Elastic N.V. (NYSE:ESTC) has seen its one-year price target raised to $110.86 per share, a significant 32.39% increase from the previous estimate of $83.74 on August 25, 2026. The new average target suggests a 30.28% upside from its last closing price of $85.09 as of September 14, 2026. Analyst targets for the stock now range from $64.74 to $136.50 per share.
The company’s latest earnings report on August 27, 2026, indicated earnings per share (EPS) of 0.7, exceeding expectations by 17.47%. Revenue stood at approximately $478.1 million, slightly below the estimated $479.1 million. As of September 1, recommendations include 10 strong buys, 12 buys, and 14 holds, with no changes since August 1.
In a broader context, the Application Software sub-industry shows 15 companies with raised targets, while the median revision percentage stands at +0.93%. Elastic is notable for its Elastic Stack products, crucial in data search and analysis.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
