$106.50
2.79[2.69%]
At close: Apr 25
$106.50
0[0.00%]
After Hours: 4:58PM EDT
Elastic Stock (NYSE:ESTC), Analyst Ratings, Price Targets, Predictions
Elastic NV has a consensus price target of $95.68, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, Citigroup, and Scotiabank on March 4, 2024, March 4, 2024, and March 1, 2024. With an average price target of $138.33 between Goldman Sachs, Citigroup, and Scotiabank, there's an implied 29.89% upside for Elastic NV from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Goldman Sachs
Citigroup
Scotiabank
Oppenheimer
Rosenblatt
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Elastic
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/04/2024 | ESTC | Buy Now | Elastic | $106.50 | -0.47% | Goldman Sachs | Kash Rangan | $93 → $106 | Maintains | Neutral | Get Alert |
| 03/04/2024 | ESTC | Buy Now | Elastic | $106.50 | 45.54% | Citigroup | Tyler Radke | $165 → $155 | Maintains | Buy | Get Alert |
| 03/01/2024 | ESTC | Buy Now | Elastic | $106.50 | 44.6% | Scotiabank | Patrick Colville | $185 → $154 | Maintains | Sector Outperform | Get Alert |
| 03/01/2024 | ESTC | Buy Now | Elastic | $106.50 | 22.07% | Oppenheimer | Ittai Kidron | $110 → $130 | Maintains | Outperform | Get Alert |
| 03/01/2024 | ESTC | Buy Now | Elastic | $106.50 | 27.7% | Rosenblatt | Blair Abernethy | $105 → $136 | Maintains | Buy | Get Alert |
| 03/01/2024 | ESTC | Buy Now | Elastic | $106.50 | -0.47% | Goldman Sachs | Kash Rangan | $93 → $106 | Maintains | Neutral | Get Alert |
| 03/01/2024 | ESTC | Buy Now | Elastic | $106.50 | 22.07% | Stifel | Brad Reback | $99 → $130 | Maintains | Buy | Get Alert |
| 03/01/2024 | ESTC | Buy Now | Elastic | $106.50 | 20.19% | Barclays | Raimo Lenschow | $130 → $128 | Maintains | Equal-Weight | Get Alert |
| 02/27/2024 | ESTC | Buy Now | Elastic | $106.50 | 54.93% | Citigroup | Tyler Radke | $140 → $165 | Maintains | Buy | Get Alert |
| 02/20/2024 | ESTC | Buy Now | Elastic | $106.50 | 22.07% | Barclays | Raimo Lenschow | $110 → $130 | Maintains | Equal-Weight | Get Alert |
| 02/20/2024 | ESTC | Buy Now | Elastic | $106.50 | 31.46% | Truist Securities | Michael Lewis | $130 → $140 | Maintains | Buy | Get Alert |
| 02/15/2024 | ESTC | Buy Now | Elastic | $106.50 | 73.71% | Scotiabank | Patrick Colville | → $185 | Initiates | → Sector Outperform | Get Alert |
| 01/16/2024 | ESTC | Buy Now | Elastic | $106.50 | 22.07% | Truist Securities | Michael Lewis | $100 → $130 | Maintains | Buy | Get Alert |
| 01/12/2024 | ESTC | Buy Now | Elastic | $106.50 | 3.29% | Barclays | Raimo Lenschow | $100 → $110 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 12/04/2023 | ESTC | Buy Now | Elastic | $106.50 | -12.68% | Goldman Sachs | Kash Rangan | $83 → $93 | Maintains | Neutral | Get Alert |
| 12/01/2023 | ESTC | Buy Now | Elastic | $106.50 | -7.98% | JP Morgan | Pinjalim Bora | $87 → $98 | Maintains | Overweight | Get Alert |
| 12/01/2023 | ESTC | Buy Now | Elastic | $106.50 | 3.29% | Oppenheimer | Ittai Kidron | $95 → $110 | Maintains | Outperform | Get Alert |
| 12/01/2023 | ESTC | Buy Now | Elastic | $106.50 | -1.41% | Piper Sandler | Rob Owens | $84 → $105 | Maintains | Overweight | Get Alert |
| 12/01/2023 | ESTC | Buy Now | Elastic | $106.50 | 0.47% | RBC Capital | Matthew Hedberg | $87 → $107 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Elastic (ESTC)?
The latest price target for Elastic (NYSE: ESTC) was reported by Goldman Sachs on March 4, 2024. The analyst firm set a price target for $106.00 expecting ESTC to fall to within 12 months (a possible -0.47% downside). 57 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Elastic (ESTC)?
The latest analyst rating for Elastic (NYSE: ESTC) was provided by Goldman Sachs, and Elastic maintained their neutral rating.
When was the last upgrade for Elastic (ESTC)?
The last upgrade for Elastic NV happened on December 1, 2023 when Wells Fargo raised their price target to $115. Wells Fargo previously had an equal-weight for Elastic NV.
When was the last downgrade for Elastic (ESTC)?
The last downgrade for Elastic NV happened on January 12, 2024 when Barclays changed their price target from $100 to $110 for Elastic NV.
When is the next analyst rating going to be posted or updated for Elastic (ESTC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Elastic, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Elastic was filed on March 4, 2024 so you should expect the next rating to be made available sometime around March 4, 2025.
Is the Analyst Rating Elastic (ESTC) correct?
While ratings are subjective and will change, the latest Elastic (ESTC) rating was a maintained with a price target of $93.00 to $106.00. The current price Elastic (ESTC) is trading at is $106.50, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.