Trending stocks today
Elastic N.V. (ESTC-N)
NYSE:ESTC
109.61
1.90
(1.70%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 3 opinions in the last 12 months.
Elastic N.V. (ESTC-N) emerges as a leader in the realm of innovative search solutions tailored for enterprises, securing partnerships with all major hyperscalers, adding credence to its positive outlook. Experts agree on its potential, with a consensus recommendation to buy, targetting a 12-month price of around $129, down to three smaller buy-in points. Despite a cautious approach to software investments, long-term growth forecasts indicate a promising 16% annual revenue increase, surpassing the industry average. With recent Q2 earnings showcasing a notable 37% growth, the company reflects strong market momentum. However, there is a call for vigilance, as dropping below the $120 threshold could be a cause for selling, while the absence of dividends is also noted among analysts.
$113.700
No
He's lightened up a lot on software. At this stage, probably a pretty good buy for the long term. Revenue forecast to grow ~16% per annum for the next 3 years. The space averages ~12% per annum. The place to make $$ these days within the AI revolution is the hardware (picks and shovels).
Consolidates AI to present answers at the business level. Q2 earnings had a 37% pop. Good earnings momentum. He'd sell if it dropped below $120. Off the beaten path, really cool company. No dividend.
(Analysts’ price target is $123.36)- «
- ‹
- 1
- ›
- »
Elastic N.V.(ESTC-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Elastic N.V.(ESTC-N) Frequently Asked Questions
What is Elastic N.V. stock symbol?
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
Is Elastic N.V. a buy or a sell?
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..
Is Elastic N.V. a good investment or a top pick?
Elastic N.V. was recommended as a Top Pick by on . Read the latest stock experts ratings for Elastic N.V..
Why is Elastic N.V. stock dropping?
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.
Is Elastic N.V. worth watching?
2 stock analysts on Stockchase covered Elastic N.V. In the last year. It is a trending stock that is worth watching.
What is Elastic N.V. stock price?
On 2025-02-20, Elastic N.V. (ESTC-N) stock closed at a price of $109.61.
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.