Elastic (ESTC)
(Delayed Data from NYSE)
$102.12 USD
-5.06 (-4.72%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $102.19 +0.07 (0.07%) 7:58 PM ET
2-Buy of 5 2
F Value B Growth D Momentum C VGM
Elastic (ESTC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$128.15 | $155.00 | $100.00 | 19.57% |
Price Target
Based on short-term price targets offered by 20 analysts, the average price target for Elastic comes to $128.15. The forecasts range from a low of $100.00 to a high of $155.00. The average price target represents an increase of 19.57% from the last closing price of $107.18.
Analyst Price Targets (20)
Broker Rating
Elastic currently has an average brokerage recommendation (ABR) of 1.74 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 23 brokerage firms. The current ABR compares to an ABR of 1.74 a month ago based on 23 recommendations.
Of the 23 recommendations deriving the current ABR, 14 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 60.87% and 4.35% of all recommendations. A month ago, Strong Buy made up 60.87%, 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 | 14 | 14 | 14 | 14 | 13 |
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 | 1.74 | 1.74 | 1.74 | 1.74 | 1.77 |
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 |
---|---|---|---|---|
6/3/2024 | D.A. Davidson | Gil Luria | Hold | Hold |
6/3/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/31/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/31/2024 | Not Identified | Not Identified | Hold | Hold |
5/31/2024 | Wedbush Securities | Imtiaz Koujalgi | Hold | Hold |
5/31/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/31/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
5/31/2024 | Scotiabank | Patrick Colville | Strong Buy | Strong Buy |
5/31/2024 | Canaccord Genuity | Kingsley W Crane | Strong Buy | Strong Buy |
5/31/2024 | Needham & Company | Michael J Cikos | Hold | Hold |
5/31/2024 | Truist Securities | Joel P Fishbein | Strong Buy | Strong Buy |
5/30/2024 | Piper Sandler | Rob D Owens | Strong Buy | Strong Buy |
5/28/2024 | Robert W. Baird & Co. | Shrenik Kothari | Strong Buy | Strong Buy |
5/22/2024 | UBS | Austin Dietz | Not Available | Strong Buy |
4/1/2024 | Cowen & Co. | Andrew Sherman | Hold | Hold |
3/1/2024 | Goldman Sachs | Kasthuri G Rangan | Hold | Hold |
3/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/1/2024 | Rosenblatt Securities | Blair H Abernethy | Strong Buy | Strong Buy |
12/20/2023 | Wells Fargo Securities | Andrew J Nowinski | Strong Buy | Strong Buy |
12/1/2023 | William Blair | Jacob Roberge | Hold | Hold |
11/28/2023 | MonnessCrespiHardt & Co. | Brian J White | Not Available | 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 | 1.74 |
ABR (Last week) | 1.74 |
# of Recs in ABR | 23 |
Average Target Price | $128.15 |
LT Growth Rate | 23.50% |
Industry | Technology Services |
Industry Rank by ABR | 93 of 253 |
Current Quarter EPS Est: | 0.25 |