Elastic N.V. (ESTC) Tops Q4 EPS by 13c; Issues Guidance

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Go back to Elastic N.V. (ESTC) Tops Q4 EPS by 13c; Issues Guidance

Oppenheimer Reiterates Outperform Rating on Elastic NV. (ESTC), 'confident Elastic can re-accelerate growth in 2HFY24'

June 2, 2023 7:31 AM EDT

Oppenheimer analyst Ittai Kidron reiterated an Outperform rating and $80.00 price target on Elastic NV. (NYSE: ESTC).

The analyst comments "Elastic reported a mixed 4QFY23, beating consensus estimates and guiding below consensus for 1QFY24 revenue. Cloud optimizations and lower consumption continue to... More