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Analyst Price Targets — IT

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DateAnalystFirmTargetPrice @ PostSourceHeadline
July 10, 2026 10:16 amToni KaplanMorgan Stanley$173.00$132.69TheFly Gartner price target lowered to $173 from $183 at Morgan Stanley
June 24, 2026 10:35 amJason HaasWells Fargo$120.00$129.18TheFly Gartner price target lowered to $120 from $140 at Wells Fargo
June 12, 2026 11:42 amJoshua ChanUBS$164.00$148.81TheFly Gartner price target lowered to $164 from $170 at UBS
May 6, 2026 1:37 pmUBS$170.00$151.18TheFly Gartner price target raised to $170 from $166 at UBS
May 6, 2026 12:18 pmMorgan Stanley$183.00$150.49TheFly Gartner price target lowered to $183 from $200 at Morgan Stanley
May 6, 2026 12:12 pmRBC Capital$160.00$151.06TheFly Gartner price target lowered to $160 from $175 at RBC Capital
May 5, 2026 9:38 pmGoldman Sachs$162.00$149.49TheFly Gartner price target lowered to $162 from $171 at Goldman Sachs
April 27, 2026 8:32 amGoldman Sachs$171.00$150.55TheFly Gartner downgraded to Neutral from Buy at Goldman Sachs
April 10, 2026 9:01 amBarclays$150.00$142.23TheFly Gartner price target lowered to $150 from $180 at Barclays
March 27, 2026 10:26 amWells Fargo$140.00$155.42TheFly Gartner price target lowered to $140 from $150 at Wells Fargo

Latest News for IT

Elastic Recognized as a Leader for the Third Consecutive Year in the Gartner® Magic Quadrant™ for Observability Platforms

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced that Gartner®, Inc. has named it a Leader in the Magic Quadrant™ for Observability Platforms for the third consecutive year. The evaluation was based on specific criteria that analyzed the company's overall Completeness of Vision and Ability to Execute. This recognition comes alongside the Gartner companion Critical…

Business Wire • Jul 16, 2026
Grafana Labs Named a Leader in 2026 Gartner® Magic Quadrant™ for Observability Platforms and Positioned Furthest in Completeness of Vision

NEW YORK--(BUSINESS WIRE)--Grafana Labs, the company behind the open observability cloud, today announced it has been named a Leader in the Gartner® Magic Quadrant™ for Observability Platforms for the third consecutive year, and positioned furthest on the Completeness of Vision axis for the second year running. We believe this placement reflects where the market is headed: toward open, composable observability that…

Business Wire • Jul 15, 2026

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