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Elastic N.V.

ESTC

Last
$98.28
Day
+3.2%
1y
+16.8%
5y
-33.1%
52w
-11.8%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-11-1940d
EMA 21
91.00
EMA 50
84.85
EMA 200
72.96
20d high
-3.4%
5y high
-49.8%
5y range
36th
Website · 3,834 employees · Netherlands

Positions held

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Score
50
Hold
swing
Signal
Strong Buy
Target
$104.77
Stop
$90.51
Stop distance
7.9%
Target vs last
+6.6%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Elastic N.V. operates in a growing software application market, with increasing demand for data search and analytics solutions, positioning it well against competitors.
  • Revenue increased by 6% compared to the prior quarter, reaching $478 million.
  • The company has a strong gross margin of 74.5%, indicating efficient cost management.
Bear case
  • Despite revenue growth, Elastic has faced challenges with negative operating margins, reflecting operational inefficiencies.
  • The operating margin for the latest quarter was -0.8%, showing a continued struggle to achieve profitability.
  • Net income was negative at -16.7 million for the most recent quarter, highlighting ongoing financial pressures.

Fundamentals

Market cap$10.00BEnterprise value$9.14BTrailing P/E27.22Forward P/E24.09
PEG1.37Price / book7.72Beta1.04Dividend yield0.00%
Revenue growth15.1%Earnings growth—Gross margin75.6%Operating margin-0.6%
Profit margin20.8%ROE33.1%ROA-0.6%Debt / equity0.46
Current ratio1.81Free cash flow$504.32MAnalyst recommendationbuyMean target$110.69
52w high$108.0052w low$42.05

Quarterly

2026-Q32026-Q22026-Q12025-Q42025-Q3
Revenue$478M$451M$450M$423M$415M
Op margin-0.8%-3.6%0.1%-1.9%-2.3%
Net income-$16.7M$436M$7.8M-$51.3M-$24.6M
Gross margin74.5%75.4%76.3%75.9%76.7%
Gross profit$356M$340M$343M$321M$319M
Operating income-$3.7M-$16.4M$0.6M-$8.2M-$9.4M
  • Revenue +6% vs prior quarter ($478M vs $451M).
  • Gross margin 74.5% (was 75.4% prior quarter).
  • Operating margin expanded to -0.8%.

Yearly (6y)

2026202520242023
Revenue$1.7B$1.5B$1.3B$1.1B
Op margin-1.9%-3.7%-9.9%-17.6%
Net income$368M-$108M$61.7M-$236M
Gross margin76.1%74.4%74.0%72.3%
Gross profit$1.3B$1.1B$937M$772M
Operating income-$33.5M-$54.7M-$125M-$188M
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

ESTC · daily+6.8% over 13 sessions
Close EMA21 EMA50 EMA200
83.9287.7791.6195.4599.302026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$51M$81M$213M$346M$478M-4%37%77%2025-Q32025-Q42026-Q12026-Q22026-Q3