The latest price target for Elastic (NYSE:ESTC) was reported by Citigroup on June 3, 2024. The analyst firm set a price target for $155.00 expecting ESTC to rise to within 12 months (a possible 46.70% upside). 50 analyst firms have reported ratings in the last year.

The latest analyst rating for Elastic (NYSE:ESTC) was provided by Citigroup, and Elastic maintained their buy rating.

The last upgrade for Elastic NV happened on December 1, 2023 when Wells Fargo raised their price target to $115. Wells Fargo previously had an equal-weight for Elastic NV.

The last downgrade for Elastic NV happened on January 12, 2024 when Barclays changed their price target from $100 to $110 for Elastic NV.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Elastic, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Elastic was filed on June 3, 2024 so you should expect the next rating to be made available sometime around June 3, 2025.

While ratings are subjective and will change, the latest Elastic (ESTC) rating was a maintained with a price target of $145.00 to $155.00. The current price Elastic (ESTC) is trading at is $105.66, which is out of the analyst’s predicted range.