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July 3, 2023
Elastic (NYSE:ESTC – Free Report) has received an average recommendation of “Moderate Buy” from the eighteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12-month price target among analysts that […]
June 16, 2023
Elastic (NYSE:ESTC – Get Rating) insider Ken Exner sold 2,235 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $70.41, for a total transaction of $157,366.35. Following the transaction, the insider now directly owns 120,882 shares of the company’s stock, valued […]
June 13, 2023
Elastic (NYSE:ESTC – Get Rating) insider Ken Exner sold 2,235 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $70.41, for a total transaction of $157,366.35. Following the transaction, the insider now directly owns 120,882 shares in the company, valued at […]
June 7, 2023
Elastic (NYSE:ESTC – Get Rating) issued an update on its FY 2024 earnings guidance on Sunday morning. The company provided EPS guidance of $0.94-$1.06 for the period, compared to the consensus EPS estimate of $0.89. The company issued revenue guidance of $1.24 billion-$1.25 billion, compared to the consensus revenue estimate of $1.25 billion. Elastic also […]
June 6, 2023
Elastic (NYSE:ESTC – Get Rating) had its price target lifted by Stifel Nicolaus from $60.00 to $70.00 in a research report report published on Friday, The Fly reports. Several other equities analysts have also issued reports on ESTC. Rosenblatt Securities reiterated a buy rating and issued a $96.00 price objective on shares of Elastic in […]
June 6, 2023
Elastic (NYSE:ESTC – Get Rating) has earned an average recommendation of “Hold” from the seventeen brokerages that are covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a […]
June 5, 2023
Wells Fargo & Company upgraded shares of Elastic (NYSE:ESTC – Get Rating) from an underweight rating to an equal weight rating in a report published on Friday morning, The Fly reports. They currently have $67.00 target price on the stock, up from their prior target price of $55.00. Several other brokerages have also recently issued […]
June 5, 2023
Elastic (NYSE:ESTC – Get Rating) had its target price hoisted by Barclays from $70.00 to $83.00 in a research report report published on Friday morning, The Fly reports. Other research analysts also recently issued reports about the company. JPMorgan Chase & Co. dropped their price target on Elastic from $70.00 to $67.00 and set an […]
June 4, 2023
Elastic (NYSE:ESTC – Get Rating) updated its first quarter 2024 earnings guidance on Sunday. The company provided earnings per share (EPS) guidance of $0.10-$0.12 for the period, compared to the consensus estimate of $0.13. The company issued revenue guidance of $283.00 million-$286.00 million, compared to the consensus revenue estimate of $285.85 million. Elastic also updated […]
June 3, 2023
Wells Fargo & Company upgraded shares of Elastic (NYSE:ESTC – Get Rating) from an underweight rating to an equal weight rating in a research report released on Friday, The Fly reports. They currently have $67.00 price target on the stock, up from their previous price target of $55.00. Several other equities research analysts have also […]