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 data on Wednesday, December, 4th. The company reported ($0.22) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.50) by $0.28. The company 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 business's revenue was up 59.0% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.38) earnings per share. 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 EPS guidance of ($1.24-1.17) for the period, compared to the Thomson Reuters consensus 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 equities research analysts have issued twelve-month target prices 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 42.8% 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?
Media coverage about ESTC stock has trended somewhat positive this week, according to InfoTrie. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Elastic earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Elastic.
Are investors shorting Elastic?
Elastic saw a increase in short interest in the month of 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 days-to-cover ratio is presently 4.3 days. Approximately 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), NortonLifeLock (NLOK), Symantec (SYMC), Check Point Software Technologies (CHKP), Paycom Software (PAYC), Twilio (TWLO), Atlassian (TEAM), SS&C Technologies (SSNC), Okta (OKTA), Citrix Systems (CTXS), 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 (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.
Who are Elastic's major shareholders?
Elastic's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Roubaix Capital LLC (0.02%), Cerebellum GP LLC (0.01%) and Alpine Global Management LLC (0.01%). 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?
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 $70.33.
How big of a company is Elastic?
Elastic has a market capitalization of $5.69 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.
