The latest price target for Elastic (NYSE:ESTC) was reported by RBC Capital on April 16, 2026. The analyst firm set a price target for $70.00 expecting ESTC to rise to within 12 months (a possible 43.21% upside). 73 analyst firms have reported ratings in the last year.

The latest analyst rating for Elastic (NYSE:ESTC) was provided by RBC Capital, and Elastic maintained their outperform rating.

There is no last upgrade for Elastic

The last downgrade for Elastic NV happened on October 6, 2025 when Scotiabank changed their price target from $121 to $90 for Elastic NV.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Elastic, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Elastic was filed on April 16, 2026 so you should expect the next rating to be made available sometime around April 16, 2027.

While ratings are subjective and will change, the latest Elastic (ESTC) rating was a maintained with a price target of $80.00 to $70.00. The current price Elastic (ESTC) is trading at is $48.88, which is out of the analyst’s predicted range.