Elastic N.V. (ESTC)
NYSE:ESTC
Want to see ESTC full AI Analyst Report?
ESTC Stock Chart & Stats
$47.56
-$1.00(-1.01%)
At close: 4:00 PM EST
$47.56
-$1.00(-1.01%)
Day’s Range― - ―
52-Week Range$42.05 - $96.07
Previous CloseN/A
Volume256.83K
Average Volume (3M)2.36M
Market Cap
$6.13B
Enterprise Value$5.91B
Total Cash (Recent Filing)$1.37B
Total Debt (Recent Filing)$591.56M
Price to Earnings (P/E)16.7
Beta1.52
Next Earnings
Aug 27, 2026EPS Estimate
0.59Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.54
Shares Outstanding103,951,630
10 Day Avg. Volume1,901,271
30 Day Avg. Volume2,361,974
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)3.83
Price to Sales (P/S)2.81
P/FCF Ratio15.20
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue3.40
Enterprise Value/Gross Profit4.47
Enterprise Value/Ebitda81.90
Forecast
1Y Price Target
$73.59Price Target Upside54.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
EPS Forecast (FY)3.24
Revenue Forecast (FY)$1.99B
Bulls Say, Bears Say
Bulls Say
Cash GenerationElastic's operating cash flow and free cash flow have strengthened materially and now track reported earnings, supporting reinvestment, buybacks and debt reduction. Durable FCF improves financial flexibility, funds cloud scale investments, and lowers financing risk over a multi‑quarter horizon.
Backlog And Multi‑year CommitmentsStrong CRPO/RPO growth, including a 43% rise in non‑current RPO, signals expanding multi‑year customer commitments and backlog that should convert to revenue over 12+ months. This provides durable revenue visibility, supports steadier top‑line growth and reduces short‑term quarter‑to‑quarter volatility.
AI Adoption & Product DifferentiationBroadening AI usage and new features (embeddings, serverless search, faster metrics) strengthen Elastic's technical differentiation. Higher AI-driven consumption among larger ACV customers supports stickiness, upsell and cloud usage growth—durable drivers of revenue expansion and margin leverage.
Bears Say
Execution Risk From Sales RampManagement's growth plan is back‑half weighted and depends on ramping sales capacity and securing large deals. If hiring, ramp or deal cadence lags, revenue and margin targets for the year could slip. This execution sensitivity is a durable operational risk over multiple quarters.
Flattish SMB Cloud Cohort / ChurnSlow growth and churn in the self‑serve SMB cloud cohort limit a scalable, predictable consumption base. Persistent weakness here could cap organic cloud expansion, force higher sales spend to drive enterprise deals, and reduce the margin upside from more efficient consumption economics.
Operating Profitability ConsistencyWhile TTM net income improved, Elastic's operating profitability has been inconsistent and recent GAAP comparability is clouded by one‑offs. Sustaining non‑GAAP margin targets requires continued execution; historical operating losses underscore ongoing risk to reliably achieving operating leverage.
Elastic News
ESTC FAQ
What was Elastic N.V.’s price range in the past 12 months?
Elastic N.V. lowest stock price was $42.05 and its highest was $96.06 in the past 12 months.
What is Elastic N.V.’s market cap?
Elastic N.V.’s market cap is $6.13B.
When is Elastic N.V.’s upcoming earnings report date?
Elastic N.V.’s upcoming earnings report date is Aug 27, 2026 which is in 67 days.
How were Elastic N.V.’s earnings last quarter?
Elastic N.V. released its earnings results on May 28, 2026. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.561 by $0.049.
Is Elastic N.V. overvalued?
According to Wall Street analysts Elastic N.V.’s price is currently Undervalued.
Does Elastic N.V. pay dividends?
Elastic N.V. does not currently pay dividends.
What is Elastic N.V.’s EPS estimate?
Elastic N.V.’s EPS estimate is 0.59.
How many shares outstanding does Elastic N.V. have?
Elastic N.V. has 103,951,630 shares outstanding.
What happened to Elastic N.V.’s price movement after its last earnings report?
Elastic N.V. reported an EPS of $0.61 in its last earnings report, beating expectations of $0.561. Following the earnings report the stock price went up 12.307%.
Which hedge fund is a major shareholder of Elastic N.V.?
Currently, no hedge funds are holding shares in ESTC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Elastic Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$73.59 (54.73% Upside)
$73.59 (54.73% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days <0.1%
Last 30 Days ▲ 4.5%
Last 30 Days ▲ 4.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.31%
12-Months-Change
Fundamentals
Return on Equity
37.43%
Trailing 12-Months
Asset Growth
21.59%
Trailing 12-Months
Company Description
Elastic N.V.
Elastic N.V., a company specializing in search technologies, furnishes advanced solutions engineered to operate across public, private, and multi-cloud environments. Its flagship offering is the Elastic Stack, a comprehensive software suite designed to acquire, store, search, analyze, and visually present data from a multitude of sources and formats. The Elastic Stack incorporates several core components: Elasticsearch: A powerful, distributed engine for real-time search and analytics, which also functions as a flexible data store for various types of information, including text, numerical values, geospatial coordinates, and both structured and unstructured datasets. Kibana: Serving as the intuitive user interface, management console, and configuration hub for the entire Elastic Stack. Beats: Lightweight, single-purpose data shippers designed to forward data from edge devices to either Elasticsearch or Logstash. Elastic Agent: Provides integrated host security and centralized management capabilities. Logstash: An adaptable data processing pipeline created for ingesting data into Elasticsearch or other compatible storage systems. Furthermore, Elastic delivers specialized software solutions leveraging the Elastic Stack to address specific use cases such, application search, internal workplace search, comprehensive logging, performance metrics collection, application performance management (APM), and proactive synthetic monitoring. The company's broader platform solutions introduce additional functionalities, enabling users to maximize the combined benefits of the Elastic Stack. Established in 2012, Elastic N.V. is headquartered in Mountain View, California.
ESTC Company Deck
ESTC Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveys a predominantly positive operational and strategic picture: strong backlog (CRPO/RPO) acceleration, steady revenue and subscription growth, margin expansion, robust adjusted free cash flow, large customer wins, and notable AI product traction and adoption. Near‑term variability is acknowledged — driven by a shift toward cloud commitments that delay some revenue recognition, a flattish monthly SMB cloud cohort, reliance on ramped sales execution for back‑half acceleration, and a one‑time GAAP tax benefit that clouds GAAP comparability. Overall, strengths in AI positioning, product differentiation, and improving unit economics outweigh the short‑term timing and mix headwinds.View all ESTC earnings summariesESTC Stock 12 Month Forecast
Average Price Target
$73.59
▲(54.73% Upside)
Technical Analysis
Ownership Overview
7.93% Insiders
16.14% Mutual Funds
19.66% Other Institutional Investors
36.13% Public Companies and
Individual Investors