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

Elastic price target lowered to $85 from $100 at Oppenheimer TipRanks Sat, February 28, 2026 at 10:02 PM GMT+8 1 min read In this article:

ESTC -15.44% OPY -4.46%

Oppenheimer lowered the firm’s price target on Elastic (ESTC) to $85 from $100 and keeps an Outperform rating on the shares. The firm notes Elastic reported solid Q3 results and raised FY26 guidance on broad-based demand and steady commitments/consumption. Oppenheimer views the Q4 guidance as conservative, setting up likely upside potential.

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