Overview Rating

Good

Technicals Analysis

100

0100

Financials Analysis

0100

Elastic Stock (NYSE:ESTC), Quotes and News Summary

Q: What sector and industry does Elastic (ESTC) operate in?

Elastic is in the Technology sector and Software—Application industry. They are listed on the NYSE.

Elastic Stock (NYSE: ESTC) stock price, news, charts, stock research, profile.

Open	$105.800
Close	$106.050
Volume / Avg.	708.462K / 1.325M
Day Range	104.650 - 106.598
52 Wk Range	56.890 - 136.060
Market Cap	$10.691B
P/E Ratio	201.904
Dividend Yield	-
Exchange	NYSE
RSI	56
Short Interest	4%
Days to Cover	3.56

Recent News

'Initial Wave Of AI Software Growth' To Spur Microsoft, Salesforce, Palantir, MongoDB, Oracle, Snowflake, And Elastic, Says Analyst

Wedbush's Dan Ives predicts massive increase in AI spending by 2024, driving growth for tech giants like Microsoft, Salesforce, Palantir, and more.

Surbhi Jain

Elastic Reports Q3 Results: Analysts Weigh In

Elastic shares fell more than 10% following the print, and Truist analyst Joel P. Fishbein attributed the dip to investors' disappointment in SaaS growth. He noted that shareholders were looking for SaaS growth of more than 30% year-over-year, versus the 29.5% growth reported. Truist maintained its Buy rating and $140 price target on the stock.

Erica Kollmann

S&P 500, Nasdaq 100 Hit Record Highs As Dollar, Treasury Yields Weaken, Chipmakers Shine, NYCB Sinks: What's Driving Markets Friday?

March began on a high note on Wall Street, with tech stocks driving indices to record levels. Despite weak data and mixed Fed remarks, investors remain optimistic. Semiconductor industry continues to surge, while NYCB plummets due to internal control weakness. Gold also reaches all-time high. Major indices and tech sector perform well, while utilities lag behind. NetApp and Dominion Energy see significant stock movement.

Piero Cingari

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Analyst Trend

Nov 23

Dec 23

Jan

Feb

Mar

Buy

Hold

Sell

Strong Sell

Analyst Rating

3.3

Hold

Strong Buy

Buy

Hold

Sell

Strong Sell

Compare

EPS better than industry

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

EPS better than industry

FAQ

How do I buy Elastic (ESTC) stock?

You can purchase shares of Elastic (NYSE: ESTC) through any online brokerage.

View our list of the best stock brokerages.

Who are Elastic's (ESTC) competitors?

There are no as such competitors for Elastic.

What is the target price for Elastic (ESTC) stock?

The latest price target for Elastic (NYSE: ESTC) was reported by Goldman Sachs on Monday, March 4, 2024. The analyst firm set a price target for 106.00 expecting ESTC to fall to within 12 months (a possible -0.05% downside). 57 analyst firms have reported ratings in the last year.

Current Stock Price for Elastic (ESTC)?

The stock price for Elastic (NYSE: ESTC) is $106.05 last updated Today at May 10, 2024 at 4:00 PM EDT.

Does Elastic (ESTC) pay a dividend?

There are no upcoming dividends for Elastic.

When is Elastic (NYSE:ESTC) reporting earnings?

Elastic’s Q4 earnings are confirmed for Thursday, May 30, 2024.

Is Elastic (ESTC) going to split?

There is no upcoming split for Elastic.

What sector and industry does Elastic (ESTC) operate in?

Elastic is in the Technology sector and Software—Application industry. They are listed on the NYSE.