Log in

NYSE:ESTCElastic Stock Price, Forecast & News

$89.27
+0.53 (+0.60 %)
(As of 06/3/2020 04:00 PM ET)
Add
Compare
Today's Range
$87.63
Now: $89.27
$90.17
50-Day Range
$53.93
MA: $69.72
$89.66
52-Week Range
$39.01
Now: $89.27
$104.10
Volume5.65 million shs
Average Volume1.45 million shs
Market Capitalization$7.30 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.94
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.
Read More

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
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$7.30 billion
Next Earnings DateN/A
OptionableNot Optionable

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.

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 Coronavirus reached pandemic status according to the World Health Organization. Since then, ESTC shares have increased by 69.1% and is now trading at $89.27. 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.

How were Elastic's earnings last quarter?

Elastic NV (NYSE:ESTC) posted its quarterly earnings results on Wednesday, June, 3rd. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.31) by $0.19. The firm earned $123.60 million during the quarter, compared to analysts' expectations of $117.15 million. Elastic had a negative net margin of 44.42% and a negative return on equity of 41.56%. The firm's quarterly revenue was up 52.6% compared to the same quarter last year. During the same quarter last year, the business earned ($0.28) earnings per share. View Elastic's earnings history.

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

Elastic updated its FY21 earnings guidance on Wednesday, June, 3rd. The company provided EPS guidance of ($0.98)-($0.85) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($1.32). The company issued revenue guidance of $530-$540 million, compared to the consensus revenue estimate of $561.27 million.

What price target have analysts set for ESTC?

13 brokers have issued 12 month target prices for Elastic's stock. Their forecasts range from $60.00 to $137.00. On average, they expect Elastic's share price to reach $88.62 in the next twelve months. This suggests that the stock has a possible downside of 0.7%. View analysts' price targets for Elastic.

Has Elastic been receiving favorable news coverage?

Media headlines about ESTC stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Elastic earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news 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 stock's share price in the near term. 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 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.

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 shareholders 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 major 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 major 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 $89.27.

How big of a company is Elastic?

Elastic has a market capitalization of $7.30 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 6/4/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.