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Elastic NYSE:ESTC Stock Report

Last Price

US$100.36

Market Cap

US$10.4b

7D

2.4%

1Y

-17.9%

Updated

21 Jan, 2025

Data

Company Financials +

ESTC Stock Overview

A search artificial intelligence (AI) company, delivers hosted and managed solutions designed to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally. More details

ESTC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Elastic N.V. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Elastic
Historical stock prices
Current Share PriceUS$100.36
52 Week HighUS$136.06
52 Week LowUS$69.00
Beta1.06
1 Month Change-3.16%
3 Month Change29.31%
1 Year Change-17.89%
3 Year Change21.62%
5 Year Change52.08%
Change since IPO43.37%

Recent News & Updates

Is Elastic (NYSE:ESTC) Using Too Much Debt?

Jan 19
Is Elastic (NYSE:ESTC) Using Too Much Debt?

Elastic: Staying On The Sidelines For Now

Jan 04

Elastic N.V. (NYSE:ESTC) Shares Could Be 33% Below Their Intrinsic Value Estimate

Dec 29
Elastic N.V. (NYSE:ESTC) Shares Could Be 33% Below Their Intrinsic Value Estimate

Recent updates

Is Elastic (NYSE:ESTC) Using Too Much Debt?

Jan 19
Is Elastic (NYSE:ESTC) Using Too Much Debt?

Elastic: Staying On The Sidelines For Now

Jan 04

Elastic N.V. (NYSE:ESTC) Shares Could Be 33% Below Their Intrinsic Value Estimate

Dec 29
Elastic N.V. (NYSE:ESTC) Shares Could Be 33% Below Their Intrinsic Value Estimate

Elastic: Caution Is Warranted

Dec 11

Shareholders Will Be Pleased With The Quality of Elastic's (NYSE:ESTC) Earnings

Dec 07
Shareholders Will Be Pleased With The Quality of Elastic's (NYSE:ESTC) Earnings

Is Now An Opportune Moment To Examine Elastic N.V. (NYSE:ESTC)?

Nov 25
Is Now An Opportune Moment To Examine Elastic N.V. (NYSE:ESTC)?

Elastic Q2 Earnings: A Bullish Case For Growth And Profitability

Nov 22

Elastic N.V.'s (NYSE:ESTC) Shareholders Might Be Looking For Exit

Nov 04
Elastic N.V.'s (NYSE:ESTC) Shareholders Might Be Looking For Exit

Elastic: This Is A Dip Worth Buying (Rating Upgrade)

Oct 19

Elastic: Long-Term Opportunity And An Enhanced Strategy For Extra Income

Sep 25

Are Investors Undervaluing Elastic N.V. (NYSE:ESTC) By 35%?

Sep 22
Are Investors Undervaluing Elastic N.V. (NYSE:ESTC) By 35%?

Elastic: Is That Elusive Growth Inflection Within View?

Sep 18

Elastic Q1 Earnings: Stretched To Breaking (Rating Downgrade)

Aug 30

What Does Elastic N.V.'s (NYSE:ESTC) Share Price Indicate?

Aug 10
What Does Elastic N.V.'s (NYSE:ESTC) Share Price Indicate?

Elastic N.V. (NYSE:ESTC) Not Lagging Industry On Growth Or Pricing

Jul 19
Elastic N.V. (NYSE:ESTC) Not Lagging Industry On Growth Or Pricing

Elastic: Impressive Acceleration, But Strength Is Already Priced In

Jul 06

We Think Elastic's (NYSE:ESTC) Robust Earnings Are Conservative

Jun 07
We Think Elastic's (NYSE:ESTC) Robust Earnings Are Conservative

Elastic: Generative AI Opportunity Awaits

Jun 03

Elastic N.V. (NYSE:ESTC) Shares Could Be 25% Below Their Intrinsic Value Estimate

May 31
Elastic N.V. (NYSE:ESTC) Shares Could Be 25% Below Their Intrinsic Value Estimate

Health Check: How Prudently Does Elastic (NYSE:ESTC) Use Debt?

May 10
Health Check: How Prudently Does Elastic (NYSE:ESTC) Use Debt?

The Price Is Right For Elastic N.V. (NYSE:ESTC)

Apr 17
The Price Is Right For Elastic N.V. (NYSE:ESTC)

Elastic: Chasing The Narrative

Apr 01

When Should You Buy Elastic N.V. (NYSE:ESTC)?

Mar 27
When Should You Buy Elastic N.V. (NYSE:ESTC)?

Elastic: GenAI Tailwinds Will Take Awhile To Manifest; Valuation Is Already Full

Mar 04

Elastic: Expectations And Competition Intensify Before Earnings

Feb 23

Is Elastic (NYSE:ESTC) Using Debt In A Risky Way?

Feb 06
Is Elastic (NYSE:ESTC) Using Debt In A Risky Way?

Elastic's Bullish Turn: Anticipate 65% YoY Profitability Surge In 2025

Jan 12

Why Elastic's Recent Earnings Beat Doesn't Mean It's Time To Buy

Dec 15

Elastic: A Solid Buy For The Age Of Data Despite Premium Valuation

Nov 29

Elastic: Steady Investment In Unsteady Times

Nov 01

Elastic: Improved Sentiment May Not Be Justified

Oct 11

Shareholder Returns

ESTCUS SoftwareUS Market
7D2.4%3.7%3.1%
1Y-17.9%14.2%23.7%

Return vs Industry: ESTC underperformed the US Software industry which returned 14.2% over the past year.

Return vs Market: ESTC underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is ESTC's price volatile compared to industry and market?
ESTC volatility
ESTC Average Weekly Movement6.2%
Software Industry Average Movement8.2%
Market Average Movement6.5%
10% most volatile stocks in US Market18.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: ESTC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ESTC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20123,372Ash Kulkarniwww.elastic.co

Elastic N.V., a search artificial intelligence (AI) company, delivers hosted and managed solutions designed to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data. The company’s Elastic Stack product portfolio comprises Elasticsearch, a document store and search engine, and data store for various types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the Elastic Stack; Elasticsearch Relevance Engine, which combines AI with its text search to give developers a suite of retrieval algorithms and the ability to integrate with large language models; Elastic Agent that offers integrated host protection and central management solutions; Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems from a multitude of sources simultaneously; and Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash.

Elastic N.V. Fundamentals Summary

How do Elastic's earnings and revenue compare to its market cap?
ESTC fundamental statistics
Market capUS$10.40b
Earnings (TTM)US$60.35m
Revenue (TTM)US$1.38b

172.3x

P/E Ratio

7.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ESTC income statement (TTM)
RevenueUS$1.38b
Cost of RevenueUS$355.86m
Gross ProfitUS$1.02b
Other ExpensesUS$959.53m
EarningsUS$60.35m

Last Reported Earnings

Oct 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.58
Gross Margin74.13%
Net Profit Margin4.39%
Debt/Equity Ratio70.1%

How did ESTC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 22:44
End of Day Share Price 2025/01/21 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Elastic N.V. is covered by 31 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shrenik KothariBaird
Ishan MajumdarBaptista Research
Raimo LenschowBarclays