Elastic price target lowered to $85 from $100 at Oppenheimer

Oppenheimer lowered the firm’s price target connected Elastic (ESTC) to $85 from $100 and keeps an Outperform standing connected the shares. The steadfast notes Elastic reported coagulated Q3 results and raised FY26 guidance connected broad-based request and dependable commitments/consumption. Oppenheimer views the Q4 guidance arsenic conservative, mounting up apt upside potential.

Claim 50% Off TipRanks Premium

• Unlock hedge fund-level information and almighty investing tools for smarter, sharper decisions

• Stay up of the marketplace with the latest quality and investigation and maximize your portfolio's potential

Published archetypal connected TheFly – the eventual root for real-time, market-moving breaking fiscal news. Try Now>>

See Insiders’ Hot Stocks connected TipRanks >>

Read More connected ESTC:

Disclaimer & DisclosureReport an Issue

• Elastic terms people lowered to $95 from $110 astatine UBS

• Elastic terms people lowered to $75 from $108 astatine Stifel

• Elastic terms people lowered to $92 from $115 astatine Baird

• Elastic: Solid AI-Driven Growth Offset by Slowing Revenue Momentum, Justifying a Hold Rating

• Elastic terms people raised to $99 from $98 astatine JPMorgan