Scotiabank Keeps Sector Perform Rating for Elastic, Reduces Price Target to $76
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 21 2025
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Source: Benzinga
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Analyst Views on ESTC
Wall Street analysts forecast ESTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ESTC is 101.14 USD with a low forecast of 75.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
26 Analyst Rating
16 Buy
10 Hold
0 Sell
Moderate Buy
Current: 71.800
Low
75.00
Averages
101.14
High
130.00
Current: 71.800
Low
75.00
Averages
101.14
High
130.00
About ESTC
Elastic NV is a Netherlands-based data analytics company. The Company’s platform, which is available as both a hosted, managed service across public clouds as well as self-managed software, allows its customers to find insights from large amounts of data and take action. The Company offers three search-powered solutions - Enterprise Search, Observability, and Security - that are built into the platform, which is built on the Elastic Stack, a set of software products that ingest data from any source, in any format, and perform search, analysis, and visualization of that data. The Company helps organizations, their employees, and their customers find what they need, while keeping mission-critical applications running smoothly, and protecting against cyber threats. The Company generates revenue primarily from sales of subscriptions to its platform.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
