Elastic Future Growth

Future criteria checks 1/6

Elastic's earnings are forecast to decline at 29.2% per annum while its annual revenue is expected to grow at 14.5% per year. EPS is expected to decline by 6.9% per annum. Return on equity is forecast to be -2.3% in 3 years.

Key information

-29.2%

Earnings growth rate

-6.9%

EPS growth rate

Software earnings growth16.5%
Revenue growth rate14.5%
Future return on equity-2.3%
Analyst coverage

Good

Last updated02 May 2024

Recent future growth updates

Recent updates

The Price Is Right For Elastic N.V. (NYSE:ESTC)

Apr 17
The Price Is Right For Elastic N.V. (NYSE:ESTC)

Elastic: Chasing The Narrative

Apr 01

When Should You Buy Elastic N.V. (NYSE:ESTC)?

Mar 27
When Should You Buy Elastic N.V. (NYSE:ESTC)?

Elastic: GenAI Tailwinds Will Take Awhile To Manifest; Valuation Is Already Full

Mar 04

Elastic: Expectations And Competition Intensify Before Earnings

Feb 23

Is Elastic (NYSE:ESTC) Using Debt In A Risky Way?

Feb 06
Is Elastic (NYSE:ESTC) Using Debt In A Risky Way?

Elastic's Bullish Turn: Anticipate 65% YoY Profitability Surge In 2025

Jan 12

Why Elastic's Recent Earnings Beat Doesn't Mean It's Time To Buy

Dec 15

Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching

Nov 30
Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching

Elastic: A Solid Buy For The Age Of Data Despite Premium Valuation

Nov 29

Elastic: Steady Investment In Unsteady Times

Nov 01

Is Elastic (NYSE:ESTC) Weighed On By Its Debt Load?

Oct 23
Is Elastic (NYSE:ESTC) Weighed On By Its Debt Load?

Elastic: Improved Sentiment May Not Be Justified

Oct 11

Is There An Opportunity With Elastic N.V.'s (NYSE:ESTC) 38% Undervaluation?

Oct 05
Is There An Opportunity With Elastic N.V.'s (NYSE:ESTC) 38% Undervaluation?

Elastic N.V. Can Ride The Wave Of Generative AI

Oct 01

Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching

Sep 01
Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching

Elastic Earnings: Growth Hurdles And Valuation Concerns

Sep 01

Is Elastic (NYSE:ESTC) Using Debt Sensibly?

Jul 24
Is Elastic (NYSE:ESTC) Using Debt Sensibly?

Elastic: Opportunity Is Vast

Jul 06

Estimating The Fair Value Of Elastic N.V. (NYSE:ESTC)

Jul 06
Estimating The Fair Value Of Elastic N.V. (NYSE:ESTC)

Elastic: Q4 2023 Earnings Review

Jun 02

Is Now An Opportune Moment To Examine Elastic N.V. (NYSE:ESTC)?

May 13
Is Now An Opportune Moment To Examine Elastic N.V. (NYSE:ESTC)?

Health Check: How Prudently Does Elastic (NYSE:ESTC) Use Debt?

Apr 03
Health Check: How Prudently Does Elastic (NYSE:ESTC) Use Debt?

Elastic hires new marketing chief

Feb 14

Should You Investigate Elastic N.V. (NYSE:ESTC) At US$62.64?

Feb 09
Should You Investigate Elastic N.V. (NYSE:ESTC) At US$62.64?

Elastic: Potential Acquisition Target

Jan 27

A Look At The Intrinsic Value Of Elastic N.V. (NYSE:ESTC)

Dec 28
A Look At The Intrinsic Value Of Elastic N.V. (NYSE:ESTC)

Elastic: The Potential Spring Back Is Getting Very Large

Dec 20

Elastic Q2 Earnings: Important Message On The Current Economic Downturn For Everyone

Dec 09

Is Elastic (NYSE:ESTC) Using Debt Sensibly?

Dec 07
Is Elastic (NYSE:ESTC) Using Debt Sensibly?

Elastic: Declining Prospects

Nov 03

What Is Elastic N.V.'s (NYSE:ESTC) Share Price Doing?

Oct 26
What Is Elastic N.V.'s (NYSE:ESTC) Share Price Doing?

Elastic: Value Makes Up For Growth Deceleration

Oct 18

Are Investors Undervaluing Elastic N.V. (NYSE:ESTC) By 35%?

Sep 09
Are Investors Undervaluing Elastic N.V. (NYSE:ESTC) By 35%?

Elastic: Driving Product Adoption Through Hyperscalers Including Amazon

Sep 08

Earnings and Revenue Growth Forecasts

NYSE:ESTC - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
4/30/20272,177-352542642
4/30/20261,733-11625226818
4/30/20251,482-13418519322
4/30/20241,2625414013921
1/31/20241,21256111115N/A
10/31/20231,159-1936770N/A
7/31/20231,113-2158083N/A
4/30/20231,069-2363336N/A
1/31/20231,028-25525N/A
10/31/2022978-239-23N/A
7/31/2022919-239-24-18N/A
4/30/2022862-204-26N/A
1/31/2022801-18207N/A
10/31/2021734-1631522N/A
7/31/2021673-145915N/A
4/30/2021608-1291823N/A
1/31/2021555-1171518N/A
10/31/2020511-124-28-24N/A
7/31/2020467-144-11-7N/A
4/30/2020428-167-36-31N/A
1/31/2020385-171-50-44N/A
10/31/2019342-148-35-30N/A
7/31/2019305-125-35-31N/A
4/30/2019272-102-27-24N/A
1/31/2019241-89-32-28N/A
10/31/2018211-81-24-21N/A
7/31/2018185-61-19-17N/A
4/30/2018160-53-24-21N/A
4/30/201788-52N/A-16N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ESTC's earnings are forecast to decline over the next 3 years (-29.2% per year).

Earnings vs Market: ESTC's earnings are forecast to decline over the next 3 years (-29.2% per year).

High Growth Earnings: ESTC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ESTC's revenue (14.5% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: ESTC's revenue (14.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ESTC is forecast to be unprofitable in 3 years.


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