Elastic (ESTC)
NYSE:ESTC
ESTC Stock Chart & Stats
$45.59
-$1.00(-1.01%)
At close: 4:00 PM EST
$45.59
-$1.00(-1.01%)
Day’s Range― - ―
52-Week Range$42.05 - $96.07
Previous CloseN/A
Volume256.83K
Average Volume (3M)2.10M
Market Cap
$4.72B
Enterprise Value$4.55B
Total Cash (Recent Filing)$1.25B
Total Debt (Recent Filing)$591.68M
Price to Earnings (P/E)224.7
Beta1.43
Next Earnings
May 28, 2026EPS Estimate
0.56Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.73
Shares Outstanding103,501,010
10 Day Avg. Volume1,556,339
30 Day Avg. Volume2,098,332
Financial Highlights & Ratios
PEG Ratio0.31
Price to Book (P/B)9.64
Price to Sales (P/S)6.02
P/FCF Ratio34.13
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue2.71
Enterprise Value/Gross Profit3.57
Enterprise Value/Ebitda59.95
Forecast
1Y Price Target
$84.37Price Target Upside85.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
EPS Forecast (FY)2.52
Revenue Forecast (FY)$1.73B
Bulls Say, Bears Say
Bulls Say
AI Product DemandAnalyst highlights strong positioning across enterprise search, observability, and security analytics, with growing AI workloads driving demand for semantic search, vector retrieval, and relevance tools that could expand revenue opportunities.
Cloud Mix And Operating LeverageAnalyst emphasizes a shift toward managed cloud deployments and Elastic Cloud, which can enable operating leverage and improved free cash flow as subscription revenue scales.
Sales Execution And PipelineAnalyst points to durable sales execution, large-deal momentum, and a strengthened contracted backlog as factors that improve revenue visibility and support upside to guidance.
Bears Say
Cloud Revenue DecelerationAnalyst warns cloud revenue mix shows signs of deceleration with heavier-than-expected contribution from self-managed deployments, which could complicate a transition to a cloud-first model.
Competition And Valuation ConstraintsAnalyst signals meaningful competition from larger observability vendors and OpenSearch, and suggests the existing valuation discount may keep the stock range-bound without more consistent cloud growth.
Guidance And Visibility RiskAnalyst notes management guidance implying sequential declines in key revenue metrics and cautions that below-expectations outlook could prompt investor concern and weigh on the stock.
Elastic News
ESTC FAQ
What was Elastic’s price range in the past 12 months?
Elastic lowest stock price was $42.05 and its highest was $96.06 in the past 12 months.
What is Elastic’s market cap?
Elastic’s market cap is $4.72B.
When is Elastic’s upcoming earnings report date?
Elastic’s upcoming earnings report date is May 28, 2026 which is in 42 days.
How were Elastic’s earnings last quarter?
Elastic released its earnings results on Feb 26, 2026. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.646 by $0.084.
Is Elastic overvalued?
According to Wall Street analysts Elastic’s price is currently Undervalued.
Does Elastic pay dividends?
Elastic does not currently pay dividends.
What is Elastic’s EPS estimate?
Elastic’s EPS estimate is 0.56.
How many shares outstanding does Elastic have?
Elastic has 103,501,010 shares outstanding.
What happened to Elastic’s price movement after its last earnings report?
Elastic reported an EPS of $0.73 in its last earnings report, beating expectations of $0.646. Following the earnings report the stock price went down -15.443%.
Which hedge fund is a major shareholder of Elastic?
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
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Analyst Consensus
Moderate Buy
Average Price Target:
$84.37 (85.06% Upside)
$84.37 (85.06% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 87%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 784.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-42.89%
12-Months-Change
Fundamentals
Return on Equity
-9.44%
Trailing 12-Months
Asset Growth
4.65%
Trailing 12-Months
Company Description
Elastic
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 unstructured; Kibana, a user interface, management, and configuration interface for the Elastic Stack; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; Elastic Agent that offers integrated host protection and central management services; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems. It also provides software solutions on the Elastic Stack that address cases, including app search, workplace search, logging, metrics, application performance management, and synthetic monitoring. The company's platform solutions provide new capabilities that helps users to combine the benefits of the Elastic Stack. The company was incorporated in 2012 and is headquartered in Mountain View, California.
ESTC Company Deck
ESTC Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong execution: Elastic beat guidance, accelerated sales‑led subscription growth (21% YoY), crossed a $1B CRPO milestone, expanded AI customer penetration (2,700+ vector DB Cloud users, >3,000 total AI customers), delivered product milestones (Agent Builder GA, Jina rerankers, Cloud Connect) and maintained healthy margins (Q3 non‑GAAP operating margin 18.6%). Management raised full‑year revenue and sales‑led subscription guidance while prudently guiding Q4 due to a shorter quarter and seasonal cost timing. Near‑term concerns include a guided sequential pullback in sales‑led subscription for Q4, expected margin compression into Q4 (~14.5%), and CRPO growth that is robust but still in mid‑teens vs. the 20%+ inflection some expect. Overall, positive commercial momentum, AI adoption and product differentiation outweigh the limited near‑term seasonality and guidance conservatism.View all ESTC earnings summariesESTC Stock 12 Month Forecast
Average Price Target
$84.37
▲(85.06% Upside)
Technical Analysis
Ownership Overview
7.28% Insiders
16.58% Mutual Funds
22.78% Other Institutional Investors
37.00% Public Companies and
Individual Investors