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Elastic Price Target, Predictions & Analyst Ratings

-4.76 (-4.17 %)
(As of 10/22/2020 12:00 AM ET)
Today's Range
Now: $109.49
50-Day Range
MA: $109.93
52-Week Range
Now: $109.49
Volume885,720 shs
Average Volume1.31 million shs
Market Capitalization$9.45 billion
P/E RatioN/A
Dividend YieldN/A

Analyst Ratings

Elastic (NYSE:ESTC) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
15 Wall Street analysts have issued ratings and price targets for Elastic in the last 12 months. Their average twelve-month price target is $125.19, predicting that the stock has a possible upside of 14.34%. The high price target for ESTC is $146.00 and the low price target for ESTC is $90.00. There are currently 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
ESTC Consensus Rating: BuyBuyBuyBuy
ESTC Consensus Rating Score: 2.732.792.712.77
ESTC Analyst Ratings: 0 Sell Rating(s)
4 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
ESTC Consensus Price Target: $125.19$122.53$96.86$87.46
ESTC Price Target Upside: 14.34% upside16.39% upside17.67% upside34.18% upside

Elastic (NYSE:ESTC) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Elastic (NYSE:ESTC) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/15/2020Royal Bank of CanadaBoost Price Target$130.00 ➝ $140.00Medium
10/15/2020Canaccord GenuityBoost Price TargetBuy$130.00 ➝ $145.00Medium
10/15/2020Jefferies Financial GroupBoost Price TargetBuy$130.00 ➝ $145.00Low
9/24/2020Robert W. BairdInitiated CoverageNeutral$120.00Medium
8/27/2020FBN SecuritiesBoost Price Target$95.00 ➝ $125.00Low
8/27/2020DA DavidsonBoost Price Target$100.00 ➝ $130.00Low
8/27/2020Bank of AmericaBoost Price TargetBuy$95.00 ➝ $130.00High
8/27/2020Stifel NicolausBoost Price TargetFair Value ➝ Hold$84.00 ➝ $125.00High
8/27/2020OppenheimerBoost Price TargetPositive ➝ Outperform$100.00 ➝ $125.00High
8/27/2020Monness Crespi & HardtBoost Price TargetBuy$100.00 ➝ $142.00High
8/27/2020CitigroupBoost Price TargetBuy$126.00 ➝ $146.00High
8/27/2020Piper SandlerBoost Price TargetOverweight$94.00 ➝ $127.00High
8/24/2020BarclaysBoost Price TargetOverweight$108.00 ➝ $120.00Medium
6/24/2020Goldman Sachs GroupBoost Price TargetAverage ➝ Neutral$75.00 ➝ $100.00Medium
6/4/2020JPMorgan Chase & Co.Boost Price TargetNeutral$85.00 ➝ $90.00High
10/28/2019Piper Jaffray CompaniesInitiated CoverageOverweight$93.00Low
4/18/2019KeyCorpReiterated RatingBuy$102.00Low
(Data available from 10/23/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 10/23/2020 by MarketBeat.com Staff

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