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Elastic (ESTC) Stock Price, News & Analysis

Elastic logo
$83.78 +0.30 (+0.36%)
As of 03:39 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Elastic Stock (NYSE:ESTC)

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Key Stats

Today's Range
$82.15
$84.76
50-Day Range
$57.35
$99.75
52-Week Range
$42.05
$108.00
Volume
1.47 million shs
Average Volume
2.17 million shs
Market Capitalization
$8.80 billion
P/E Ratio
23.44
Dividend Yield
N/A
Price Target
$96.52
Consensus Rating
Moderate Buy

Company Overview

Elastic N.V. develops search, observability and security software for organizations that need to find, analyze and act on data. Its core technology, Elasticsearch, is a distributed search and analytics engine that can process structured and unstructured information from applications, websites, logs and other sources.

The company offers its platform through Elastic Cloud, a managed cloud service available across major public-cloud environments, as well as through self-managed deployments. Its products include Elastic Observability for monitoring applications and infrastructure, Elastic Security for threat detection and investigation, and search capabilities that support enterprise applications, websites and generative artificial intelligence solutions.

Elastic was founded in 2012 by Shay Banon, who created Elasticsearch after developing an earlier search project. The company serves customers across a broad range of industries and geographies. Ashutosh Kulkarni has served as Elastic’s chief executive officer since 2022, while Banon remains associated with the company as its founder and chief technology officer.

AI Generated. May Contain Errors.

Elastic Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
95th Percentile Overall Score

ESTC MarketRank™: 

Elastic scored higher than 95% of companies evaluated by MarketBeat, and ranked 69th out of 596 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 2.59, and is based on 1 strong buy rating, 15 buy ratings, 13 hold ratings, and no sell ratings.

  • Upside Potential

    Elastic has a consensus price target of $96.52, representing about 15.8% upside from its current price of $83.32.

  • Amount of Analyst Coverage

    Elastic has been the subject of 25 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 76.79% in the coming year, from $0.56 to $0.99 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Elastic is 23.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.09.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Elastic is 23.35, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 75.94.

  • Price to Earnings Growth Ratio

    Elastic has a PEG Ratio of 8.39. 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 6.75. 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

    4.22% 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 1.06, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Elastic has recently decreased by 38.97%, indicating that investor sentiment is improving 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 0.62. 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 lower news sentiment than the 0.83 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 28 news articles for Elastic this week, compared to 8 articles on an average week.
  • Search Interest

    11 people have searched for ESTC on MarketBeat in the last 30 days. This is an increase of 120% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Elastic to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 $77,267,046.00 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 (NYSE:ESTC) CAO Jane Bone Sells 1,542 Shares
ALERT: Drop these 5 stocks before the market opens tomorrow!
The Wall Street Journal is already raising the alarm about a potential market crash, and Weiss Ratings research points to the first half of 2026 as a particularly rough stretch for certain holdings. Some of America's most popular stocks could take serious damage as a radical market shift plays out. Analysts at Weiss Ratings have identified five names you may want to remove from your portfolio before this unfolds. If any of these are in your portfolio, now is the time to review your positions.tc pixel
Why Is Elastic's Superscore Not Higher?
Nvidia logo and graphics card displayed in front of illuminated server racks in a data center.
Insider Sales Eclipse $450M Across 3 AI Winners, With NVIDIA Leading the Pack (ESTC)
NVIDIA, Caterpillar, and Elastic insiders sold over $450 million in shares combined after strong rallies, led by NVIDIA's Mark Stevens, Caterpillar's CEO Joseph Creed, and Elastic's Shay Banon.
Elastic (NYSE:ESTC) CTO Shay Banon Sells 80,583 Shares
Elastic (NYSE:ESTC) CTO Shay Banon Sells 80,583 Shares of Stock
Desk with a monitor showing an upward stock price chart, printed financial reports, and a bronze bull statue.
3 Earnings Season Winners That Analysts Can't Stop Upgrading
Elastic, John Deere, and Dynatrace all posted strong earnings and drew a wave of analyst rating upgrades and price target increases, with shares of each stock rallying in response.
See More Headlines

ESTC Stock Analysis - Frequently Asked Questions

Elastic's stock was trading at $75.39 on January 1st, 2026. Since then, ESTC stock has increased by 10.5% and is now trading at $83.3190.

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

Elastic's board authorized a stock buyback plan on Thursday, October 9th 2025, which permits the company to repurchase $0 in shares, according to EventVestor. This permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign 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 (IPO) on Friday, October 5th 2018. The company issued 7,000,000 shares at a price of $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.

Elastic's top institutional investors include California State Teachers Retirement System (5.21%), Assenagon Asset Management S.A. (0.87%), Wellington Management Group LLP (0.71%) and Engineers Gate Manager LP (0.12%). Insiders that own company stock include Steven Schuurman, Shay Banon, Ashutosh Kulkarni, Ken Exner, Mark Eugene Dodds, Navam Welihinda, Janesh Moorjani, Carolyn Herzog, Jane E Bone, Paul R Auvil III, Jonathan Chadwick 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), Meta Platforms (META), CrowdStrike (CRWD), Broadcom (AVGO), Advanced Micro Devices (AMD), Invesco QQQ (QQQ) and Adobe (ADBE).

Company Calendar

Last Earnings
8/27/2026
Today
9/11/2026
Status update
9/22/2026
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
+15.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.59
Research Coverage
29 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.57
Trailing P/E Ratio
23.35
Forward P/E Ratio
148.99
P/E Growth
8.39
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
5.04
Cash Flow
$0.81 per share
Price / Cash Flow
102.52
Book Value
$12.35 per share
Price / Book
6.76

Miscellaneous

Outstanding Shares
104,990,000
Free Float
91,657,000
Market Cap
$8.76 billion
Optionable
Optionable
Beta
1.03

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This page (NYSE:ESTC) was last updated on 9/11/2026 by MarketBeat.com Staff.
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