# Elastic N.V. – Consensus ‘buy’ rating and 1.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/elastic-n.v.consensus-buy-rating-and-1.9-upside-potential/4121130313
- Published: 2023-10-20T13:22:36+01:00
- Author: Charlotte Edwards

**Elastic N.V.** with ticker code (ESTC) now have 18 analysts in total covering 
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between 100 and 67 and has a mean target at
$83.39. Now with the previous closing price of $81.82 this would indicate that there
is a potential upside of 1.9%. The 50 day MA is $73.12 and the 200 moving average
now moves to $63.92. The company has a market cap of 8.09B. The stock price for 
the company is currently 82.2 USD

 The potential market cap would be $8,245,285,670 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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