These Analysts Increase Their Forecasts On Elastic Stores Following Strong Q1 Results
Elastic NV (NASDAQ:ESTC) beat Q1 expectations, raised FY27 guidance. Analysts raise price targets: Baird $120, B of A $108, Cantor $100, Guggenheim $120, Rosenblatt $115.
Elastic did better than expected last quarter and promised stronger results ahead, so several money experts raised their predictions for where the stock price might go. When lots of smart analysts become more hopeful about a company, it can hint that the business is doing something right.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.