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Elastic (ESTC)
NYSE:ESTC
ESTC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$69.00 - $136.06
Previous CloseN/A
Volume256.83K
Average Volume (3M)1.24M
Market Cap
$11.36B
Enterprise Value$7.67B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)198.6
Beta1.57
Next Earnings
Feb 27, 2025EPS Estimate
0.47Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.55
Shares Outstanding103,631,584
10 Day Avg. Volume1,081,177
30 Day Avg. Volume1,239,596
Standard Deviation0.16
R-Squared0.13
Alpha0.00844
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)8.40
Price to Cash Flow (P/CF)75.30
P/FCF Ratio22.20
Enterprise Value/Market Cap0.68
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit8.18
Enterprise Value/Ebitda-136.09
Forecast
1Y Price Target
$131.00Price Target Upside19.51% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceTotal revenue of $365M beat consensus by 3pts, driven by broad-based strength in cloud and other subscription revenue.
Market PositioningElastic's platform is well positioned over the long term, especially in relation to the company's traction with vector search and AI.
Bears Say
Execution RiskGo-to-market execution risk remains a concern for Elastic.
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Ownership Overview
13.97% Insiders
25.25% Mutual Funds
27.40% Other Institutional Investors
20.22% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Elastic
Desktop Users
Mobile Users
ESTC FAQ
What was Elastic’s price range in the past 12 months?
Elastic lowest stock price was $69.00 and its highest was $136.06 in the past 12 months.
What is Elastic’s market cap?
Elastic’s market cap is $11.36B.
When is Elastic’s upcoming earnings report date?
Elastic’s upcoming earnings report date is Feb 27, 2025 which is in 5 days.
How were Elastic’s earnings last quarter?
Elastic released its earnings results on Nov 21, 2024. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.382 by $0.208.
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 0.47.
How many shares outstanding does Elastic have?
Elastic has 103,631,584 shares outstanding.
What happened to Elastic’s price movement after its last earnings report?
Elastic reported an EPS of $0.59 in its last earnings report, beating expectations of $0.382. Following the earnings report the stock price went up 14.767%.
Which hedge fund is a major shareholder of Elastic?
Currently, no hedge funds are holding shares in ESTC
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Elastic Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$131.00 (19.51% Upside)
$131.00 (19.51% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 42.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $301.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.9%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-12.57%
12-Months-Change
Fundamentals
Return on Equity
7.44%
Trailing 12-Months
Asset Growth
26.95%
Trailing 12-Months
Company Description
Elastic
Elastic NV engages in the provision of open source search and analytics engine services. It offers Elastic Stack, which is a set of software products that ingest and store data from any source, in any format, and perform search, analysis, and visualization. The company was founded by Shay Banon, Uri Boness, Steven Schuurman, and Simon Willnauer on February 9, 2012 and is headquartered in Mountain View, CA.
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ESTC Company Deck
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ESTC Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Elastic reported strong Q2 performance with significant revenue growth and increased customer commitments, particularly in cloud and generative AI solutions. However, the company faces some challenges from the Q1 shortfall and currency headwinds, which may affect future growth. Despite these challenges, the overall performance and prospects appear positive.Read More>---
ESTC Stock 12 Month Forecast
Average Price Target
$131.00
▲(19.51% Upside)
Technical Analysis
Best Analysts Covering ESTC
1 Year
1 Year Success Rate
13/17 ratings generated profit
1 Year Average Return
+30.44%
reiterated a buy rating 3 months ago
Copying Raimo Lenschow's trades and holding each position for 1 Year would result in 76.47% of your transactions generating a profit, with an average return of +30.44% per trade.
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