Elastic N.V. (ESTC)
| Market Cap | 6.47B |
| Revenue (ttm) | 919.36M |
| Net Income (ttm) | -238.91M |
| Shares Out | 94.99M |
| EPS (ttm) | -2.20 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,597,100 |
| Open | 68.43 |
| Previous Close | 70.79 |
| Day's Range | 66.98 - 70.10 |
| 52-Week Range | 50.74 - 189.84 |
| Beta | 1.10 |
| Analysts | Buy |
| Price Target | 106.34 (+56.2%) |
| Earnings Date | Aug 25, 2022 |
About ESTC
Elastic N.V., a search company, delivers technology 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 perform search, analysis, and visualization. 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 unstructure... [Read more...]
Financial Performance
In 2022, Elastic's revenue was $862.37 million, an increase of 41.72% compared to the previous year's $608.49 million. Losses were -$203.85 million, 57.5% more than in 2021.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for ESTC stock is "Buy." The 12-month stock price forecast is 106.34, which is an increase of 56.15% from the latest price.
News
Kyndryl and Elastic Announce Expanded Partnership to Enable Data Observability, Search and Insights Across Cloud and ...
NEW YORK & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and Elastic (NYSE: ESTC), the company behind Elasticsearch, today announce...
2 Growth Stocks Down 55% and 94% That Billionaires Keep Buying
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floragunn GmbH, Amazon, and Elastic Issue Joint Statement Regarding Settlement of Search Guard Litigation
MOUNTAIN VIEW, Calif. & SEATTLE & BERLIN--(BUSINESS WIRE)--Elasticsearch, Inc., elasticsearch B.V., floragunn GmbH, Amazon.com, Inc., and Amazon Web Services, Inc. issue the following joint statement: f...
Is Elastic Stock a Top Buy After Beating Financial Expectations?
The enterprise search and security company continues its strong migration to the cloud.
Elastic to Host Financial Analyst Day on September 19, 2022
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, announced that it will host its Financial Analyst Day in San Francisco o...
Elastic to Present in Upcoming Investor Conferences
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, announced that its management will present at the following investor con...
Elastic (ESTC) Reports Q1 Loss, Tops Revenue Estimates
Elastic (ESTC) delivered earnings and revenue surprises of 11.76% and 1.75%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?
Elastic Earnings Beat Wall Street Views, But Outlook Lags
Elastic stock fell after reporting quarterly results that beat Wall Street estimates but presented an earnings forecast below views. The post Elastic Earnings Beat Wall Street Views, But Outlook Lags ap...
Elastic Names Ken Exner Chief Product Officer
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch, today announced the appointment of Ken Exner as chief product officer (CPO) effective August 29, 2022. Exn...
Elastic Reports Strong First Quarter Fiscal 2023 Financial Results
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, announced strong results for its first quarter of fiscal 2023 (ended Jul...
Elastic to Announce First Quarter Fiscal 2023 Earnings Results on Thursday, August 25, 2022
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 first quart...
New Study From Elastic Finds 84% of Online Shoppers Say Personalization Influences Their Purchases
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch, today released a commissioned study conducted by Wakefield Research, an independent research firm, titled ...
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Global Study Reveals Search-Powered Technologies are Driving the Future of Digital Business
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch, today announced a new global study that shows search-powered technology is critical to the success of digi...
Elastic Announces Enhancements to Cross-Cluster Search and Cross-Cluster Replication
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch, today announced enhancements to its cross-cluster search and cross-cluster replication capabilities with i...
Elastic Issues Inaugural ESG Report
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch, has released its inaugural environmental, social, and governance (ESG) report. The report details the ways...
Elastic Appoints Sohaib Abbasi to Board of Directors
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch, today announced that it has appointed Sohaib Abbasi to its Board of Directors. The appointment...
Global Survey of 1,400+ IT Leaders Finds That Elastic Helps Organizations Increase Profitability and Growth
MOUNTAIN VIEW, Calif.,--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch, today released a commissioned study conducted by Socratic Technologies, an independent resear...
3 Best Tech Stocks for Inflation in 2022
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Elastic: A Category Leader in Enterprise Data Search
Elastic NV ( ESTC , Financial) is one of the industry leaders when it comes to software tools and services that center around “search.” The company's portfolio of technology includes Elasticsearch, Kiba...
Elastic Named a Visionary in the 2022 Gartner® Magic Quadrant™ for Application Performance Monitoring and Observability
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch, today announced it has been recognized as a Visionary in the 2022 Gartner Magic Quadrant for A...
Elastic releases Elastic Security for Cloud
Elastic announces the launch of Elastic Security for Cloud, an infrastructure detection and response solution to detect cloud threats.
Elastic Launches Elastic Security for Cloud
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch, today announced the launch of Elastic Security for Cloud featuring new capabilities for cloud ...
Wall Street Analysts Think Elastic (ESTC) Could Surge 70%: Read This Before Placing a Bet
The consensus price target hints at a 70% upside potential for Elastic (ESTC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revi...
Why Elastic N.V. Surged Double Digits Today
A strong earnings report and a beaten-down share price allowed this enterprise software name to spike on Thursday.