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ESTC Stock Chart & Stats
$61.24
$2.56(4.36%)
At close: 4:00 PM EDT
$61.24
$2.56(4.36%)
Day’s Range― - ―
52-Week Range$42.05 - $96.07
Previous CloseN/A
Volume1.40M
Average Volume (3M)1.77M
Market Cap
$6.68B
Enterprise Value$4.11K
Total Cash (Recent Filing)$1.37B
Total Debt (Recent Filing)$591.56M
Price to Earnings (P/E)18.6
Beta1.52
Next Earnings
Aug 27, 2026EPS Estimate
0.58Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.54
Shares Outstanding103,951,630
10 Day Avg. Volume1,615,699
30 Day Avg. Volume1,768,687
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$74.10Price Target Upside20.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering26
EPS Forecast (FY)3.24
Revenue Forecast (FY)$2.00B
Bulls Say, Bears Say
Bulls Say
Cash Generation And FCF ConversionElastic's adjusted free cash flow margin near 20% and improving operating margins indicate durable internal funding for investments, share repurchases, and debt reduction. Strong FCF conversion reduces capital dependence and supports strategic optionality over the next several quarters.
Strengthened Balance SheetMaterial debt reduction and a stronger equity base lower financial risk and increase flexibility to invest in product, M&A, or return capital. Low leverage enhances resilience through economic cycles and underpins sustainable financing of cloud growth initiatives.
AI Product Traction And Large-customer AdoptionMeaningful AI adoption across large ACV customers and faster-growing AI cohorts signal structural product-market fit in high-value workloads. This expands addressable spend per customer and supports longer-term consumption growth and upsell durability into observability and security suites.
Bears Say
Operating Profitability InconsistencyWhile net income has improved, operating profitability remains uneven and historical losses show margin durability risk. Continued reliance on non-GAAP adjustments and one-off items could mask true operating leverage, making sustainable EBIT expansion a critical near-term watch item.
Restructuring And Leadership ChangeWorkforce reduction and the CPO resignation introduce execution and talent risks during a strategic pivot to AI. Reorgs can accelerate focus but may disrupt product roadmaps, slow feature delivery or impact morale, increasing short-to-medium term execution risk on strategic initiatives.
Execution And Revenue Timing RiskGrowth acceleration depends on successful sales ramp and consumption conversion; cloud commitment mix also shifts recognition timing. This makes near-to-medium term revenue realization lumpy and sensitive to hiring effectiveness, large-deal cadence, and customer consumption behavior.
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 $6.68B.
When is Elastic’s upcoming earnings report date?
Elastic’s upcoming earnings report date is Aug 27, 2026 which is in 25 days.
How were Elastic’s earnings last quarter?
Elastic released its earnings results on May 28, 2026. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.563 by $0.047.
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 0.58.
How many shares outstanding does Elastic have?
Elastic has 103,951,630 shares outstanding.
What happened to Elastic’s price movement after its last earnings report?
Elastic reported an EPS of $0.61 in its last earnings report, beating expectations of $0.563. Following the earnings report the stock price went up 12.307%.
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
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$74.10 (20.99% Upside)
$74.10 (20.99% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 87%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.85%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
21.59%
Trailing 12-Months
Company Description
Elastic
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
$74.10
▲(20.99% Upside)
Technical Analysis
Ownership Overview
7.93% Insiders
16.06% Mutual Funds
1.29% Other Institutional Investors
53.75% Public Companies and
Individual Investors