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Wall Street Analysts See a 37.48% Upside in Elastic (ESTC): Can the Stock Really Move This High?
ElasticElastic(US:ESTC) ZACKS·2025-10-23 22:56

Shares of Elastic (ESTC) have gained 0.2% over the past four weeks to close the last trading session at 86.07,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof86.07, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 118.33 indicates a potential upside of 37.5%.The mean estimate comprises 24 short-term price targets with a standard deviation of 15.52.Whilethelowestestimateof15.52. While the lowest estimate of 90.00 indicates a 4.6% increase from the current pri ...