# Elastic N.V. – Consensus ‘buy’ rating and 28.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/elastic-n-v-consensus-buy-rating-and-28-3-upside-potential/4121184015
- Published: 2025-01-17T14:40:24+00:00
- Author: Charlotte Edwards

**Elastic N.V.** with ticker code (ESTC) have now 25 market analysts covering the
stock. The analyst consensus now points to a rating of ‘buy’. The target price High/
Low ranges between $150.00 and $93.12 calculating the average target price we see
$127.24. Given that the stocks previous close was at $99.18 and the analysts are
correct then there would likely be a percentage uptick in value of 28.3%. The day
50 moving average is $99.83 and the 200 day moving average is $98.67. The market
cap for the company is 10.36B. The current share price for the company is: $99.97
USD

 The potential market cap would be $13,291,669,588 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 166.62, revenue per share of $13.11
and a -3.94% return on assets.

Elastic NV is a Netherlands-based data analytics company. The Company’s platform,
which is available as both a hosted, managed service across public clouds as well
as self-managed software, allows its customers to find insights from large amounts
of data and take action. The Company offers three search-powered solutions – Enterprise
Search, Observability, and Security – that are built into the platform, which is
built on the Elastic Stack, a set of software products that ingest data from any
source, in any format, and perform search, analysis, and visualization of that data.
The Company helps organizations, their employees, and their customers find what 
they need, while keeping mission-critical applications running smoothly, and protecting
against cyber threats. The Company generates revenue primarily from sales of subscriptions
to its platform.

Share on: