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NYSE:ESTC - Elastic Stock Price, Forecast & News

$72.61
+0.47 (+0.65 %)
(As of 02/18/2020 02:26 AM ET)
Today's Range
$71.61
Now: $72.61
$73.17
50-Day Range
$64.04
MA: $68.56
$72.61
52-Week Range
$60.10
Now: $72.61
$104.10
Volume430,272 shs
Average Volume876,593 shs
Market Capitalization$5.87 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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
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$5.87 billion
Next Earnings Date2/26/2020 (Confirmed)
OptionableNot Optionable

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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) announced its quarterly earnings data on Wednesday, December, 4th. The company reported ($0.22) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.50) by $0.28. The firm earned $101.10 million during the quarter, compared to analysts' expectations of $96.51 million. Elastic had a negative return on equity of 40.66% and a negative net margin of 43.22%. The company's revenue for the quarter was up 59.0% compared to the same quarter last year. During the same period last year, the business posted ($0.38) earnings per share. View Elastic's Earnings History.

When is Elastic's next earnings date?

Elastic is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Elastic.

How can I listen to Elastic's earnings call?

Elastic will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Elastic updated its FY20 earnings guidance on Wednesday, December, 4th. The company provided earnings per share guidance of ($1.24-1.17) for the period, compared to the Thomson Reuters consensus EPS 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?

13 brokers have issued 1-year price targets for Elastic's shares. Their forecasts range from $84.00 to $137.00. On average, they anticipate Elastic's stock price to reach $101.33 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price. View Analyst Price Targets for Elastic.

What is the consensus analysts' recommendation for 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.

Has Elastic been receiving favorable news coverage?

News headlines about ESTC stock have been trending extremely negative on Tuesday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Elastic earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Elastic.

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), Twilio (TWLO), Okta (OKTA), Square (SQ), Netflix (NFLX), Alibaba Group (BABA), Trade Desk (TTD), Roku (ROKU), Paypal (PYPL) and Zscaler (ZS).

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 many different of retail and institutional investors. Top institutional investors include FIL Ltd (7.39%), FMR LLC (6.61%), Eagle Asset Management Inc. (1.09%), Alyeska Investment Group L.P. (1.02%), State Street Corp (0.68%) and Goldman Sachs Group Inc. (0.64%). 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 major investors are selling Elastic stock?

ESTC stock was sold by a variety of institutional investors in the last quarter, including Tairen Capital Ltd, Goldman Sachs Group Inc., Bank of America Corp DE, Credit Suisse AG, Altimeter Capital Management LP, Nicholas Investment Partners LP, Raymond James & Associates and Cubist Systematic Strategies LLC. 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, Steven Schuurman and WH Baird Garrett. View Insider Buying and Selling for Elastic.

Which major investors are buying Elastic stock?

ESTC stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Alyeska Investment Group L.P., FIL Ltd, Eagle Asset Management Inc., Glynn Capital Management LLC, Amundi Pioneer Asset Management Inc., Castle Hook Partners LP and Eventide Asset Management LLC. 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 $72.61.

How big of a company is Elastic?

Elastic has a market capitalization of $5.87 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?

The official website for Elastic is http://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]


MarketBeat Community Rating for Elastic (NYSE ESTC)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  152 (Vote Outperform)
Underperform Votes:  144 (Vote Underperform)
Total Votes:  296
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.
This page was last updated on 2/18/2020 by MarketBeat.com Staff

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