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Elastic NYSE:ESTC Stock Report

Last Price

US$88.27

Market Cap

US$9.1b

7D

-2.1%

1Y

14.3%

Updated

20 Nov, 2024

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
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health4/6
Dividends0/6

Elastic N.V. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Elastic
Historical stock prices
Current Share PriceUS$88.27
52 Week HighUS$136.06
52 Week LowUS$69.00
Beta0.94
11 Month Change9.72%
3 Month Change-16.39%
1 Year Change14.27%
33 Year Change-43.69%
5 Year Change10.37%
Change since IPO26.10%

Recent News & Updates

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

Recent updates

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

Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching

Nov 30
Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching

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

Nov 29

Elastic: Steady Investment In Unsteady Times

Nov 01

Is Elastic (NYSE:ESTC) Weighed On By Its Debt Load?

Oct 23
Is Elastic (NYSE:ESTC) Weighed On By Its Debt Load?

Elastic: Improved Sentiment May Not Be Justified

Oct 11

Is There An Opportunity With Elastic N.V.'s (NYSE:ESTC) 38% Undervaluation?

Oct 05
Is There An Opportunity With Elastic N.V.'s (NYSE:ESTC) 38% Undervaluation?

Elastic N.V. Can Ride The Wave Of Generative AI

Oct 01

Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching

Sep 01
Why Elastic N.V. (NYSE:ESTC) Could Be Worth Watching

Elastic Earnings: Growth Hurdles And Valuation Concerns

Sep 01

Is Elastic (NYSE:ESTC) Using Debt Sensibly?

Jul 24
Is Elastic (NYSE:ESTC) Using Debt Sensibly?

Elastic: Opportunity Is Vast

Jul 06

Estimating The Fair Value Of Elastic N.V. (NYSE:ESTC)

Jul 06
Estimating The Fair Value Of Elastic N.V. (NYSE:ESTC)

Shareholder Returns

ESTCUS SoftwareUS Market
7D-2.1%-1.4%-1.2%
1Y14.3%24.1%30.4%

Return vs Industry: ESTC underperformed the US Software industry which returned 24.1% over the past year.

Return vs Market: ESTC underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is ESTC's price volatile compared to industry and market?
ESTC volatility
ESTC Average Weekly Movement8.5%
Software Industry Average Movement7.3%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

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 (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20123,299Ash 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$9.07b
Earnings (TTM)US$61.00m
Revenue (TTM)US$1.32b

148.7x

P/E Ratio

6.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ESTC income statement (TTM)
RevenueUS$1.32b
Cost of RevenueUS$342.80m
Gross ProfitUS$978.19m
Other ExpensesUS$917.19m
EarningsUS$61.00m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

Nov 21, 2024

Earnings per share (EPS)0.59
Gross Margin74.05%
Net Profit Margin4.62%
Debt/Equity Ratio74.9%

How did ESTC perform over the long term?

See historical performance and comparison