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Elastic (ESTC)
NYSE:ESTC
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ESTC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$69.00 - $136.06
Previous Close$103.63
Volume1.86M
Average Volume (3M)1.39M
Market Cap
$10.75B
Enterprise Value$10.14B
Total Cash (Recent Filing)$1.20B
Total Debt (Recent Filing)$589.31M
Price to Earnings (P/E)187.8
Beta1.63
Next Earnings
Feb 27, 2025EPS Estimate
$0.47Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.55
Shares Outstanding103,631,586
10 Day Avg. Volume1,611,181
30 Day Avg. Volume1,386,725
Standard Deviation0.16
R-Squared0.11
Alpha0.00490
Financial Highlights & Ratios
Price to Book (P/B)13.23
Price to Sales (P/S)7.81
Price to Cash Flow (P/CF)70.00
P/FCF Ratio20.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.37
Enterprise Value/Gross Profit10.82
Enterprise Value/Ebitda-214.68
Forecast
1Y Price Target
$131.58Price Target Upside26.97% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering23
Elastic News
PremiumStock Analysis & Ideas
Morgan Stanley Says GenAI’s Momentum Could Lift These 2 Stocks Higher
Bulls Say, Bears Say
Bulls Say
Financial PerformanceElastic reported 2Q:FY25 revenue that beat projections and delivered higher than expected earnings per share and operating margins.
Market PositioningElastic's core search end market is poised to accelerate as customers modernize search experiences and are early in bringing GenAI to their apps.
Product InnovationElastic announced the Elastic AI Ecosystem, designed to help customers accelerate the development of generative AI applications.
Bears Say
Competitive EnvironmentThe competitive environment is significantly more competitive now compared to 3-6 months ago, impacting the US practice of a longtime ESTC partner.
Management And LeadershipThe CFO transition adds uncertainty, as CFO and COO Janesh Moorjani is stepping down and will be replaced by Eric Prengel as interim CFO while the company searches for a replacement.
Revenue GrowthCloud revenue visibility remains low, with concerns over the impact of Q1 commitment shortfalls on future revenues.
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Ownership Overview
13.97% Insiders
26.42% Mutual Funds
34.09% Other Institutional Investors
12.80% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Elastic
Desktop Users
Mobile Users
ESTC FAQ
What was Elastic’s price range in the past 12 months?
Elastic lowest stock price was $69.00 and its highest was $136.06 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 Feb 27, 2025 which is in 68 days.
How were Elastic’s earnings last quarter?
Elastic released its earnings results on Nov 21, 2024. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.382 by $0.208.
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 $0.47.
How many shares outstanding does Elastic have?
Elastic has 103,631,584 shares outstanding.
What happened to Elastic’s price movement after its last earnings report?
Elastic reported an EPS of $0.59 in its last earnings report, beating expectations of $0.382. Following the earnings report the stock price went up 14.767%.
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 130M.
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Elastic Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$131.58 (26.97% Upside)
$131.58 (26.97% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 184.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $301.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 71.4%
Last 30 Days ▲ 71.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.93%
12-Months-Change
Fundamentals
Return on Equity
9.53%
Trailing 12-Months
Asset Growth
26.95%
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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ESTC Company Deck
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ESTC Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Elastic reported strong Q2 performance with significant revenue growth and increased customer commitments, particularly in cloud and generative AI solutions. However, the company faces some challenges from the Q1 shortfall and currency headwinds, which may affect future growth. Despite these challenges, the overall performance and prospects appear positive.Read More>---
ESTC Stock 12 Month Forecast
Average Price Target
$131.58
▲(26.97% Upside)
Technical Analysis
Best Analysts Covering ESTC
1 Year
1 Year Success Rate
13/17 ratings generated profit
1 Year Average Return
+29.10%
reiterated a buy rating 27 days ago
Copying Raimo Lenschow's trades and holding each position for 1 Year would result in 76.47% of your transactions generating a profit, with an average return of +29.10% per trade.
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