NYSE:ESTC - Elastic Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $82.94 +0.42 (+0.51 %) (As of 04/22/2019 12:20 PM ET)Previous Close$82.52Today's Range$82.30 - $83.1552-Week Range$58.55 - $100.43Volume178,245 shsAverage Volume717,716 shsMarket Capitalization$6.08 billionP/E RatioN/ADividend YieldN/ABetaN/A ProfileDiscussionAnalyst RatingsChartEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Elastic N.V. develops and delivers technology that enables users to search structured and unstructured data for a range of consumer and enterprise applications. It primarily provides 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. Its Elastic Stack comprises products, such as 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; 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. The company also offers software solutions on the Elastic Stack that address cases, including app search, site search, enterprise search, logging, metrics, application performance monitoring, business analytics, and security analytics. Its products are used by individual developers and organizations of a range of industries. The company was founded in 2012 and is headquartered in Mountain View, California. Receive ESTC News and Ratings via Email Sign-up to receive the latest news and ratings for ESTC and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Prepackaged software Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:ESTC Previous Symbol CUSIPN/A CIKN/A Webwww.elastic.co Phone650-458-2620Debt Debt-to-Equity RatioN/A Current Ratio2.48 Quick Ratio2.48Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AProfitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees1,247 Outstanding Shares73,300,000Market Cap$6.08 billion Next Earnings Date5/22/2019 (Estimated) OptionableNot Optionable Elastic (NYSE:ESTC) Frequently Asked Questions What is Elastic's stock symbol? Elastic trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESTC." How were Elastic's earnings last quarter? Elastic NV (NYSE:ESTC) announced its earnings results on Wednesday, February, 27th. The company reported ($0.29) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.37) by $0.08. The business had revenue of $70.80 million for the quarter, compared to analysts' expectations of $65.77 million. The company's revenue for the quarter was up 69.8% on a year-over-year basis. View Elastic's Earnings History. When is Elastic's next earnings date? Elastic is scheduled to release their next quarterly earnings announcement on Wednesday, May 22nd 2019. View Earnings Estimates for Elastic. What guidance has Elastic issued on next quarter's earnings? Elastic updated its FY19 earnings guidance on Wednesday, February, 27th. The company provided earnings per share guidance of ($1.13)-($1.11) for the period, compared to the Thomson Reuters consensus EPS estimate of ($1.31). The company issued revenue guidance of $265-$267 million, compared to the consensus revenue estimate of $257.90 million.Elastic also updated its Q4 guidance to ($0.30)-($0.28) EPS. What price target have analysts set for ESTC? 12 equities research analysts have issued 1 year price objectives for Elastic's stock. Their forecasts range from $60.00 to $120.00. On average, they anticipate Elastic's share price to reach $90.2727 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price. View Analyst Price Targets for Elastic. What is the consensus analysts' recommendation for Elastic? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elastic in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Elastic. What are Wall Street analysts saying about Elastic stock? Here are some recent quotes from research analysts about Elastic stock: 1. KeyCorp analysts commented, "We are initiating at Overweight and forecast revenue that can quadruple to $1B+ within five years driven by an open-ended growth opportunity within a large $45B TAM. New class of software exploiting the universal appeal of search. We see a new class of enterprise software emerging in 2019 that is exploiting the universal appeal of search. While search was born to drive fast consumer insights across massive volumes of HTML data, we are impressed by the hypergrowth witnessed by search-centric software firms like Mapbox that are delivering unique and differentiated search experiences applied to enterprise data. As the variety and volume of enterprise data further expands on IoT, cloud, and AI mandates, these search-centric software vendors are poised to sustain high growth." (4/4/2019) 2. According to Zacks Investment Research, "Elastic N.V. is a search company. It primarily provides Elastic Stack, a set of software products which ingest and store data from various sources and formats, as well as performs search, analysis and visualization. Elastic N.V. is based in Mountain View, California. " (2/5/2019) 3. Canaccord Genuity analysts commented, "We believe Elastic has the potential to be an extraordinary company with similar growth dynamics to four other high-profile IPOs we have done – and MongoDB. Meanwhile, unlike the past 18 months when just being a software company meant a 60% multiple expansion and 200% appreciation for many growth stocks, it is very likely that we have entered a more restrained market environment. This means investors will be much more selective when it comes to valuations. And while we acknowledge that consensus forecasts for Elastic are almost certainly quite conservative, even adjusting for that fact, investors have driven ESTC’s stock price to a high valuation." (10/30/2018) Has Elastic been receiving favorable news coverage? News coverage about ESTC stock has trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Elastic earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. Who are some of Elastic's key competitors? Some companies that are related to Elastic include Check Point Software Technologies (CHKP), Splunk (SPLK), Veeva Systems (VEEV), CA (CA), Cadence Design Systems (CDNS), Synopsys (SNPS), SS&C Technologies (SSNC), ANSYS (ANSS), Symantec (SYMC), Twilio (TWLO), Citrix Systems (CTXS), PTC (PTC), Paycom Software (PAYC), Atlassian (TEAM) and Micro Focus International (MFGP). What other stocks do shareholders of Elastic own? Based on aggregate information from My MarketBeat watchlists, some companies that other Elastic investors own include Square (SQ), Twilio (TWLO), NVIDIA (NVDA), Alibaba Group (BABA), Aurora Cannabis (ACB), Canopy Growth (CGC), Paypal (PYPL), Splunk (SPLK), Trade Desk (TTD) and Zscaler (ZS). Who are Elastic's key executives? Elastic's management team includes the folowing people: Mr. Shay Banon, Co-Founder, CEO & Chairman (Age 41)Mr. Janesh Moorjani, Chief Financial Officer (Age 46)Mr. Aaron Katz, Chief Revenue Officer (Age 42)Mr. Uri Boness, FounderMr. Simon Willnauer, Founder When did Elastic IPO? (ESTC) raised $192 million in an initial public offering on Friday, October 5th 2018. The company issued 7,000,000 shares at a price of $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. When did Elastic's lock-up period expire? Elastic's lock-up period expired on Wednesday, April 3rd. Elastic had issued 7,000,000 shares in its initial public offering on October 5th. The total size of the offering was $252,000,000 based on an initial share price of $36.00. Since the end of Elastic's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted. Who are Elastic's major shareholders? Elastic's stock is owned by many different of retail and institutional investors. Top institutional investors include Strs Ohio (0.01%) and Virtu Financial LLC (0.01%). Company insiders that own Elastic stock include Aaron Katz, Benchmark Capital Management C, Kevin Kluge, Steven Schuurman and WH Baird Garrett. View Institutional Ownership Trends for Elastic. Which institutional investors are buying Elastic stock? ESTC stock was acquired by a variety of institutional investors in the last quarter, including Strs Ohio and Virtu Financial LLC. View Insider Buying and Selling for Elastic. How do I buy shares of Elastic? Shares of ESTC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Elastic's stock price today? One share of ESTC stock can currently be purchased for approximately $82.9450. How big of a company is Elastic? Elastic has a market capitalization of $6.08 billion. Elastic employs 1,247 workers across the globe. What is Elastic's official website? The official website for Elastic is http://www.elastic.co. How can I contact Elastic? Elastic's mailing address is 800 West El Camino Real Suite 350, Mountain View CA, 94040. The company can be reached via phone at 650-458-2620 or via email at [email protected] MarketBeat Community Rating for Elastic (NYSE ESTC)Community Ranking: 2.4 out of 5 ( )Outperform Votes: 71 (Vote Outperform)Underperform Votes: 78 (Vote Underperform)Total Votes: 149MarketBeat's community ratings are surveys of what our community members think about Elastic and other stocks. Vote "Outperform" if you believe ESTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ESTC will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 4/22/2019 by MarketBeat.com StaffFeatured Article: Do You Need a Fiduciary?