Elastic N.V. (ESTC)
| Market Cap | 11.10B |
| Revenue (ttm) | 1.21B |
| Net Income (ttm) | 56.09M |
| Shares Out | 100.81M |
| EPS (ttm) | 0.46 |
| PE Ratio | 239.36 |
| Forward PE | 101.86 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 216,368 |
| Open | 110.00 |
| Previous Close | 110.08 |
| Day's Range | 108.52 - 110.45 |
| 52-Week Range | 57.38 - 136.06 |
| Beta | 0.92 |
| Analysts | Buy |
| Price Target | 108.30 (-1.65%) |
| Earnings Date | May 30, 2024 |
About ESTC
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 ... [Read more]
Financial Performance
In 2023, Elastic's revenue was $1.07 billion, an increase of 23.96% compared to the previous year's $862.37 million. Losses were -$236.16 million, 15.9% more than in 2022.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for ESTC stock is "Buy." The 12-month stock price forecast is $108.3, which is a decrease of -1.65% from the latest price.
News
Elastic to Announce Fourth Quarter and Fiscal 2024 Earnings Results on Thursday, May 30, 2024
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the Search AI Company, announced that it will release its financial results for its fourth quarter and fiscal 2024 ended April 30, 202...
Elastic Announces First-of-its-kind Search AI Lake to Scale Low Latency Search
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced Search AI Lake, a first-of-its-kind, cloud-native architecture optimized for real-time, low-latency applica...
Red Hat and Elastic Fuel Retrieval Augmented Generation for GenAI Use Cases
DENVER - RED HAT SUMMIT 2024--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, and Elastic (NYSE: ESTC), the search artificial intelligence (AI) company, today an...
Elastic Security Labs Releases Guidance to Avoid LLM Risks and Abuses
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the leading Search AI company, announced LLM Safety Assessment: The Definitive Guide on Avoiding Risk and Abuses, the latest research issued by El...
Elastic changes the SIEM game with AI-driven security analytics
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced Search AI will replace the traditional SIEM with an AI-driven security analytics solution for the modern SOC. Pow...
Elastic Reports 8x Speed and 32x Efficiency Gains for Elasticsearch and Lucene Vector Database
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced new vector database performance gains with Elasticsearch and Apache Lucene, with up to 8x speed...
Elasticsearch Open Inference API Supports Cohere Rerank 3
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced the Elasticsearch open inference API supports Cohere's Rerank 3 model. As the first vector data...
Elastic Adds Support for Cohere High-Performance Embeddings
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced the Elasticsearch open Inference API now supports Cohere's text embedding models. This includes...
Elastic Announces 2023 Elastic Excellence Awards Winners
SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced the winners and honorees of its Elastic Excellence Awards. The awards celebrate or...
New Research from Elastic Finds Conversational Search Could Yield Staggering Productivity Returns
SAN FRANCISCO--(BUSINESS WIRE)--New research by Elastic (NYSE: ESTC), the company behind Elasticsearch®, found nearly all (99%) global IT decision makers, regardless of region or industry, recognize g...
Elastic (ESTC) CEO On 3Q Earnings
Elastic's (ESTC) 3Q adjusted EPS came in at $0.36 versus an estimated $0.31 and revenue came in at $328.00M versus an estimated $320.48M. CEO Ash Kulkarni joins Nicole Petallides to give an overview o...
Elastic Reports Third Quarter Fiscal 2024 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its third quarter of fiscal 2024 ended January 31, 2024. Third Quar...
Elastic to Present in Upcoming Investor Conference
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that its management will present at the Morgan Stanley Technology, Media & Telecom Confer...
Elastic to Announce Third Quarter Fiscal 2024 Earnings Results on Thursday, February 29, 2024
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that it will release its financial results for its third quarter fiscal 2024 ended Januar...
Elastic CEO on cloud demand, cybersecurity trends, and artificial intelligence
Elastic CEO Ashutosh Kulkarni discusses how his company is using AI for the cloud and cybersecurity markets.
Elastic Names Mark Dodds Chief Revenue Officer
SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced the appointment of Mark Dodds as chief revenue officer, effective immediately. Rep...
Elastic Stock Soars on Higher Guidance. AI Is Key for Success.
Shares were up more than 20% in early trading Friday.
Elastic Completes Acquisition of Opster
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced it has completed the acquisition of Opster, the creators of AutoOps and other tools...
Elastic Reports Second Quarter Fiscal 2024 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its second quarter of fiscal 2024 ended October 31, 2023. Second Qu...
Elastic to Announce Second Quarter Fiscal 2024 Earnings Results on Thursday, November 30, 2023
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that it will release its financial results for its second quarter fiscal 2024 ended Octob...
Elastic Announces Intent to Acquire Opster
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced an agreement to acquire Opster, the creators of AutoOps, a powerful platform that p...
Elastic Unveils Dedicated Query Language to Simplify Data Investigation
SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced Elasticsearch Query Language (ES|QL), its new piped query language designed to tra...
Elastic Global Threat Report 2023 Reveals Dominance of Ransomware
SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced its second Elastic Global Threat Report, issued by Elastic Security Labs. Based on...
Elastic Appoints Abhishek Singh as General Manager for Observability
SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Abhishek Singh as general manager for Observability. Singh will...
Paul Auvil Elected to Elastic's Board of Directors
SAN FRANCISCO--(BUSINESS WIRE)--Elastic® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced that its shareholders elected Paul Auvil to its board of directors at the 2023 ann...