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Elastic (ESTC) Stock Price, News & Analysis

Elastic logo
$96.09 -3.82 (-3.82%)
As of 10:17 AM Eastern
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About Elastic Stock (NYSE:ESTC)

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Key Stats

Today's Range
$97.40
$102.42
50-Day Range
$53.53
$99.75
52-Week Range
$42.05
$108.00
Volume
637,696 shs
Average Volume
2.13 million shs
Market Capitalization
$9.99 billion
P/E Ratio
27.09
Dividend Yield
N/A
Price Target
$94.12
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
64th Percentile Overall Score

ESTC MarketRank™: 

Elastic scored higher than 64% of companies evaluated by MarketBeat, and ranked 312th out of 600 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 2.52, and is based on no strong buy ratings, 15 buy ratings, 14 hold ratings, and no sell ratings.

  • Downside Risk

    Elastic has a consensus price target of $94.12, representing about 5.6% downside from its current price of $99.75.

  • Amount of Analyst Coverage

    Elastic has been the subject of 24 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 188.00% in the coming year, from $0.25 to $0.72 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Elastic is 27.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.43.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Elastic is 27.94, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 75.85.

  • Price to Earnings Growth Ratio

    Elastic has a PEG Ratio of 23.93. 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 8.12. 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

    6.98% 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 2.66, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Elastic has recently increased by 11.53%, indicating that investor sentiment is decreasing 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 0.54. 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 0.90 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 62 news articles for Elastic this week, compared to 8 articles on an average week.
  • Search Interest

    9 people have searched for ESTC on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Elastic to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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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A single FCC filing hints Elon Musk is planning his biggest project yet - bigger than Tesla, SpaceX, and X combined - aimed at the $25 trillion AI industry. James Altucher says the plan could cut Amazon out of the AI race and disrupt Blue Origin, with a key deadline landing September 25.tc pixel
Canaccord Genuity Group Raises Elastic (NYSE:ESTC) Price Target to $120.00
See More Headlines

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 increased by 32.3% and is now trading at $99.75.

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

Elastic's Board of Directors authorized a stock repurchase plan on Thursday, October 9th 2025, which authorizes the company to buy back $0 in outstanding shares, according to EventVestor. This authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's board believes its stock is undervalued.

The following companies are subsidiaries of Elastic: 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 $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 Syon Capital LLC (0.06%). 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
8/31/2026
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
-2.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.52
Research Coverage
29 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.57
Trailing P/E Ratio
27.09
Forward P/E Ratio
386.27
P/E Growth
23.93
Net Income
$367.77 million
Net Margins
20.84%
Pretax Margin
-0.13%
Return on Equity
-0.38%
Return on Assets
-0.14%

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
5.77
Cash Flow
$0.82 per share
Price / Cash Flow
118.31
Book Value
$12.28 per share
Price / Book
7.86

Miscellaneous

Outstanding Shares
103,950,000
Free Float
90,750,000
Market Cap
$10.04 billion
Optionable
Optionable
Beta
0.98

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This page (NYSE:ESTC) was last updated on 8/31/2026 by MarketBeat.com Staff.
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