Elastic N.V. (ESTC)

NYSE: ESTC · IEX Real-Time Price · USD
68.10
-2.69 (-3.80%)
At close: Sep 23, 2022 4:00 PM
68.71
+0.61 (0.90%)
After-hours: Sep 23, 2022 7:09 PM EDT
-3.80%
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...]

Industry Software
IPO Date Oct 5, 2018
CEO Ashutosh Kulkarni
Employees 3,056
Stock Exchange NYSE
Ticker Symbol ESTC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$106.34
(56.15% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

Other symbols: KD
2 days ago - Business Wire

2 Growth Stocks Down 55% and 94% That Billionaires Keep Buying

Several hedge fund managers doubled down on these growth stocks in the second quarter.

Other symbols: UPST
1 week ago - The Motley Fool

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...

2 weeks ago - Business Wire

Is Elastic Stock a Top Buy After Beating Financial Expectations?

The enterprise search and security company continues its strong migration to the cloud.

2 weeks ago - The Motley Fool

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...

2 weeks ago - Business Wire

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...

3 weeks ago - Business Wire

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?

4 weeks ago - Zacks Investment Research

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...

4 weeks ago - Investors Business Daily

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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...

1 month ago - Business Wire

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 ...

1 month ago - Business Wire

2 Growth Stocks That Could Turn $2,000 into $10,000 by 2030

These growth stocks could help patient investors turn a tidy profit by the end of the decade.

Other symbols: ROKU
1 month ago - The Motley Fool

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 months ago - Business Wire

3 Best Tech Stocks for Inflation in 2022

Inflation is crushing everyone, from consumers to businesses. But these three tech stocks are bucking the trend and avoiding the pain.

Other symbols: CRMPANW
3 months ago - InvestorPlace

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...

3 months ago - GuruFocus

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...

3 months ago - Business Wire

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.

3 months ago - VentureBeat

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 ...

3 months ago - Business Wire

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...

3 months ago - Zacks Investment Research

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.

3 months ago - The Motley Fool