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Elastic NYSE:ESTC Stock Report

Last Price

US$113.11

Market Cap

US$10.9b

7D

21.4%

1Y

65.3%

Updated

06 Jun, 2024

Data

Company Financials +

ESTC Stock Overview

A data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments.

ESTC fundamental analysis
Snowflake Score
Valuation0/6
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$113.11
52 Week HighUS$136.06
52 Week LowUS$57.38
Beta0.92
1 Month Change5.76%
3 Month Change6.98%
1 Year Change65.27%
3 Year Change-16.27%
5 Year Change50.21%
Change since IPO61.59%

Recent News & Updates

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

Recent updates

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)

Elastic: Q4 2023 Earnings Review

Jun 02

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

May 13
Is Now An Opportune Moment To Examine Elastic N.V. (NYSE:ESTC)?

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

Apr 03
Health Check: How Prudently Does Elastic (NYSE:ESTC) Use Debt?

Elastic hires new marketing chief

Feb 14

Should You Investigate Elastic N.V. (NYSE:ESTC) At US$62.64?

Feb 09
Should You Investigate Elastic N.V. (NYSE:ESTC) At US$62.64?

Elastic: Potential Acquisition Target

Jan 27

A Look At The Intrinsic Value Of Elastic N.V. (NYSE:ESTC)

Dec 28
A Look At The Intrinsic Value Of Elastic N.V. (NYSE:ESTC)

Elastic: The Potential Spring Back Is Getting Very Large

Dec 20

Elastic Q2 Earnings: Important Message On The Current Economic Downturn For Everyone

Dec 09

Is Elastic (NYSE:ESTC) Using Debt Sensibly?

Dec 07
Is Elastic (NYSE:ESTC) Using Debt Sensibly?

Shareholder Returns

ESTCUS SoftwareUS Market
7D21.4%-2.0%1.4%
1Y65.3%26.8%23.1%

Return vs Industry: ESTC exceeded the US Software industry which returned 26.8% over the past year.

Return vs Market: ESTC exceeded the US Market which returned 23.1% over the past year.

Price Volatility

Is ESTC's price volatile compared to industry and market?
ESTC volatility
ESTC Average Weekly Movement5.9%
Software Industry Average Movement7.2%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
20123,161Ash Kulkarniwww.elastic.co

Elastic N.V., a data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments. 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 distributed, real-time search and analytics 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; Elastic Agent that offers integrated host protection and central management services; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems from a multitude of sources simultaneously.

Elastic N.V. Fundamentals Summary

How do Elastic's earnings and revenue compare to its market cap?
ESTC fundamental statistics
Market capUS$10.90b
Earnings (TTM)US$61.72m
Revenue (TTM)US$1.27b

186.4x

P/E Ratio

9.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ESTC income statement (TTM)
RevenueUS$1.27b
Cost of RevenueUS$330.08m
Gross ProfitUS$937.24m
Other ExpensesUS$875.52m
EarningsUS$61.72m

Last Reported Earnings

Apr 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin73.95%
Net Profit Margin4.87%
Debt/Equity Ratio77.0%

How did ESTC perform over the long term?

See historical performance and comparison
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