Citi analyst Tyler Radke maintains $Elastic (ESTC.US)$ with a buy rating, and adjusts the target price from $160 to $136.
According to TipRanks data, the analyst has a success rate of 53.1% and a total average return of 7.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Elastic (ESTC.US)$'s main analysts recently are as follows:
Management commentary intra-quarter around deal closure and the ongoing momentum from an ESRE product cycle has been described as 'largely positive.' Additionally, strong demand for ESRE, balanced by lingering small business challenges, has been noted based on conversations with partners. Heading into the fiscal Q2 report, there's optimism surrounding the company's recovery from earlier go-to-market challenges observed in Q1.
The recent upturn in software stocks complicates projections for this quarter. It's noted that the situation for software has improved slightly, however, there is skepticism regarding whether this improvement is substantial enough to propel stocks further following their recent strong performance.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
花旗分析師Tyler Radke維持$Elastic (ESTC.US)$買入評級，並將目標價從160美元下調至136美元。
根據TipRanks數據顯示，該分析師近一年總勝率為53.1%，總平均回報率為7.0%。
此外，綜合報道，$Elastic (ESTC.US)$近期主要分析師觀點如下：
管理層在季度內圍繞交易完成和ESRE產品週期的持續勢頭髮表的評論被描述爲 「基本上是積極的」。此外，根據與合作伙伴的對話，人們注意到對ESRE的強勁需求，再加上小企業揮之不去的挑戰。進入第二財季報告時，人們對該公司從第一季度出現的先前市場挑戰中恢復過來持樂觀態度。
最近軟件股的上漲使本季度的預測複雜化。值得注意的是，軟件業的情況略有改善，但是，人們對這種改善是否足以推動股市在近期表現強勁之後進一步推動股市持懷疑態度。
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
