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ESTC Stock Chart & Stats
$79.25
$2.56(4.36%)
At close: 4:00 PM EDT
$79.25
$2.56(4.36%)
Day’s Range― - ―
52-Week Range$42.05 - $108.00
Previous CloseN/A
Volume1.40M
Average Volume (3M)1.90M
Market Cap
$10.03B
Enterprise Value$6.02B
Total Cash (Recent Filing)$1.46B
Total Debt (Recent Filing)$595.77M
Price to Earnings (P/E)25.4
Beta1.59
Next Earnings
Dec 02, 2026EPS Estimate
0.81Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.61
Shares Outstanding104,991,280
10 Day Avg. Volume2,010,932
30 Day Avg. Volume1,897,323
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)3.83
Price to Sales (P/S)2.81
P/FCF Ratio15.20
Enterprise Value/Market Cap0.60
Enterprise Value/Revenue3.34
Enterprise Value/Gross Profit4.42
Enterprise Value/Ebitda93.34
Forecast
1Y Price Target
$111.64Price Target Upside40.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
EPS Forecast (FY)3.36
Revenue Forecast (FY)$2.01B
Bulls Say, Bears Say
Bulls Say
Recurring Subscription ModelElastic’s subscription-led model creates recurring customer revenue across cloud and self-managed deployments. Usage-based cloud pricing can expand as data volumes and workload intensity rise, while enterprise support and proprietary features deepen retention and provide multiple avenues for durable account growth.
Revenue Growth And Cash GenerationThe multi-year revenue increase demonstrates meaningful platform adoption, while the sharp improvement in profitability and free cash flow indicates stronger economic quality. Continued cash generation gives Elastic greater capacity to fund product development, support customers, and reinforce its competitive position.
Backlog And Enterprise ExpansionStrong CRPO and RPO growth provides forward visibility into subscription revenue, while expansion of the high-value customer base supports account durability. Larger enterprise relationships can create broader cross-selling opportunities across search, observability, security, and AI workloads.
Bears Say
Mixed Operating ProfitabilityRecent net profitability and positive EBITDA have not yet translated into consistently positive EBIT, leaving uncertainty about the durability of the core operating cost structure. Sustained improvement at the operating line remains important for demonstrating that earnings quality is not dependent on adjustments or below-the-line benefits.
Growth And Expansion ModerationA lower expansion rate can signal that existing customers are increasing spending more slowly, which may constrain efficient growth because expansion is typically an important recurring revenue driver. Management expects improvement, but the recent decline remains a factor to monitor over coming quarters.
Cloud Consumption VariabilityConsumption-based cloud revenue can scale well with customer usage but may also fluctuate when workloads or data volumes change. Recent flat monthly metrics introduce uncertainty around the pace and consistency of cloud expansion, potentially making near-term revenue realization less predictable.
Elastic News
ESTC FAQ
What was Elastic’s price range in the past 12 months?
Elastic lowest stock price was $42.05 and its highest was $108.00 in the past 12 months.
What is Elastic’s market cap?
Elastic’s market cap is $10.03B.
When is Elastic’s upcoming earnings report date?
Elastic’s upcoming earnings report date is Dec 02, 2026 which is in 43 days.
How were Elastic’s earnings last quarter?
Elastic released its earnings results on Aug 27, 2026. The company reported $0.7 earnings per share for the quarter, beating the consensus estimate of $0.584 by $0.116.
Is Elastic overvalued?
According to Wall Street analysts Elastic’s price is currently Undervalued.
Does Elastic pay dividends?
Elastic does not currently pay dividends.
What is Elastic’s EPS estimate?
Elastic’s EPS estimate is 0.81.
How many shares outstanding does Elastic have?
Elastic has 104,991,280 shares outstanding.
What happened to Elastic’s price movement after its last earnings report?
Elastic reported an EPS of $0.7 in its last earnings report, beating expectations of $0.584. Following the earnings report the stock price went up 19.31%.
Which hedge fund is a major shareholder of Elastic?
Currently, no hedge funds are holding shares in ESTC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Elastic Stock Smart Score
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$111.64 (40.87% Upside)
$111.64 (40.87% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 82%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 166.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $274.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 6.0%
Last 30 Days ▲ 6.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.55%
12-Months-Change
Fundamentals
Return on Equity
35.31%
Trailing 12-Months
Asset Growth
18.93%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Elastic
Elastic N.V., a company specializing in search technologies, furnishes advanced solutions engineered to operate across public, private, and multi-cloud environments. Its flagship offering is the Elastic Stack, a comprehensive software suite designed to acquire, store, search, analyze, and visually present data from a multitude of sources and formats. The Elastic Stack incorporates several core components: Elasticsearch: A powerful, distributed engine for real-time search and analytics, which also functions as a flexible data store for various types of information, including text, numerical values, geospatial coordinates, and both structured and unstructured datasets. Kibana: Serving as the intuitive user interface, management console, and configuration hub for the entire Elastic Stack. Beats: Lightweight, single-purpose data shippers designed to forward data from edge devices to either Elasticsearch or Logstash. Elastic Agent: Provides integrated host security and centralized management capabilities. Logstash: An adaptable data processing pipeline created for ingesting data into Elasticsearch or other compatible storage systems. Furthermore, Elastic delivers specialized software solutions leveraging the Elastic Stack to address specific use cases such, application search, internal workplace search, comprehensive logging, performance metrics collection, application performance management (APM), and proactive synthetic monitoring. The company's broader platform solutions introduce additional functionalities, enabling users to maximize the combined benefits of the Elastic Stack. Established in 2012, Elastic N.V. is headquartered in Mountain View, California.
ESTC Company Deck
ESTC Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented broad-based positive momentum: accelerated revenue growth, strong contract backlog (CRPO/RPO), expanding high-value customer cohort, rising AI adoption among large customers, product innovations (vector search, columnar mode, PromQL support) and strategic wins including public-sector migrations and acquisitions. Management raised full-year guidance and expects continued margin expansion and positive GAAP operating results. Headwinds are modest and largely one-time (restructuring charges) or expected lags (trailing NER, cloud consumption variability).View all ESTC earnings summariesESTC Stock 12 Month Forecast
Average Price Target
$111.64
▲(40.87% Upside)
Technical Analysis
Ownership Overview
9.28% Insiders
15.90% Mutual Funds
0.28% Other Institutional Investors
51.92% Public Companies and
Individual Investors