Research Analysts’ Recent Ratings Updates for Elastic (ESTC)

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

• 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-)”.
• 6/26/2026 – Elastic had its “overweight” rating reaffirmed by Piper Sandler.
• 6/26/2026 – Elastic was upgraded by Zacks Research from “strong sell” to “hold”.
• 6/26/2026 – Elastic had its price target lowered by Rosenblatt Securities from $90.00 to $83.00. They now have a “buy” rating on the stock.
• 6/25/2026 – Elastic had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $59.00 price target on the stock.

Insider Transactions at Elastic

In related news, CFO Navam Welihinda sold 12,961 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $60.61, for a total transaction of $785,566.21. Following the sale, the chief financial officer directly owned 209,254 shares in the company, valued at approximately $12,682,884.94. This represents a 5.83% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Carolyn Herzog sold 9,485 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $60.61, for a total transaction of $574,885.85. Following the completion of the transaction, the insider directly owned 128,439 shares of the company’s stock, valued at approximately $7,784,687.79. This trade represents a 6.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 110,099 shares of company stock valued at $6,673,100. 12.70% of the stock is currently owned by 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.