef Squali Truist Financial	Truist Financial	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 25, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.00B

from 1.74B

14.70%

from 1.74B

Revenue Next Year

2.28B

from 2.00B

14.29%

from 2.00B

EPS This Year

3.26

from 2.57

26.88%

from 2.57

EPS Next Year

3.85

from 3.26

18.11%

from 3.26

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Apr 30, 2025	Apr 30, 2026	Apr 30, 2027	Apr 30, 2028
Revenue	862.37M	1.07B	1.27B	1.48B	1.74B	2.00B	2.28B
Revenue Growth	41.72%	23.96%	18.55%	17.04%	17.26%	14.70%	14.29%
EPS	-2.20	-2.47	0.59	-1.04	3.43	0.25	0.74
EPS Growth	-	-	-	-	-	-92.83%	202.10%
Forward PE	-	-	-	-	-	228.66	75.69
No. Analysts	-	-	-	-	-	28	28

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

Revenue Forecast

Revenue	2027	2028
High	2.1B	2.4B
Avg	2.0B	2.3B
Low	2.0B	2.2B

Revenue Growth

Revenue Growth	2027	2028
High	17.9%	19.6%
Avg	14.7%	14.3%
Low	13.7%	10.3%

EPS Forecast

EPS	2027	2028
High	3.75	4.48
Avg	3.26	3.85
Low	3.11	3.06

EPS Growth

EPS Growth	2027	2028
High	45.9%	37.4%
Avg	26.9%	18.1%
Low	20.9%	-6.2%

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.