Elastic N.V. (ESTC)

NYSE: ESTC · Real-Time Price · USD
113.87
+0.78 (0.69%)
Dec 3, 2024, 11:54 AM EST - Market open
0.69%
Market Cap 11.80B
Revenue (ttm) 1.38B
Net Income (ttm) 60.35M
Shares Out 103.63M
EPS (ttm) 0.57
PE Ratio 201.45
Forward PE 66.90
Dividend n/a
Ex-Dividend Date n/a
Volume 510,090
Open 111.15
Previous Close 113.09
Day's Range 111.00 - 114.96
52-Week Range 69.00 - 136.06
Beta 1.04
Analysts Buy
Price Target 125.42 (+10.15%)
Earnings Date Nov 21, 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 3,187
Stock Exchange NYSE
Ticker Symbol ESTC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for ESTC stock is "Buy." The 12-month stock price forecast is $125.42, which is an increase of 10.15% from the latest price.

Price Target
$125.42
(10.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Elastic Awarded a 2024 AWS Partner Award

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced today it is a recipient of a 2024 Geography and Global AWS Partner Award, recognizing leaders that are playing ke...

3 hours ago - Business Wire

Elastic Announces General Availability of Elastic Cloud Serverless Powered by Search AI Lake

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced the general availability of its Elastic Cloud Serverless powered by a re-architectured Elasticsearch that i...

1 day ago - Business Wire

Autodesk appoints Janesh Moorjani as chief financial officer

SAN FRANCISCO , Nov. 26, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced the appointment of Janesh Moorjani as the company's chief financial officer, effective December 16, 2024. Mo...

Other symbols: ADSK
6 days ago - PRNewsWire

Elastic: A Stretchable Rally? Reiterating Buy For The Brave Hearted

We called a buying opportunity on Elastic in late October, since which the stock reported its 2QFY25 results and soared 44%. Elastic carved itself a unique spot within AI to help companies filter thro...

7 days ago - Seeking Alpha

Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks

Wedbush Securities analyst Daniel Ives has significantly increased his optimism on the next phase of the AI revolution, focusing on its transformative impact on the software sector.

Other symbols: SNOW
7 days ago - Benzinga

Elastic Now Collaborates With AWS to Leverage Generative AI Capabilities

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced today it is strengthening its relationship with Amazon Web Services (AWS) by leveraging the latest generative art...

8 days ago - Business Wire

Watch These Elastic Stock Price Levels After Post-Earnings Surge

Elastic (ESTC) handily surpassed Wall Street's earnings expectations and lifted its outlook, sending shares in the enterprise data software company sharply higher on Friday.

10 days ago - Investopedia

Elastic: A Rebound Is Starting

Q3 marked a rebound for many tech stocks, with Elastic surging ~25% post-Q2 results and raising its annual guidance, erasing YTD losses. Elastic's success is driven by improving sales execution, profi...

11 days ago - Seeking Alpha

What's going on with Elastic stock?

Elastic (ESTC) stock soared by 29% on Friday, reaching $121 in premarket trading after the company's latest earnings report exceeded Wall Street expectations. The data analytics firm, headquartered in...

11 days ago - Invezz

Elastic Stock Soars 29%. Here's Why.

The data analytics company soothed investors with a better-than-expected earnings report.

11 days ago - Barrons

Elastic Q2 Earnings: A Bullish Case For Growth And Profitability

Elastic's recent earnings report exceeded expectations, leading to a 25% share price jump, highlighting its growth and profitability in a bullish market. With 18% y/y revenue growth and strong cloud r...

11 days ago - Seeking Alpha

Elastic N.V. (ESTC) Q2 2025 Earnings Call Transcript

Elastic N.V. (NYSE:ESTC) Q2 2025 Earnings Conference Call November 21, 2024 5:00 PM ET Company Participants Anthony Luscri - VP of IR Ashutosh Kulkarni - CEO Janesh Moorjani - CFO and COO Eric Prenge...

11 days ago - Seeking Alpha

Elastic Reports Second Quarter Fiscal 2025 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its second quarter of fiscal 2025 ended October 31, 2024. Second Qu...

11 days ago - Business Wire

Elastic Announces AI Ecosystem to Accelerate GenAI Application Development

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced its AI ecosystem to help enterprise developers accelerate building and deploying their Retrieval Augmented Genera...

19 days ago - Business Wire

Elastic Announces 100% OpenTelemetry Experience for Kubernetes with the OTel Operator

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced Kubernetes observability support in the Elastic Distributions of OpenTelemetry (EDOT) portfolio, using OpenTeleme...

20 days ago - Business Wire

Elastic Introduces Better Binary Quantization Technique in Elasticsearch

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced Better Binary Quantization (BBQ) in Elasticsearch. BBQ is a new quantization approach developed from insights dra...

22 days ago - Business Wire

Elastic to Announce Second Quarter Fiscal 2025 Earnings Results on Thursday, November 21, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the Search AI Company, announced that it will release its financial results for its second quarter fiscal 2025 ended October 31, 2024 ...

25 days ago - Business Wire

Elastic Simplifies Elasticsearch Management with AutoOps Integration

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced that AutoOps, a monitoring and management tool from Elastic's acquisition of Opster, is now fully integrated into...

27 days ago - Business Wire

The Schall Law Firm Urges Shareholders To Take Part In An Inquiry Into Elastic NV For Possible Securities Law Violations

LOS ANGELES, CA / ACCESSWIRE / November 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it's investigating claims on behalf of investors of Elastic N.V. (...

4 weeks ago - Accesswire

Elastic N.V. Is Being Investigated For Securities Fraud And Investors With Losses Are Encouraged To Contact The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / November 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it's investigating claims on behalf of investors of Elastic N.V. (...

4 weeks ago - Accesswire

The Schall Law Firm Urges Shareholder Participation In An Inquiry Into Elastic NV For Securities Law Violations

LOS ANGELES, CA / ACCESSWIRE / November 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it's investigating claims on behalf of investors of Elastic N.V. (...

4 weeks ago - Accesswire

Elastic Enables Innovation in Next Generation Knowledge Management with LG CNS

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI company, today announced its successful collaboration with LG CNS, a leading digital transformation company in Korea, to help transf...

4 weeks ago - Business Wire

Elastic N.V. May Have Engaged In Securities Fraud And Affected Investors Are Encouraged To Contact The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / October 31, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it's investigating claims on behalf of investors of Elastic N.V. (...

4 weeks ago - Accesswire

The Schall Law Firm Urges Shareholders With Losses To Help Investigate Whether Elastic NV Violated Securities Laws

LOS ANGELES, CA / ACCESSWIRE / October 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it's investigating claims on behalf of investors of Elastic N.V. (...

4 weeks ago - Accesswire

Investors Are Invited To Join The Schall Law Firm's Inquiry Into Elastic N.V. For Securities Fraud

LOS ANGELES, CA / ACCESSWIRE / October 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, publicizes that it's investigating claims on behalf of investors of Elastic N.V. (...

5 weeks ago - Accesswire