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Elastic (ESTC) Stock Price, News & Analysis

+1.64 (+1.36%)
(As of 10:57 AM ET)
Today's Range
50-Day Range
52-Week Range
341,213 shs
Average Volume
1.31 million shs
Market Capitalization
$12.43 billion
P/E Ratio
Dividend Yield
Price Target

Elastic MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
2.9% Downside
$118.05 Price Target
Short Interest
5.35% of Float Sold Short
Dividend Strength
News Sentiment
1.27mentions of Elastic in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$38.63 M Sold Last Quarter
Proj. Earnings Growth
From ($1.12) to ($0.91) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.67 out of 5 stars

Business Services Sector

213th out of 297 stocks

Prepackaged Software Industry

153rd out of 192 stocks

ESTC stock logo

About Elastic Stock (NYSE:ESTC)

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. The company's Elastic Stack product portfolio comprises Elasticsearch, a distributed, real-time search and analytics engine, and data store for various types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the Elastic Stack; Elastic Agent that offers integrated host protection and central management services; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems from a multitude of sources simultaneously. It also provides software solutions on the Elastic Stack that address cases, including search applications, workplace search, logs, metrics, application performance monitoring, synthetic monitoring, security information and event management (SIEM), endpoint security, extended detection and response, and cloud security. The company was incorporated in 2012 and is based in Amsterdam, the Netherlands.

ESTC Stock Price History

ESTC Stock News Headlines

Elastic (NYSE:ESTC) CEO Sells $1,061,880.32 in Stock
3 Dirt-Cheap Stocks You Can’t Afford to Ignore
Often, investors will overlook stocks just because they're cheap. It's a common thought that a cheap price tag means that something must be wrong with the company. But this couldn't be further from the case in many instances.
Elastic (NYSE:ESTC) CRO Sells $250,681.90 in Stock
Reviewing Elastic (NYSE:ESTC) and Leafly (NASDAQ:LFLY)
3 Dirt-Cheap Stocks You Can’t Afford to Ignore
Often, investors will overlook stocks just because they're cheap. It's a common thought that a cheap price tag means that something must be wrong with the company. But this couldn't be further from the case in many instances.
Elastic Releases Third Annual Sustainability Report
Elastic: Generative AI Opportunity Awaits
Elastic: No AI Tailwinds Yet
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Prepackaged software
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
21 Analysts


Net Income
$61.72 million
Pretax Margin


Sales & Book Value

Annual Sales
$1.27 billion
Book Value
$7.32 per share


Free Float
Market Cap
$12.27 billion

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ESTC Stock Analysis - Frequently Asked Questions

How have ESTC shares performed this year?

Elastic's stock was trading at $112.70 at the beginning of 2024. Since then, ESTC shares have increased by 7.9% and is now trading at $121.61.
View the best growth stocks for 2024 here

How were Elastic's earnings last quarter?

Elastic (NYSE:ESTC) issued its earnings results on Thursday, May, 30th. The company reported ($0.39) earnings per share for the quarter, missing analysts' consensus estimates of ($0.36) by $0.03. The firm earned $335 million during the quarter, compared to the consensus estimate of $329.15 million. Elastic had a net margin of 4.87% and a negative trailing twelve-month return on equity of 20.83%.

What is Shay Banon's approval rating as Elastic's CEO?

81 employees have rated Elastic Chief Executive Officer Shay Banon on Shay Banon has an approval rating of 93% among the company's employees. This puts Shay Banon in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does Elastic have any subsidiaries?

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

When did Elastic IPO?

Elastic (ESTC) raised $192 million in an initial public offering on Friday, October 5th 2018. The company issued 7,000,000 shares at $26.00-$29.00 per share. Goldman Sachs, J.P. Morgan, Barclays and RBC Capital Markets served as the underwriters for the IPO and BofA Merrill Lynch, Citigroup, Jefferies and Canaccord Genuity were co-managers.

Who are Elastic's major shareholders?

Elastic's top institutional investors include CWM LLC (0.03%) and Lynx Investment Advisory. Insiders that own company stock include Steven Schuurman, Shay Banon, Ashutosh Kulkarni, Janesh Moorjani, Ken Exner, Carolyn Herzog, Mark Eugene Dodds, Jonathan Chadwick, Shelley B Leibowitz, WH Baird Garrett, Paul Andrew Appleby and Peter H Fenton.
View institutional ownership trends

How do I buy shares of Elastic?

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.
Compare Top Brokerages Here.

What other stocks do shareholders of Elastic own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Elastic investors own include NVIDIA (NVDA), Block (SQ), Fastly (FSLY), Roku (ROKU), Okta (OKTA), DocuSign (DOCU) and Trade Desk (TTD).

This page (NYSE:ESTC) was last updated on 7/12/2024 by Staff

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