# Elastic N.V. – Consensus ‘buy’ rating and 1.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/elastic-n.v.consensus-buy-rating-and-1.3-upside-potential/4121127703
- Published: 2023-09-19T14:03:27+01:00
- Author: Charlotte Edwards

**Elastic N.V.** which can be found using ticker (ESTC) now have 18 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The target price
High/Low ranges between 91 and 60 calculating the average target price we see $79.28.
Given that the stocks previous close was at $78.29 and the analysts are correct 
then we can expect a percentage increase in value of 1.3%. There is a 50 day moving
average of $66.53 and the 200 day MA is $60.96. The market capitalization for the
company is 7.69B. The stock price is currently at: 78.09 USD

 The potential market cap would be $7,782,733,521 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 -, revenue per share of 11.52 and
a -6.05% 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.

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