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Nervous markets await NvidiaThis summary was created by AI, based on 2 opinions in the last 12 months.
Elastic N.V. (ESTC-N) is gaining traction as a leader in innovative search solutions, specifically designed for enterprises rather than consumers. The company has established partnerships with all major hyperscalers, which enhances its market credibility and prospects for growth. Experts suggest a strategic buying approach, recommending entry points at $112, $104, and under $100, with a positive 12-month price target of $129, indicating robust potential upside. While one expert has noted a shift away from software investments, he acknowledges that Elastic remains a compelling long-term buy, especially with a projected revenue growth rate of around 16% per annum over the next three years, outpacing the industry average. This positioning reflects the strategic importance of AI-driven hardware solutions in today's tech landscape.
Elastic N.V. is a American stock, trading under the symbol ESTC-N on the New York Stock Exchange (ESTC). It is usually referred to as NYSE:ESTC or ESTC-N
In the last year, 2 stock analysts published opinions about ESTC-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Elastic N.V..
Elastic N.V. was recommended as a Top Pick by on . Read the latest stock experts ratings for Elastic N.V..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Elastic N.V. In the last year. It is a trending stock that is worth watching.
On 2025-04-25, Elastic N.V. (ESTC-N) stock closed at a price of $84.22.
Buy it strategically. A leader in innovative search solutions for enterprises, not consumers. All the hyperscalers have partnered with it, so that's a positive checkmark. 12-month price target of $129, so runway is shorter. Buy in thirds here at $112, $104, and under $100.