11 Best Predictive Analytics Stocks to Buy According to Analysts

2. Elastic N.V. (NYSE:ESTC)

Analysts’ Upside: 43.09%

Number of Hedge Fund Holders: 64

Elastic N.V. (NYSE:ESTC) is a software company that offers solutions for search, logging, analytics, security, and observability needs. The company allows users to automate a variety of operations with its machine-learning capabilities, including anomaly detection and root cause investigation.

Elastic N.V. (NYSE:ESTC) delivered solid Q3 results, with revenue growth continuing at 17% and cloud acceleration to 26% from 25%. The company had healthy demand across its key categories, notably in search, landing 5 GenAI-related agreements for more than $1 million during the quarter.

Following the company’s Q3 results, Truist Securities raised its price target for Elastic N.V. (NYSE:ESTC) shares from $135 to $145 and reaffirmed a Buy rating on the stock. Truist Securities observed that management’s readiness to enhance investment in GenAI through fiscal year 2026 signals that there may be more positive developments in the fourth quarter.