Cantor Fitzgerald Remains a Hold on Elastic (ESTC)
In a report released yesterday, Thomas Blakey from Cantor Fitzgerald maintained a Hold rating on Elastic, with a price target of $66.00.
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According to TipRanks, Blakey is an analyst with an average return of -2.0% and a 40.39% success rate. Blakey covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, DigitalOcean Holdings, and Snowflake.
In addition to Cantor Fitzgerald, Elastic also received a Hold from TipRanks – xAI’s xAi Software – Application in a report issued today. However, on the same day, Piper Sandler maintained a Buy rating on Elastic (NYSE: ESTC).
Based on Elastic’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $449.88 million and a net profit of $7.75 million. In comparison, last year the company earned a revenue of $382.08 million and had a GAAP net loss of $17.06 million
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ESTC in relation to earlier this year. Most recently, in December 2025, Mark Eugene Dodds, the CRO of ESTC sold 5,800.00 shares for a total of $432,680.00.
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