New insider activity at Elastic ( (ESTC) ) has taken place on September 8, 2025.
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CTO Shay Banon recently sold 200,000 shares of Elastic stock, amounting to a significant transaction worth $17,059,932.
Recent Updates on ESTC stock
Elastic N.V. reported strong Q1 earnings with significant revenue growth, driven by the adoption of AI technologies and competitive gains in the security sector. The company exceeded revenue expectations with a 20% growth, attributed to both cloud and self-managed offerings. Analysts have raised price targets for Elastic, citing the company’s robust start to the fiscal year, solid traction in generative AI, security displacements, and a small price increase. Despite challenges in the U.S. public sector and a complex macroeconomic environment, Elastic remains optimistic, raising its fiscal 2026 revenue guidance. The stability in risk factors and recognition as a leader in security analytics further support the positive outlook.
Spark’s Take on ESTC Stock
According to Spark, TipRanks’ AI Analyst, ESTC is a Neutral.
Elastic’s strong earnings call performance and positive technical indicators are the primary drivers of its stock score. However, challenges in profitability and valuation metrics, such as a negative P/E ratio, weigh on the overall score. The company’s strategic focus on AI and platform consolidation supports its growth outlook, but ongoing challenges in the U.S. public sector present risks.
To see Spark’s full report on ESTC stock, click here.
More about Elastic
YTD Price Performance: -12.50%
Average Trading Volume: 1,782,531
Technical Sentiment Signal: Sell
Current Market Cap: $9.21B