Elastic N.V. (ESTC)

NYSE: ESTC · IEX Real-Time Price · USD
98.36
+2.17 (2.26%)
At close: Apr 22, 2024, 4:00 PM
98.29
-0.07 (-0.07%)
After-hours: Apr 22, 2024, 7:19 PM EDT
2.26%
Market Cap 9.92B
Revenue (ttm) 1.21B
Net Income (ttm) 56.09M
Shares Out 100.81M
EPS (ttm) 0.46
PE Ratio 213.83
Forward PE 91.00
Dividend n/a
Ex-Dividend Date n/a
Volume 1,125,658
Open 97.01
Previous Close 96.19
Day's Range 94.61 - 98.43
52-Week Range 54.06 - 136.06
Beta 0.94
Analysts Buy
Price Target 108.30 (+10.11%)
Earnings Date May 30, 2024

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 22 analysts, the average rating for ESTC stock is "Buy." The 12-month stock price forecast is $108.3, which is an increase of 10.11% from the latest price.

Price Target
$108.3
(10.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Elasticsearch Open Inference API Supports Cohere Rerank 3

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced the Elasticsearch open inference API supports Cohere's Rerank 3 model. As the first vector data...

11 days ago - Business Wire

Elastic Adds Support for Cohere High-Performance Embeddings

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced the Elasticsearch open Inference API now supports Cohere's text embedding models. This includes...

19 days ago - Business Wire

Elastic Announces 2023 Elastic Excellence Awards Winners

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced the winners and honorees of its Elastic Excellence Awards. The awards celebrate or...

26 days ago - Business Wire

New Research from Elastic Finds Conversational Search Could Yield Staggering Productivity Returns

SAN FRANCISCO--(BUSINESS WIRE)--New research by Elastic (NYSE: ESTC), the company behind Elasticsearch®, found nearly all (99%) global IT decision makers, regardless of region or industry, recognize g...

27 days ago - Business Wire

Elastic (ESTC) CEO On 3Q Earnings

Elastic's (ESTC) 3Q adjusted EPS came in at $0.36 versus an estimated $0.31 and revenue came in at $328.00M versus an estimated $320.48M. CEO Ash Kulkarni joins Nicole Petallides to give an overview o...

7 weeks ago - Schwab Network

Elastic Reports Third Quarter Fiscal 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its third quarter of fiscal 2024 ended January 31, 2024. Third Quar...

7 weeks 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 Morgan Stanley Technology, Media & Telecom Confer...

2 months ago - Business Wire

Elastic to Announce Third Quarter Fiscal 2024 Earnings Results on Thursday, February 29, 2024

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

2 months ago - Business Wire

Elastic CEO on cloud demand, cybersecurity trends, and artificial intelligence

Elastic CEO Ashutosh Kulkarni discusses how his company is using AI for the cloud and cybersecurity markets.

3 months ago - CNBC Television

Elastic Names Mark Dodds Chief Revenue Officer

SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced the appointment of Mark Dodds as chief revenue officer, effective immediately. Rep...

4 months ago - Business Wire

Elastic Stock Soars on Higher Guidance. AI Is Key for Success.

Shares were up more than 20% in early trading Friday.

5 months ago - Barrons

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...

5 months 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...

5 months 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...

5 months 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...

5 months 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...

5 months 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 months 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...

6 months 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...

7 months ago - Business Wire

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...

7 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...

8 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...

8 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...

8 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 ...

9 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 ...

9 months ago - Business Wire