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June 8, 2023
Elastic (NYSE:ESTC – Get Rating) had its target price lowered by Robert W. Baird from $76.00 to $60.00 in a research report report published on Monday morning, The Fly reports. A number of other research analysts also recently weighed in on the stock. Citigroup increased their price objective on shares of Elastic from $75.00 to […]
June 8, 2023
Elastic (NYSE:ESTC – Get Rating) has earned a consensus rating of “Hold” from the seventeen brokerages that are covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated […]
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 6, 2023
Elastic (NYSE:ESTC – Get Rating) issued an update on its FY 2024 earnings guidance on Sunday morning. The company provided earnings per share (EPS) guidance of $0.94-$1.06 for the period, compared to the consensus 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. […]
June 5, 2023
Elastic (NYSE:ESTC – Get Rating) had its price objective upped by Citigroup from $75.00 to $92.00 in a research note published on Thursday morning, The Fly reports. Several other equities research analysts also recently weighed in on the stock. Barclays upped their target price on shares of Elastic from $62.00 to $70.00 and gave the […]
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
Wells Fargo & Company upgraded shares of Elastic (NYSE:ESTC – Get Rating) from an underweight rating to an equal weight rating in a research report report published on Friday, The Fly reports. They currently have $67.00 price target on the stock, up from their prior price target of $55.00. Other equities research analysts also recently […]
June 5, 2023
Elastic (NYSE:ESTC – Get Rating) had its price objective raised by Barclays from $70.00 to $83.00 in a research note published on Friday morning, The Fly reports. Several other brokerages also recently issued reports on ESTC. Royal Bank of Canada increased their price objective on shares of Elastic from $71.00 to $84.00 in a research […]