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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 […]
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 […]
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 […]
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 […]
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 […]