Elastic N.V. (ESTC)
| Market Cap | 6.47B -31.6% |
| Revenue (ttm) | 1.74B +17.3% |
| Net Income | 367.77M |
| EPS | 3.43 |
| Shares Out | 104.75M |
| PE Ratio | 18.01 |
| Forward PE | 18.95 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,836,137 |
| Open | 64.98 |
| Previous Close | 65.09 |
| Day's Range | 61.65 - 66.30 |
| 52-Week Range | 42.05 - 96.07 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 72.77 (+17.77%) |
| 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 Elastic’s Search AI 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 type... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 30 analysts, the average rating for ESTC stock is "Buy." The 12-month stock price target is $72.77, which is an increase of 17.77% from the latest price.
News
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.
Elastic reports Q4 adjusted EPS 61c, consensus 56c
Reports Q4 revenue $451M, consensus $446.2M. “Elastic (ESTC) delivered a strong finish to the year, beating our guidance across all key metrics,” said Ash Kulkarni, chief executive officer, Elastic. “...
Elastic sees Q1 adjusted EPS 57c-59c, consensus 63c
Sees Q1 revenue $469M-$470M, consensus $469.18M.
Elastic sees FY27 adjusted EPS $3.21-$3.29, consensus $2.84
Sees FY27 revenue $1.985B-$2B, consensus $1.97B.
Elastic Reports Fourth Quarter and Fiscal 2026 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced financial results for its fourth quarter and full fiscal year ended April 30, 2026. Fourth Quarter Fiscal 2026 Fi...
Elastic to Present at Upcoming Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced that its management will present at the following conferences: BofA Securities Global Technology Conference 2026 ...
Elastic to Announce Fourth Quarter and Fiscal 2026 Earnings Results on Thursday, May 28, 2026
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced that it will release its financial results for its fourth quarter and fiscal 2026 ended April 30, 2026, after the...
Elastic Introduces Jina v5 Omni Family: Two Models to Power Text, Image, Video, and Audio Search
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced jina-embeddings-v5-omni, a new family of multimodal embedding models with the ability to represent text, im...
Elastic Jina Embeddings v3 Now Available in Gemini Enterprise Agent Platform Model Garden
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced that Jina Embeddings v3 is now available as a self-deployable partner model in Gemini Enterprise Agent Platform M...