Cloud Migration And AI Integration Will Expand Data Markets

AN

AnalystHighTarget

Not Invested

Community Contributor

Published

04 May 25

Updated

18 May 26

Views

64

18 May

US$55.28

AnalystHighTarget's Fair Value

US$112.23

50.7% undervalued

1Y

-39.0%

7D

13.8%

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1Y

-39.0%

7D

13.8%

You can edit this narrative until May 19 1:10 PM. Then, changes will post as Updates.

Author's Valuation

US$112.2350.7% undervalued

AnalystHighTarget Fair Value

Shared on 18 May 26

ESTC: AI Workloads And Larger Deals Will Support Future Upside

Wall Street turns more cautious on Elastic as cloud growth slows, but some analysts still see upside from bigger customer deals and growing demand for AI-related search, security, and monitoring work. New product launches and deeper ties with major cloud providers also suggest the company is pushing hard to meet customers where they build and run AI.

0 views

Shared on 02 May 26

Fair value Increased 1.20%

ESTC: AI Workloads And Larger Deals Will Drive Future Upside Potential

Narrative Update on Elastic The updated analyst price target for Elastic edges higher to $112.23 from $110.90. This reflects models that now assume more moderate revenue growth and profit margins alongside a much higher future P/E, in line with recent Street research that pairs cautious cloud and AI adoption expectations with ongoing interest in Elastic as an observability and data infrastructure name.

4 views

Shared on 03 Apr 26

ESTC: AI Demand And Larger Deals Will Support Future Upside Potential

Elastic's analyst price targets have been reset lower, with cuts ranging from about $5 to $35 as analysts factor in Q3 cloud softness, conservative guidance, and updated AI adoption expectations, despite generally solid reported results. Analyst Commentary Recent research on Elastic reflects a mixed but generally constructive stance, with many firms trimming price targets after the Q3 print while still pointing to solid execution, ongoing AI traction, and potential for subscription driven growth.

5 views

Shared on 20 Mar 26

Fair value Decreased 6.81%

ESTC: AI Demand And Larger Deals Will Drive Future Upside

Elastic's fair value estimate has been revised from $119.00 to $110.90 as analysts factor in lower Street price targets, more conservative revenue growth assumptions, and stronger profitability supported by AI driven demand and solid self managed and SaaS performance. Analyst Commentary Street research on Elastic has shifted toward more conservative price targets, but many firms still highlight constructive views on execution, AI driven demand, and the mix of self managed and SaaS revenue.

6 views

Shared on 05 Feb 26

Fair value Decreased 13%

ESTC: GenAI And Large Deals Will Shape Future Upside Potential

Analysts have trimmed their fair value estimate for Elastic to $119 from about $137, reflecting a series of reduced price targets that weigh a slightly higher discount rate and a lower assumed future P/E against ongoing expectations for steady revenue growth and modestly improving margins. Analyst Commentary Recent research on Elastic has centered on recalibrated price targets after a mixed fiscal Q2, with most firms keeping positive views on execution and long term demand drivers.

7 views

Shared on 22 Jan 26

Fair value Decreased 0.16%

ESTC: GenAI And Large Deals Will Drive Long Term Upside

Analysts have trimmed their price targets on Elastic across several firms, and our updated fair value estimate now aligns slightly lower. This reflects mixed Q2 results, slower cloud growth, and peer multiple compression, even as analysts point to raised FY26 guidance, large deal progress, and ongoing GenAI and observability opportunities as supportive factors.

11 views

Shared on 07 Jan 26

Fair value Decreased 2.31%

ESTC: GenAI And Large Deals Will Support Long Term Upside

Analysts have trimmed their fair value estimate for Elastic from about $140.57 to roughly $137.33. This reflects lower price targets across Wall Street as they weigh mixed Q2 results, softer cloud trends, higher assumed discount rates, a reduced profit margin outlook, and a materially higher future P/E assumption.

4 views

Shared on 07 May 25

Fair value Decreased 1.19%

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Valuator

Company Info

Notes

AnalystHighTarget Fair Value

US$112.23

50.7% undervalued

Future estimation in

Revenue

Profit Margin

Future PE

Est. Revenue

$

Forecast revenue growth rate

10.42%

Historical revenue growth rate

19.45%

Software revenue growth rate

1.52%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.47%

Calculation

US$212.63m

Earnings '29

x

65.41x

PE Ratio '29

=

US$13.91b

Market Cap '29

US$13.91b

Market Cap '29

/

97.63m

No. shares '29

=

US$142.45

Share Price '29

US$142.45 Share Price '29

Discounted to 2026 @ 8.51% p.a.

=

US$111.50

Fair Value '26