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NYSE:ESTC

Elastic Stock Forecast, Price & News

$111.20
-12.35 (-10.00 %)
(As of 03/8/2021 12:00 AM ET)
Add
Compare
Today's Range
$110.93
Now: $111.20
$123.70
50-Day Range
$122.95
MA: $157.61
$171.29
52-Week Range
$39.01
Now: $111.20
$176.49
Volume1.97 million shs
Average Volume1.05 million shs
Market Capitalization$9.98 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.16
Elastic N.V., a search company, delivers technology that enables users to search through structured and unstructured data for a range of consumer and enterprise applications. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as perform search, analysis, and visualization. The company's Elastic Stack product comprises 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. It also provides software solutions on the Elastic Stack that address cases, including app search, site search, workplace search, logging, metrics, application performance management, 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.
Elastic logo

Headlines

Elastic is Now Oversold (ESTC) - Nasdaq
March 8, 2021 |  nasdaq.com
Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching
March 6, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone650-458-2620
Employees2,029
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$427.62 million
Book Value$5.06 per share

Profitability

Net Income$-167,170,000.00

Miscellaneous

Market Cap$9.98 billion
Next Earnings Date6/2/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.78 out of 5 stars

Business Services Sector

58th out of 442 stocks

Prepackaged Software Industry

40th out of 284 stocks

Analyst Opinion: 4.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
$111.20
-12.35 (-10.00 %)
(As of 03/8/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Elastic (NYSE:ESTC) Frequently Asked Questions

Is Elastic a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elastic in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Elastic stock.
View analyst ratings for Elastic
or view top-rated stocks.

What stocks does MarketBeat like better than Elastic?

Wall Street analysts have given Elastic a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Elastic wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Elastic's next earnings date?

Elastic is scheduled to release its next quarterly earnings announcement on Wednesday, June 2nd 2021.
View our earnings forecast for Elastic
.

How were Elastic's earnings last quarter?

Elastic (NYSE:ESTC) released its earnings results on Wednesday, February, 24th. The company reported ($0.04) earnings per share for the quarter, beating analysts' consensus estimates of ($0.34) by $0.30. Elastic had a negative trailing twelve-month return on equity of 22.51% and a negative net margin of 24.21%.
View Elastic's earnings history
.

How has Elastic's stock price been impacted by Coronavirus?

Elastic's stock was trading at $52.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ESTC shares have increased by 110.6% and is now trading at $111.20.
View which stocks have been most impacted by COVID-19
.

What guidance has Elastic issued on next quarter's earnings?

Elastic updated its fourth quarter 2021 After-Hours earnings guidance on Wednesday, February, 24th. The company provided earnings per share guidance of -0.18--0.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.22. The company issued revenue guidance of $158-159 million, compared to the consensus revenue estimate of $151.71 million.

What price target have analysts set for ESTC?

17 analysts have issued twelve-month price targets for Elastic's stock. Their forecasts range from $90.00 to $200.00. On average, they anticipate Elastic's share price to reach $167.47 in the next year. This suggests a possible upside of 50.6% from the stock's current price.
View analysts' price targets for Elastic
or view top-rated stocks among Wall Street analysts.

Who are Elastic's key executives?

Elastic's management team includes the following people:
  • Mr. Shay Banon, Co-Founder, CEO & Exec. Chairman (Age 43, Pay $571.89k)
  • Mr. Steven Schuurman, Co-Founder & Non-Exec. Director (Age 45, Pay $30k)
  • Mr. Janesh Moorjani, Chief Financial Officer (Age 48, Pay $572.93k)
  • Mr. W. H. Baird Garrett, Sr. VP of Legal, Gen. Counsel & Sec. (Age 59, Pay $400k)
  • Mr. Kevin Kluge, Sr. VP of Engineering (Age 50, Pay $442.11k)
  • Mr. Uri Boness, Founder
  • Mr. Simon Willnauer, Founder
  • Mr. Robin Sharpe, VP of Operations
  • Mr. Anthony Luscri, VP of Investor Relations
  • Mr. Justin Hoffman, Sr. VP of Sales

What is Shay Banon's approval rating as Elastic's CEO?

81 employees have rated Elastic CEO Shay Banon on Glassdoor.com. Shay Banon has an approval rating of 93% among Elastic's employees. This puts Shay Banon in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), Fastly (FSLY), Roku (ROKU), Okta (OKTA), DocuSign (DOCU), The Trade Desk (TTD), Twilio (TWLO), CrowdStrike (CRWD) and Alibaba Group (BABA).

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 $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 variety of institutional and retail investors. Top institutional investors include FMR LLC (10.92%), BlackRock Inc. (5.81%), Sylebra Capital Ltd (5.38%), Jackson Square Partners LLC (2.28%), JPMorgan Chase & Co. (2.26%) and Clearbridge Investments LLC (1.64%). 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 FIL Ltd, Jackson Square Partners LLC, Bloom Tree Partners LLC, Sylebra Capital Ltd, WCM Investment Management LLC, TCW Group Inc., First Trust Advisors LP, and Ardevora Asset Management LLP. Company insiders that have sold Elastic company stock in the last year include Janesh Moorjani, Jonathan Chadwick, Kevin Kluge, Shay Banon, Steven Schuurman, and WH Baird Garrett.
View insider buying and selling activity for Elastic
or view top insider-selling stocks.

Which institutional investors are buying Elastic stock?

ESTC stock was acquired by a variety of institutional investors in the last quarter, including Mawer Investment Management Ltd., FMR LLC, Morgan Stanley, Norges Bank, BlackRock Inc., Healthcare of Ontario Pension Plan Trust Fund, Healthcare of Ontario Pension Plan Trust Fund, and Thornburg Investment Management Inc..
View insider buying and selling activity for Elastic
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Elastic's stock price today?

One share of ESTC stock can currently be purchased for approximately $111.20.

How much money does Elastic make?

Elastic has a market capitalization of $9.98 billion and generates $427.62 million in revenue each year. The company earns $-167,170,000.00 in net income (profit) each year or ($1.53) on an earnings per share basis.

How many employees does Elastic have?

Elastic employs 2,029 workers across the globe.

What is Elastic's official website?

The official website for Elastic is www.elastic.co.

Where are Elastic's headquarters?

Elastic is headquartered at 800 West El Camino Real Suite 350, Mountain View CA, 94040.

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 3/8/2021 by MarketBeat.com Staff

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