Where Elastic Stands With Analysts

Elastic N.V. -2.18%

Elastic N.V.

ESTC

51.70

-2.18%

In the preceding three months, 24 analysts have released ratings for Elastic (NYSE:ESTC), presenting a wide array of perspectives from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 11 8 5 0 0
Last 30D 1 0 0 0 0
1M Ago 1 0 0 0 0
2M Ago 1 2 0 0 0
3M Ago 8 6 5 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $102.96, a high estimate of $130.00, and a low estimate of $75.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 11.4%.

price target chart

Investigating Analyst Ratings: An Elaborate Study

In examining recent analyst actions, we gain insights into how financial experts perceive Elastic. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Howard Ma Guggenheim Maintains Buy $116.00 $116.00
Blair Abernethy Rosenblatt Lowers Buy $110.00 $130.00
Raimo Lenschow Barclays Lowers Overweight $100.00 $107.00
Brent Thill Jefferies Lowers Buy $95.00 $105.00
Matthew Hedberg RBC Capital Lowers Outperform $95.00 $115.00
Tyler Radke Citigroup Lowers Buy $115.00 $130.00
Brent Thill Jefferies Lowers Buy $105.00 $125.00
Kingsley Crane Canaccord Genuity Lowers Buy $115.00 $120.00
Lucky Schreiner DA Davidson Lowers Neutral $80.00 $100.00
Joel Fishbein Truist Securities Lowers Buy $105.00 $120.00
Patrick Colville Scotiabank Lowers Sector Perform $76.00 $90.00
Raimo Lenschow Barclays Lowers Overweight $107.00 $125.00
Rob Owens Piper Sandler Lowers Overweight $110.00 $125.00
Brad Reback Stifel Lowers Buy $108.00 $134.00
Radi Sultan UBS Lowers Buy $110.00 $125.00
Brian Essex JP Morgan Lowers Overweight $113.00 $120.00
Ryan Macwilliams Wells Fargo Lowers Equal-Weight $75.00 $90.00
Matthew Hedberg RBC Capital Lowers Outperform $115.00 $125.00
Thomas Blakey Cantor Fitzgerald Lowers Neutral $85.00 $94.00
Howard Ma Guggenheim Lowers Buy $116.00 $122.00
Sanjit Singh Morgan Stanley Lowers Overweight $110.00 $120.00
Daniel Ives Wedbush Lowers Outperform $90.00 $110.00
Blair Abernethy Rosenblatt Maintains Buy $130.00 $130.00
Koji Ikeda B of A Securities Lowers Neutral $90.00 $111.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Elastic. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Elastic compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Elastic's stock. This examination reveals shifts in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Elastic's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Elastic analyst ratings.

All You Need to Know About Elastic

Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.

Financial Insights: Elastic

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3M period, Elastic showcased positive performance, achieving a revenue growth rate of 15.91% as of 31 October, 2025. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Elastic's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -12.11% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Elastic's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -5.51%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Elastic's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -2.05%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Elastic's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.66, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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