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NYSE:ESTCElastic Stock Price, Forecast & News

$81.70
+1.07 (+1.33 %)
(As of 05/28/2020 04:00 PM ET)
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Today's Range
$80.09
Now: $81.70
$84.78
50-Day Range
$51.76
MA: $65.98
$84.95
52-Week Range
$39.01
Now: $81.70
$104.10
Volume880,200 shs
Average Volume1.37 million shs
Market Capitalization$6.68 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.73
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.40 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorBusiness Services
CUSIPN/A
CIKN/A
Phone650-458-2620

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$271.65 million
Book Value$3.58 per share

Profitability

Net Income$-102,300,000.00

Miscellaneous

Employees1,442
Market Cap$6.68 billion
Next Earnings Date6/3/2020 (Confirmed)
OptionableNot Optionable

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Elastic (NYSE:ESTC) Frequently Asked Questions

How has Elastic's stock been impacted by COVID-19 (Coronavirus)?

Elastic's stock was trading at $52.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ESTC shares have increased by 54.7% and is now trading at $81.70. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Elastic?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elastic in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Elastic.

When is Elastic's next earnings date?

Elastic is scheduled to release its next quarterly earnings announcement on Wednesday, June 3rd 2020. View our earnings forecast for Elastic.

How can I listen to Elastic's earnings call?

Elastic will be holding an earnings conference call on Wednesday, June 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Elastic's earnings last quarter?

Elastic NV (NYSE:ESTC) released its quarterly earnings data on Wednesday, December, 4th. The company reported ($0.22) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.50) by $0.28. The business earned $101.10 million during the quarter, compared to analyst estimates of $96.51 million. Elastic had a negative return on equity of 41.56% and a negative net margin of 44.42%. Elastic's revenue for the quarter was up 59.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.38) EPS. View Elastic's earnings history.

What price target have analysts set for ESTC?

13 brokers have issued 1-year price objectives for Elastic's stock. Their forecasts range from $60.00 to $137.00. On average, they anticipate Elastic's stock price to reach $87.46 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price. View analysts' price targets for Elastic.

Has Elastic been receiving favorable news coverage?

Press coverage about ESTC stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Elastic earned a news impact score of -3.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutElastic.

Who are some of Elastic's key competitors?

What other stocks do shareholders of Elastic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Elastic investors own include NVIDIA (NVDA), Square (SQ), Roku (ROKU), Twilio (TWLO), Okta (OKTA), Netflix (NFLX), Alibaba Group (BABA), Trade Desk (TTD), Alteryx (AYX) and Splunk (SPLK).

Who are Elastic's key executives?

Elastic's management team includes the following 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 (IPO) 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.

What is Elastic's stock symbol?

Elastic trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESTC."

Who are Elastic's major shareholders?

Elastic's stock is owned by a number of retail and institutional investors. Top institutional investors include Sylebra Capital Ltd (7.08%), BlackRock Inc. (3.80%), JPMorgan Chase & Co. (2.67%), Capital International Investors (2.61%), Carmignac Gestion (2.36%) and Valinor Management L.P. (1.37%). Company insiders that own Elastic stock include Aaron Katz, Benchmark Capital Management C, Janesh Moorjani, Jonathan Chadwick, Kevin Kluge, Michelangelo Volpi, Shay Banon, Steven Schuurman and WH Baird Garrett. View institutional ownership trends for Elastic.

Which institutional investors are selling Elastic stock?

ESTC stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Alliancebernstein L.P., Balyasny Asset Management LLC, Tudor Investment Corp Et Al, KBC Group NV, Carmignac Gestion, AlpInvest Partners B.V., and Credit Agricole S A. Company insiders that have sold Elastic company stock in the last year include Aaron Katz, Benchmark Capital Management C, Janesh Moorjani, Jonathan Chadwick, Kevin Kluge, Michelangelo Volpi, Shay Banon, and WH Baird Garrett. View insider buying and selling activity for Elastic.

Which institutional investors are buying Elastic stock?

ESTC stock was acquired by a variety of institutional investors in the last quarter, including Sylebra Capital Ltd, Deutsche Bank AG, JPMorgan Chase & Co., Clearbridge Investments LLC, Valinor Management L.P., BlackRock Inc., Capital International Investors, and Myriad Asset Management Ltd.. View insider buying and selling activity 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 $81.70.

How big of a company is Elastic?

Elastic has a market capitalization of $6.68 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.

What is Elastic's official website?

The official website for Elastic is 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]

This page was last updated on 5/29/2020 by MarketBeat.com Staff

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