Elastic N.V. (ESTC)
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]
Financial Performance
Financial StatementsAnalyst 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.
News
![](https://cdn.snapi.dev/images/v1/k/9/press15-2502709.jpg)
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...
![](https://cdn.snapi.dev/images/v1/z/w/press1-2498381.jpg)
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...
![](https://cdn.snapi.dev/images/v1/s/x/press3-2488613.jpg)
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...
![](https://cdn.snapi.dev/images/v1/m/2/press12-2473995.jpg)
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...
![](https://cdn.snapi.dev/images/v1/y/6/press18-2468224.jpg)
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 ...
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...
![](https://cdn.snapi.dev/images/v1/5/y/press11-2454944.jpg)
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...
![](https://cdn.snapi.dev/images/v1/p/a/conf6-2444348.jpg)
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...
![](https://cdn.snapi.dev/images/v1/a/6/press18-2443479.jpg)
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...
![](https://cdn.snapi.dev/images/v1/n/w/press5-2442322.jpg)
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...
![](https://cdn.snapi.dev/images/v1/r/n/conf12-2436075.jpg)
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...
![](https://cdn.snapi.dev/images/v1/v/j/press16-2432151.jpg)
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...
![](https://cdn.snapi.dev/images/v1/i/l/press9-2415052.jpg)
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...
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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...
![](https://cdn.snapi.dev/images/v1/x/c/press2-2412049.jpg)
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...
![](https://cdn.snapi.dev/images/v1/y/8/press18-2393720.jpg)
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...
![](https://cdn.snapi.dev/images/v1/0/t/press18-2367712.jpg)
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...
![](https://cdn.snapi.dev/images/v1/b/q/press10-2354033.jpg)
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...
![](https://cdn.snapi.dev/images/v1/z/z/press14-2344123.jpg)
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...
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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...
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...
![](https://cdn.snapi.dev/images/v1/6/e/press6-2302369.jpg)
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...
![](https://cdn.snapi.dev/images/v1/f/m/conf4-2289818.jpg)
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...
![](https://cdn.snapi.dev/images/v1/7/z/conf15-2279424.jpg)
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...
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.