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Elastic (ESTC)
NYSE:ESTC
Elastic (ESTC) Stock Price & Analysis
1,671 Followers
ESTC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$57.38 - $136.06
Previous Close$114.87
Volume918.07K
Average Volume (3M)1.20M
Market Cap
$11.68B
Enterprise Value$11.19B
Total Cash (Recent Filing)$1.08B
Total Debt (Recent Filing)$593.70M
Price to Earnings (P/E)215.0
Beta1.71
Next Earnings
Aug 22, 2024EPS Estimate
$0.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.53
Shares Outstanding101,715,185
10 Day Avg. Volume1,116,958
30 Day Avg. Volume1,204,776
Standard Deviation0.15
R-Squared0.10
Alpha0.00395
Financial Highlights & Ratios
Price to Book (P/B)27.80
Price to Sales (P/S)33.05
Price to Cash Flow (P/CF)45.40
P/FCF Ratio41.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.83
Enterprise Value/Gross Profit11.94
Enterprise Value/Ebitda-193.55
Forecast
1Y Price Target
$130.44Price Target Upside13.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering20
Elastic News
PremiumThe Fly
Elastic rises 13.8%Bulls Say, Bears Say
Bulls Say
AI CapabilitiesGenAI features are seeing growing adoption among major customers, signaling future revenue potential.
Customer 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%, that beat 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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Ownership Overview
Currently, No data available
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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 $57.38 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 Aug 22, 2024 which is in 45 days.
How were Elastic’s earnings last quarter?
Elastic released its earnings results on May 30, 2024. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.196 by $0.014.
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 $0.25.
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 $0.21 in its last earnings report, beating expectations of $0.196. Following the earnings report the stock price went up 11.666%.
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:
$130.44 (13.55% Upside)
$130.44 (13.55% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 92%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 729.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $48.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days <0.1%
Last 30 Days >0.1%
Last 30 Days >0.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
77.59%
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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ESTC Company Deck
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ESTC Earnings Call
Q4 2024
0:00 / 0:00
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ESTC Stock 12 Month Forecast
Average Price Target
$130.44
▲(13.55% Upside)
Technical Analysis
Best Analysts Covering ESTC
1 Year
1 Year Success Rate
15/23 ratings generated profit
1 Year Average Return
+29.28%
reiterated a buy rating last month
Copying Matthew Hedberg's trades and holding each position for 1 Year would result in 65.22% of your transactions generating a profit, with an average return of +29.28% per trade.
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