Elastic
ESTC
Market cap $8.89B

84.27 USD

-0.43

0.51%

At close Jul 11, 4:00 PM EDT

After hours

84.27

+0.00

0.00%

1 day

-0.51%

5 days

-2.99%

1 month

1.32%

3 months

5.56%

6 months

-12.24%

Year to date

-14.96%

1 year

-30.13%

5 years

-6.05%

10 years

20.39%

About: Elastic is a software company based in Mountain View, California, focusing on search-adjacent products. Its search engine allows it to process both structured and unstructured data while gleaning insights from that data. The firm's primary focus is on enterprise search, observability, and security.

Employees: 3,537

Technology Software - Application

0

Funds holding %

of 7,312 funds

0

Analysts bullish %

of 16 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

59% more repeat investments, than reductions

Existing positions increased: 185 | Existing positions reduced: 116

22% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 60

2.37% more ownership

Funds ownership: 81.29% [Q4 2024] → 83.66% (+2.37%) [Q1 2025]

1% more funds holding

Funds holding: 418 [Q4 2024] → 421 (+3) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 14 [Q4 2024] → 14 (+0) [Q1 2025]

10% less call options, than puts

Call options by funds: $73.2M | Put options by funds: $81.3M

7% less capital invested

Capital invested by funds: $8.35B [Q4 2024] → $7.78B (-$569M) [Q1 2025]

See Fund Rankings

Research analyst outlook

16 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$75

11%

downside

Avg. target

$109

29%

upside

High target

$130

54%

upside

16 analyst ratings

13 positive

81%

3 neutral

19%

0 negative

0%

Canaccord Genuity Kingsley Crane	31%upside $110	Buy Maintained	2 Jun 2025
Baird Shrenik Kothari	36%upside $115	Outperform Maintained	30 May 2025
Stifel Brad Reback	33%upside $112	Buy Maintained	30 May 2025
Piper Sandler Rob Owens	42%upside $120	Overweight Maintained	30 May 2025
Barclays Raimo Lenschow	25%upside $105	Overweight Maintained	30 May 2025

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about ESTC published over the past 30 days

Elastic Recognized as a Leader in 2025 Gartner® Magic Quadrant™ for Observability Platforms

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced it has been positioned by Gartner as a Leader in the Magic Quadrant for Observability Platforms for its offering, Elastic Observability. The evaluation was based on specific criteria that analyzed the company's overall Completeness of Vision and Ability to Execute. “Visibility alone isn't enough; customers need rapid context-rich insights to troubleshoot complex systems,” said Santosh Krishnan, general manage.

Elastic Recognized as a Leader in 2025 Gartner® Magic Quadrant™ for Observability Platforms

Elastic Cloud Hosted Achieves FedRAMP® High "In Process" Status

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced Elastic Cloud Hosted has achieved the Federal Risk and Authorization Management Program (FedRAMP) High "In Process" status on AWS GovCloud (US). This milestone reinforces Elastic's commitment to delivering secure and compliant solutions that support the U.S. Federal Government in safeguarding controlled unclassified information (CUI) and other sensitive, high-impact data across various mission-critical use ca.

Elastic Cloud Hosted Achieves FedRAMP® High "In Process" Status

Elastic Announces General Availability of Elastic Cloud Serverless on Microsoft Azure

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced the general availability of Elastic Cloud Serverless on Microsoft Azure. This release expands the reach of Elastic Cloud Serverless, giving developers more flexibility to deploy powerful generative AI, search, security, and observability workloads in the environments they already use. Built on Elastic's industry-first Search AI Lake architecture and leveraging Azure Blob Storage and Azure Kubernetes Service (.

Elastic Announces General Availability of Elastic Cloud Serverless on Microsoft Azure

Zacks Investment Research

Wall Street Analysts Believe Elastic (ESTC) Could Rally 35.65%: Here's is How to Trade

The mean of analysts' price targets for Elastic (ESTC) points to a 35.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Elastic (ESTC) Could Rally 35.65%: Here's is How to Trade

Elastic Recognized as a Leader in Security Analytics by Independent Research Firm

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced that it has been named a Leader by Forrester Research in The Forrester Wave™: Security Analytics Platforms, Q2 2025. Elastic ranked highest in the Federated Search criterion and received the highest possible scores across 14 criteria, including Artificial Intelligence, Analyst Experience, Investigation and Deployment options. According to Forrester Principal Analyst and report author Allie Mellen, “Elastic is.

Elastic Recognized as a Leader in Security Analytics by Independent Research Firm

Elastic Security Scores 100% in AV-Comparatives Business Security Test

SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced that Elastic Security achieved a score of 100% protection in the recent AV-Comparatives Business Security Test. Among the 17 cybersecurity vendors, Elastic Security was the only product to score 100% in both the Real-World Protection and Malware Protection Tests. The Real-World Protection Test simulates 220 real-world attack scenarios, including malicious websites, to evaluate a product's ability to safeguard.

Elastic Security Scores 100% in AV-Comparatives Business Security Test

Elastic: Potential To Soar At A Low Valuation, Despite Consistent Growth

Elastic stands out as a "growth at a reasonable price" investment with mid-teens growth, strong retention, and trades at under 5x revenue, making it attractive after a recent 15% pullback. Its valuation sits well below other 10-15% growth peers in enterprise software, such as Salesforce and Workday. Elastic's FY26 guidance is conservative, but historical outperformance and robust customer metrics suggest the market is overly pessimistic.

Elastic: Potential To Soar At A Low Valuation, Despite Consistent Growth

Zacks Investment Research

Wall Street Analysts See a 30.05% Upside in Elastic (ESTC): Can the Stock Really Move This High?

The mean of analysts' price targets for Elastic (ESTC) points to a 30.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 30.05% Upside in Elastic (ESTC): Can the Stock Really Move This High?

Elastic: Keys Growth Drivers Are Playing Out As Expected

I maintain my Buy rating on Elastic as valuation remains attractive, and growth drivers are accelerating, especially with GenAI adoption. Recent earnings show strong fundamentals: Elastic Cloud grew 23% y/y, and new strategic partnerships with AWS, NVIDIA, and Google expand market reach. Go-to-market execution has improved, with record-large customer additions and evidence that the GTM reset is now a tailwind for growth.

Elastic: Keys Growth Drivers Are Playing Out As Expected

Elastic, Gap, Regeneron Pharmaceuticals And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 0.1% on Friday.

Elastic, Gap, Regeneron Pharmaceuticals And Other Big Stocks Moving Lower In Friday's Pre-Market Session

See News Rankings

Charts implemented using Lightweight Charts™