Recent Analysts’ Ratings Updates for Elastic (ESTC)

Several analysts have recently updated their ratings and price targets for Elastic (NYSE: ESTC):

• 3/2/2026 – Elastic had its price target lowered by DA Davidson from $80.00 to $65.00. They now have a “neutral” rating on the stock.
• 3/2/2026 – Elastic had its price target lowered by Morgan Stanley from $80.00 to $73.00. They now have an “overweight” rating on the stock.
• 2/27/2026 – Elastic had its price target lowered by Canaccord Genuity Group Inc. from $115.00 to $90.00. They now have a “buy” rating on the stock.
• 2/27/2026 – Elastic had its price target lowered by Truist Financial Corporation from $105.00 to $80.00. They now have a “buy” rating on the stock.
• 2/27/2026 – Elastic had its price target lowered by Wells Fargo & Company from $75.00 to $60.00. They now have an “equal weight” rating on the stock.
• 2/27/2026 – Elastic had its price target lowered by Piper Sandler from $110.00 to $85.00. They now have an “overweight” rating on the stock.
• 2/27/2026 – Elastic had its price target lowered by Oppenheimer Holdings, Inc. from $100.00 to $85.00. They now have an “outperform” rating on the stock.
• 2/27/2026 – Elastic had its price target lowered by Barclays PLC from $78.00 to $76.00. They now have an “overweight” rating on the stock.
• 2/23/2026 – Elastic had its “hold” rating reaffirmed by TD Cowen.
• 2/20/2026 – Elastic had its price target lowered by Citigroup Inc. from $115.00 to $95.00. They now have a “buy” rating on the stock.
• 2/20/2026 – Elastic had its price target lowered by JPMorgan Chase & Co. from $113.00 to $98.00. They now have an “overweight” rating on the stock.
• 2/19/2026 – Elastic was given a new $80.00 price target by Morgan Stanley.
• 2/18/2026 – Elastic had its “buy” rating reaffirmed by Guggenheim. They now have a $116.00 price target on the stock.
• 1/30/2026 – Elastic had its price target lowered by Rosenblatt Securities from $130.00 to $110.00. They now have a “buy” rating on the stock.
• 1/21/2026 – Elastic had its “sell (d)” rating reaffirmed by Weiss Ratings.
• 1/12/2026 – Elastic had its price target lowered by Barclays PLC from $107.00 to $100.00. They now have an “overweight” rating on the stock.

Insider Transactions at Elastic

In other Elastic news, insider Carolyn Herzog sold 3,989 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $52.28, for a total value of $208,544.92. Following the transaction, the insider owned 85,335 shares in the company, valued at $4,461,313.80. The trade was a 4.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Ken Exner sold 4,310 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $52.28, for a total value of $225,326.80. Following the completion of the sale, the insider directly owned 222,728 shares in the company, valued at approximately $11,644,219.84. This represents a 1.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 44,375 shares of company stock worth $2,464,797 over the last 90 days. Insiders own 12.70% of the company’s stock.

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.