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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) had its price target upped by Citigroup from $75.00 to $92.00 in a research note issued to investors on Thursday, The Fly reports. Other equities research analysts have also recently issued reports about the company. Wells Fargo & Company lifted their price objective on Elastic from $52.00 to $55.00 and […]
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 4, 2023
Elastic (NYSE:ESTC – Get Rating) had its price target lifted by Royal Bank of Canada from $71.00 to $84.00 in a research note released on Wednesday, The Fly reports. Several other equities analysts also recently commented on ESTC. JPMorgan Chase & Co. decreased their price objective on shares of Elastic from $70.00 to $67.00 and […]
June 3, 2023
Elastic (NYSE:ESTC – Get Rating) had its target price upped by Royal Bank of Canada from $71.00 to $84.00 in a research note released on Wednesday morning, The Fly reports. Several other equities research analysts have also recently weighed in on the stock. Rosenblatt Securities reiterated a buy rating and set a $96.00 price objective […]
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 […]
June 3, 2023
Elastic (NYSE:ESTC – Get Rating) updated its FY24 earnings guidance on Thursday. The company provided earnings per share guidance of $0.94-1.06 for the period, compared to the consensus earnings per share estimate of $0.88. The company issued revenue guidance of $1.238-1.250 billion, compared to the consensus revenue estimate of $1.26 billion. Elastic also updated its […]
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 report published on Friday, The Fly reports. Wells Fargo & Company currently has $67.00 price target on the stock, up from their previous price target of $55.00. Several other research analysts have […]
June 3, 2023
Elastic (NYSE:ESTC – Get Rating) had its price objective upped by Stifel Nicolaus from $60.00 to $70.00 in a report published on Friday, The Fly reports. Several other research firms have also issued reports on ESTC. JPMorgan Chase & Co. reduced their target price on shares of Elastic from $70.00 to $67.00 and set an […]
June 3, 2023
Elastic (NYSE:ESTC – Get Rating) posted its quarterly earnings data on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.13, Briefing.com reports. Elastic had a negative return on equity of 46.75% and a negative net margin of 22.09%. The firm had revenue of $279.94 […]