Elastic Reports Fourth Quarter and Fiscal 2024 Financial Results

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Go back to Elastic Reports Fourth Quarter and Fiscal 2024 Financial Results

RBC Capital Reiterates Outperform Rating on Elastic NV. (ESTC)

May 31, 2024 6:11 AM EDT

RBC Capital analyst Matthew Hedberg reiterated an Outperform rating and $135.00 price target on Elastic NV. (NYSE: ESTC).

The analyst comments "Elastic delivered a strong finish to the year with all metrics coming in above expectations as Elastic Cloud growth accelerated by... More

Elastic NV. (ESTC) PT Lowered to $140 at BofA Securities

May 31, 2024 5:49 AM EDT

BofA Securities analyst Koji Ikeda lowered the price target on Elastic NV. (NYSE: ESTC) to $140.00 (from $150.00) while maintaining a Buy rating.

The analyst comments "Elastic (ESTC) reported good F4Q results with cloud, total revenue, and operating income above the Street.... More

Elastic NV. (ESTC) PT Lowered to $100 at DA Davidson

May 31, 2024 4:55 AM EDT

DA Davidson analyst Gil Luria lowered the price target on Elastic NV. (NYSE: ESTC) to $100.00 (from $110.00) while maintaining a Neutral rating.

The analyst comments "Elastic reported a solid quarter highlighted by accelerating cloud growth and strong initial adoption of its vector database and... More