Elastic N.V. (ESTC)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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...

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...

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...

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...

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...

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...

3 Growing Tech Stocks To Put On Your M&A Watchlist
Cisco NASDAQ: CSCO surprised the market when it reiterated an intention to buy Splunk NASDAQ: SPLK. While some analysts wonder why the deal was proposed, others look to see which stocks are up next fo...

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...

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...

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...

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...

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 ...

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 ...

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...

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...

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...

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...

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...

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...

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...

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...

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...