Rating Change
Truist Securities reiterated its Buy rating on Elastic N.V. (NYSE:ESTC) on August 20, 2026.
reiterateNYSE:ESTC
Truist Securities Reiterates Buy Rating on Elastic N.V. (ESTC)
Truist Securities reiterated its Buy rating on Elastic N.V. (NYSE:ESTC) on August 20, 2026.
At publication ·
What changed
Elastic N.V. (NYSE:ESTC) · reiterate
- Firm
- Truist Securities
- Rating
- Buy to Buy
- Price at event
- $85.90
- Market capitalization
- $8.4B
At a glance
Key takeaways
- Truist Securities reiterated a Buy rating on Elastic N.V. (ESTC) on August 20, 2026, with the stock trading at $85.90 and a market capitalization of $8.4 billion.
Market Context
Elastic N.V. operates in the Technology sector. The stock currently trades at $85.90 with a market capitalization of $8.4B. The stock has gained 13.1% over the past 52 weeks.
Analyst coverage from Truist Securities provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Elastic N.V.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Elastic N.V.
Among the 10 most recent ratings: 7 Buy, 3 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 20, 2026 | Truist Securities | Buy | N/A |
| Aug 19, 2026 | Guggenheim | Buy | N/A |
| Aug 17, 2026 | Jefferies | Buy | N/A |
| Aug 14, 2026 | RBC Capital | Outperform | N/A |
| Aug 13, 2026 | Oppenheimer | Outperform | N/A |
Related Tools: Analyst Ratings Dashboard | View ESTC Stock Page
Frequently Asked Questions
What does the Buy rating mean for ESTC?
A rating of Buy from Truist Securities reflects the analyst's outlook on Elastic N.V. (NYSE:ESTC). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the ESTC forecast page.