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Elastic (ESTC) Stock Price, News & Analysis

Elastic logo
$102.61 +4.40 (+4.48%)
Closing price 03:59 PM Eastern
Extended Trading
$101.75 -0.86 (-0.84%)
As of 07:52 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Elastic Stock (NYSE:ESTC)

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Key Stats

Today's Range
$97.00
▼
$102.68
50-Day Range
$79.18
▼
$102.61
52-Week Range
$42.05
▼
$108.00
Volume
2.11 million shs
Average Volume
1.84 million shs
Market Capitalization
$10.77 billion
P/E Ratio
28.74
Dividend Yield
N/A
Price Target
$98.56
Consensus Rating
Moderate Buy

Company Overview

Elastic N.V. develops search-powered software and services for organizations worldwide. Its technology helps businesses search, analyze and act on structured and unstructured data across applications, websites, infrastructure and security environments. Elastic offers its products through cloud-based and self-managed deployment options.

The company’s core platform, the Elastic Search AI Platform, is built around Elasticsearch and Kibana. Its offerings include Elastic Cloud, a managed cloud service, as well as solutions for enterprise search, observability and security. These tools support functions such as application and infrastructure monitoring, log analysis, threat detection, incident response and generative artificial intelligence applications.

Elastic was founded in 2012 by Shay Banon, Uri Boness and Simon Willnauer and was initially known for developing Elasticsearch and related open-source technologies. The company serves customers across multiple industries and geographic regions through a global direct-sales and partner network. Ashutosh “Ash” Kulkarni serves as Elastic’s chief executive officer.

AI Generated. May Contain Errors.

Elastic Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
60th Percentile Overall Score

ESTC MarketRank™: 
2.987090763905 of 5 stars

Elastic scored higher than 60% of companies evaluated by MarketBeat, and ranked 338th out of 590 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Elastic has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 1 strong buy rating, 17 buy ratings, 12 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Elastic is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Elastic has been the subject of 27 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Elastic's stock forecast and price target.
  • Earnings Growth

    Earnings for Elastic are expected to grow by 56.92% in the coming year, from $0.65 to $1.02 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Elastic is 28.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Elastic is 28.74, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 59.90.

  • Price to Earnings Growth Ratio

    Elastic has a PEG Ratio of 8.25. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Elastic has a P/B Ratio of 8.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Elastic's valuation and earnings.
  • Percentage of Shares Shorted

    5.17% of the float of Elastic has been sold short.
  • Short Interest Ratio / Days to Cover

    Elastic has a short interest ratio ("days to cover") of 2.58, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Elastic has recently increased by 12.27%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Elastic does not currently pay a dividend.

  • Dividend Growth

    Elastic does not have a long track record of dividend growth.

  • News Sentiment

    Elastic has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Elastic this week, compared to 7 articles on an average week.
  • Search Interest

    Only 8 people have searched for ESTC on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Elastic to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Elastic insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $422,851,366.00 in company stock.

  • Percentage Held by Insiders

    12.70% of the stock of Elastic is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    97.03% of the stock of Elastic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Elastic's insider trading history.
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ESTC Stock News Headlines

Elastic NV Signs Multi-Year Partnership With Audi Revolut F1 Team
Here’s the stock symbol I’ve promised
Whitney Tilson of Stansberry Research has long recommended Berkshire Hathaway as a core retirement holding - but now he believes he's found something better. This under-the-radar company sits at the intersection of America's two most important industries, including AI, pays massive dividends, and attracted a famous money manager who put 60% of his multi-billion-dollar fund into it. Tilson is revealing the name and ticker symbol completely free - no credit card or email required.tc pixel
Elastic (NYSE:ESTC) CRO Sells 10,000 Shares of Stock
See More Headlines

ESTC Stock Analysis - Frequently Asked Questions

Elastic's stock was trading at $75.39 at the beginning of 2026. Since then, ESTC stock has increased by 36.1% and is now trading at $102.6130.

Elastic N.V. (NYSE:ESTC) issued its earnings results on Thursday, August, 27th. The company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.12. The company's revenue for the quarter was up 15.2% on a year-over-year basis.
Read the conference call transcript
.

Elastic's board approved a stock buyback plan on Thursday, October 9th 2025, which allows the company to buy back $0 in shares, according to EventVestor. This allows the company to buy shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

Elastic subsidiaries include these companies: Optimyze, CMD, Build.security, Endgame, Perched, Lambda Lab, Swiftype, and others.

Elastic (ESTC) raised $238 million in an initial public offering on Friday, October 5th 2018. The company issued 7,000,000 shares at $33.00-$35.00 per share. Goldman Sachs, J.P. Morgan, Barclays and RBC Capital Markets acted as the underwriters for the IPO and BofA Merrill Lynch, Citigroup, Jefferies and Canaccord Genuity were co-managers.

Top institutional shareholders of Elastic include Robeco Schweiz AG (0.12%), Artemis Investment Management LLP (0.09%), Assenagon Asset Management S.A. (0.08%) and Robeco Institutional Asset Management B.V. (0.07%). Insiders that own company stock include Shay Banon, Steven Schuurman, Ashutosh Kulkarni, Ken Exner, Mark Eugene Dodds, Navam Welihinda, Janesh Moorjani, Carolyn Herzog, Jane E Bone, Paul R Auvil III and Shelley B Leibowitz.
View institutional ownership trends
.

Shares of ESTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Elastic investors own include NVIDIA (NVDA), CrowdStrike (CRWD), Advanced Micro Devices (AMD), Tesla (TSLA), Block (XYZ), Salesforce (CRM) and Trade Desk (TTD).

Company Calendar

Last Earnings
8/27/2026
Today
10/23/2026
Next Earnings (Estimated)
11/19/2026
Fiscal Year End
4/30/2027

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Software
Sub-Industry
Application Software
Current Symbol
NYSE:ESTC
CIK
1707753
Fax
N/A
Employees
4,019
Year Founded
2012

Price Target and Rating

High Price Target
$130.00
Low Price Target
$49.00
Potential Upside/Downside
-4.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
30 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.57
Trailing P/E Ratio
28.74
Forward P/E Ratio
157.87
P/E Growth
8.25
Net Income
$367.77 million
Net Margins
20.84%
Pretax Margin
-1.08%
Return on Equity
-0.35%
Return on Assets
-0.14%

Debt

Debt-to-Equity Ratio
0.44
Current Ratio
1.81
Quick Ratio
1.81

Sales & Book Value

Annual Sales
$1.74 billion
Price / Sales
6.19
Cash Flow
$0.88 per share
Price / Cash Flow
116.29
Book Value
$12.28 per share
Price / Book
8.36

Miscellaneous

Outstanding Shares
104,990,000
Free Float
91,657,000
Market Cap
$10.77 billion
Optionable
Optionable
Beta
1.03

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This page (NYSE:ESTC) was last updated on 10/23/2026 by MarketBeat.com Staff.
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