Elastic N.V. (ESTC) Tops Q1 EPS by 14c; offers guidance

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Go back to Elastic N.V. (ESTC) Tops Q1 EPS by 14c; offers guidance

Elastic NV. (ESTC) PT Raised to $68 at TD Cowen

September 1, 2023 6:50 AM EDT

TD Cowen analyst Andrew Sherman raised the price target on Elastic NV. (NYSE: ESTC) to $68.00 (from $65.00) while maintaining a Market Perform rating.

The analyst commented, "Cloud growth of 24% cc was $1m above our est, while total revs grew 17% & beat the high-end of... More

Elastic N.V. (ESTC) gains 9% on 'beat-and-raise'

August 31, 2023 4:44 PM EDT

(Updated - August 31, 2023 4:58 PM EDT)

Elastic N.V. (NYSE: ESTC) gains 9% after-hours following a beat and raise quarter.

reported Q1 EPS of $0.25, $0.14 better than the analyst estimate of $0.11. Revenue for the quarter came in at $293.75 million versus the consensus estimate of... More