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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
$8.93B
Enterprise Value$4.11K
Total Cash (Recent Filing)$1.37B
Total Debt (Recent Filing)$591.56M
Price to Earnings (P/E)24.2
Beta1.57
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
$80.05Price Target Upside30.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering25
EPS Forecast (FY)3.24
Revenue Forecast (FY)$2.00B
Bulls Say, Bears Say
Bulls Say
Recurring Revenue VisibilityStrong CRPO and RPO growth, especially in commitments beyond 12 months, improves visibility into recurring revenue. Sales-led subscriptions grew about 20% in FY2026, while FY27 guidance calls for roughly 17% growth, supporting durable demand.
Margin And Cash Flow ExpansionFY2026 margin and cash generation demonstrate improving operating leverage in Elastic’s subscription model. FY27 guidance targets a 19% operating margin and 21.5% adjusted free cash flow margin, indicating growth can increasingly convert into cash.
AI Adoption And Product DifferentiationAI adoption broadens Elastic’s relevance beyond traditional search and observability. AI-using customer cohorts are expanding about 5% faster than others, while new search, metrics, and agent capabilities can support higher consumption and cross-sell.
Bears Say
Unproven Operating ProfitabilityDespite improved TTM net income, negative EBIT shows that durable operating profitability is not yet fully established. The one-time $435M tax benefit further reduces the usefulness of headline GAAP earnings for assessing ongoing business performance.
Weakness In SMB Cloud CohortFlat SMB and self-serve cloud performance, together with reported cohort churn, limits broad-based cloud expansion. Greater reliance on larger sales-led commitments and consumption trends may make growth less consistent across customer segments.
Restructuring And Leadership TransitionThe workforce reduction and Chief Product Officer transition create execution and continuity risks during an AI-focused strategic realignment. Continued hiring in strategic areas is supportive, but reorganized teams may temporarily affect product delivery and sales execution.
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 $8.93B.
When is Elastic’s upcoming earnings report date?
Elastic’s upcoming earnings report date is Aug 27, 2026 which is in 3 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
Outperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$80.05 (30.71% Upside)
$80.05 (30.71% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 78%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 166.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.5%
Last 30 Days ▼ 5.5%
Last 30 Days ▼ 5.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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
$80.05
▲(30.71% Upside)
Technical Analysis
Ownership Overview
7.93% Insiders
16.06% Mutual Funds
16.09% Other Institutional Investors
38.91% Public Companies and
Individual Investors