ESTC - Elastic NV Stock Price, Fair Value and News

94.83USD-2.41 (-2.48%)Market Closed

Market Summary

USD94.83-2.41

Market Closed

-2.48%

ESTC Alerts

7 major insider sales recently.

Big jump in Earnings (Y/Y)

ESTC Stock Price

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ESTC RSI Chart

ESTC Valuation

Market Cap

9.6B

Price/Earnings (Trailing)

170.44

Price/Sales (Trailing)

7.89

EV/EBITDA

-102.62

Price/Free Cashflow

86.05

ESTC Price/Sales (Trailing)

ESTC Profitability

EBT Margin

-9.81%

Return on Equity

7.92%

Return on Assets

2.72%

Free Cashflow Yield

1.16%

ESTC Fundamentals

ESTC Revenue

Revenue (TTM)

1.2B

Rev. Growth (Yr)

19.45%

Rev. Growth (Qtr)

5.58%

ESTC Earnings

Earnings (TTM)

56.1M

Earnings Growth (Yr)

342.68%

Earnings Growth (Qtr)

810.29%

Breaking Down ESTC Revenue

Last 7 days

-3.5%

Last 30 days

-6.2%

Last 90 days

-18.7%

Trailing 12 Months

58.9%

How does ESTC drawdown profile look like?

ESTC Financial Health

Current Ratio

1.87

Debt/Equity

0.8

Debt/Cashflow

0.2

ESTC Investor Care

Shares Dilution (1Y)

4.47%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.2B	0	0	0
2023	1.0B	1.1B	1.1B	1.2B
2022	800.6M	862.4M	919.4M	977.8M
2021	554.5M	608.5M	672.7M	733.8M
2020	384.6M	427.6M	466.8M	510.6M
2019	240.6M	271.7M	304.7M	342.3M
2018	136.0M	159.9M	184.9M	211.5M
2017	0	88.2M	0	112.1M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Elastic NV

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 27, 2024	herzog carolyn	sold	-19,190	99.95	-192	chief legal officer
Mar 26, 2024	schuurman steven	sold	-79,495,100	97.54	-815,000	-
Mar 20, 2024	banon shay	sold	-2,030,410	101	-20,000	chief technology officer
Mar 19, 2024	banon shay	sold	-18,221,300	101	-180,000	chief technology officer
Mar 18, 2024	banon shay	sold	-10,172,800	101	-100,000	chief technology officer
Mar 12, 2024	banon shay	sold	-140,436	106	-1,322	chief technology officer
Mar 11, 2024	exner ken	sold	-261,195	103	-2,529	chief product officer
Mar 11, 2024	herzog carolyn	sold	-267,598	103	-2,591	chief legal officer
Mar 11, 2024	kulkarni ashutosh	sold	-1,629,550	103	-15,778	chief executive officer
Mar 11, 2024	moorjani janesh	sold	-569,589	103	-5,515	cfo & coo

Which funds bought or sold ESTC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	WASHINGTON CAPITAL MANAGEMENT, INC	reduced	-1.96	-73,570	501,200	0.41%
Apr 11, 2024	CATALYST PRIVATE WEALTH, LLC	sold off	-100	-207,706	-	-%
Apr 10, 2024	SOA Wealth Advisors, LLC.	unchanged	-	-312	2,506	-%
Apr 10, 2024	CVA Family Office, LLC	unchanged	-	-63.00	501	-%
Apr 09, 2024	Nalls Sherbakoff Group, LLC	reduced	-46.67	-317	902	-%
Apr 05, 2024	GAMMA Investing LLC	reduced	-42.99	-20,069	19,146	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	reduced	-55.96	-10,966,100	7,060,600	0.02%
Apr 05, 2024	CWM, LLC	added	352	1,676,000	2,231,000	0.01%
Mar 26, 2024	HighPoint Advisor Group LLC	new	-	285,000	285,000	0.02%
Mar 25, 2024	Quadrature Capital Ltd	added	138	8,057,370	11,553,200	0.21%

Are Funds Buying or Selling ESTC?

Are funds buying ESTC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ESTC

No. of Funds

Unveiling Elastic NV's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	banon shay	8.0%	7,995,282	SC 13G/A
Feb 14, 2024	schuurman steven	9.2%	9,197,000	SC 13G/A
Feb 13, 2024	vanguard group inc	8.60%	8,569,126	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 07, 2024	baillie gifford & co	10.20%	10,165,240	SC 13G/A
Feb 01, 2024	baillie gifford & co	7.79%	7,764,370	SC 13G/A
Jun 08, 2023	blackrock inc.	4.9%	4,742,386	SC 13G/A
Feb 14, 2023	schuurman steven	9.6%	9,197,000	SC 13G/A
Feb 14, 2023	banon shay	8.7%	8,330,215	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A

Recent SEC filings of Elastic NV

View All Filings

Date Filed	Form Type	Document
Mar 29, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 27, 2024	144	Notice of Insider Sale Intent
Mar 26, 2024	144	Notice of Insider Sale Intent
Mar 22, 2024	4	Insider Trading
Mar 20, 2024	144	Notice of Insider Sale Intent
Mar 20, 2024	4	Insider Trading
Mar 19, 2024	144	Notice of Insider Sale Intent
Mar 18, 2024	144	Notice of Insider Sale Intent
Mar 13, 2024	4	Insider Trading

Peers (Alternatives to Elastic NV)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	264.6B	34.9B	-7.34%	40.12%	63.96	7.59	11.18%	1888.46%
UBER	152.4B	37.3B	-3.54%	133.10%	80.75	4.09	16.95%	120.64%
ADSK	49.1B	5.3B	-9.66%	17.99%	53.58	9.19	9.15%	48.14%
ANSS	28.6B	2.3B	0.14%	3.42%	57.09	12.59	9.90%	-4.45%
ZM	18.0B	4.5B	-8.66%	-13.31%	28.26	3.98	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-2.61%	68.38%	2.8K	12.39	31.48%	103.97%
LYFT	6.9B	4.4B	4.41%	76.89%	-20.37	1.57	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-10.17%	37.04%	40.87	3.72	4.64%	44.42%
AI	2.5B	296.4M	-28.01%	-4.89%	-9.23	8.46	11.14%	-3.59%
AGYS	2.3B	228.1M	8.32%	-1.21%	25.94	9.93	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	191.8M	572.4M	-36.49%	-84.68%	-0.97	0.34	-19.38%	-489.49%
ASUR	183.6M	119.1M	-12.53%	-55.01%	-19.92	1.54	24.27%	36.31%
AEYE	154.8M	31.3M	51.31%	98.50%	-26.37	4.94	4.69%	43.72%

Elastic NV News

Latest updates

Elastic NV Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	5.6%	327,957	310,612	293,753	279,941	274,566	264,401	250,081	239,355	223,944	205,980	193,095	177,610	157,115	144,894	128,870	123,623	113,181	101,106	89,710	80,599	70,835
Gross Profit	5.5%	243,315	230,523	216,276	206,259	199,358	189,644	177,102	171,991	162,660	152,096	143,433	131,803	115,147	106,446	94,039	89,350	79,776	72,345	63,459	57,157	50,411
Operating Expenses	7.0%	269,719	252,062	252,523	246,415	268,705	238,672	237,743	231,613	208,509	189,271	174,467	168,880	149,608	134,867	123,558	123,924	122,044	124,306	105,761	89,242	74,197
S&GA Expenses	6.3%	141,621	133,230	133,169	123,635	126,717	128,179	125,006	118,603	105,069	94,953	88,033	82,165	71,087	64,474	56,151	58,180	54,829	54,020	52,011	45,044	37,196
R&D Expenses	8.9%	87,202	80,108	80,690	81,765	77,472	75,568	78,649	78,867	71,749	63,763	59,382	55,437	51,400	46,688	45,678	45,591	46,119	38,478	35,182	31,004	25,850
EBITDA Margin	35.9%	-0.08*	-0.12*	-0.14*	-0.17*	-0.21*	-0.20*	-0.21*	-0.19*	-0.18*	-0.18*	-0.18*	-0.18*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.3%	6,368	6,349	6,306	6,284	6,265	6,209	6,401	6,389	6,175	6,332	1,820	107	65.00	4.00	9.00	-2.00	-	1.00	1.00	2.00	5.00
Income Taxes	-3991.6%	-200,300	5,147	13,300	7,004	2,400	7,000	2,848	-3,311	3,841	2,900	2,700	5,544	1,100	653	400	-2,738	674	-300	398	3,454	-558
Earnings Before Taxes	-23.2%	-24,204	-19,649	-35,253	-39,760	-70,152	-40,262	-66,703	-68,895	-52,885	-44,173	-31,836	-37,737	-36,838	-28,505	-18,634	-33,887	-43,607	-50,277	-41,371	-31,381	-21,909
EBT Margin	31.1%	-0.10*	-0.14*	-0.17*	-0.20*	-0.24*	-0.23*	-0.25*	-0.23*	-0.21*	-0.21*	-0.20*	-0.20*	-	-	-	-	-	-	-	-	-
Net Income	810.3%	176,124	-24,796	-48,508	-46,731	-72,574	-47,305	-69,551	-65,610	-56,726	-47,023	-34,489	-43,301	-37,974	-29,158	-19,001	-31,151	-44,281	-49,973	-41,769	-34,835	-21,351
Net Income Margin	127.8%	0.05*	-0.17*	-0.19*	-0.22*	-0.25*	-0.24*	-0.26*	-0.24*	-0.23*	-0.22*	-0.22*	-0.21*	-	-	-	-	-	-	-	-	-
Free Cashflow	1663.0%	51,312	-3,283	37,180	25,890	6,973	10,299	-10,184	-4,548	4,818	-10,474	13,391	-2,745	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	17.1%	2,059	1,758	1,701	1,743	1,628	1,594	1,571	1,643	1,559	1,562	1,520	973	900	868	821	804	742	767	506	486	451
Current Assets	4.6%	1,362	1,302	1,240	1,274	1,165	1,123	1,100	1,164	1,093	1,110	1,180	637	574	544	498	480	419	433	417	430	402
Cash Equivalents	-10.6%	527	590	631	644	878	856	849	861	864	876	994	404	395	351	353	299	296	308	317	300	306
Net PPE	10.3%	6.00	5.00	5.00	5.00	4.00	6.00	6.00	7.00	7.00	8.00	8.00	9.00	9.00	8.00	8.00	8.00	8.00	8.00	6.00	5.00	5.00
Goodwill	5.3%	320	303	304	304	304	304	304	304	304	292	199	199	199	198	198	198	199	199	20.00	20.00	20.00
Liabilities	3.7%	1,351	1,303	1,290	1,345	1,243	1,203	1,177	1,227	1,127	1,112	1,064	522	444	425	389	390	323	334	251	223	179
Current Liabilities	6.0%	728	687	672	717	617	587	560	593	491	480	435	450	371	348	317	333	261	265	203	204	162
Long Term Debt	0.0%	568	568	568	568	567	567	567	567	566	566	566	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	55.5%	708	455	412	399	385	392	394	415	432	450	456	451	456	443	432	414	418	433	255	263	272
Retained Earnings	15.6%	-950	-1,126	-1,101	-1,053	-1,006	-934	-886	-817	-751	-694	-647	-613	-570	-532	-502	-484	-453	-408	-358	-317	-282
Additional Paid-In Capital	4.5%	1,676	1,605	1,533	1,472	1,411	1,352	1,300	1,250	1,198	1,153	1,113	1,072	1,034	986	946	899	872	844	615	581	556
Shares Outstanding	-100.0%	-	99.00	98.00	96.00	95.00	95.00	95.00	93.00	92.00	92.00	91.00	87.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	6,100	-	-	-	16,100	-	-	-	6,800	-	-	-	3,900	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	2294.8%	52,389	-2,387	37,812	27,555	7,170	10,642	-9,705	-3,050	5,054	-10,383	14,051	-1,565	19,401	-17,289	21,998	-5,933	-23,227	290	-1,694	-19,790	-8,697
Share Based Compensation	11.2%	62,762	56,455	-	55,413	54,456	47,287	46,883	43,641	37,393	29,982	30,178	28,375	25,227	21,487	18,591	17,232	15,588	14,416	12,771	11,927	11,111
Cashflow From Investing	-153.0%	-125,069	-49,442	-55,095	-271,933	-197	-343	-479	-2,203	-13,500	-109,934	-1,634	-106	-1,076	43.00	-379	-577	-1,007	-26,018	-1,585	-3,938	-1,187
Cashflow From Financing	-44.4%	8,847	15,911	3,843	5,237	4,510	4,327	3,397	8,870	6,660	7,806	578,791	9,704	22,324	15,978	29,252	10,841	11,024	16,591	20,083	14,983	-2,669
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	449	-

ESTC Income Statement

2024-01-31

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2024	Jan. 31, 2023
Revenue
Total revenue	$ 327,957	$ 274,566	$ 932,322	$ 789,048
Cost of revenue
Total cost of revenue	84,642	75,208	242,208	222,944
Gross profit	243,315	199,358	690,114	566,104
Operating expenses
Research and development	87,202	77,472	248,000	231,689
Sales and marketing	141,621	126,717	408,020	379,902
General and administrative	40,896	34,711	117,530	103,724
Restructuring and other related charges	0	29,805	754	29,805
Total operating expenses	269,719	268,705	774,304	745,120
Operating loss	(26,404)	(69,347)	(84,190)	(179,016)
Interest Expense	(6,368)	(6,265)	(19,023)	(18,875)
Other Nonoperating Income (Expense)	8,568	5,460	24,107	20,774
Loss before income taxes	(24,204)	(70,152)	(79,106)	(177,117)
(Benefit from) provision for income taxes	(200,328)	2,422	(181,926)	12,313
Net income (loss)	$ 176,124	$ (72,574)	$ 102,820	$ (189,430)
Net earnings (loss) per share attributable to ordinary shareholders
Basic (in dollars per share)	$ 1.76	$ (0.76)	$ 1.04	$ (1.99)
Diluted (in dollars per share)	$ 1.69	$ (0.76)	$ 1.00	$ (1.99)
Weighted-average shares used to compute net earnings (loss) per share attributable to ordinary shareholders
Basic (in shares)	100,282,179	96,052,025	99,099,210	95,327,131
Diluted (in shares)	104,503,290	96,052,025	103,149,384	95,327,131
Total subscription
Revenue
Total revenue	$ 307,632	$ 255,613	$ 865,622	$ 728,638
Cost of revenue
Total cost of revenue	63,976	56,146	181,238	164,798
Professional services
Revenue
Total revenue	20,325	18,953	66,700	60,410
Cost of revenue
Total cost of revenue	$ 20,666	$ 19,062	$ 60,970	$ 58,146

ESTC Balance Sheet

2024-01-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2024	Apr. 30, 2023
Current assets:
Cash and cash equivalents	$ 526,893	$ 644,167
Restricted cash	2,774	2,473
Marketable securities	488,133	271,041
Accounts receivable, net of allowance for credit losses of $3,865 and $3,409 as of January 31, 2024 and April 30, 2023, respectively	229,946	260,919
Deferred contract acquisition costs	68,937	55,813
Prepaid expenses and other current assets	45,440	39,867
Total current assets	1,362,123	1,274,280
Property and equipment, net	5,512	5,092
Goodwill	319,546	303,642
Operating lease right-of-use assets	23,088	19,997
Intangible assets, net	23,822	29,104
Deferred contract acquisition costs, non-current	100,389	95,879
Deferred tax assets	218,693	7,412
Other assets	5,749	8,076
Total assets	2,058,922	1,743,482
Current liabilities:
Accounts payable	10,935	35,151
Accrued expenses and other liabilities	64,835	63,532
Accrued compensation and benefits	78,049	76,483
Operating lease liabilities	12,788	12,749
Deferred revenue	561,665	528,704
Total current liabilities	728,272	716,619
Deferred revenue, non-current	23,521	34,248
Long-term debt, net	568,341	567,543
Operating lease liabilities, non-current	15,297	13,942
Other liabilities, non-current	15,654	12,233
Total liabilities	1,351,085	1,344,585
Commitments and contingencies (Notes 8 and 9)
Shareholders’ equity:
Preference shares, €0.01 par value; 165,000,000 shares authorized, 0 shares issued and outstanding as of January 31, 2024 and April 30, 2023	0	0
Ordinary shares, par value €0.01 per share: 165,000,000 shares authorized; 100,792,010 shares issued and outstanding as of January 31, 2024 and 97,366,947 shares issued and outstanding as of April 30, 2023	1,060	1,024
Treasury stock	(369)	(369)
Additional paid-in capital	1,676,493	1,471,584
Accumulated other comprehensive loss	(18,840)	(20,015)
Accumulated deficit	(950,507)	(1,053,327)
Total shareholders’ equity	707,837	398,897
Total liabilities and shareholders’ equity	$ 2,058,922	$ 1,743,482

About Elastic NV

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 unstructured; Kibana, a user interface, management, and configuration interface for the Elastic Stack; Elastic Agent that offers integrated host protection and central management services; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems from a multitude of sources simultaneously. It also provides software solutions on the Elastic Stack that address cases, including search applications, workplace search, logs, metrics, application performance monitoring, synthetic monitoring, security information and event management (SIEM), endpoint security, extended detection and response, and cloud security. The company was incorporated in 2012 and is based in Amsterdam, the Netherlands.

CEO	Mr. Ashutosh Kulkarni
WEBSITE	elastic.co
INDUSTRY	Software - Apps
EMPLOYEES	2995

Elastic NV Frequently Asked Questions

What is the ticker symbol for Elastic NV? What does ESTC stand for in stocks?

ESTC is the stock ticker symbol of Elastic NV. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Elastic NV (ESTC)?

As of Mon Apr 15 2024, market cap of Elastic NV is 9.56 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ESTC stock?

You can check ESTC's fair value in chart for subscribers.

What is the fair value of ESTC stock?

You can check ESTC's fair value in chart for subscribers. The fair value of Elastic NV is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Elastic NV is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ESTC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Elastic NV a good stock to buy?

The fair value guage provides a quick view whether ESTC is over valued or under valued. Whether Elastic NV is cheap or expensive depends on the assumptions which impact Elastic NV's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ESTC.

What is Elastic NV's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, ESTC's PE ratio (Price to Earnings) is 170.44 and Price to Sales (PS) ratio is 7.89. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ESTC PE ratio will change depending on the future growth rate expectations of investors.