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Forecast: (ESTC) for today October 26 & Weekly Forecast from 22 October to 28 October

Updated: October 26, 2023

Brief information about Elastic N.V.

Ticker: ESTC

Sector: Technology

Closing price of the last trading day: $75.53

Last trading day: 10/25/2023

Analyst forecast price: $98.73

52-week high/low: $189.84 / $50.74

Shares of Elastic N.V. are traded on the stock exchange under the ticker ESTC, marking their space in the competitive "Technology" sector. For stakeholders, tracking the dynamic price movement of ESTC is crucial for making informed investment decisions. In a market influenced by myriad factors, predicting the trajectory of these shares becomes both a challenge and a necessity. Predictive analytics and data-driven insights play a pivotal role in forecasting the performance of ESTC. The investors seeking up-to-date and accurate forecasts for Elastic N.V. shares can turn to resources like Allforecast.com. The website stands out as a reliable tool offering real-time predictions, ensuring that investors are equipped with current and anticipated stock trends. On Allforecast.com, users gain access to a comprehensive analysis and predictions specifically tailored for ESTC, spanning varied timeframes - from the next day's anticipations to weekly, monthly, and yearly forecasts. The platform’s real-time updating mechanism ensures that the forecasted data aligns with the ongoing market trends and economic shifts, offering users actionable insights to optimize their investment strategies. The forecasts integrate a mix of qualitative and quantitative analyses, sector-specific trends within "Technology", and broader market dynamics to present a holistic view of ESTC's expected performance. By leveraging such precise and timely data, investors can strategize their moves, balancing risks and opportunities associated with Elastic N.V.'s stocks. Navigating through the unpredictable terrains of the stock market requires actionable insights and timely data. Allforecast.com serves as a companion for investors eyeing ESTC, offering them a blend of accuracy and timeliness in predicting stock movements, aiding in informed and strategic investment choices.

Main Headquarters: Situated at KEIZERSGRACHT 281, AMSTERDAM, NL, this location serves as the primary hub for all corporate activities.

Elastic N.V.'s Current Market Value: As of our last update, it's pegged at $8 227 000 000, indicating its standing in the financial landscape.

Shares Overview: Currently, 94 858 000 shares of Elastic N.V. are actively traded and held by the public.

Last year's EBITDA (Earnings Before Interest, Taxes, and Depreciation) for Elastic N.V. stood at -146 320 000$. This figure provides insights into the company's operational profitability. On the other hand, a negative EBITDA hints at Elastic N.V.'s current challenges in achieving profitability.

In addition to fundamental factors, stocks are influenced by many other factors. For example, it is worth monitoring all global forecasts for Elastic N.V. shares. Our service will help you with this, in which we collect all forecasts and build one consensus forecast from them.

Elastic N.V. stock forecast

When considering an investment in Elastic N.V., prospective investors often seek insights on its long-term performance. Our platform consolidates the expert analyses and projections from renowned global analysts to offer a unified consensus forecast for 2023, 2024, 2025, 2026, and 2027.

With these forecasts at your disposal, you can address critical questions like:

What will be the price of one share of Elastic N.V. in the subsequent years including 2023, 2024, 2025, 2026, and 2027?

What consensus have the analysts reached regarding the future performance of Elastic N.V. stock?

Is Elastic N.V. stock a viable option for both short-term and long-term investment?

Is it prudent to sell or hold Elastic N.V. shares in 2023?

Is 2023 the opportune moment to buy Elastic N.V. stock, or is patience a more viable strategy?

What are the anticipated entry and exit points for investing in Elastic N.V. stock, according to expert forecasts?

It’s pivotal to remember that these forecasts are to be utilized as informational resources and not definitive investment advice. The final investment decision rests solely upon the investor, contingent on their risk tolerance, investment goals, and thorough analysis of Elastic N.V..

Insight into Our Forecasting Process

Our forecasting methodology encompasses the aggregation of public and expert data on Elastic N.V., coupled with a sophisticated algorithm that calculates a weighted average forecast while eliminating outliers. This ensures that our audience receives a refined and realistic projection of Elastic N.V. stock’s future performance.

Elastic N.V. Daily Share Price Forecast for One Month

Our team has meticulously gathered and analyzed forecasts from a diverse pool of analysts to present a consolidated average daily forecast for Elastic N.V. shares over the upcoming month. It’s essential to bear in mind that short-term predictions can often be subject to significant volatility, influenced by a myriad of dynamic, real-time market factors.

As you scroll, you’ll discover a detailed graph illustrating the consensus forecast for Elastic N.V. stocks over the next 30 days. The gray spectrum of the chart delineates the historical trajectory of the stock’s price, while the turquoise spectrum provides a visual representation of the anticipated price, inclusive of potential fluctuation ranges, offering insights into prospective market trends and stock behaviors.

In the dynamic world of stock trading, analysts and investors closely observe the projected highs and lows of Elastic N.V. shares. Our integrated forecast predicts a peak price of $85.62 in the forthcoming 30 days, indicating the zenith of the stock's potential performance. An encouraging revelation, denoting an upside potential of 13.36% from the current standing.

On the flip side, the stock might plummet to a minimum of $73.72 within the same period. A decline of 2.46% signals caution, nudging investors towards a more conservative stance.

Consequently, a fluctuation corridor emerges, with the stock’s resistance at $85.62 and support at $73.72, indicating the oscillating nature of Elastic N.V.’s stock over the one-month spectrum. These oscillations, while providing trading opportunities, should be navigated with adept knowledge and strategic foresight.

So, what’s the trajectory of Elastic N.V. amidst these projections? The nuances of stock trading and investment are encapsulated in the constant ebb and flow of the market, influenced by intrinsic and extrinsic factors. Hence, a comprehensive, nuanced understanding of market dynamics, coupled with real-time analytics, emerges as the cornerstone for maximizing ROI and mitigating risks.

The evolution of Elastic N.V.’s stock is akin to a narrative unfolding, shaped by myriad factors including market trends, economic indicators, and investor sentiment. Each fluctuation is a chapter of this narrative, offering insights, challenges, and opportunities to the discerning investor.

Evaluating the resilience of the support level is crucial in gauging the future trajectory of Elastic N.V. shares. The anticipation is that the price will hover near the support level for 4 days. The support level at $73.72 appears to be resilient. However, the volatility in the market and other influencing factors make the downward breach a possibility investors should be wary of.

It’s imperative to remember the innate unpredictability of the stock market. The actual future value of Elastic N.V. shares is subject to variables beyond predictive analytics. Nonetheless, investors can expect the stock to oscillate within the defined optimistic and pessimistic target price brackets, offering both challenges and opportunities for strategic trading and investment.

Forecast table for 30 days
Date	Target	Pes.	Opt.	Vol., %
Oct 28	79.30	77.74	80.97	4.16
Oct 29	79.65	78.08	81.41	4.27
Oct 30	79.03	77.01	81.12	5.34
Oct 31	78.65	76.78	80.26	4.53
Nov 01	77.77	76.92	79.09	2.82
Nov 02	78.93	77.40	79.63	2.88
Nov 03	78.80	77.24	80.70	4.47
Nov 04	77.75	77.12	79.87	3.57
Nov 05	77.17	75.15	79.19	5.38
Nov 06	75.68	73.72	76.22	3.39
Nov 07	76.42	74.60	77.33	3.66
Nov 08	76.81	76.18	78.59	3.15
Nov 09	79.34	78.08	80.48	3.08
Nov 10	81.58	80.28	82.39	2.63
Nov 11	81.56	80.53	82.25	2.13
Nov 12	84.27	83.59	85.62	2.43
Nov 13	83.30	82.00	84.29	2.80
Nov 14	82.19	80.99	83.20	2.73
Nov 15	80.43	79.07	81.53	3.11
Nov 16	78.27	76.76	80.22	4.51
Nov 17	78.33	77.69	79.26	2.02
Nov 18	78.38	77.26	80.06	3.62
Nov 19	78.43	77.53	79.58	2.65
Nov 20	79.93	79.06	81.61	3.23
Nov 21	78.92	77.58	79.46	2.42
Nov 22	79.19	77.31	80.51	4.14
Nov 23	80.27	79.12	81.55	3.07
Nov 24	79.50	78.29	81.42	4.01
Nov 25	77.42	76.66	79.21	3.33
Nov 26	76.74	75.25	77.86	3.47

Elastic N.V. Stock Forecast 28 Oct.

Presumably, on 10/28/2023, the price of shares will be in the range of $77.74 - $80.97. A $3.24 range width can provide 4.16% volatility. The weighted average price of this range is at $79.30, which is $2.02 higher than the previous day's weighted average price.

Elastic N.V. Stock Forecast 29 Oct.

Presumably, on 10/29/2023, the price of shares will be in the range of $78.08 - $81.41. A $3.33 range width can provide 4.27% volatility. The weighted average price of this range is at $79.65, which is $0.35 higher than the previous day's weighted average price.

Elastic N.V. Stock Forecast 30 Oct.

Presumably, on 10/30/2023, the price of shares will be in the range of $77.01 - $81.12. A $4.11 range width can provide 5.34% volatility. The weighted average price of this range is at $79.03, which is $0.62 lower than the previous day's weighted average price.

Elastic N.V. Stock Forecast 31 Oct.

Presumably, on 10/31/2023, the price of shares will be in the range of $76.78 - $80.26. A $3.48 range width can provide 4.53% volatility. The weighted average price of this range is at $78.65, which is $0.38 lower than the previous day's weighted average price.

Elastic N.V. Stock Forecast 01 Nov.

Presumably, on 11/01/2023, the price of shares will be in the range of $76.92 - $79.09. A $2.17 range width can provide 2.82% volatility. The weighted average price of this range is at $77.77, which is $0.88 lower than the previous day's weighted average price.

Elastic N.V. Stock Forecast 02 Nov.

Presumably, on 11/02/2023, the price of shares will be in the range of $77.40 - $79.63. A $2.23 range width can provide 2.88% volatility. The weighted average price of this range is at $78.93, which is $1.16 higher than the previous day's weighted average price.

Elastic N.V. Stock Forecast 03 Nov.

Presumably, on 11/03/2023, the price of shares will be in the range of $77.24 - $80.70. A $3.46 range width can provide 4.47% volatility. The weighted average price of this range is at $78.80, which is $0.13 lower than the previous day's weighted average price.

Elastic N.V. Stock Forecast 04 Nov.

Presumably, on 11/04/2023, the price of shares will be in the range of $77.12 - $79.87. A $2.75 range width can provide 3.57% volatility. The weighted average price of this range is at $77.75, which is $1.04 lower than the previous day's weighted average price.

Elastic N.V. Stock Forecast 06 Nov.

Presumably, on 11/06/2023, the price of shares will be in the range of $73.72 - $76.22. A $2.50 range width can provide 3.39% volatility. The weighted average price of this range is at $75.68, which is $1.50 lower than the previous day's weighted average price.

Elastic N.V. Stock Forecast 07 Nov.

Presumably, on 11/07/2023, the price of shares will be in the range of $74.60 - $77.33. A $2.73 range width can provide 3.66% volatility. The weighted average price of this range is at $76.42, which is $0.75 higher than the previous day's weighted average price.

Elastic N.V. Stock Forecast 08 Nov.

Presumably, on 11/08/2023, the price of shares will be in the range of $76.18 - $78.59. A $2.40 range width can provide 3.15% volatility. The weighted average price of this range is at $76.81, which is $0.39 higher than the previous day's weighted average price.

Elastic N.V. Stock Forecast 09 Nov.

Presumably, on 11/09/2023, the price of shares will be in the range of $78.08 - $80.48. A $2.40 range width can provide 3.08% volatility. The weighted average price of this range is at $79.34, which is $2.53 higher than the previous day's weighted average price.

Elastic N.V. Stock Forecast 10 Nov.

Presumably, on 11/10/2023, the price of shares will be in the range of $80.28 - $82.39. A $2.11 range width can provide 2.63% volatility. The weighted average price of this range is at $81.58, which is $2.24 higher than the previous day's weighted average price.

Elastic N.V. Stock Forecast 11 Nov.

Presumably, on 11/11/2023, the price of shares will be in the range of $80.53 - $82.25. A $1.72 range width can provide 2.13% volatility. The weighted average price of this range is at $81.56, which is $0.03 lower than the previous day's weighted average price.

Elastic N.V. Stock Forecast 12 Nov.

Presumably, on 11/12/2023, the price of shares will be in the range of $83.59 - $85.62. A $2.03 range width can provide 2.43% volatility. The weighted average price of this range is at $84.27, which is $2.72 higher than the previous day's weighted average price.

Elastic N.V. Stock Forecast 13 Nov.

Presumably, on 11/13/2023, the price of shares will be in the range of $82.00 - $84.29. A $2.29 range width can provide 2.80% volatility. The weighted average price of this range is at $83.30, which is $0.97 lower than the previous day's weighted average price.

Elastic N.V. Stock Forecast 14 Nov.

Presumably, on 11/14/2023, the price of shares will be in the range of $80.99 - $83.20. A $2.21 range width can provide 2.73% volatility. The weighted average price of this range is at $82.19, which is $1.10 lower than the previous day's weighted average price.

Elastic N.V. Stock Forecast 15 Nov.

Presumably, on 11/15/2023, the price of shares will be in the range of $79.07 - $81.53. A $2.46 range width can provide 3.11% volatility. The weighted average price of this range is at $80.43, which is $1.76 lower than the previous day's weighted average price.

Elastic N.V. Stock Forecast 16 Nov.

Presumably, on 11/16/2023, the price of shares will be in the range of $76.76 - $80.22. A $3.46 range width can provide 4.51% volatility. The weighted average price of this range is at $78.27, which is $2.16 lower than the previous day's weighted average price.

Table of forecasts for 2023.
Month	Target	Pes.	Opt.	Vol., %
Nov.	75.23	69.63	77.84	10.55
Dec.	77.93	71.95	81.30	11.50

Diving into a more comprehensive insight, the monthly consensus forecast is an instrumental resource for investors eyeing Elastic N.V.'s performance metrics. These projections are meticulously curated, leveraging insights from renowned global analysts and offering a panoramic view of the anticipated stock behaviour for the current year and beyond.

In the mid-term analysis, forecasting accuracy enhances, attributed to the diminished influence of transient market fluctuations. For this year, the zenith of Elastic N.V. share’s value is anticipated to touch $81.3, offering a robust metric for investment strategies, sans the extremes of varied agency forecasts.

On the contrary, the nadir projections settle at $69.63, delineating the lower threshold and offering a holistic perspective on the risk and return landscape.

Explore Detailed 2023 Forecast

Progressing further, we have extrapolated these analytical insights to generate consensus forecasts for subsequent years. The synthesized data, presented in intuitive tabular formats, offers investors, analysts, and enthusiasts a streamlined view into the future of Elastic N.V. stocks.

Anticipated Trends: Elastic N.V. (ESTC) Monthly Stock Trajectory for 2024

Table of forecasts for 2024.
Month	Target	Pes.	Opt.	Vol., %
Jan	74.85	68.92	80.95	14.87
Feb	73.95	69.60	79.98	12.98
Mar	75.99	71.98	80.18	10.24
Apr	83.19	79.00	90.88	13.07
May	83.99	77.24	87.42	11.64
Jun	85.10	77.65	92.86	16.39
Jul	82.96	77.98	90.62	13.95
Aug	84.65	80.99	87.29	7.21
Sep	88.31	80.15	91.70	12.60
Oct	82.05	78.90	88.75	11.09
Nov	79.59	77.59	81.79	5.14
Dec	77.49	74.61	83.35	10.49

Detailed forecast for 2024

Elastic N.V. (ESTC) Monthly Stock Prediction for 2025

Table of forecasts for 2025.
Month	Target	Pes.	Opt.	Vol., %
Jan	74.24	72.45	81.10	10.66
Feb	74.41	67.81	77.45	12.45
Mar	83.25	77.56	90.65	14.44
Apr	92.05	83.43	99.34	16.01
May	87.96	84.79	96.09	11.75
Jun	86.59	78.90	94.28	16.31
Jul	83.78	79.16	87.20	9.22
Aug	82.27	77.83	85.04	8.48
Sep	83.46	75.95	91.37	16.88
Oct	91.17	88.87	98.61	9.87
Nov	98.61	91.51	101.57	9.90
Dec	96.24	90.58	103.52	12.50

Detailed forecast for 2025

Elastic N.V. (ESTC) Monthly Stock Prediction for 2026

Table of forecasts for 2026.
Month	Target	Pes.	Opt.	Vol., %
Jan	107.79	104.04	110.90	6.18
Feb	111.67	107.79	118.51	9.05
Mar	104.03	94.42	112.52	16.09
Apr	94.92	91.05	100.96	9.82
May	96.40	90.04	104.50	13.84
Jun	103.92	96.44	108.04	10.73
Jul	101.55	96.31	106.55	9.61
Aug	108.01	100.49	110.73	9.25
Sep	112.29	108.11	117.81	8.24
Oct	117.54	111.62	128.40	13.07
Nov	122.76	116.57	128.65	9.39
Dec	126.15	122.97	135.08	8.96

Detailed forecast for 2026

Elastic N.V. (ESTC) Monthly Stock Prediction for 2027

Table of forecasts for 2027.
Month	Target	Pes.	Opt.	Vol., %
Jan	136.14	127.97	143.00	10.51
Feb	123.73	119.27	126.69	5.86
Mar	120.16	109.64	127.95	14.31
Apr	124.78	114.59	134.66	14.90
May	129.12	124.16	133.92	7.29
Jun	134.70	125.97	143.75	12.37
Jul	142.13	137.53	147.25	6.60
Aug	156.63	149.67	161.52	7.33
Sep	155.12	150.10	166.85	10.04
Oct	170.95	159.25	184.08	13.48
Nov	161.51	148.53	167.33	11.24
Dec	178.95	161.77	185.83	12.94

Detailed forecast for 2027

Denial of responsibility:

All submitted consensus forecasts are exposed to get acquainted with the algorithm for collecting forecasts and bringing them to a single whole. The portal allforecast.com is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.

Forecast: (ESTC) for today October 26 & Weekly Forecast from 22 October to 28 October

Brief information about Elastic N.V.