Elastic N.V. with ticker code (ESTC) have now 23 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $150.00 and $93.12 suggesting an average Analsyt target price of $126.79. Given that the stocks previous close was at $111.53 this indicates there is a potential upside of 13.7%. The 50 day MA is $88.13 and the 200 day moving average is $99.61. The company has a market cap of 11.50B. The price for the stock stands currently at: $110.98 USD
The potential market cap would be $13,074,481,476 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 184.97, revenue per share of $13.11 and a -3.94% return on assets.
Elastic NV is a Netherlands-based data analytics company. The Company’s platform, which is available as both a hosted, managed service across public clouds as well as self-managed software, allows its customers to find insights from large amounts of data and take action. The Company offers three search-powered solutions – Enterprise Search, Observability, and Security – that are built into the platform, which is built on the Elastic Stack, a set of software products that ingest data from any source, in any format, and perform search, analysis, and visualization of that data. The Company helps organizations, their employees, and their customers find what they need, while keeping mission-critical applications running smoothly, and protecting against cyber threats. The Company generates revenue primarily from sales of subscriptions to its platform.
