Elastic N.V. with ticker code (ESTC) now have 19 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $128.00 and $67.00 suggesting an average Analsyt target price of $103.16. Given that the stocks previous close was at $115.63 this now indicates there is a potential downside of -10.8%. It’s also worth noting that there is a 50 day moving average of $80.34 and the 200 day MA is $67.80. The market capitalization for the company is 11.24B. The stock price for the company is currently $112.80 USD
The potential market cap would be $10,026,334,899 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 -, revenue per share of $11.89 and a -4.92% 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.
