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September 1, 2023
Elastic (NYSE:ESTC – Free Report) had its target price cut by Citigroup from $90.00 to $87.00 in a report published on Monday morning, Benzinga reports. They currently have a buy rating on the stock. Other analysts also recently issued reports about the company. Stifel Nicolaus boosted their price target on Elastic from $60.00 to $70.00 […]
September 1, 2023
Elastic (NYSE:ESTC – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. The company provided EPS guidance of $1.01-1.11 for the period, compared to the consensus EPS estimate of $0.99. The company issued revenue guidance of $1.242-1.250 billion, compared to the consensus revenue estimate of $1.24 billion. Elastic also updated […]
September 1, 2023
Elastic (NYSE:ESTC – Free Report) had its target price lowered by Bank of America from $80.00 to $78.00 in a research report sent to investors on Monday morning, MarketBeat.com reports. The firm currently has a buy rating on the stock. Several other research firms have also commented on ESTC. TD Cowen initiated coverage on Elastic […]
September 1, 2023
Elastic (NYSE:ESTC – Get Free Report) updated its second quarter earnings guidance on Thursday. The company provided EPS guidance of $0.23-0.25 for the period, compared to the consensus EPS estimate of $0.20. The company issued revenue guidance of $303-305 million, compared to the consensus revenue estimate of $302.25 million. Elastic also updated its FY24 guidance […]
September 1, 2023
Elastic (NYSE:ESTC – Get Free Report) had its price objective increased by stock analysts at Wells Fargo & Company from $67.00 to $70.00 in a research note issued on Friday, FlyOnTheWall reports. Wells Fargo & Company‘s price objective indicates a potential upside of 13.12% from the company’s previous close. A number of other brokerages have […]
September 1, 2023
Elastic (NYSE:ESTC – Get Free Report) had its price target hoisted by stock analysts at Robert W. Baird from $80.00 to $85.00 in a research note issued to investors on Friday, FlyOnTheWall reports. Robert W. Baird’s target price indicates a potential upside of 37.36% from the stock’s previous close. Other research analysts have also issued […]
September 1, 2023
Elastic (NYSE:ESTC – Get Free Report) gapped up before the market opened on Friday after Piper Sandler raised their price target on the stock from $75.00 to $84.00. The stock had previously closed at $61.88, but opened at $72.72. Elastic shares last traded at $72.58, with a volume of 849,988 shares changing hands. Several other […]
September 1, 2023
Elastic (NYSE:ESTC – Get Free Report) issued an update on its FY 2024 earnings guidance on Friday morning. The company provided EPS guidance of $1.01-$1.11 for the period, compared to the consensus EPS estimate of $0.99. The company issued revenue guidance of $1.24 billion-$1.25 billion, compared to the consensus revenue estimate of $1.24 billion. Elastic […]
September 1, 2023
Elastic (NYSE:ESTC – Get Free Report) issued an update on its second quarter 2024 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $0.23-$0.25 for the period, compared to the consensus estimate of $0.20. The company issued revenue guidance of $303.00 million-$305.00 million, compared to the consensus revenue estimate of […]
September 1, 2023
Elastic (NYSE:ESTC – Get Free Report) issued an update on its second quarter 2024 earnings guidance on Friday morning. The company provided earnings per share guidance of $0.23-$0.25 for the period, compared to the consensus earnings per share estimate of $0.20. The company issued revenue guidance of $303.00 million-$305.00 million, compared to the consensus revenue […]