Barclays Maintains Overweight on Elastic, Raises Price Target to $94

12 Information Technology Stocks Moving In Thursday's After-Market Session

Gainers Elastic (NYSE:ESTC) shares increased by 16.9% to $97.92 during Thursday's after-market session. The market value of their outstanding shares is at $8.3 billion. The company's, Q1 earnings came out

8-K filing — Elastic N.V. (ESTC)

Filed: 2026-08-27 AccNo: 0001707753-26-000036 Size: 151 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 7.01: Regulation FD Disclosure Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits

Elastic shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 sales guidance above estimates. Also, the company raised its FY27 guidance.

Elastic Raises FY2027 Adj EPS Guidance from $3.21-$3.29 to $3.29-$3.37 vs $3.24 Est; Raises FY2027 Sales Guidance from $1.985B-$2.000B to $1.998B-$2.010B vs $1.993B Est

Elastic (NYSE:ESTC) raises FY2027 Adj EPS guidance from $3.21-$3.29 to $3.29-$3.37 vs $3.24 analyst estimate. Raises FY2027 sales outlook from $1.985 billion-$2.000 billion to $1.998 billion-$2.010 billion vs $1.993