Free Trial

Elastic (ESTC) News Today

Elastic logo
$79.32 -3.93 (-4.72%)
Closing price 06/13/2025 03:59 PM Eastern
Extended Trading
$83.08 +3.76 (+4.75%)
As of 06/13/2025 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Why is Elastic Dropping Today?

Elastic (NYSE: ESTC) shares are up today amid strong Q1 results and a wave of analyst updates that point to improving profitability and favorable long-term outlooks.

  • A Yahoo Finance report dubs Elastic “Best in the Biz” for Q1 data-infrastructure earnings, highlighting robust revenue growth and operating margins.
  • Scotiabank raised its FY2026 EPS forecast to ($0.21) from ($0.87), maintaining a Sector Outperform rating and $95 price target.
  • KeyCorp initiated coverage with a Sector Weight rating, forecasting Q1 2026 EPS of ($0.21) and gradual EPS improvement into 2027.
  • Cantor Fitzgerald assigned a Neutral rating and $92 price objective, estimating FY2026 EPS of ($0.22), roughly in line with consensus.
  • KeyBanc also kicked off coverage with a Sector Weight recommendation, reflecting cautious optimism on near-term earnings trends.
Posted 1+ days agoAI Generated. May Contain Errors.

ESTC Latest News

Elastic stock logo
SG Americas Securities LLC Sells 33,520 Shares of Elastic (NYSE:ESTC)
SG Americas Securities LLC trimmed its stake in shares of Elastic (NYSE:ESTC - Free Report) by 45.5% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 40,091 shares of the company's stock after selling 33,520 shares during the quarter. SG Americas
Scotiabank Has Bullish Forecast for Elastic FY2026 Earnings
KeyCorp Estimates Elastic's Q1 Earnings (NYSE:ESTC)
Elastic stock logo
Scotiabank Comments on Elastic's FY2026 Earnings (NYSE:ESTC)
Elastic (NYSE:ESTC - Free Report) - Stock analysts at Scotiabank lifted their FY2026 earnings per share estimates for Elastic in a research note issued to investors on Monday, June 9th. Scotiabank analyst P. Colville now expects that the company will earn ($0.21) per share for the year, up from t
Elastic stock logo
Research Analysts Issue Forecasts for Elastic Q1 Earnings
Elastic (NYSE:ESTC - Free Report) - Equities researchers at KeyCorp issued their Q1 2026 earnings estimates for Elastic in a report released on Monday, June 9th. KeyCorp analyst E. Heath expects that the company will post earnings per share of ($0.21) for the quarter. KeyCorp has a "Sector Weigh
Elastic stock logo
Assenagon Asset Management S.A. Has $53.86 Million Stake in Elastic (NYSE:ESTC)
Assenagon Asset Management S.A. increased its position in shares of Elastic (NYSE:ESTC - Free Report) by 137.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 604,519 shares of the company's stock after purchasi
Elastic stock logo
Pallas Capital Advisors LLC Takes $654,000 Position in Elastic (NYSE:ESTC)
Pallas Capital Advisors LLC bought a new stake in shares of Elastic (NYSE:ESTC - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 7,340 shares of the company's stock, valued at approximately $654,0
Cantor Fitzgerald Weighs in on Elastic FY2026 Earnings
KeyCorp Initiates Coverage on Elastic (NYSE:ESTC)
Elastic (NYSE:ESTC) CFO Sells $196,503.51 in Stock
Elastic stock logo
GAMMA Investing LLC Purchases 50,544 Shares of Elastic (NYSE:ESTC)
GAMMA Investing LLC increased its position in Elastic (NYSE:ESTC - Free Report) by 20,800.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 50,787 shares of the company's stock after purchasing an additional 50,544 shares during the qua
Decoding Elastic NV (ESTC): A Strategic SWOT Insight
Elastic stock logo
Insider Selling: Elastic (NYSE:ESTC) CFO Sells 2,261 Shares of Stock
Elastic (NYSE:ESTC - Get Free Report) CFO Navam Welihinda sold 2,261 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $86.91, for a total transaction of $196,503.51. Following the completion of the transaction, the chief financial officer now directly owns 133,925 shares of the company's stock, valued at $11,639,421.75. This represents a 1.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Elastic stock logo
Shay Banon Sells 5,117 Shares of Elastic (NYSE:ESTC) Stock
Elastic (NYSE:ESTC - Get Free Report) CTO Shay Banon sold 5,117 shares of the business's stock in a transaction on Monday, June 9th. The shares were sold at an average price of $86.91, for a total value of $444,718.47. Following the completion of the sale, the chief technology officer now owns 4,560,291 shares of the company's stock, valued at $396,334,890.81. This trade represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Elastic stock logo
Mark Eugene Dodds Sells 5,514 Shares of Elastic (NYSE:ESTC) Stock
Elastic (NYSE:ESTC - Get Free Report) CRO Mark Eugene Dodds sold 5,514 shares of Elastic stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $86.91, for a total transaction of $479,221.74. Following the transaction, the executive now directly owns 165,443 shares of the company's stock, valued at approximately $14,378,651.13. This trade represents a 3.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Elastic stock logo
Insider Selling: Elastic (NYSE:ESTC) Insider Sells 5,702 Shares of Stock
Elastic (NYSE:ESTC - Get Free Report) insider Carolyn Herzog sold 5,702 shares of the company's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $86.91, for a total transaction of $495,560.82. Following the completion of the sale, the insider now directly owns 93,985 shares in the company, valued at $8,168,236.35. This trade represents a 5.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Elastic stock logo
Insider Selling: Elastic (NYSE:ESTC) Insider Sells 6,918 Shares of Stock
Elastic (NYSE:ESTC - Get Free Report) insider Ken Exner sold 6,918 shares of the stock in a transaction on Monday, June 9th. The stock was sold at an average price of $86.91, for a total transaction of $601,243.38. Following the transaction, the insider now directly owns 230,494 shares in the company, valued at approximately $20,032,233.54. This represents a 2.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Elastic stock logo
Insider Selling: Elastic (NYSE:ESTC) CEO Sells 22,901 Shares of Stock
Elastic (NYSE:ESTC - Get Free Report) CEO Ashutosh Kulkarni sold 22,901 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $86.91, for a total transaction of $1,990,325.91. Following the sale, the chief executive officer now owns 454,841 shares in the company, valued at approximately $39,530,231.31. This trade represents a 4.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Elastic stock logo
Cantor Fitzgerald Comments on Elastic FY2026 Earnings
Elastic (NYSE:ESTC - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of Elastic in a research note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst T. Blakey anticipates that the company will post earnings of ($0.22) per
Elastic stock logo
Elastic (NYSE:ESTC) Earns Sector Weight Rating from Analysts at KeyCorp
KeyCorp assumed coverage on Elastic in a research report on Tuesday. They set a "sector weight" rating on the stock.
Elastic stock logo
Merit Financial Group LLC Purchases Shares of 9,884 Elastic (NYSE:ESTC)
Merit Financial Group LLC acquired a new position in Elastic (NYSE:ESTC - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,884 shares of the company's stock, valued
Elastic stock logo
Elastic (NYSE:ESTC) Shares Sold by Wellington Management Group LLP
Wellington Management Group LLP cut its stake in shares of Elastic (NYSE:ESTC - Free Report) by 40.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 5,414 shares of the company's stock after selling 3,720 shares during the period. Wellington Management G
Elastic stock logo
Blue Zone Wealth Advisors LLC Grows Stake in Elastic (NYSE:ESTC)
Blue Zone Wealth Advisors LLC increased its stake in Elastic (NYSE:ESTC - Free Report) by 9.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,384 shares of the company's stock after ac
Elastic stock logo
Elastic (NYSE:ESTC) Shares Sold by Planned Solutions Inc.
Planned Solutions Inc. decreased its stake in Elastic (NYSE:ESTC - Free Report) by 16.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,870 shares of the company's stock after selling 8,795 shares during the quarter
Elastic stock logo
Canaccord Genuity Group Lowers Elastic (NYSE:ESTC) Price Target to $110.00
Canaccord Genuity Group lowered their price objective on Elastic from $135.00 to $110.00 and set a "buy" rating for the company in a research report on Monday.
Elastic stock logo
Universal Beteiligungs und Servicegesellschaft mbH Takes $3.56 Million Position in Elastic (NYSE:ESTC)
Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Elastic (NYSE:ESTC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 35,906 shares of the company's stock, valued at approximately $3,558
Elastic stock logo
Versant Capital Management Inc Increases Stock Holdings in Elastic (NYSE:ESTC)
Versant Capital Management Inc grew its position in Elastic (NYSE:ESTC - Free Report) by 2,814.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,293 shares of the company's stock af
Elastic stock logo
4,600 Shares in Elastic (NYSE:ESTC) Acquired by Jefferies Financial Group Inc.
Jefferies Financial Group Inc. acquired a new position in Elastic (NYSE:ESTC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,600 shares of the company's stock, valued at approximately $456,000. A number of other
Elastic stock logo
Tidal Investments LLC Sells 6,659 Shares of Elastic (NYSE:ESTC)
Tidal Investments LLC trimmed its holdings in Elastic (NYSE:ESTC - Free Report) by 67.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,148 shares of the company's stock after selling 6,659 shares during the quarter. Tidal I
Elastic stock logo
Elastic (NYSE:ESTC) Announces Earnings Results
Elastic (NYSE:ESTC - Get Free Report) posted its earnings results on Thursday. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by ($0.42). Elastic had a net margin of 4.39% and a negative return on equity of 13.20%.
Elastic stock logo
Elastic (NYSE:ESTC) Updates Q1 2026 Earnings Guidance
Elastic (NYSE:ESTC) updated its first quarter 2026 earnings guidance. The company provided EPS guidance of 0.410-0.43 for the period, compared to the consensus estimate of 0.420. The company also issued revenue guidance of $396.0 millionillion-$398.0 millionillion, compared to the consensus estimate of $395.1 millionillion.
Elastic stock logo
Elastic (NYSE:ESTC) Issues FY 2026 Earnings Guidance
Elastic (NYSE:ESTC) updated its FY 2026 earnings guidance. The company provided EPS guidance of 2.240-2.32 for the period, compared to the consensus estimate of 2.080. The company also issued revenue guidance of $1.7 billionillion-$1.7 billionillion, compared to the consensus estimate of $1.7 billionillion.
Elastic stock logo
Robert W. Baird Issues Pessimistic Forecast for Elastic (NYSE:ESTC) Stock Price
Robert W. Baird cut their target price on shares of Elastic from $125.00 to $115.00 and set an "outperform" rating on the stock in a research note on Friday.
Elastic stock logo
Elastic (NYSE:ESTC) Given New $112.00 Price Target at Stifel Nicolaus
Stifel Nicolaus lowered their price objective on Elastic from $140.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday.
Elastic stock logo
Elastic (NYSE:ESTC) Given New $120.00 Price Target at Piper Sandler
Piper Sandler reduced their price objective on shares of Elastic from $135.00 to $120.00 and set an "overweight" rating for the company in a research note on Friday.
Elastic stock logo
Barclays Issues Pessimistic Forecast for Elastic (NYSE:ESTC) Stock Price
Barclays decreased their price objective on Elastic from $124.00 to $105.00 and set an "overweight" rating on the stock in a report on Friday.
Elastic stock logo
Scotiabank Issues Pessimistic Forecast for Elastic (NYSE:ESTC) Stock Price
Scotiabank decreased their price target on Elastic from $137.00 to $95.00 and set a "sector outperform" rating for the company in a report on Friday.
Elastic stock logo
Elastic (NYSE:ESTC) Price Target Cut to $110.00 by Analysts at JPMorgan Chase & Co.
JPMorgan Chase & Co. lowered their price objective on shares of Elastic from $120.00 to $110.00 and set an "overweight" rating for the company in a report on Friday.
Get Elastic News Delivered to You Automatically

Sign up to receive the latest news and ratings for ESTC and its competitors with MarketBeat's FREE daily newsletter.

ESTC Media Mentions By Week

ESTC Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

ESTC
News Sentiment

0.75

0.82

Average
Computer and Technology
News Sentiment

ESTC News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

ESTC Articles
This Week

43

20

ESTC Articles
Average Week

Get Elastic News Delivered to You Automatically

Sign up to receive the latest news and ratings for ESTC and its competitors with MarketBeat's FREE daily newsletter.


Related Companies and Tools


This page (NYSE:ESTC) was last updated on 6/14/2025 by MarketBeat.com Staff
From Our Partners