Elastic NV's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 64/482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 103.04.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Elastic NV's Score
Industry at a Glance
Industry Ranking
64 / 482
Overall Ranking
125 / 4560
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
29
analysts
Buy
Current Rating
103.044
Target Price
+36.39%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Elastic NV Highlights
StrengthsRisks
Elastic NV is a Netherlands-based data analytics company. The Company’s platform, which is available as both a hosted, managed service across public clouds as well as self-managed software, allows its customers to find insights from large amounts of data and take action. The Company offers three search-powered solutions - Enterprise Search, Observability, and Security - that are built into the platform, which is built on the Elastic Stack, a set of software products that ingest data from any source, in any format, and perform search, analysis, and visualization of that data. The Company helps organizations, their employees, and their customers find what they need, while keeping mission-critical applications running smoothly, and protecting against cyber threats. The Company generates revenue primarily from sales of subscriptions to its platform.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 38.76% year-on-year.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Undervalued
The company’s latest PE is -73.22, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 91.23M shares, increasing 0.00% quarter-over-quarter.
Elastic NV is a Netherlands-based data analytics company. The Company’s platform, which is available as both a hosted, managed service across public clouds as well as self-managed software, allows its customers to find insights from large amounts of data and take action. The Company offers three search-powered solutions - Enterprise Search, Observability, and Security - that are built into the platform, which is built on the Elastic Stack, a set of software products that ingest data from any source, in any format, and perform search, analysis, and visualization of that data. The Company helps organizations, their employees, and their customers find what they need, while keeping mission-critical applications running smoothly, and protecting against cyber threats. The Company generates revenue primarily from sales of subscriptions to its platform.
Ticker SymbolESTC
CompanyElastic NV
CEOKulkarni (Ashutosh K)
Websitehttps://www.elastic.co/
FAQs
What is the current price of Elastic NV (ESTC)?
The current price of Elastic NV (ESTC) is 75.430.
What is the symbol of Elastic NV?
The ticker symbol of Elastic NV is ESTC.
What is the 52-week high of Elastic NV?
The 52-week high of Elastic NV is 118.840.
What is the 52-week low of Elastic NV?
The 52-week low of Elastic NV is 68.100.
What is the market capitalization of Elastic NV?
The market capitalization of Elastic NV is 7.98B.
What is the net income of Elastic NV?
The net income of Elastic NV is -108.11M.
Is Elastic NV (ESTC) currently rated as Buy, Hold, or Sell?
According to analysts, Elastic NV (ESTC) has an overall rating of Buy, with a price target of 103.044.
What is the Earnings Per Share (EPS TTM) of Elastic NV (ESTC)?
The Earnings Per Share (EPS TTM) of Elastic NV (ESTC) is -1.030.