18 Analysts Have This to Say About Elastic
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 18 Wall Street analysts have published their opinions on Elastic (NYSE:ESTC), with an average 12-month price target of $82.00, a high of $100.00, and a low of $65.00. The consensus shows 9 bullish, 5 somewhat bullish, and 4 indifferent ratings, with no bearish sentiments. The average price target has increased by 7.02% over the past month.
November 13, 2023 | 7:00 pm
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POSITIVE IMPACT
Elastic has received a positive outlook from analysts with an average price target of $82.00, indicating a bullish sentiment with no bearish ratings.
The unanimous bullish and somewhat bullish ratings from analysts suggest a positive sentiment towards ESTC, which could lead to an increase in its stock price in the short term. The increase in the average price target over the past month further reinforces the positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100