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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)2.78M
Market Cap
$9.64B
Enterprise Value$6.02K
Total Cash (Recent Filing)$1.46B
Total Debt (Recent Filing)$595.77M
Price to Earnings (P/E)24.5
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. Volume3,838,543
30 Day Avg. Volume2,777,868
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$109.91Price Target Upside38.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering25
EPS Forecast (FY)3.36
Revenue Forecast (FY)$2.01B
Bulls Say, Bears Say
Bulls Say
Recurring Revenue And BacklogRecurring subscription economics are reinforced by strong constant-currency subscription growth and expanding contracted backlog, while raised FY27 targets provide demand visibility. A growing contracted base supports revenue predictability and enables continued investment across cloud, search, observability, and security.
Profitability, Cash Flow, And Balance SheetElastic's improvement from losses to strong recent profitability is paired with substantial cash generation, while free cash flow closely tracks operating cash flow. Much lower leverage and expanded equity improve resilience and funding flexibility as the company scales its platform and pursues growth.
AI Adoption And Platform BreadthRising AI adoption among large customers strengthens Elastic's strategic relevance as enterprise workloads require searchable, trusted data and operational context. The platform's expanding AI use cases can support cross-selling and customer expansion across search, observability, and cybersecurity.
Bears Say
Decelerating Growth And Mixed Operating ProfitAlthough Elastic has achieved meaningful scale and improved net profitability, slower recent growth and slightly negative EBIT indicate that operating leverage is not yet fully established. Persistent gaps between EBITDA and EBIT could limit the durability of reported earnings and constrain margin expansion.
Cloud Consumption VariabilityElastic Cloud's consumption-based model can make revenue conversion and near-term planning less predictable when customer usage fluctuates. Even with improving annual cloud growth, uneven monthly consumption may create volatility in reported growth, resource planning, and the timing of expansion within customer accounts.
Workforce Restructuring And Leadership TransitionA sizable workforce reduction and recent product leadership departure create execution risk during an important AI-focused transition. Realigning teams may improve efficiency over time, but near-term disruption, lost expertise, and slower delivery could weaken innovation or customer execution before benefits are realized.
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 $9.64B.
When is Elastic’s upcoming earnings report date?
Elastic’s upcoming earnings report date is Dec 02, 2026 which is in 84 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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$109.91 (38.69% Upside)
$109.91 (38.69% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 67%
Sector Average 60%
Sector Average 60%
Hedge Fund Trend
Decreased
By 166.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $72.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.9%
Last 30 Days ▲ 8.1%
Last 30 Days ▲ 8.1%
News Sentiment
Very Bullish
Bullish news 86%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-4.20%
12-Months-Change
Fundamentals
Return on Equity
―
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
$109.91
▲(38.69% Upside)
Technical Analysis
Ownership Overview
7.11% Insiders
15.90% Mutual Funds
15.94% Other Institutional Investors
38.89% Public Companies and
Individual Investors