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.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorBusiness Services
CIKN/A
Phone650-458-2620
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$271.65 million
Profitability
Miscellaneous
Employees1,442
Next Earnings Date2/26/2020 (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) issued its quarterly earnings results on Wednesday, December, 4th. The company reported ($0.22) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.50) by $0.28. The firm had revenue of $101.10 million for the quarter, compared to the consensus estimate of $96.51 million. Elastic had a negative net margin of 43.22% and a negative return on equity of 40.66%. The company's revenue for the quarter was up 59.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.38) EPS. View Elastic's Earnings History.
When is Elastic's next earnings date?
What guidance has Elastic issued on next quarter's earnings?
Elastic issued an update on its FY20 earnings guidance on Wednesday, December, 4th. The company provided earnings per share (EPS) guidance of ($1.24-1.17) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($1.29). The company issued revenue guidance of $415-417 million, compared to the consensus revenue estimate of $410.78 million.
What price target have analysts set for ESTC?
14 brokers have issued 1-year price objectives for Elastic's stock. Their forecasts range from $84.00 to $137.00. On average, they anticipate Elastic's share price to reach $100.46 in the next year. This suggests a possible upside of 47.7% from the stock's current price. View Analyst Price Targets for Elastic.
What is the consensus analysts' recommendation for Elastic?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elastic in the last year. There are currently 4 hold ratings and 10 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. 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. " (12/9/2019)
- 2. 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)
Has Elastic been receiving favorable news coverage?
Press coverage about ESTC stock has trended very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Elastic earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Elastic.
Are investors shorting Elastic?
Elastic saw a increase in short interest in December. As of December 13th, there was short interest totalling 6,190,000 shares, an increase of 27.6% from the November 28th total of 4,850,000 shares. Based on an average daily trading volume, of 1,430,000 shares, the short-interest ratio is presently 4.3 days. Currently, 12.1% of the company's shares are sold short. View Elastic's Current Options Chain.
Who are some of Elastic's key competitors?
Some companies that are related to Elastic include Veeva Systems (VEEV), Cadence Design Systems (CDNS), Paycom Software (PAYC), NortonLifeLock (NLOK), Check Point Software Technologies (CHKP), Symantec (SYMC), SS&C Technologies (SSNC), Twilio (TWLO), Atlassian (TEAM), Citrix Systems (CTXS), Okta (OKTA), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Tableau Software (DATA), Docusign (DOCU) and Crowdstrike (CRWD).
What other stocks do shareholders of Elastic own?
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, Founder
- Mr. 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.
Who are Elastic's major shareholders?
Elastic's stock is owned by a number of of retail and institutional investors. Top institutional investors include Roubaix Capital LLC (0.02%), Cerebellum GP LLC (0.01%), Alpine Global Management LLC (0.01%) and Exane Derivatives (0.00%). Company insiders that own Elastic stock include Aaron Katz, Benchmark Capital Management C, Janesh Moorjani, Kevin Kluge, Michelangelo Volpi, Shay Banon, Steven Schuurman and WH Baird Garrett. View Institutional Ownership Trends for Elastic.
Which institutional investors are buying Elastic stock?
ESTC stock was bought by a variety of institutional investors in the last quarter, including Roubaix Capital LLC, Cerebellum GP LLC, Alpine Global Management LLC and Exane Derivatives. 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, Robinhood, Fidelity and Charles Schwab.
What is Elastic's stock price today?
One share of ESTC stock can currently be purchased for approximately $68.03.
How big of a company is Elastic?
Elastic has a market capitalization of $5.50 billion and generates $271.65 million in revenue each year. The company earns $-102,300,000.00 in net income (profit) each year or ($1.80) on an earnings per share basis. Elastic employs 1,442 workers across the globe.View Additional Information About Elastic.
What is Elastic's official website?
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)
MarketBeat'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.
