Elastic (ESTC, Financial) has projected its fiscal year 2026 revenue to fall between $1.655 billion and $1.67 billion. This estimate, however, is slightly below the consensus expectation of $1.69 billion. Furthermore, the company anticipates achieving a non-GAAP operating margin of approximately 16% for the same period.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 24 analysts, the average target price for Elastic NV (ESTC, Financial) is $127.48 with a high estimate of $160.00 and a low estimate of $91.00. The average target implies an upside of 38.52% from the current price of $92.03. More detailed estimate data can be found on the Elastic NV (ESTC) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, Elastic NV's (ESTC, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Elastic NV (ESTC, Financial) in one year is $119.88, suggesting a upside of 30.26% from the current price of $92.03. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Elastic NV (ESTC) Summary page.
