Elastic (ESTC)
(Delayed Data from NYSE)
$103.71 USD
+1.17 (1.14%)
Updated Apr 24, 2024 04:00 PM ET
After-Market: $103.70 -0.01 (-0.01%) 7:58 PM ET
3-Hold of 5 3
D Value B Growth C Momentum C VGM
Elastic (ESTC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$125.53 | $155.00 | $90.00 | 21.04% |
Price Target
Based on short-term price targets offered by 19 analysts, the average price target for Elastic comes to $125.53. The forecasts range from a low of $90.00 to a high of $155.00. The average price target represents an increase of 22.42% from the last closing price of $102.54.
Analyst Price Targets (19)
Broker Rating
Elastic currently has an average brokerage recommendation (ABR) of 1.77 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 22 brokerage firms. The current ABR compares to an ABR of 1.77 a month ago based on 22 recommendations.
Of the 22 recommendations deriving the current ABR, 13 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 59.09% and 4.55% of all recommendations. A month ago, Strong Buy made up 59.09%, while Buy represented 4.55%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 13 | 13 | 13 | 13 | 12 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 8 | 8 | 8 | 8 | 8 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.77 | 1.77 | 1.77 | 1.77 | 1.81 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
3/1/2024 | Rosenblatt Securities | Blair H Abernethy | Strong Buy | Strong Buy |
3/1/2024 | Scotiabank | Patrick Colville | Strong Buy | Strong Buy |
2/20/2024 | Truist Securities | Joel P Fishbein | Strong Buy | Strong Buy |
12/1/2023 | Wedbush Securities | Imtiaz Koujalgi | Hold | Hold |
12/1/2023 | William Blair | Jacob Roberge | Hold | Hold |
12/1/2023 | Piper Sandler | Rob D Owens | Strong Buy | Strong Buy |
11/28/2023 | MonnessCrespiHardt & Co. | Brian J White | Not Available | Hold |
10/12/2023 | Needham & Company | Michael J Cikos | Not Available | Hold |
10/2/2023 | D.A. Davidson | Gil Luria | Hold | Hold |
9/29/2023 | Robert W. Baird & Co. | Shrenik Kothari | Strong Buy | Strong Buy |
9/1/2023 | Canaccord Genuity | Kingsley W Crane | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.77 |
ABR (Last week) | 1.77 |
# of Recs in ABR | 22 |
Average Target Price | $125.53 |
LT Growth Rate | NA |
Industry | Technology Services |
Industry Rank by ABR | 150 of 252 |
Current Quarter EPS Est: | 0.19 |