Elastic N.V. (ESTC) Tops Q2 EPS by 13c; offers guidance

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Go back to Elastic N.V. (ESTC) Tops Q2 EPS by 13c; offers guidance

Elastic NV. (ESTC) Mentioned Positively at Citi, New Street High Price Target $128

December 1, 2023 3:10 PM EST

Citi analyst Tyler Radke raised the price target on Elastic NV. (NYSE: ESTC) to $128.00 (from $91.00) while maintaining a Buy rating.

The analyst comments "Elastics strong Oct-Q results featuring an inflection in cloud consumption growth (30% YoY, vs 24% last Q) offers further signs of industry... More