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NYSE:ESTC

Elastic (ESTC) Stock Price, News & Analysis

$122.27
+1.66 (+1.38%)
(As of 07/12/2024 08:51 PM ET)
Today's Range
$120.16
$123.58
50-Day Range
$93.10
$122.24
52-Week Range
$57.38
$136.06
Volume
1.33 million shs
Average Volume
1.32 million shs
Market Capitalization
$12.44 billion
P/E Ratio
230.70
Dividend Yield
N/A
Price Target
$118.05

Elastic MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
3.5% Downside
$118.05 Price Target
Short Interest
Healthy
5.35% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.42mentions of Elastic in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$38.63 M Sold Last Quarter
Proj. Earnings Growth
Growing
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

211th out of 298 stocks

Prepackaged Software Industry

153rd out of 195 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
The Overlooked Retirement Asset You Probably Don’t Own
4 out of 5 Americans believe we’re on the brink of a retirement crisis. Luckily, in these unprecedented times, we have an unprecedented solution. Once considered a “fringe” investment, the crypto market is now taking the world by storm.
Reviewing Elastic (NYSE:ESTC) and Leafly (NASDAQ:LFLY)
Elastic Releases Third Annual Sustainability Report
The Overlooked Retirement Asset You Probably Don’t Own
4 out of 5 Americans believe we’re on the brink of a retirement crisis. Luckily, in these unprecedented times, we have an unprecedented solution. Once considered a “fringe” investment, the crypto market is now taking the world by storm.
Elastic: Generative AI Opportunity Awaits
Elastic: No AI Tailwinds Yet
See More Headlines
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Company Calendar

Last Earnings
5/30/2024
Today
7/14/2024
Next Earnings (Estimated)
8/29/2024
Fiscal Year End
4/30/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
3,187
Year Founded
2012

Price Target and Rating

Average Stock Price Target
$118.05
High Stock Price Target
$155.00
Low Stock Price Target
$65.00
Potential Upside/Downside
-3.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
21 Analysts

Profitability

Net Income
$61.72 million
Pretax Margin
-9.69%

Debt

Sales & Book Value

Annual Sales
$1.27 billion
Book Value
$7.32 per share

Miscellaneous

Free Float
83,305,000
Market Cap
$12.44 billion
Optionable
Optionable
Beta
0.98

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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 the year. Since then, ESTC stock has increased by 8.5% and is now trading at $122.27.
View the best growth stocks for 2024 here
.

How were Elastic's earnings last quarter?

Elastic (NYSE:ESTC) posted its earnings results on Thursday, May, 30th. The company reported ($0.39) EPS for the quarter, missing analysts' consensus estimates of ($0.36) by $0.03. The company had revenue of $335 million for the quarter, compared to analysts' expectations 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 Glassdoor.com. 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, Build.security, Endgame, Perched, Lambda Lab, Swiftype, and others.

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 acted 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 shareholders include Blue Zone Wealth Advisors LLC (0.03%), CWM LLC (0.03%), SG Americas Securities LLC (0.02%) 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 7/15/2024 by MarketBeat.com Staff

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