Elastic N.V. (ESTC)
| Market Cap | 5.85B -34.6% |
| Revenue (ttm) | 1.74B +17.3% |
| Net Income | 367.77M |
| EPS | 3.43 |
| Shares Out | 103.95M |
| PE Ratio | 16.40 |
| Forward PE | 17.25 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,538,167 |
| Open | 53.88 |
| Previous Close | 53.60 |
| Day's Range | 53.88 - 56.93 |
| 52-Week Range | 42.05 - 96.07 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 74.52 (+32.5%) |
| Earnings Date | May 28, 2026 |
About ESTC
Elastic N.V., a search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally. It primarily offers Elasticsearch Platform, 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 also provides Elastic search product a distributed, real-time vector database and analytics engine and data store for all types of d... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 31 analysts, the average rating for ESTC stock is "Buy." The 12-month stock price target is $74.52, which is an increase of 32.50% from the latest price.
News
Elastic price target lowered to $83 from $90 at Rosenblatt
Rosenblatt lowered the firm’s price target on Elastic (ESTC) to $83 from $90 and keeps a Buy rating on the shares after the company announced a restructuring and the departure…
Elastic to reduce workforce by about 7%
The company states: “As discussed during the earnings call held on May 28, 2026, the Company is evolving its organization to better align its teams with working in an age…
Elastic Chief Product Officer to step down
The company states: “On June 18, 2026, Ken Exner, the Company’s Chief Product Officer, notified the Company of his decision to resign from his position as Chief Product Officer. Mr.
Elastic Named a Leader in the IDC MarketScape: Worldwide SIEM 2026
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced that it has been named a Leader in the IDC MarketScape: Worldwide SIEM 2026 Vendor Assessment (Doc# US54126...
Elastic Named a Strong Performer in Extended Detection And Response Platforms, Q2 2026
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced that it has been named a Strong Performer in The Forrester Wave™: Extended Detection And Response Platforms...
Elastic Transcript: Rosenblatt 6th Annual Age of AI Technology Summit
Elastic is leveraging AI to expand its platform from search to observability and security, driving strong financial performance and customer commitment. Recent innovations in metrics and security, along with a flexible deployment model, position Elastic for continued growth, with AI adoption accelerating both for customers and internal operations.
Elastic unveils Kubernetes investigation workflow, MCP-based observability skill
Elastic (ESTC) introduced an agentic Kubernetes investigation workflow and MCP-based observability skills that diagnose incidents the moment an alert fires. By the time an SRE opens the alert, the roo...
Elastic Observability Gives SREs a Head Start on Kubernetes Incident Investigations
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today introduced an agentic Kubernetes investigation workflow and MCP-based observability skills that diagnose incidents th...
Elastic Transcript: Bank of America 2026 Global Technology Conference
Q1 saw 23% revenue growth and margin expansion, prompting a raised full-year guide. The company launched a major restructuring to focus on AI-driven innovation, introduced the Duo Agent Platform with strong early adoption, and is rolling out new pricing and infrastructure to support agentic workloads.
Elastic price target raised to $70 from $60 at BofA
BofA analyst Koji Ikeda raised the firm’s price target on Elastic (ESTC) to $70 from $60 and keeps a Neutral rating on the shares. The firm is more constructive given…
Elastic price target lowered to $58 from $61 at Scotiabank
Scotiabank analyst Patrick Colville lowered the firm’s price target on Elastic (ESTC) to $58 from $61 and keeps a Sector Perform rating on the shares. The firm intends to remain…
Elastic price target lowered to $55 from $60 at TD Cowen
TD Cowen lowered the firm’s price target on Elastic (ESTC) to $55 from $60 and keeps a Hold rating on the shares. The firm noted Cloud revenues missed, while Sales-Led…
Elastic price target lowered to $68 from $76 at Barclays
Barclays analyst Raimo Lenschow lowered the firm’s price target on Elastic (ESTC) to $68 from $76 and keeps an Overweight rating on the shares. The firm updated the company’s model…
Elastic price target lowered to $65 from $74 at Wedbush
Wedbush lowered the firm’s price target on Elastic (ESTC) to $65 from $74 to reflect a lower multiple, while keeping an Outperform rating on the shares. The firm notes the…
Elastic price target lowered to $85 from $95 at UBS
UBS lowered the firm’s price target on Elastic (ESTC) to $85 from $95 and keeps a Buy rating on the shares.
Elastic price target raised to $55 from $50 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Elastic (ESTC) to $55 from $50 and keeps a Neutral rating on the shares. Elastic remains in a “wait-and-see” phase, as investors…
Elastic price target lowered to $75 from $85 at Oppenheimer
Oppenheimer lowered the firm’s price target on Elastic (ESTC) to $75 from $85 and keeps an Outperform rating on the shares. The firm notes Elastic reported Q4 results ahead of…
Elastic price target lowered to $65 from $75 at Stifel
Stifel lowered the firm’s price target on Elastic (ESTC) to $65 from $75 and keeps a Buy rating on the shares following what the firm calls “a fairly lackluster quarter.”…
Elastic price target lowered to $80 from $90 at Canaccord
Canaccord lowered the firm’s price target on Elastic (ESTC) to $80 from $90 and keeps a Buy rating on the shares. The firm said they reported a strong 4Q26, beating…
Elastic price target raised to $104 from $95 at Citi
Citi analyst Tyler Radke raised the firm’s price target on Elastic (ESTC) to $104 from $95 and keeps a Buy rating on the shares. The firm is looking past the…
Elastic price target lowered to $72 from $92 at Baird
Baird lowered the firm’s price target on Elastic (ESTC) to $72 from $92 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results where…
Elastic price target lowered to $75 from $95 at Jefferies
Jefferies lowered the firm’s price target on Elastic (ESTC) to $75 from $95 and keeps a Buy rating on the shares. The company’s fiscal 2027 outlook “puts the AI acceleration…
Elastic Earnings Call Transcript: Q4 2026
Q4 and FY 2026 results exceeded guidance, with strong revenue growth, expanding margins, and accelerating customer commitments driven by AI adoption. FY 2027 guidance calls for continued double-digit growth, margin expansion, and increased free cash flow, supported by robust multi-year deals and platform innovation.
Elastic Earnings release: Q4 2026
Elastic released its Q4 2026 earnings on May 28, 2026, summarizing the period's financial results.
Elastic Slides: Q4 2026
Elastic has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 28, 2026.