At the time of writing, Elastic N.V [ESTC] stock is trading at $83.91, up 2.18%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ESTC shares have gain 3.36% over the last week, with a monthly amount drifted -9.77%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Cantor Fitzgerald started tracking the stock with Neutral rating on January 17, 2025, and set its price target to $108. On December 17, 2024, Morgan Stanley initiated with a Overweight rating and assigned a price target of $130 on the stock. Wedbush upgraded its rating to a Outperform but stick to its price target of $135 on November 25, 2024. Robert W. Baird upgraded its rating to a Outperform and raised its price target to $135 on November 22, 2024. Oppenheimer reiterated a Outperform rating for this stock on November 22, 2024, and upped its price target to $140. In a note dated October 14, 2024, William Blair upgraded an Outperform rating on this stock.
For the past year, the stock price of Elastic N.V fluctuated between $69.00 and $123.96. Currently, Wall Street analysts expect the stock to reach $125.4 within the next 12 months. Elastic N.V [NYSE: ESTC] shares were valued at $83.91 at the most recent close of the market. An investor can expect a potential return of 49.45% based on the average ESTC price forecast.
Analyzing the ESTC fundamentals
According to Elastic N.V [NYSE:ESTC], the company’s sales were 1.48B for trailing twelve months, which represents an 15.95% jump. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.13 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 82.82 points at the first support level, and at 81.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.68, and for the 2nd resistance point, it is at 85.44.
Ratios To Look Out For
It is important to note that Elastic N.V [NYSE:ESTC] has a current ratio of 1.83. Also, the Quick Ratio is 1.83, while the Cash Ratio stands at 0.72. Considering the valuation of this stock, the price to sales ratio is 5.97, the price to book ratio is 9.55.
Transactions by insiders
Recent insider trading involved MARK DODDS, Officer, that happened on Jun 24 ’25 when 2500.0 shares were purchased. Chief Executive Officer, Kulkarni Ashutosh completed a deal on Jun 16 ’25 to sell 5000.0 shares. Meanwhile, Officer ASHUTOSH K KULKARNI bought 5000.0 shares on Jun 16 ’25.
