StreetInsider.com News Articles

Elastic NV. (ESTC) PT Lowered to $68 at Barclays

Mon, 01 Jun 2026 03:25:38 -0400

Barclays analyst Raimo Lenschow lowered the price target on Elastic NV. (NYSE: ESTC) to $68.00 (from $76.00) while maintaining a Overweight rating.

Elastic NV. (ESTC) PT Lowered to $85 at UBS

Fri, 29 May 2026 09:42:47 -0400

UBS analyst Radi Sultan lowered the price target on Elastic NV. (NYSE: ESTC) to $85.00 (from $95.00) while maintaining a Buy rating.

The analyst commented, "ESTC reported a mixed F4Q26 with cloud revs again coming in light at $217.4m (-$1.1m q/q), a decel to 20% y/y growth and shy of the investor bogey for ~$220m of F4Q26 cloud revs (+21% y/y growth). ESTC also reported a lighter than expected total revs beat (+0.8% vs high-end of guide), delivering 16% growth in F4Q26, which the company partially pinned on a greater cloud mix shift which was a half point headwind to F4Q26 revs growth. However,

Elastic NV. (ESTC) PT Lowered to $85 at UBS

Fri, 29 May 2026 09:42:47 -0400

UBS analyst Radi Sultan lowered the price target on Elastic NV. (NYSE: ESTC) to $85.00 (from $95.00) while maintaining a Buy rating.

Elastic NV. (ESTC) PT Lowered to $60 at DA Davidson on 'Lower Than Typical Upside'

Fri, 29 May 2026 09:15:28 -0400

DA Davidson analyst Lucky Schreiner lowered the price target on Elastic NV. (NYSE: ESTC) to $60.00 (from $65.00) while maintaining a Neutral rating.

The analyst commented, "Elastic reported a lower than typical revenue beat in 4Q26 with weaker than expected cloud revenue sending shares lower after hours. In contrast to revenue, Elastic secured very healthy customer commitments as cRPO and RPO accelerated nicely in the quarter allowing management to guide for accelerating growth in FY27. Management emphasized sales execution, traction with its CISA partnership, and AI product uptake as tailwinds. Given the lower than typical upside, we maintain our NEUTRAL rating."

Elastic NV. (ESTC) PT Lowered to $60 at DA Davidson on 'Lower Than Typical Upside'

Fri, 29 May 2026 09:15:28 -0400

DA Davidson analyst Lucky Schreiner lowered the price target on Elastic NV. (NYSE: ESTC) to $60.00 (from $65.00) while maintaining a Neutral rating.

Elastic NV. (ESTC) PT Lowered to $75 at Oppenheimer

Fri, 29 May 2026 08:24:43 -0400

Oppenheimer analyst Ittai Kidron lowered the price target on Elastic NV. (NYSE: ESTC) to $75.00 (from $85.00) while maintaining a Outperform rating.

Elastic NV. (ESTC) PT Lowered to $65 at Stifel on 'Fairly Lackluster Quarter'

Fri, 29 May 2026 07:32:12 -0400

Stifel analyst Brad Reback lowered the price target on Elastic NV. (NYSE: ESTC) to $65.00 (from $75.00) while maintaining a Buy rating.

The analyst commented, "Shares traded down ~10% AH as Elastic posted a fairly lackluster quarter (1% revenue beat) as Cloud revenue declined Q/Q for the first time we can remember in a 4Q, even with typical seasonal patterns (3-fewer days in 4Q vs 3Q). That said, management continues to point investors toward Sales-Led Subscription Growth (SLSG) that increased 16% YoY, but was also modestly below our expectations.Bookings were strong in the quarter as RPO (+28%) and cRPO (+20%) growth

Elastic NV. (ESTC) PT Lowered to $65 at Stifel on 'Fairly Lackluster Quarter'

Fri, 29 May 2026 07:32:12 -0400

Stifel analyst Brad Reback lowered the price target on Elastic NV. (NYSE: ESTC) to $65.00 (from $75.00) while maintaining a Buy rating.

Elastic NV. (ESTC) Reiterated at Neutral by Cantor Fitzgerald

Fri, 29 May 2026 06:57:53 -0400

Cantor Fitzgerald analyst Thomas Blakey reiterated a Neutral rating and $59.00 price target on Elastic NV. (NYSE: ESTC).

The analyst commented, "We continue to view the company as well positioned to benefit from AI secular growth trends in search, security, and observability, but remain Neutral rated driven by lack of NTM momentum in SLS, which was guided to cont. to decel in F1Q27 with possible dependency on sales capacity additions in 2HF27. We reiterate our $59 PT, or 3x EV/C27E rev, which is below the company's one-year average NTM EV/rev multiple of 3.8x."

For an analyst ratings summary and ratings history on

Elastic NV. (ESTC) PT Lowered to $55 at TD Cowen

Fri, 29 May 2026 06:30:17 -0400

TD Cowen analyst Andrew Sherman lowered the price target on Elastic NV. (NYSE: ESTC) to $55.00 (from $60.00) while maintaining a Hold rating.

The analyst comments "Cloud revs missed & were ($1m) Q/Q, while Sales-Led Sub beat guide by $2m, well below last qtr's $10m. Big RPO number but this is boosted by multi-year deals, cRPO accel but on an easier comp. FY27 Sales-Led guide of ~17% cc above our 15% est but assumes 2H accelerates to high-teens, which optically looks aggressive, but mgmt is confident its strong commitments & sales capacity support this."

Elastic NV. (ESTC) PT Lowered to $55 at TD Cowen

Fri, 29 May 2026 06:30:17 -0400

TD Cowen analyst Andrew Sherman lowered the price target on Elastic NV. (NYSE: ESTC) to $55.00 (from $60.00) while maintaining a Hold rating.

Elastic NV. (ESTC) PT Raised to $104 at Citi

Fri, 29 May 2026 04:28:32 -0400

Citi analyst Tyler Radke raised the price target on Elastic NV. (NYSE: ESTC) to $104.00 (from $95.00) while maintaining a Buy rating.

Elastic N.V. (ESTC) Tops Q4 EPS by 5c; offers guidance

Thu, 28 May 2026 16:11:30 -0400

Elastic N.V. (NYSE: ESTC) reported Q4 EPS of $0.61, $0.05 better than the analyst estimate of $0.56. Revenue for the quarter came in at $451 million versus the consensus estimate of $446.64 million.

GUIDANCE:

Elastic N.V. sees Q1 2027 EPS of $0.57-$0.59, versus the consensus of $0.63. Elastic N.V. sees Q1 2027 revenue of $469-470 million, versus the consensus of $469.2 million.

Elastic N.V. sees FY2027 EPS of $3.21-$3.29, versus the consensus of $2.84. Elastic N.V. sees FY2027 revenue of $1.985-2 billion, versus the consensus of $1.975 billion.

For earnings history and earnings-related data on Elastic N.V. (ESTC) click here.

Elastic N.V. (ESTC) Tops Q4 EPS by 5c; offers guidance

Thu, 28 May 2026 16:11:30 -0400

Elastic N.V. (NYSE: ESTC) reported Q4 EPS of $0.61, $0.05 better than the analyst estimate of $0.56. Revenue for the quarter came in at $451 million versus the consensus estimate of $446.64 million.

GUIDANCE:

Elastic N.V. sees Q1 2027 EPS of $0.57-$0.59, versus the consensus of $0.63. Elastic N.V. sees Q1 2027 revenue of $469-470 million, versus the consensus of $469.2 million.

Elastic N.V. sees FY2027 EPS of $3.21-$3.29, versus the consensus of $2.84. Elastic N.V. sees FY2027 revenue of $1.985-2 billion, versus the consensus of $1.975 billion.

For earnings history and earnings-related data on Elastic N.V. (ESTC) click here.

Form 8-K Elastic N.V. For: May 28

Thu, 28 May 2026 16:07:00 -0400

si-local-file:///var/storage/secattach/20260528/26567239.html

Form 8-K Elastic N.V. For: May 28

Thu, 28 May 2026 16:07:00 -0400

si-local-file:///var/storage/secattach/20260528/26567239.html

Elastic Reports Fourth Quarter and Fiscal 2026 Financial Results

Thu, 28 May 2026 16:05:00 -0400

Q4 Revenue of $451 million, up 16% year-over-year

FY26 Revenue of $1.739 billion, up 17% year-over-year

SAN FRANCISCO--(BUSINESS WIRE)-- Elastic (NYSE: ESTC), the Search AI Company, announced financial results for its fourth quarter and full fiscal year ended April 30, 2026.

Fourth Quarter Fiscal 2026 Financial Highlights

Total revenue was $451 million, an increase of 16% year-over-year, or 14% on a constant currency basis
Total subscription revenue was $422 million, an increase of 17% year-over-year, or 15% on a constant currency basis
Sales-led subscription revenue (calculated as subscription revenue excluding Monthly Elastic Cloud) was $375 million, an increase of 19% year-over-year,

Elastic Reports Fourth Quarter and Fiscal 2026 Financial Results

Thu, 28 May 2026 16:05:00 -0400

Q4 Revenue of $451 million, up 16% year-over-year

FY26 Revenue of $1.739 billion, up 17% year-over-year

SAN FRANCISCO--(BUSINESS WIRE)-- Elastic (NYSE: ESTC), the Search AI Company, announced financial results for its fourth quarter and full fiscal year ended April 30, 2026.

Fourth Quarter Fiscal 2026 Financial Highlights

Total revenue was $451 million, an increase of 16% year-over-year, or 14% on a constant currency basis
Total subscription revenue was $422 million, an increase of 17% year-over-year, or 15% on a constant currency basis
Sales-led subscription revenue (calculated as subscription revenue excluding Monthly Elastic Cloud) was $375 million, an increase of 19% year-over-year,

Elastic Reports Fourth Quarter and Fiscal 2026 Financial Results

Thu, 28 May 2026 16:05:00 -0400

Q4 Revenue of $451 million, up 16% year-over-year

FY26 Revenue of $1.739 billion, up 17% year-over-year

SAN FRANCISCO--(BUSINESS WIRE)-- Elastic (NYSE: ESTC), the Search AI Company, announced financial results for its fourth quarter and full fiscal year ended April 30, 2026.

Fourth Quarter Fiscal 2026 Financial Highlights

Total revenue was $451 million, an increase of 16% year-over-year, or 14% on a constant currency basis
Total subscription revenue was $422 million, an increase of 17% year-over-year, or 15% on a constant currency basis
Sales-led subscription revenue (calculated as subscription revenue excluding Monthly Elastic Cloud) was $375 million, an increase of 19% year-over-year,

Elastic Reports Fourth Quarter and Fiscal 2026 Financial Results

Thu, 28 May 2026 16:05:00 -0400

Q4 Revenue of $451 million, up 16% year-over-year

FY26 Revenue of $1.739 billion, up 17% year-over-year

SAN FRANCISCO--(BUSINESS WIRE)-- Elastic (NYSE: ESTC), the Search AI Company, announced financial results for its fourth quarter and full fiscal year ended April 30, 2026.

Fourth Quarter Fiscal 2026 Financial Highlights

Total revenue was $451 million, an increase of 16% year-over-year, or 14% on a constant currency basis
Total subscription revenue was $422 million, an increase of 17% year-over-year, or 15% on a constant currency basis
Sales-led subscription revenue (calculated as subscription revenue excluding Monthly Elastic Cloud) was $375 million, an increase of 19% year-over-year,

Elastic NV. (ESTC) PT Lowered to $80 at JPMorgan

Wed, 27 May 2026 07:58:48 -0400

JPMorgan analyst Brian Essex lowered the price target on Elastic NV. (NYSE: ESTC) to $80.00 (from $99.00) while maintaining a Overweight rating.

Elastic NV. (ESTC) PT Lowered to $60 at TD Cowen

Tue, 26 May 2026 09:34:33 -0400

(Updated - May 26, 2026 9:34 AM EDT)

TD Cowen analyst Andrew Sherman lowered the price target on Elastic NV. (NYSE: ESTC) to $60.00 (from $65.00) while maintaining a Hold rating.

The analyst commented: "Expecting Beat, FY27 Guide Roughly In-Line; ESTC reports on 5/28. We expect a beat vs. guide of 13% cc. FY27 guide is the key, we expect Sales-Led Sub growth in-line w/ our 15% cc est (mgmt's med-term target). Tougher comp in 1Q from last year's price hike. 45%+ of revs from Int'l is a risk factor. Trading at 12x EV/FCF expectations are low, but we think valuations will

Elastic NV. (ESTC) PT Lowered to $60 at TD Cowen

Tue, 26 May 2026 09:34:33 -0400

(Updated - May 26, 2026 9:34 AM EDT)

TD Cowen analyst Andrew Sherman lowered the price target on Elastic NV. (NYSE: ESTC) to $60.00 (from $65.00) while maintaining a Hold rating.

Elastic NV. (ESTC) PT Lowered to $59 at Cantor Fitzgerald

Tue, 26 May 2026 07:27:44 -0400

Cantor Fitzgerald analyst Thomas Blakey lowered the price target on Elastic NV. (NYSE: ESTC) to $59.00 (from $66.00) while maintaining a Neutral rating.

The analyst commented, "We view the set up in to earnings favorably for OW-rated MDB shares as well as Neutralrated ESTC shares, with expectations relatively low for both shares heading in to respective prints and relatively conservative outlooks, particularly for MongoDB>'

Elastic NV. (ESTC) PT Lowered to $59 at Cantor Fitzgerald

Tue, 26 May 2026 07:27:44 -0400

Cantor Fitzgerald analyst Thomas Blakey lowered the price target on Elastic NV. (NYSE: ESTC) to $59.00 (from $66.00) while maintaining a Neutral rating.