Shared on27 Aug 25
Fair value Increased 9.70%

Elastic’s consensus price target saw a modest downgrade to $108.65 as analysts weighed intensifying AI competition and conservative CFO guidance against the company’s AI and subscription growth potential, with shares remaining attractively valued versus software peers. Analyst Commentary Bullish analysts note Elastic is favorably positioned for revenue upside and generative AI optionality, highlighting potential acceleration in key subscription revenue metrics.

Shared on29 Jul 25
Fair value Decreased 16%

Despite a notable improvement in Elastic's profitability, as evidenced by a higher net profit margin and a sharply reduced forward P/E ratio, the consensus analyst price target has been significantly cut from $130.14 to $110.48. What's in the News Issued Q1 FY2026 revenue guidance of $396–$398 million (14% year-over-year growth at midpoint) and FY2026 revenue guidance of $1.655–$1.670 billion (12% year-over-year growth at midpoint).