Elastic Stock Forecast

Stock Price Forecast

The 26 analysts with 12-month price forecasts for Elastic stock have an average target of 91.38, with a low estimate of 49 and a high estimate of 130. The average target predicts an increase of 92.58% from the current stock price of 47.45.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$49	$91.38	$90	$130
Change	+3.27%	+92.58%	+89.67%	+173.97%

Analyst Ratings

The average analyst rating for Elastic stock from 28 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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	9	9	9	9	8	8
Buy	10	10	10	10	10	10
Hold	9	9	9	9	9	10
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	28	28	28	28	27	28

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Sepahi Rothschild & Co	Rothschild & Co	Hold Initiates $49	Hold	Initiates	$49	+3.27%	Apr 23, 2026
Matthew Hedberg RBC Capital	RBC Capital	Buy Maintains $80 → $70	Buy	Maintains	$80 → $70	+47.52%	Apr 16, 2026
Lucky Schreiner DA Davidson	DA Davidson	Hold Maintains $80 → $65	Hold	Maintains	$80 → $65	+36.99%	Mar 2, 2026
Sanjit Singh Morgan Stanley	Morgan Stanley	Buy Maintains $80 → $73	Buy	Maintains	$80 → $73	+53.85%	Mar 2, 2026
Kingsley Crane Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $115 → $90	Strong Buy	Maintains	$115 → $90	+89.67%	Feb 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.77B

from 1.48B

19.06%

from 1.48B

Revenue Next Year

2.00B

from 1.77B

13.42%

from 1.77B

EPS This Year

2.57

from -1.04

EPS Next Year

2.90

from 2.57

12.80%

from 2.57

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	1.77B	2.00B
Revenue Growth	42.30%	41.72%	23.96%	18.55%	17.04%	19.06%	13.42%
EPS	-1.48	-2.20	-2.47	0.59	-1.04	2.57	2.90
EPS Growth	-	-	-	-	-	-	12.80%
Forward PE	-	-	-	-	-	18.43	16.34
No. Analysts	-	-	-	-	-	31	31

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	1.6B	1.8B

Revenue Growth

Revenue Growth	2026	2027
High	23.2%	18.7%
Avg	19.1%	13.4%
Low	7.9%	3.2%

EPS Forecast

EPS	2026	2027
High	2.71	3.33
Avg	2.57	2.90
Low	2.32	2.42

EPS Growth

EPS Growth	2026	2027
High	-	29.3%
Avg	-	12.8%
Low	-	-6.0%

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.