Elastic N.V. (ESTC)

NYSE: ESTC · IEX Real-Time Price · USD
80.36
+0.72 (0.90%)
At close: Nov 30, 2023, 4:04 PM
93.98
+13.62 (16.95%)
After-hours: Nov 30, 2023, 7:59 PM EST
0.90%
Market Cap 7.91B
Revenue (ttm) 1.16B
Net Income (ttm) -192.61M
Shares Out 98.42M
EPS (ttm) -1.74
PE Ratio n/a
Forward PE 85.17
Dividend n/a
Ex-Dividend Date n/a
Volume 2,233,100
Open 80.79
Previous Close 79.64
Day's Range 79.22 - 81.66
52-Week Range 46.18 - 84.04
Beta 0.88
Analysts Buy
Price Target 81.61 (+1.56%)
Earnings Date Nov 30, 2023

About ESTC

Elastic N.V., a data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments. 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 distributed, real-time search and analytics engine, and data store for various types of data, including textual, numerical, geospatial, structured, and ... [Read more]

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

Financial Performance

In 2023, Elastic's revenue was $1.07 billion, an increase of 23.96% compared to the previous year's $862.37 million. Losses were -$236.16 million, 15.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for ESTC stock is "Buy." The 12-month stock price forecast is $81.61, which is an increase of 1.56% from the latest price.

Price Target
$81.61
(1.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Elastic Completes Acquisition of Opster

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced it has completed the acquisition of Opster, the creators of AutoOps and other tools...

7 hours ago - Business Wire

Elastic Reports Second Quarter Fiscal 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its second quarter of fiscal 2024 ended October 31, 2023. Second Qu...

7 hours 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 Barclays Global Technology Conference on Thursday...

8 days ago - Business Wire

Elastic to Announce Second Quarter Fiscal 2024 Earnings Results on Thursday, November 30, 2023

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

14 days ago - Business Wire

Elastic Announces Intent to Acquire Opster

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced an agreement to acquire Opster, the creators of AutoOps, a powerful platform that p...

15 days ago - Business Wire

Elastic Unveils Dedicated Query Language to Simplify Data Investigation

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced Elasticsearch Query Language (ES|QL), its new piped query language designed to tra...

23 days ago - Business Wire

Elastic Global Threat Report 2023 Reveals Dominance of Ransomware

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced its second Elastic Global Threat Report, issued by Elastic Security Labs. Based on...

6 weeks ago - Business Wire

Elastic Appoints Abhishek Singh as General Manager for Observability

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Abhishek Singh as general manager for Observability. Singh will...

7 weeks ago - Business Wire

Paul Auvil Elected to Elastic's Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced that its shareholders elected Paul Auvil to its board of directors at the 2023 ann...

2 months ago - Business Wire

3 Growing Tech Stocks To Put On Your M&A Watchlist

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Other symbols: AYXBRZE
2 months ago - MarketBeat

Elastic Announces AI Assistant for Observability and General Availability of Universal Profiling

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the launch of Elastic AI Assistant for Observability and general availability of U...

2 months ago - Business Wire

Elastic Reports First Quarter Fiscal 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its first quarter of fiscal 2024 ended July 31, 2023. First Quarter...

3 months ago - Business Wire

Elastic Wins Google Cloud Global Technology Partner of the Year Award

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced that it has received the 2023 Google Cloud Global Technology Partner of the Year Aw...

3 months ago - Business Wire

Elastic to Announce First Quarter Fiscal 2024 Earnings Results on Thursday, August 31, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that it will release its financial results for its first quarter fiscal 2024 ended July 3...

3 months ago - Business Wire

Ascend.io Continues Global Expansion With New Sales and Customer Success Hires in APAC Region

Ascend grows regional presence to better serve growing data management needs MENLO PARK, Calif. , July 26, 2023 /PRNewswire/ -- Ascend.io , the leader in data pipeline automation, today announced the ...

4 months ago - PRNewsWire

Elastic Names Joanna Daly Chief Human Resources Officer

SAN FRANCISCO--(BUSINESS WIRE)--Elastic ® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced the appointment of Joanna Daly as chief human resources officer (CHRO) effective ...

4 months ago - Business Wire

Elastic Named a Visionary in the 2023 Gartner® Magic Quadrant™ for Application Performance Monitoring and Observability

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced it has been recognized as a Visionary in the 2023 Gartner Magic Quadrant for Appli...

5 months ago - Business Wire

Elastic recognized as the winner of the 2023 Microsoft Commercial Marketplace and U.S. Business Transformation, Commercial Marketplace Partner of the Year

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced it has won two 2023 Microsoft Partner of the Year Awards for Commercial Marketplac...

5 months ago - Business Wire

Elastic Releases Second Annual Sustainability Report

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, has released its second annual Sustainability Report, highlighting its progress in 2022 and commit...

5 months ago - Business Wire

Elastic Nominates Paul Auvil to Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced that it has nominated Paul Auvil to its Board of Directors. The appointment comes a...

5 months ago - Business Wire

Total Economic Impact™ Study Reveals 293% Three-Year ROI for Organizations Using Elasticsearch for Search Applications

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today released a commissioned study conducted by Forrester Consulting on behalf of Elastic®, The To...

6 months ago - Business Wire

Elastic Reports Fourth Quarter and Fiscal 2023 Financial Results

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, announced financial results for its fourth quarter and full fiscal yea...

6 months ago - Business Wire

Elastic to Present in Upcoming Investor Conferences

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that its management will present at the following investor conferences: Bank of A...

6 months ago - Business Wire

Elastic Unveils the Elasticsearch Relevance Engine for Artificial Intelligence

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced the launch of the Elasticsearch Relevance Engine™ (ESRE™), powered by buil...

6 months ago - Business Wire

Elastic to Announce Fourth Quarter and Fiscal 2023 Earnings Results on Thursday, June 1, 2023

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, announced that it will release its financial results for its fourth qu...

7 months ago - Business Wire