Elastic (ESTC) – Investment Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Elastic (NYSE: ESTC):

• 8/28/2026 – Elastic had its price target raised by Scotiabank from $58.00 to $84.00. They now have a “sector perform” rating on the stock.
• 8/28/2026 – Elastic had its “hold” rating reaffirmed by Piper Sandler.
• 8/28/2026 – Elastic had its price target raised by Cantor Fitzgerald from $91.00 to $100.00. They now have a “neutral” rating on the stock.
• 8/28/2026 – Elastic had its “hold” rating reaffirmed by Needham & Company LLC.
• 8/28/2026 – Elastic had its price target raised by Stifel Nicolaus from $90.00 to $107.00. They now have a “buy” rating on the stock.
• 8/28/2026 – Elastic had its price target raised by UBS Group AG from $85.00 to $105.00. They now have a “buy” rating on the stock.
• 8/28/2026 – Elastic had its price target raised by UBS Group AG from $85.00 to $105.00. They now have a “buy” rating on the stock.
• 8/28/2026 – Elastic had its price target raised by Guggenheim from $106.00 to $120.00. They now have a “buy” rating on the stock.
• 8/28/2026 – Elastic had its price target raised by Piper Sandler from $85.00 to $130.00. They now have an “overweight” rating on the stock.
• 8/28/2026 – Elastic had its price target raised by Citigroup Inc. from $104.00 to $128.00. They now have a “buy” rating on the stock.
• 8/28/2026 – Elastic had its price target raised by Bank of America Corporation from $90.00 to $108.00. They now have a “neutral” rating on the stock.
• 8/28/2026 – Elastic was upgraded by Zacks Research from “hold” to “strong-buy”.
• 8/28/2026 – Elastic had its price target raised by Oppenheimer Holdings, Inc. from $100.00 to $118.00. They now have an “outperform” rating on the stock.
• 8/28/2026 – Elastic had its price target raised by Jefferies Financial Group Inc. from $100.00 to $120.00. They now have a “buy” rating on the stock.
• 8/28/2026 – Elastic had its price target raised by JPMorgan Chase & Co. from $93.00 to $105.00. They now have an “overweight” rating on the stock.
• 8/28/2026 – Elastic had its price target raised by Morgan Stanley from $66.00 to $75.00. They now have an “equal weight” rating on the stock.
• 8/28/2026 – Elastic had its price target raised by Canaccord Genuity Group Inc. from $80.00 to $120.00. They now have a “buy” rating on the stock.
• 8/28/2026 – Elastic had its price target raised by Robert W. Baird from $95.00 to $120.00. They now have an “outperform” rating on the stock.
• 8/26/2026 – Elastic had its price target raised by DA Davidson from $60.00 to $80.00. They now have a “neutral” rating on the stock.
• 8/26/2026 – Elastic had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $83.00 price target on the stock.
• 8/25/2026 – Elastic had its price target raised by TD Cowen from $55.00 to $70.00. They now have a “hold” rating on the stock.
• 8/25/2026 – Elastic had its price target raised by Wells Fargo & Company from $60.00 to $80.00. They now have an “equal weight” rating on the stock.
• 8/24/2026 – Elastic had its price target raised by Barclays PLC from $68.00 to $94.00. They now have an “overweight” rating on the stock.
• 8/24/2026 – Elastic had its price target raised by Cantor Fitzgerald from $59.00 to $91.00. They now have a “neutral” rating on the stock.
• 8/21/2026 – Elastic had its price target raised by JPMorgan Chase & Co. from $80.00 to $93.00. They now have an “overweight” rating on the stock.
• 8/20/2026 – Elastic had its price target raised by Truist Financial Corporation from $80.00 to $100.00. They now have a “buy” rating on the stock.
• 8/19/2026 – Elastic had its “buy” rating reaffirmed by Guggenheim. They now have a $106.00 price target on the stock.
• 8/18/2026 – Elastic was given a new $90.00 price target by Stifel Nicolaus.
• 8/16/2026 – Elastic had its price target raised by Jefferies Financial Group Inc. from $75.00 to $100.00. They now have a “buy” rating on the stock.
• 8/14/2026 – Elastic had its price target raised by Royal Bank Of Canada from $70.00 to $87.00. They now have an “outperform” rating on the stock.
• 8/13/2026 – Elastic had its price target raised by Oppenheimer Holdings, Inc. from $75.00 to $100.00. They now have an “outperform” rating on the stock.
• 7/21/2026 – Elastic was downgraded by Morgan Stanley from “overweight” to “equal weight”. They now have a $66.00 price target on the stock, down from $73.00.
• 7/15/2026 – Elastic was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.

Insider Activity

In related news, CAO Jane E. Bone sold 4,176 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $93.48, for a total value of $390,372.48. Following the transaction, the chief accounting officer owned 49,239 shares of the company’s stock, valued at $4,602,861.72. This represents a 7.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CTO Shay Banon sold 165,171 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $90.26, for a total value of $14,908,334.46. Following the completion of the transaction, the chief technology officer directly owned 1,578,680 shares in the company, valued at $142,491,656.80. This trade represents a 9.47% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 490,474 shares of company stock worth $45,819,767. 12.70% of the stock is currently owned by corporate insiders.

Elastic N.V. operates as a search and analytics company, offering a suite of open source and subscription-based solutions for search, observability and security use cases. Its flagship product, Elasticsearch, enables fast and scalable full-text search and analytics across large volumes of structured and unstructured data. Complementary tools such as Kibana provide visualization capabilities, while Beats and Logstash serve as lightweight data shippers and data processing pipelines, respectively.

The company was founded in 2012 by Shay Banon, who serves as chief technology officer, and Steven Schuurman.