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Elastic gets 22 upward EPS revisions on AI and cloud search momentum
- Elastic N.V. received 22 upward EPS revisions for the current year following a strong Q1 earnings beat and growing enterprise AI adoption.
- The consensus EPS for the current year (0y) jumped 14.8% in seven days from $2.84 to $3.26, while next year's consensus rose 15.9% to $3.85.
- The momentum highlights robust demand for search-powered AI data infrastructure and observability tools.
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Conclusion
Current year (0y) consensus EPS rose from $2.84 to $3.26, and next year (+1y) rose from $3.32 to $3.85 as of 2026-06-08. Received 22 upward revisions and 0 downward revisions for 0y in the last 7 days.