# Elastic N.V.  Share Price Target ‘$132.84’, now 36.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/elastic-n.v.share-price-target-132.84-now-36.1-upside-potential/4121150554
- Published: 2024-04-05T15:12:35+01:00
- Author: Charlotte Edwards

**Elastic N.V.** with ticker code (ESTC) now have 19 analysts in total covering 
the stock. The consensus rating is pointing to ‘buy’. The target price High/Low 
ranges between $155.00 and $106.00 calculating the average target share price we
see $132.84. (at the time of writing). Given that the stocks previous close was 
at $97.63 and the analysts are correct then there would likely be a percentage uptick
in value of 36.1%. There is a 50 day moving average of $114.74 and the 200 day moving
average is $89.45. The total market capitalization for the company now stands at
9.92B. The stock price for the company is currently $98.44 USD

 The potential market cap would be $13,502,438,281 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 189.31, revenue per share of $12.30
and a -4.03% 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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