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Elastic (ESTC)
NYSE:ESTC
Holding ESTC?
Track your performance easily
See the Price Targets and Ratings of:
ESTC Analyst Ratings
Strong Buy
18 Buy
5 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
ESTC Stock 12 Month Forecast
Average Price Target
$131.58
▲(26.97% Upside)
| Highest Price Target$150.00 | Average Price Target$131.58 | Lowest Price Target$110.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Morgan Stanley
Initiated
12/16/24
Scotiabank
Reiterated
12/11/24
Robert W. Baird
Upgraded
11/25/24
Wedbush
Upgraded
11/25/24
Barclays
Reiterated
11/25/24
Citi
Reiterated
11/24/24
Monness
Reiterated
11/22/24
Piper Sandler
Assigned
11/22/24
Truist Financial
Reiterated
11/22/24
Stifel Nicolaus
Reiterated
11/22/24
Oppenheimer
$125→$140
Buy
35.10%
Upside
Reiterated
11/22/24
Oppenheimer Keeps Their Buy Rating on Elastic (ESTC)
Wells Fargo
$135
Buy
30.27%
Upside
Assigned
11/22/24
Positive Outlook for Elastic Driven by Financial Performance and Generative AI Advancements
Needham
―
Hold
―
Reiterated
11/22/24
Balanced Outlook on Elastic: Hold Rating Amidst Strong Performance and Future Growth Concerns
J.P. Morgan
$100→$130
Buy
25.45%
Upside
Reiterated
11/22/24
Analysts Offer Insights on Technology Companies: Salesforce (NYSE: CRM), Elastic (NYSE: ESTC) and NetApp (NASDAQ: NTAP)
Jefferies
$110→$135
Buy
30.27%
Upside
Reiterated
11/22/24
Elastic price target raised to $135 from $110 at JefferiesElastic price target raised to $135 from $110 at Jefferies
Best Analysts Covering Elastic
Which Analyst Should I Follow If I Want to Buy ESTC and Sell After:
1 Month
xxx
Success Rate
10/15 ratings generated profit
Average Return
+3.03%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +3.03% per trade.
3 Months
xxx
Success Rate
11/15 ratings generated profit
Average Return
+12.32%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 73.33% of your transactions generating a profit, with an average return of +12.32% per trade.
1 Year
Success Rate
13/17 ratings generated profit
Average Return
+29.10%
reiterated a buy rating 27 days ago
Copying Raimo Lenschow's trades and holding each position for 1 Year would result in 76.47% of your transactions generating a profit, with an average return of +29.10% per trade.
2 Years
xxx
Success Rate
16/17 ratings generated profit
Average Return
+50.88%
reiterated a xxx
rating 27 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 94.12% of your transactions generating a profit, with an average return of +50.88% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
ESTC Analyst Recommendation Trends
Rating
Aug 24
Sep 24
Oct 24
Nov 24
Dec 24
Strong Buy
4
4
4
2
1
Buy
17
15
15
22
23
Hold
11
13
16
13
11
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
32
32
35
37
35
Each month's total comprises the sum of three months' worth of ratings.
ESTC Financial Forecast
ESTC Stock Forecast FAQ
What is ESTC’s average 12-month price target, according to analysts?
Based on analyst ratings, Elastic’s 12-month average price target is $131.58.
What is ESTC’s upside potential, based on the analysts’ average price target?
Elastic has 26.97% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is ESTC a Buy, Sell or Hold?
Elastic has a consensus rating of Strong Buy which is based on 18 buy ratings, 5 hold ratings and 0 sell ratings.
What is Elastic’s price target?
The average price target for Elastic is $131.58. This is based on 23 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $150.00 ,the lowest forecast is $110.00. The average price target represents 26.97% Increase from the current price of $103.63.
The highest analyst price target is $150.00 ,the lowest forecast is $110.00. The average price target represents 26.97% Increase from the current price of $103.63.
What do analysts say about Elastic?
Elastic’s analyst rating consensus is a Strong Buy. This is based on the ratings of 23 Wall Streets Analysts.
How can I buy shares of ESTC?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.