Elastic Future Growth
Future criteria checks 1/6
Elastic's earnings are forecast to decline at 27.4% per annum while its annual revenue is expected to grow at 15.7% per year. EPS is expected to decline by 8.3% per annum. Return on equity is forecast to be 10.7% in 3 years.
Key information
-27.4%
Earnings growth rate
-8.3%
EPS growth rate
Software earnings growth | 15.6% |
Revenue growth rate | 15.7% |
Future return on equity | 10.7% |
Analyst coverage | Good |
Last updated | 03 Jun 2024 |
Recent future growth updates
Recent updates
Elastic: Generative AI Opportunity Awaits
Jun 03Elastic N.V. (NYSE:ESTC) Shares Could Be 25% Below Their Intrinsic Value Estimate
May 31Health Check: How Prudently Does Elastic (NYSE:ESTC) Use Debt?
May 10The Price Is Right For Elastic N.V. (NYSE:ESTC)
Apr 17Elastic: Chasing The Narrative
Apr 01When Should You Buy Elastic N.V. (NYSE:ESTC)?
Mar 27Elastic: GenAI Tailwinds Will Take Awhile To Manifest; Valuation Is Already Full
Mar 04Elastic: Expectations And Competition Intensify Before Earnings
Feb 23Is Elastic (NYSE:ESTC) Using Debt In A Risky Way?
Feb 06Elastic's Bullish Turn: Anticipate 65% YoY Profitability Surge In 2025
Jan 12Why Elastic's Recent Earnings Beat Doesn't Mean It's Time To Buy
Dec 15Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching
Nov 30Elastic: A Solid Buy For The Age Of Data Despite Premium Valuation
Nov 29Elastic: Steady Investment In Unsteady Times
Nov 01Is Elastic (NYSE:ESTC) Weighed On By Its Debt Load?
Oct 23Elastic: Improved Sentiment May Not Be Justified
Oct 11Is There An Opportunity With Elastic N.V.'s (NYSE:ESTC) 38% Undervaluation?
Oct 05Elastic N.V. Can Ride The Wave Of Generative AI
Oct 01Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching
Sep 01Elastic Earnings: Growth Hurdles And Valuation Concerns
Sep 01Is Elastic (NYSE:ESTC) Using Debt Sensibly?
Jul 24Elastic: Opportunity Is Vast
Jul 06Estimating The Fair Value Of Elastic N.V. (NYSE:ESTC)
Jul 06Elastic: Q4 2023 Earnings Review
Jun 02Is Now An Opportune Moment To Examine Elastic N.V. (NYSE:ESTC)?
May 13Health Check: How Prudently Does Elastic (NYSE:ESTC) Use Debt?
Apr 03Elastic hires new marketing chief
Feb 14Should You Investigate Elastic N.V. (NYSE:ESTC) At US$62.64?
Feb 09Elastic: Potential Acquisition Target
Jan 27A Look At The Intrinsic Value Of Elastic N.V. (NYSE:ESTC)
Dec 28Elastic: The Potential Spring Back Is Getting Very Large
Dec 20Elastic Q2 Earnings: Important Message On The Current Economic Downturn For Everyone
Dec 09Is Elastic (NYSE:ESTC) Using Debt Sensibly?
Dec 07Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
4/30/2027 | 2,161 | -73 | 251 | 264 | 6 |
4/30/2026 | 1,726 | -110 | 254 | 269 | 23 |
4/30/2025 | 1,478 | -128 | 197 | 201 | 23 |
4/30/2024 | 1,267 | 62 | 145 | 149 | N/A |
1/31/2024 | 1,212 | 56 | 111 | 115 | N/A |
10/31/2023 | 1,159 | -193 | 67 | 70 | N/A |
7/31/2023 | 1,113 | -215 | 80 | 83 | N/A |
4/30/2023 | 1,069 | -236 | 33 | 36 | N/A |
1/31/2023 | 1,028 | -255 | 2 | 5 | N/A |
10/31/2022 | 978 | -239 | -2 | 3 | N/A |
7/31/2022 | 919 | -239 | -24 | -18 | N/A |
4/30/2022 | 862 | -204 | -2 | 6 | N/A |
1/31/2022 | 801 | -182 | 0 | 7 | N/A |
10/31/2021 | 734 | -163 | 15 | 22 | N/A |
7/31/2021 | 673 | -145 | 9 | 15 | N/A |
4/30/2021 | 608 | -129 | 18 | 23 | N/A |
1/31/2021 | 555 | -117 | 15 | 18 | N/A |
10/31/2020 | 511 | -124 | -28 | -24 | N/A |
7/31/2020 | 467 | -144 | -11 | -7 | N/A |
4/30/2020 | 428 | -167 | -36 | -31 | N/A |
1/31/2020 | 385 | -171 | -50 | -44 | N/A |
10/31/2019 | 342 | -148 | -35 | -30 | N/A |
7/31/2019 | 305 | -125 | -35 | -31 | N/A |
4/30/2019 | 272 | -102 | -27 | -24 | N/A |
1/31/2019 | 241 | -89 | -32 | -28 | N/A |
10/31/2018 | 211 | -81 | -24 | -21 | N/A |
7/31/2018 | 185 | -61 | -19 | -17 | N/A |
4/30/2018 | 160 | -53 | -24 | -21 | N/A |
4/30/2017 | 88 | -52 | N/A | -16 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ESTC's earnings are forecast to decline over the next 3 years (-27.4% per year).
Earnings vs Market: ESTC's earnings are forecast to decline over the next 3 years (-27.4% per year).
High Growth Earnings: ESTC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ESTC's revenue (15.7% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: ESTC's revenue (15.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ESTC's Return on Equity is forecast to be low in 3 years time (10.7%).