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Elastic (DE:3E1)
FRANKFURT:3E1
Elastic (3E1) Stock Price & Analysis
2 Followers
3E1 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€53.10 - €125.00
Previous Close€112.05
Volume0.00
Average Volume (3M)40.00
Market Cap
€11.04B
Enterprise Value€10.59B
Total Cash (Recent Filing)$1.08B
Total Debt (Recent Filing)$593.70M
Price to Earnings (P/E)―
Beta0.81
Next Earnings
Aug 22, 2024EPS Estimate
€0.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding101,715,185
10 Day Avg. Volume20
30 Day Avg. Volume40
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)27.80
Price to Sales (P/S)30.74
Price to Cash Flow (P/CF)45.40
P/FCF Ratio41.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.36
Enterprise Value/Gross Profit11.30
Enterprise Value/Ebitda-183.19
Forecast
1Y Price Target
€119.65Price Target Upside10.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering20
Elastic News
Bulls Say, Bears Say
Bulls Say
GenAI CapabilitiesManagement noted that 145 out of the 1,330 customers that have spent over $100K are using the company's GenAI capabilities, with this group tripling on a Y/Y basis.
Product AdoptionHigh developer engagement and R&D investments and innovation should continue to drive long-term growth.
Revenue GrowthElastic reported 4Q:FY24 revenue of $335.0 million, up 20%, beating the projection of $333.0 million.
Bears Say
Financial PerformanceThe company expects to incur net losses in future years.
Market CompetitionCompetition in the market is fierce, and there are concerns about the challenging economic environment ahead.
Revenue ImpactAlthough there is excitement about generative AI, the revenue impact is not expected to be significant in FY:25.
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Risk Analysis
Sorry, No Data AvailableWe currently provide Risk Factor analysis for U.S. stocks only.
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Website Traffic
The estimated number of people who visited one or more of the websites owned by Elastic
Desktop Users
Mobile Users
3E1 FAQ
What was Elastic’s price range in the past 12 months?
Elastic lowest stock price was €53.10 and its highest was €125.00 in the past 12 months.
What is Elastic’s market cap?
Currently, no data Available
When is Elastic’s upcoming earnings report date?
Elastic’s upcoming earnings report date is Aug 22, 2024 which is in 35 days.
How were Elastic’s earnings last quarter?
Elastic released its earnings results on May 30, 2024. The company reported €0.193 earnings per share for the quarter, beating the consensus estimate of €0.18 by €0.013.
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 €0.23.
How many shares outstanding does Elastic have?
Elastic has 101,715,190 shares outstanding.
What happened to Elastic’s price movement after its last earnings report?
Elastic reported an EPS of €0.193 in its last earnings report, beating expectations of €0.18. Following the earnings report the stock price went up 0.325%.
Which hedge fund is a major shareholder of Elastic?
Among the largest hedge funds holding Elastic’s share is Tiger Global Management LLC. It holds Elastic’s shares valued at 169M.
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Elastic Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€119.65 (10.73% Upside)
€119.65 (10.73% Upside)
Blogger Sentiment
Bullish
DE:3E1 Sentiment 92%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth $48.1M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
69.45%
12-Months-Change
Fundamentals
Return on Equity
10.86%
Trailing 12-Months
Asset Growth
28.63%
Trailing 12-Months
Company Description
Elastic
Elastic NV engages in the provision of open source search and analytics engine services. It offers Elastic Stack, which is a set of software products that ingest and store data from any source, in any format, and perform search, analysis, and visualization. The company was founded by Shay Banon, Uri Boness, Steven Schuurman, and Simon Willnauer on February 9, 2012 and is headquartered in Mountain View, CA.
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3E1 Company Deck
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3E1 Earnings Call
Q4 2024
0:00 / 0:00
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3E1 Stock 12 Month Forecast
Average Price Target
€119.65
▲(10.73% Upside)
Technical Analysis
Best Analysts Covering 3E1
1 Year
1 Year Success Rate
10/14 ratings generated profit
1 Year Average Return
+23.39%
reiterated a buy rating 2 months ago
Copying Joel Fishbein's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +23.39% per trade.
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