ESTC Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: ESTC's strategic moves in AI and strong analyst upgrades bolster growth potential, with increased adoption fueling optimism.




Bearish Case: Intensified competition and elevated volatility suggest cautious investor sentiment, potentially limiting upside momentum.




Potential Outcomes:
  • AI-driven growth expands revenues (60%).
  • Competitive pressure restricts market (30%).
  • Market correction triggers volatility (10%).




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July 02, 2025


Elastic Forecast

ESTC        Elastic











Correlated Assets

Assets that tend to move strongly with ESTC



BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (0.8)


CHCT Forecast + Options Trading Strategies   CHCT  Community Healthcare (0.79)


BRZE Forecast + Options Trading Strategies   BRZE  Braze (0.72)


ALLY Forecast + Options Trading Strategies   ALLY  Ally Financial (0.69)


MEOH Forecast + Options Trading Strategies   MEOH  Methanex (0.69)



Uncorrelated Assets

Assets with little price relationship to ESTC



BCE Forecast + Options Trading Strategies   BCE  BCE (0.0)


SMG Forecast + Options Trading Strategies   SMG  Scotts Miracle-Gro (-0.0)


ADP Forecast + Options Trading Strategies   ADP  Automatic Data Processing (-0.0)


DHT Forecast + Options Trading Strategies   DHT  DHT (-0.0)


COPX Forecast + Options Trading Strategies   COPX  Global X Funds - Global X Copper Miners (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against ESTC



KO Forecast + Options Trading Strategies   KO  Coca-Cola (-0.57)


SCO Forecast + Options Trading Strategies   SCO  ProShares UltraShort Bloomberg Crude Oil (-0.57)


FXB Forecast + Options Trading Strategies   FXB  Invesco CurrencyShares British Pound Sterling (-0.59)


NGG Forecast + Options Trading Strategies   NGG  National Grid (-0.66)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.71)









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