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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 […]
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 […]
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 […]
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 […]
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 […]