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Analysts Offer Insights on Technology Companies: Elastic (ESTC), D-Wave Quantum (QBTS) and CrowdStrike Holdings (CRWD)

Tipranks - Sat Feb 28, 12:20AM CST

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Elastic (ESTCResearch Report), D-Wave Quantum (QBTSResearch Report) and CrowdStrike Holdings (CRWDResearch Report) with bullish sentiments.

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Elastic (ESTC)

In a report released today, Shrenik Kothari from Robert W. Baird maintained a Buy rating on Elastic, with a price target of $92.00. The company’s shares closed last Thursday at $61.58.

According to TipRanks.com, Kothari is a 5-star analyst with an average return of 13.4% and a 57.6% success rate. Kothari covers the Technology sector, focusing on stocks such as Interlink Electronics, CrowdStrike Holdings, and Rubrik, Inc. Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Elastic with a $94.23 average price target, implying a 59.7% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $64.00 price target.

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D-Wave Quantum (QBTS)

In a report released yesterday, Krish Sankar from TD Cowen maintained a Buy rating on D-Wave Quantum. The company’s shares closed last Thursday at $20.14.

According to TipRanks.com, Sankar is a top 100 analyst with an average return of 42.5% and a 65.2% success rate. Sankar covers the Technology sector, focusing on stocks such as ARM Holdings PLC ADR, Ultra Clean Holdings, and SkyWater Technology. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for D-Wave Quantum with a $39.64 average price target, implying a 91.8% upside from current levels. In a report issued on February 23, Wedbush also maintained a Buy rating on the stock with a $40.00 price target.

CrowdStrike Holdings (CRWD)

In a report released today, Joseph Gallo from Jefferies maintained a Buy rating on CrowdStrike Holdings, with a price target of $500.00. The company’s shares closed last Thursday at $381.10.

According to TipRanks.com, Gallo is a 4-star analyst with an average return of 5.0% and a 52.1% success rate. Gallo covers the Technology sector, focusing on stocks such as Palo Alto Networks, Tenable Holdings, and SailPoint, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CrowdStrike Holdings with a $527.58 average price target, a 43.7% upside from current levels. In a report issued on February 12, HSBC also upgraded the stock to Buy with a $446.00 price target.

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