Elastic (ESTC) Expected to Announce Earnings on Thursday

Elastic (NYSE:ESTC - Get Free Report) is expected to be posting its Q4 2025 quarterly earnings results after the market closes on Thursday, May 29th. Analysts expect Elastic to post earnings of $0.37 per share and revenue of $380.61 million for the quarter. Elastic has set its FY 2025 guidance at 1.910-1.960 EPS and its Q4 2025 guidance at 0.360-0.370 EPS.

Elastic (NYSE:ESTC - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.47 by ($0.48). The business had revenue of $382.08 million during the quarter, compared to the consensus estimate of $368.85 million. Elastic had a negative return on equity of 13.20% and a net margin of 4.39%. On average, analysts expect Elastic to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Elastic Stock Performance

NYSE ESTC traded up $0.47 during trading on Tuesday, hitting $92.72. The company's stock had a trading volume of 2,611,298 shares, compared to its average volume of 1,466,726. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.70. The firm has a 50 day moving average price of $86.22 and a 200 day moving average price of $97.71. The firm has a market cap of $9.68 billion, a P/E ratio of 168.58 and a beta of 1.20. Elastic has a 52 week low of $69.00 and a 52 week high of $123.96.

Wall Street Analyst Weigh In

Several brokerages have commented on ESTC. UBS Group lifted their price target on Elastic from $140.00 to $148.00 and gave the stock a "buy" rating in a research report on Friday, February 28th. TD Securities dropped their price target on Elastic from $125.00 to $105.00 and set a "hold" rating on the stock in a research report on Wednesday, May 21st. Barclays dropped their price target on Elastic from $138.00 to $124.00 and set an "overweight" rating on the stock in a research report on Friday, May 16th. Piper Sandler lifted their price target on Elastic from $130.00 to $135.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th. Finally, Wall Street Zen downgraded Elastic from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Nine analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Elastic currently has an average rating of "Moderate Buy" and a consensus target price of $125.96.

Insider Activity at Elastic

In other Elastic news, CRO Mark Eugene Dodds sold 2,755 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $90.77, for a total value of $250,071.35. Following the completion of the sale, the executive now owns 96,484 shares in the company, valued at approximately $8,757,852.68. This trade represents a 2.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Ashutosh Kulkarni sold 18,735 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $90.77, for a total transaction of $1,700,575.95. Following the completion of the sale, the chief executive officer now owns 376,591 shares of the company's stock, valued at $34,183,165.07. The trade was a 4.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 198,304 shares of company stock valued at $20,847,452 in the last 90 days. 15.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Elastic

An institutional investor recently bought a new position in Elastic stock. Focus Partners Wealth bought a new position in shares of Elastic (NYSE:ESTC - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,549 shares of the company's stock, valued at approximately $494,000. Hedge funds and other institutional investors own 97.03% of the company's stock.

Elastic Company Profile

Elastic N.V., a data analytics company, delivers 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 performs search, analysis, and visualization on that data.