Elastic (ESTC)
(Delayed Data from NYSE)
$78.19 USD
+1.15 (1.49%)
Updated Sep 24, 2024 04:00 PM ET
After-Market: $78.00 -0.19 (-0.24%) 7:58 PM ET
2-Buy of 5 2
F Value A Growth B Momentum C VGM
Elastic (ESTC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$103.57 | $160.00 | $75.00 | 34.44% |
Price Target
Based on short-term price targets offered by 21 analysts, the average price target for Elastic comes to $103.57. The forecasts range from a low of $75.00 to a high of $160.00. The average price target represents an increase of 34.44% from the last closing price of $77.04.
Analyst Price Targets (21)
Broker Rating
Elastic currently has an average brokerage recommendation (ABR) of 1.88 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 24 brokerage firms. The current ABR compares to an ABR of 1.83 a month ago based on 23 recommendations.
Of the 24 recommendations deriving the current ABR, 13 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 54.17% and 4.17% of all recommendations. A month ago, Strong Buy made up 56.52%, while Buy represented 4.35%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 13 | 13 | 13 | 14 | 14 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 10 | 10 | 9 | 8 | 8 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.88 | 1.88 | 1.83 | 1.74 | 1.74 |
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 |
---|---|---|---|---|
9/11/2024 | Guggenheim Securities | Howard Ma | Not Available | Strong Buy |
8/30/2024 | Truist Securities | Joel P Fishbein | Strong Buy | Strong Buy |
8/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/30/2024 | UBS | Austin Dietz | Strong Buy | Strong Buy |
8/30/2024 | Needham & Company | Michael J Cikos | Hold | Hold |
8/30/2024 | Not Identified | Not Identified | Hold | Hold |
8/30/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
8/30/2024 | William Blair | Jacob Roberge | Hold | Hold |
8/30/2024 | Robert W. Baird & Co. | Shrenik Kothari | Strong Buy | Hold |
8/30/2024 | Cowen & Co. | Andrew Sherman | Hold | Hold |
8/30/2024 | Wells Fargo Securities | Andrew J Nowinski | Strong Buy | Strong Buy |
8/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/30/2024 | Canaccord Genuity | Kingsley W Crane | Strong Buy | Strong Buy |
8/30/2024 | Scotiabank | Patrick Colville | Strong Buy | Strong Buy |
8/29/2024 | Piper Sandler | Rob D Owens | Strong Buy | Strong Buy |
8/27/2024 | Rosenblatt Securities | Blair H Abernethy | Strong Buy | Strong Buy |
6/3/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/3/2024 | D.A. Davidson | Gil Luria | Hold | Hold |
5/31/2024 | Wedbush Securities | Imtiaz Koujalgi | Hold | Hold |
5/31/2024 | MonnessCrespiHardt & Co. | Brian J White | Hold | Hold |
3/1/2024 | Goldman Sachs | Kasthuri G Rangan | Hold | Hold |
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 | 1.88 |
ABR (Last week) | 1.88 |
# of Recs in ABR | 24 |
Average Target Price | $103.57 |
LT Growth Rate | 22.20% |
Industry | Technology Services |
Industry Rank by ABR | 64 of 253 |
Current Quarter EPS Est: | 0.39 |
ESTC FAQs
Elastic N.V. (ESTC) currently has an average brokerage recommendation (ABR) of 1.88 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 24 brokerage firms.
The average price target for Elastic N.V. (ESTC) is $103.57. The current on short-term price targets is based on 10 reports.
The forecasts for Elastic N.V. (ESTC) range from a low of $75 to a high of $160. The average price target represents a increase of $32.46 from the last closing price of $78.19.
The current UPSIDE for Elastic N.V. (ESTC) is 32.46%
Based on short-term price targets offered by 21 analysts, the average price target for Elastic comes to $103.57. The forecasts range from a low of $75.00 to a high of $160.00. The average price target represents an increase of 34.44% from the last closing price of $77.04.