ESTC

Elastic N.V. Ordinary Shares (ESTC)

Stock · NYSE · Technology

$91.79as of 10/16/2026

AI Market Commentary

AI-generatedAll commentary →

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

October 7, 2026

Elastic Stock Draws Attention After Significant Price Decline. Recent articles highlight that Elastic shares have fallen significantly, with one report noting a 39% drop. This decline has led some market observers to question if the stock is undervalued. The news also points to increased activity in the options market, suggesting traders are positioning for potential volatility. These developments occur while the stock trades well below its average analyst price target.

Price chart

Open in TradingView

Active signals

200 SMA Touch0.0%Support Confirmation0.0%
Support level
$57.82
Industry
Computer Software: Prepackaged Software

ESTC Signal Track Record

How signals performed across all stocks →

What ESTC's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Volume Spike29-2.1%38%
Bollinger Band Breakout23-2.1%43%
Bollinger Band Breakdown21+0.8%52%
200-Day Moving Average TouchActive now15-11.1%40%
Any 20-session window (baseline)+0.5%51%

Computed by MarketWall from daily closing prices since May 18, 2022. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About ESTC

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 al…

Sector
Technology
Industry
Computer Software: Prepackaged Software
Employees
3,834

Fundamentals

1-day range
$90.26$97.51
Market cap
$7.27B
P/E (trailing)
26.98
P/E (forward)
24.59
EPS (trailing)
$3.33
Dividend yield
—
Beta
0.99
Avg. volume
2.25M
52-week range
$42.05$108
Next earnings: November 19, 2026 · EPS estimate $0.81confirmed

How Elastic N.V. Ordinary Shares Makes Money

Where the revenue actually goes — FY2026 annual results

market-wall.comTotalRevenue$1.74BNet Income$367.77M (21%)SG&A$904.61M (52%)R&D$451.93M (26%)Cost of Revenue$416.27M (24%)ESTC

Source: 10-K filed Jun 8, 2026 · via SEC EDGAR / Finnhub

Gross Profit$1.32B(76%)
Operating Income-$33.48M(-2%)

Forecasts

27 analyst ratings

Buy 61%
Hold 39%
Sell 0%
1-year price forecast
High
$130
+41.6%
Median
$118
+28.6%
Low
$75
-18.3%

Elastic N.V. Ordinary Shares Competitors

Chosen by industry and closest market cap.

  • ESTC
    Elastic N.V. Ordinary Shares
    $91.74
    ▼ 5.66%
    Market cap $7.27BP/E 26.98
    $42.05$108
  • PATH
    UiPath Inc. Class A Common Stock
    $12.85
    ▼ 6.27%
    Market cap $7.25BP/E 19.74
    $9.2$19.84
  • MBLY
    Mobileye Global Inc. Class A Common Stock
    $7.22
    ▼ 2.83%
    Market cap $7.16BP/E —
    $6.47$15.65
  • S
    SentinelOne Inc. Class A Common Stock
    $21.58
    ▼ 7.66%
    Market cap $7.12BP/E —
    $11.81$26.5
  • NAVN
    Navan Inc. Class A Common Stock
    $25.38
    ▲ 0.71%
    Market cap $7.09BP/E —
    $8.11$30.88
  • YOU
    Clear Secure Inc. Class A Common Stock
    $43.93
    ▼ 2.42%
    Market cap $7.09BP/E 39.92
    $30.23$69.07
  • APPF
    AppFolio Inc. Class A Common Stock
    $212.13
    ▼ 2.96%
    Market cap $6.87BP/E 44.69
    $142.56$265.02

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions →
Acquired
0
Disposed
1.81M

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