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ESTC Stock Chart & Stats
$47.56
-$1.00(-1.01%)
At close: 4:00 PM EST
$47.56
-$1.00(-1.01%)
Day’s Range― - ―
52-Week Range$42.05 - $96.07
Previous CloseN/A
Volume256.83K
Average Volume (3M)1.81M
Market Cap
$6.40B
Enterprise Value$5.91B
Total Cash (Recent Filing)$1.37B
Total Debt (Recent Filing)$591.56M
Price to Earnings (P/E)17.4
Beta1.52
Next Earnings
Aug 27, 2026EPS Estimate
0.58Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.54
Shares Outstanding103,951,630
10 Day Avg. Volume1,657,316
30 Day Avg. Volume1,806,743
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 Cap0.92
Enterprise Value/Revenue3.40
Enterprise Value/Gross Profit4.47
Enterprise Value/Ebitda81.90
Forecast
1Y Price Target
$73.27Price Target Upside54.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
EPS Forecast (FY)3.24
Revenue Forecast (FY)$2.00B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow StrengthElastic's materially improved free cash flow and operating cash flow provide durable internal funding for R&D, cloud investments, and buybacks without reliance on new debt. Consistent positive FCF increases strategic optionality, reduces refinancing risk, and supports margin durability over multiple quarters.
Stronger Balance Sheet / Low LeverageA sharply reduced debt load and higher equity base materially lower financial risk and free up capital for targeted investments or M&A. Sustained low leverage enhances resilience to demand shocks and preserves the company's ability to invest in product and go‑to‑market initiatives over the medium term.
Recurring Revenue And Growing Contract BacklogRising CRPO/RPO and multi‑year commitments increase forward revenue visibility from subscription contracts. A larger, longer-duration backlog supports predictable conversion into future ARR, underpins subscription expansion, and bolsters margin expansion as fixed costs scale with recurring revenue.
Bears Say
Operating Profitability InconsistencyElastic has improved net income, but operating results remain inconsistent and near breakeven, leaving margin progress dependent on sustained cost control and revenue mix. Durably converting gross margin strength into stable operating profit requires repeatable execution across sales and product investments.
Execution Risk From Restructuring & Leadership ChangeWorkforce reductions and the CPO resignation introduce execution and product‑leadership risk during a strategic AI pivot. Reorgs can slow development cadence and complicate roadmap delivery; long‑term product differentiation and sales momentum depend on rapid, stable leadership and minimal disruption.
Cloud Mix Delays Revenue RecognitionShifting revenue mix toward longer‑duration cloud commitments improves lifetime value but delays in‑period recognition make near‑term reported growth lumpy. Sustainable topline acceleration depends on converting backlog and ramping sales execution, creating execution and timing risk for multi‑quarter growth.
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 $96.06 in the past 12 months.
What is Elastic’s market cap?
Elastic’s market cap is $6.40B.
When is Elastic’s upcoming earnings report date?
Elastic’s upcoming earnings report date is Aug 27, 2026 which is in 38 days.
How were Elastic’s earnings last quarter?
Elastic released its earnings results on May 28, 2026. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.563 by $0.047.
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 0.58.
How many shares outstanding does Elastic have?
Elastic has 103,951,630 shares outstanding.
What happened to Elastic’s price movement after its last earnings report?
Elastic reported an EPS of $0.61 in its last earnings report, beating expectations of $0.563. Following the earnings report the stock price went up 12.307%.
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
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$73.27 (54.06% Upside)
$73.27 (54.06% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 1.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-28.63%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
21.59%
Trailing 12-Months
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 Stock 12 Month Forecast
Average Price Target
$73.27
▲(54.06% Upside)
Technical Analysis
Ownership Overview
7.93% Insiders
16.06% Mutual Funds
0.92% Other Institutional Investors
54.66% Public Companies and
Individual Investors