Elastic N.V. (ESTC)
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]
Financial Performance
Financial StatementsAnalyst 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.
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...
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...
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...
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...
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.
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...
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.
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...
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...
Elastic Stock Soars 29%. Here's Why.
The data analytics company soothed investors with a better-than-expected earnings report.
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...
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...
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...
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...
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...
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...
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 ...
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...
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. (...
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. (...
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. (...
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...
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. (...
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. (...
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. (...