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Elastic (DE:3E1)
FRANKFURT:3E1
Elastic (3E1) Stock Forecast & Price Target
2 Followers
See the Price Targets and Ratings of:
3E1 Analyst Ratings
Moderate Buy
14 Buy
6 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
3E1 Stock 12 Month Forecast
Average Price Target
€119.65
▲(10.73% Upside)
| Highest Price Target€142.18 | Average Price Target€119.65 | Lowest Price Target€97.23 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Robert W. Baird
Reiterated
06/17/24
Jefferies
Reiterated
06/13/24
Citi
Reiterated
06/03/24
Monness
Reiterated
05/31/24
Piper Sandler
Assigned
05/31/24
Truist Financial
Reiterated
05/31/24
RBC Capital
Reiterated
05/31/24
Oppenheimer
Reiterated
05/31/24
Bank of America Securities
Assigned
05/31/24
Wells Fargo
Reiterated
05/31/24
Stifel Nicolaus
€119.24→€110.07
Buy
€110.07
(1.87% Upside)
Assigned
05/31/24
Elastic price target lowered to $120 from $130 at StifelElastic price target lowered to $120 from $130 at Stifel
Needham
―
Hold
―
Reiterated
05/31/24
Analysts' Opinions Are Mixed on These Technology Stocks: Elastic (NYSE: ESTC) and Marvell (NASDAQ: MRVL)
Canaccord Genuity
€114.66
Buy
€114.66
(6.12% Upside)
Reiterated
05/31/24
Elastic's Growth and AI Market Potential Affirm Buy Rating
TD Cowen
€100.9
Hold
€100.90
(-6.62% Downside)
Assigned
05/31/24
Analysts Offer Insights on Technology Companies: Elastic (NYSE: ESTC), International Business Machines (NYSE: IBM) and Marvell (NASDAQ: MRVL)
Best Analysts Covering Elastic
Which Analyst Should I Follow If I Want to Buy DE:3E1 and Sell After:
1 Month
xxx
Success Rate
9/14 ratings generated profit
Average Return
+9.41%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 64.29% of your transactions generating a profit, with an average return of +9.41% per trade.
3 Months
xxx
Success Rate
10/14 ratings generated profit
Average Return
+3.11%
assigned a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 71.43% of your transactions generating a profit, with an average return of +3.11% per trade.
1 Year
Success Rate
10/14 ratings generated profit
Average Return
+23.39%
reiterated a buy rating 2 months ago
Copying Joel Fishbein's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +23.39% per trade.
2 Years
xxx
Success Rate
20/23 ratings generated profit
Average Return
+58.13%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 86.96% of your transactions generating a profit, with an average return of +58.13% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
3E1 Analyst Recommendation Trends
Rating
Feb 24
Mar 24
Apr 24
May 24
Jun 24
Strong Buy
0
0
0
0
1
Buy
26
23
21
27
20
Hold
9
13
12
17
8
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
35
36
33
44
29
Each month's total comprises the sum of three months' worth of ratings.
3E1 Financial Forecast
3E1 Stock Forecast FAQ
What is DE:3E1’s average 12-month price target, according to analysts?
Based on analyst ratings, Elastic’s 12-month average price target is €119.65.
What is DE:3E1’s upside potential, based on the analysts’ average price target?
Elastic has 10.73% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Elastic a Buy, Sell or Hold?
Elastic has a consensus rating of Moderate Buy, which is based on 14 buy ratings, 6 hold ratings and 0 sell ratings.
What is Elastic’s share price target?
The average share price target for Elastic is €119.65. This is based on 20 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €142.18 ,and the lowest forecast is €97.23. The average share price target represents 10.73% Increase from the current price of €108.05.
The highest analyst share price target is €142.18 ,and the lowest forecast is €97.23. The average share price target represents 10.73% Increase from the current price of €108.05.
What do analysts say about Elastic?
Elastic’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 20 Wall Streets Analysts.
How can I buy shares of Elastic?
To buy shares of DE:3E1, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.