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Elastic (NYSE:ESTC – Free Report) had its price target lifted by Piper Sandler from $84.00 to $105.00 in a report published on Friday, Benzinga reports. Piper Sandler currently has an overweight rating on the stock. Several other equities research analysts also recently commented on ESTC. Oppenheimer restated an outperform rating and set a $80.00 price […]
Elastic (NYSE:ESTC – Get Free Report) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 3,990,000 shares, an increase of 6.7% from the October 31st total of 3,740,000 shares. Based on an average trading volume of 1,290,000 shares, the short-interest […]
Elastic (NYSE:ESTC – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.13, MarketWatch Earnings reports. Elastic had a negative net margin of 19.33% and a negative return on equity of 38.73%. The firm had revenue of $311.00 million […]
Elastic showcased an impressive performance in its latest earnings, beating consensus estimates for revenue and EPS, and even surprised Wall Street with its forecast.
Shares were up more than 20% in early trading Friday.