Elastic
(NYSE:ESTC)
$129.01
-0.61[-0.47%]
At close: Feb 23
$129.01
0[0.00%]
PreMarket: 6:58PM EDT

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Q3 2024 Earnings in 3 days from now on Thu Feb 29th, after the market close
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Elastic Stock (NYSE:ESTC), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.
Consensus Rating1
Buy
Highest Price Target1
$185.00
Lowest Price Target1
$65.00
Consensus Price Target1
$93.31

Analyst Rating Summary1

Analyst Ratings
Aug 23
3
Sep 23
8
2
Oct 23
2
1
Nov 23
1
Dec 23
6
2
Jan
1
1
Feb
1
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
Truist Securities
Scotiabank
Goldman Sachs
JP Morgan

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
02/20/2024ESTCBuy Now
Elastic
$129.010.77%Barclays
Raimo Lenschow
$110 → $130MaintainsEqual-WeightGet Alert
02/20/2024ESTCBuy Now
Elastic
$129.018.52%Truist Securities
Michael Lewis
$130 → $140MaintainsBuyGet Alert
02/15/2024ESTCBuy Now
Elastic
$129.0143.4%Scotiabank
Patrick Colville
→ $185Initiates → Sector OutperformGet Alert
01/16/2024ESTCBuy Now
Elastic
$129.010.77%Truist Securities
Michael Lewis
$100 → $130MaintainsBuyGet Alert
01/12/2024ESTCBuy Now
Elastic
$129.01-14.74%Barclays
Raimo Lenschow
$100 → $110DowngradeOverweight → Equal-WeightGet Alert
12/04/2023ESTCBuy Now
Elastic
$129.01-27.91%Goldman Sachs
Kash Rangan
$83 → $93MaintainsNeutralGet Alert
12/01/2023ESTCBuy Now
Elastic
$129.01-24.04%JP Morgan
Pinjalim Bora
$87 → $98MaintainsOverweightGet Alert
12/01/2023ESTCBuy Now
Elastic
$129.01-14.74%Oppenheimer
Ittai Kidron
$95 → $110MaintainsOutperformGet Alert
12/01/2023ESTCBuy Now
Elastic
$129.01-18.61%Piper Sandler
Rob Owens
$84 → $105MaintainsOverweightGet Alert
12/01/2023ESTCBuy Now
Elastic
$129.01-17.06%RBC Capital
Matthew Hedberg
$87 → $107MaintainsOutperformGet Alert
12/01/2023ESTCBuy Now
Elastic
$129.01-48.07%Wedbush
Taz Koujalgi
→ $67ReiteratesNeutral → NeutralGet Alert
12/01/2023ESTCBuy Now
Elastic
$129.01-18.61%Rosenblatt
Blair Abernethy
$80 → $105MaintainsBuyGet Alert
12/01/2023ESTCBuy Now
Elastic
$129.01-10.86%Wells Fargo
Andrew Nowinski
$70 → $115UpgradeEqual-Weight → OverweightGet Alert
11/13/2023ESTCBuy Now
Elastic
$129.01-34.11%Truist Securities
Joel Fishbein
$75 → $85MaintainsBuyGet Alert
10/18/2023ESTCBuy Now
Elastic
$129.01-22.49%Jefferies
Brent Thill
$75 → $100UpgradeHold → BuyGet Alert
10/12/2023ESTCBuy Now
Elastic
$129.01Needham
Mike Cikos
Initiates → HoldGet Alert
10/06/2023ESTCBuy Now
Elastic
$129.01-35.66%Stifel
Brad Reback
→ $83ReiteratesBuy → BuyGet Alert
10/02/2023ESTCBuy Now
Elastic
$129.01-45.74%DA Davidson
Andrew Nowinski
$60 → $70MaintainsNeutralGet Alert
09/29/2023ESTCBuy Now
Elastic
$129.01-30.24%Baird
Shrenik Kothari
$85 → $90MaintainsOutperformGet Alert

FAQ

Q

What is the target price for Elastic (ESTC)?

A

The latest price target for Elastic (NYSE: ESTC) was reported by Barclays on February 20, 2024. The analyst firm set a price target for $130.00 expecting ESTC to rise to within 12 months (a possible 0.77% upside). 55 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Elastic (ESTC)?

A

The latest analyst rating for Elastic (NYSE: ESTC) was provided by Barclays, and Elastic maintained their equal-weight rating.

Q

When is the next analyst rating going to be posted or updated for Elastic (ESTC)?

A

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 February 20, 2024 so you should expect the next rating to be made available sometime around February 20, 2025.

Q

Is the Analyst Rating Elastic (ESTC) correct?

A

While ratings are subjective and will change, the latest Elastic (ESTC) rating was a maintained with a price target of $110.00 to $130.00. The current price Elastic (ESTC) is trading at is $129.01, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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