Elastic N.V. (ESTC)

NYSE: ESTC · IEX Real-Time Price · USD
114.67
-0.81 (-0.70%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.70%
Market Cap 11.66B
Revenue (ttm) 1.27B
Net Income (ttm) 61.72M
Shares Out 101.72M
EPS (ttm) 0.59
PE Ratio 194.36
Forward PE 93.51
Dividend n/a
Ex-Dividend Date n/a
Volume 676,805
Open 115.66
Previous Close 115.48
Day's Range 113.51 - 116.44
52-Week Range 57.38 - 136.06
Beta 0.92
Analysts Buy
Price Target 117.15 (+2.16%)
Earnings Date May 30, 2024

About ESTC

Elastic N.V., a search artificial intelligence (AI) company, delivers hosted and managed solutions designed to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data. The company's Elastic Stack product portfolio comprises Elasticsearch, a document store and search engine, and data store for various ... [Read more]

Sector Technology
IPO Date Oct 5, 2018
Employees 2,886
Stock Exchange NYSE
Ticker Symbol ESTC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for ESTC stock is "Buy." The 12-month stock price forecast is $117.15, which is an increase of 2.16% from the latest price.

Price Target
$117.15
(2.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Elastic Introduces Playground to Accelerate RAG Development with Elasticsearch

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced Playground, a low-code interface that enables developers to build RAG applications using Elasticsearch in minutes...

4 days ago - Business Wire

Elastic Recognized as the Winner of 2024 Microsoft U.S. Partner of the Year

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced it has won the U.S. Partner of the Year 2024 Award. The company was honored among a global field of top Mic...

6 days ago - Business Wire

Elastic Releases Third Annual Sustainability Report

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today released its third annual sustainability report, highlighting its progress in 2023 and commitment to embedding enviro...

12 days ago - Business Wire

Elastic Adds Vector Database and Broad Retrieval Capabilities to LangChain

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced a partner integration package with LangChain that will simplify the import of vector database and retrieval...

21 days ago - Business Wire

Elastic Contributes Universal Profiling Agent to OpenTelemetry

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced the donation of its Universal Profiling agent has been accepted into OpenTelemetry (OTel)'s continuous profiling ...

25 days ago - Business Wire

Elastic (ESTC) CEO on How the Company Uses A.I.

Elastic's (ESTC) 4Q adjusted EPS came in at $0.21 versus an estimated $0.19 and revenue came in at $335.0M versus an estimated $329.15M. CEO Ash Kulkarni joins Oliver Renick to discuss the company's e...

4 weeks ago - Schwab Network

Elastic Reports Fourth Quarter and Fiscal 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the Search AI Company, announced financial results for its fourth quarter and full fiscal year ended April 30, 2024. Fourth Quarter Fi...

4 weeks ago - Business Wire

Elastic to Present in Upcoming Investor Conferences

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the Search AI Company, announced that its management will present at the following investor conferences: Bank of America Global Techno...

5 weeks ago - Business Wire

Elasticsearch Open Inference API Now Supports Microsoft Azure AI Studio

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) today announced the Elasticsearch open inference API supports integration with the model catalog hosted in Microsoft Azure AI Studio. This includes...

5 weeks ago - Business Wire

Elasticsearch Delivers Performance Increase for Users Running the Elastic Search AI Platform on Arm-based Architectures

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), today announced new Elasticsearch benchmarking on the preview of Azure Cobalt 100 Arm-based virtual machines. This resulted in up to 37% higher th...

6 weeks ago - Business Wire

Elastic to Announce Fourth Quarter and Fiscal 2024 Earnings Results on Thursday, May 30, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the Search AI Company, announced that it will release its financial results for its fourth quarter and fiscal 2024 ended April 30, 202...

6 weeks ago - Business Wire

Elastic Announces First-of-its-kind Search AI Lake to Scale Low Latency Search

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced Search AI Lake, a first-of-its-kind, cloud-native architecture optimized for real-time, low-latency applica...

6 weeks ago - Business Wire

Red Hat and Elastic Fuel Retrieval Augmented Generation for GenAI Use Cases

DENVER - RED HAT SUMMIT 2024--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, and Elastic (NYSE: ESTC), the search artificial intelligence (AI) company, today an...

2 months ago - Business Wire

Elastic Security Labs Releases Guidance to Avoid LLM Risks and Abuses

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the leading Search AI company, announced LLM Safety Assessment: The Definitive Guide on Avoiding Risk and Abuses, the latest research issued by El...

2 months ago - Business Wire

Elastic changes the SIEM game with AI-driven security analytics

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced Search AI will replace the traditional SIEM with an AI-driven security analytics solution for the modern SOC. Pow...

2 months ago - Business Wire

Elastic Reports 8x Speed and 32x Efficiency Gains for Elasticsearch and Lucene Vector Database

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced new vector database performance gains with Elasticsearch and Apache Lucene, with up to 8x speed...

2 months ago - Business Wire

Elasticsearch Open Inference API Supports Cohere Rerank 3

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced the Elasticsearch open inference API supports Cohere's Rerank 3 model. As the first vector data...

2 months ago - Business Wire

Elastic Adds Support for Cohere High-Performance Embeddings

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced the Elasticsearch open Inference API now supports Cohere's text embedding models. This includes...

3 months ago - Business Wire

Elastic Announces 2023 Elastic Excellence Awards Winners

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced the winners and honorees of its Elastic Excellence Awards. The awards celebrate or...

3 months ago - Business Wire

New Research from Elastic Finds Conversational Search Could Yield Staggering Productivity Returns

SAN FRANCISCO--(BUSINESS WIRE)--New research by Elastic (NYSE: ESTC), the company behind Elasticsearch®, found nearly all (99%) global IT decision makers, regardless of region or industry, recognize g...

3 months ago - Business Wire

Elastic (ESTC) CEO On 3Q Earnings

Elastic's (ESTC) 3Q adjusted EPS came in at $0.36 versus an estimated $0.31 and revenue came in at $328.00M versus an estimated $320.48M. CEO Ash Kulkarni joins Nicole Petallides to give an overview o...

4 months ago - Schwab Network

Elastic Reports Third Quarter Fiscal 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its third quarter of fiscal 2024 ended January 31, 2024. Third Quar...

4 months ago - Business Wire

Elastic to Present in Upcoming Investor Conference

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that its management will present at the Morgan Stanley Technology, Media & Telecom Confer...

4 months ago - Business Wire

Elastic to Announce Third Quarter Fiscal 2024 Earnings Results on Thursday, February 29, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that it will release its financial results for its third quarter fiscal 2024 ended Januar...

4 months ago - Business Wire

Elastic CEO on cloud demand, cybersecurity trends, and artificial intelligence

Elastic CEO Ashutosh Kulkarni discusses how his company is using AI for the cloud and cybersecurity markets.

5 months ago - CNBC Television