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Elastic NV(ESTC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ESTC
09/15/2026: ESTC (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Elastic NV is a search-powered software company that provides infrastructure for observability, enterprise search, and cybersecurity. The company has a leading position in real-time data analytics, with a robust developer community that fuels its long-term growth. Its primary investment story centers on the transition to a cloud-native model and the integration of AI-driven tools into its core platform. However, Elastic faces execution risk from intense competition against cloud hyperscalers and specialized security rivals. The stock may best suit growth-oriented investors who monitor the adoption rates of Elastic Cloud and the company's ability to maintain margins amidst these competitive pressures.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | Elastic operates in high-growth cloud and data analytics markets with a scalable platform. |
| Momentum investor | Mixed fit | The stock often follows broader software sector trends and requires positive technical signals. |
| Value investor | Weak fit | The company often trades at premium valuation multiples typical of high-growth software firms. |
| Dividend investor | Weak fit | The company does not pay dividends and prioritizes capital reinvestment. |
| Low-risk investor | Weak fit | The stock exhibits high price volatility consistent with the cloud infrastructure sector. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to large swings based on sector sentiment and earnings surprises. |
| Valuation risk | Medium / high | High P/S multiples can lead to significant price compression if growth slows. |
| Competition risk (AI competition) | High | New AI-native competitors could disrupt existing search and observability market segments. |
| Business quality | Medium | While the product is strong, the company faces significant pressure from hyperscalers. |
| Dividend income | Low / none | Income-focused investors will find no yield here. |
| Execution risk | Medium | Successfully balancing R&D innovation with profitability targets is a key operational challenge. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -32.94% | Avg. Invested days 25 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/15/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 8.94B USD | Price to earnings Ratio 24.32 | 1Y Target Price 110.69 |
Price to earnings Ratio 24.32 | 1Y Target Price 110.69 | ||
Volume (30-day avg) 2.9M shares | Beta 1.04 | 52 Weeks Range 42.05 - 108.00 | Updated Date 09/14/2026 |
52 Weeks Range 42.05 - 108.00 | Updated Date 09/14/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 3.5 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Subscription Revenue | Cloud and on-premise subscription fees for Elastic products. | Most of the company's income comes from recurring software subscriptions. |
| Support and Consulting | Fees for professional services and enterprise support. | These smaller services help enterprise customers successfully deploy Elastic solutions. |
| Geography | Revenue spread across Americas, EMEA, and APAC. | The company is globally diversified, which helps mitigate regional economic risks. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-08-27 | When After Market | Estimate -0.15 | Actual 0.06 |
Profitability
Profit Margin 20.84% | Operating Margin (TTM) -0.61% |
Management Effectiveness
Return on Assets (TTM) -0.57% | Return on Equity (TTM) 33.12% |
Valuation
Trailing PE 24.32 | Forward PE 25.06 | Enterprise Value 7.89B | Price to Sales(TTM) 4.96 |
Enterprise Value 7.89B | Price to Sales(TTM) 4.96 | ||
Enterprise Value to Revenue 4.38 | Enterprise Value to EBITDA 428.85 | Shares Outstanding 104.99M | Shares Floating 86.59M |
Shares Outstanding 104.99M | Shares Floating 86.59M | ||
Percent Insiders 12.09 | Percent Institutions 88.76 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Elastic NV
Exchange NYSE | Headquarters - | ||
IPO Launch date 2018-10-05 | CEO & Executive Director Mr. Ashutosh Kulkarni | ||
Sector Technology | Industry Software - Application | Full time employees 3834 | Website https://www.elastic.co |
Full time employees 3834 | Website https://www.elastic.co | ||
Elastic N.V., a search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally. It primarily offers Elasticsearch Platform, 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 also provides Elastic search product a distributed, real-time vector database and analytics engine and data store for all types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the platforms; Search & AI, a platform with retrieval algorithms and the ability to integrate with large language models; and elastic security, a security solution that provides unified protection to prevent, detect, and respond to threats. In addition, it offers Elastic Observability, a solution that brings unified datastore, including Logs analytics to search, analyze, and visualize petabytes of structured and unstructured logs; infrastructure monitoring to gain visibility across cloud, on-premises, Kubernetes, serverless, and hosts; Application Performance Monitoring to support native production-grade; digital experience monitoring; large language models; and Elastic Cloud, a cloud-based subscription offering such as Elastic Cloud Hosted and Elastic Cloud Serverless. The company was incorporated in 2012 and is based in Amsterdam, the Netherlands.
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