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NYSE:ESTC

Elastic (ESTC) Stock Price, News & Analysis

Elastic logo
$71.14 +2.40 (+3.49%)
Closing price 08/4/2026 03:59 PM Eastern
Extended Trading
$71.16 +0.02 (+0.03%)
As of 04:01 AM Eastern
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About Elastic Stock (NYSE:ESTC)

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Key Stats

Today's Range
$67.06
$71.45
50-Day Range
$53.53
$71.14
52-Week Range
$42.05
$96.07
Volume
1.78 million shs
Average Volume
1.67 million shs
Market Capitalization
$7.39 billion
P/E Ratio
20.33
Dividend Yield
N/A
Price Target
$78.78
Consensus Rating
Moderate Buy

Company Overview

Elastic N.V. operates as a search and analytics company, offering a suite of open source and subscription-based solutions for search, observability and security use cases. Its flagship product, Elasticsearch, enables fast and scalable full-text search and analytics across large volumes of structured and unstructured data. Complementary tools such as Kibana provide visualization capabilities, while Beats and Logstash serve as lightweight data shippers and data processing pipelines, respectively.

The company was founded in 2012 by Shay Banon, who serves as chief technology officer, and Steven Schuurman. Elastic grew rapidly in the enterprise market by embracing an open source development model and introducing Elastic Cloud in 2016, allowing customers to access Elastic’s core offerings via a managed service. Elastic debuted on the New York Stock Exchange in October 2018 under the ticker symbol ESTC.

Elastic’s platform addresses a variety of use cases including application performance monitoring, infrastructure monitoring, security information and event management (SIEM), and enterprise search. Organizations leverage Elastic to ingest, search and visualize logs, metrics and application traces in real time. Its security solutions utilize the Elastic Stack to detect, investigate and respond to cyberthreats across complex IT environments.

Headquartered in Amsterdam and Mountain View, California, Elastic serves customers worldwide across sectors such as technology, financial services, retail and government. The company maintains regional offices in North America, Europe and Asia–Pacific and works with a network of channel partners and consultants to deploy tailored solutions. Elastic’s leadership team combines open source veterans and enterprise-software experts to guide product innovation and global expansion.

AI Generated. May Contain Errors.

Elastic Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
78th Percentile Overall Score

ESTC MarketRank™: 

Elastic scored higher than 78% of companies evaluated by MarketBeat, and ranked 185th out of 592 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 2.57, and is based on no strong buy ratings, 17 buy ratings, 13 hold ratings, and no sell ratings.

  • Upside Potential

    Elastic has a consensus price target of $78.78, representing about 10.7% upside from its current price of $71.14.

  • Amount of Analyst Coverage

    Elastic has been the subject of 19 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 176.92% in the coming year, from $0.26 to $0.72 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Elastic is 20.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 40.42.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Elastic is 20.33, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 81.81.

  • Price to Earnings Growth Ratio

    Elastic has a PEG Ratio of 15.56. 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 5.79. 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

    7.81% 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 4.2.
  • Change versus previous month

    Short interest in Elastic has recently increased by 3.19%, indicating that investor sentiment is decreasing.
  • 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 1.05. 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 0.66 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Elastic this week, compared to 8 articles on an average week.
  • Search Interest

    3 people have searched for ESTC on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Elastic to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 $6,673,100.00 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

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ESTC Stock Analysis - Frequently Asked Questions

Elastic's stock was trading at $75.39 at the beginning of the year. Since then, ESTC stock has decreased by 5.6% and is now trading at $71.1380.

Elastic N.V. (NYSE:ESTC) issued its earnings results on Thursday, May, 28th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.05. The business's quarterly revenue was up 16.0% on a year-over-year basis.
Read the conference call transcript
.

Elastic's Board of Directors approved a share repurchase plan on Thursday, October 9th 2025, which authorizes the company to repurchase $0 in outstanding shares, according to EventVestor. This authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

The following companies are subsidiaries of Elastic: Optimyze, CMD, Build.security, Endgame, Perched, Lambda Lab, Swiftype, and more.

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 served as the underwriters for the IPO and BofA Merrill Lynch, Citigroup, Jefferies and Canaccord Genuity were co-managers.

Top institutional investors of Elastic include Assenagon Asset Management S.A. (0.87%), Handelsbanken Fonder AB (0.03%), 180 Wealth Advisors LLC (0.01%) and Neumann Advisory Hong Kong Ltd. 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
5/28/2026
Today
8/04/2026
Next Earnings (Estimated)
8/27/2026
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
$150.00
Low Price Target
$49.00
Potential Upside/Downside
+10.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
30 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.50
Trailing P/E Ratio
20.33
Forward P/E Ratio
273.61
P/E Growth
15.56
Net Income
$367.77 million
Net Margins
21.14%
Pretax Margin
-0.13%
Return on Equity
-1.82%
Return on Assets
-0.67%

Debt

Debt-to-Equity Ratio
0.45
Current Ratio
1.68
Quick Ratio
1.68

Sales & Book Value

Annual Sales
$1.74 billion
Price / Sales
4.25
Cash Flow
$0.87 per share
Price / Cash Flow
81.40
Book Value
$12.28 per share
Price / Book
5.79

Miscellaneous

Outstanding Shares
103,950,000
Free Float
90,750,000
Market Cap
$7.39 billion
Optionable
Optionable
Beta
0.98

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This page (NYSE:ESTC) was last updated on 8/5/2026 by MarketBeat.com Staff.
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