Elastic N.V., a search company, delivers technology that enables users to search through structured and unstructured data for a range of consumer and enterprise applications. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as perform search, analysis, and visualization. The company's Elastic Stack product 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; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; Elastic Agent that includes integrated host protection and central management services; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems. It also provides software solutions on the Elastic Stack that address cases, including app search, site search, workplace search, logging, metrics, application performance management, business analytics, and security analytics. Its products are used by individual developers and organizations of a range of industries. Elastic N.V. has a strategic partnership with Confluent, Inc. to enhance existing product integrations and jointly develop new capabilities that helps users to combine the benefits of the Elastic Stack and Kafka. The company was incorporated in 2012 and is headquartered in Mountain View, California.
IPO Year: 2018
Exchange: NYSE
Website: elastic.co
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/17/2025 | $108.00 | Neutral | Cantor Fitzgerald |
| 12/17/2024 | $130.00 | Overweight | Morgan Stanley |
| 11/25/2024 | $135.00 | Neutral → Outperform | Wedbush |
| 11/22/2024 | $125.00 → $140.00 | Outperform | Oppenheimer |
| 11/22/2024 | $95.00 → $135.00 | Neutral → Outperform | Robert W. Baird |
| 10/14/2024 | Mkt Perform → Outperform | William Blair | |
| 10/7/2024 | $90.00 → $95.00 | Equal Weight → Overweight | Barclays |
| 9/11/2024 | $100.00 | Buy | Guggenheim |
| 8/30/2024 | $140.00 → $94.00 | Buy → Neutral | BofA Securities |
| 8/30/2024 | $135.00 → $95.00 | Outperform → Neutral | Robert W. Baird |
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4 - Elastic N.V. (0001707753) (Issuer)
4 - Elastic N.V. (0001707753) (Issuer)
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Cantor Fitzgerald initiated coverage of Elastic with a rating of Neutral and set a new price target of $108.00
Morgan Stanley initiated coverage of Elastic with a rating of Overweight and set a new price target of $130.00
Wedbush upgraded Elastic from Neutral to Outperform and set a new price target of $135.00
Oppenheimer reiterated coverage of Elastic with a rating of Outperform and set a new price target of $140.00 from $125.00 previously
Robert W. Baird upgraded Elastic from Neutral to Outperform and set a new price target of $135.00 from $95.00 previously
William Blair upgraded Elastic from Mkt Perform to Outperform
Barclays upgraded Elastic from Equal Weight to Overweight and set a new price target of $95.00 from $90.00 previously
Guggenheim initiated coverage of Elastic with a rating of Buy and set a new price target of $100.00
Robert W. Baird downgraded Elastic from Outperform to Neutral and set a new price target of $95.00 from $135.00 previously
BofA Securities downgraded Elastic from Buy to Neutral and set a new price target of $94.00 from $140.00 previously
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8-K - Elastic N.V. (0001707753) (Filer)
SCHEDULE 13G/A - Elastic N.V. (0001707753) (Subject)
8-K/A - Elastic N.V. (0001707753) (Filer)
144 - Elastic N.V. (0001707753) (Subject)
Q4 Revenue of $388 million, up 16% year-over-year (16% in constant currency) Q4 Elastic Cloud Revenue of $182 million, up 23% year-over-year (23% in constant currency) FY25 Revenue of $1.483 billion, up 17% year-over-year (17% in constant currency) Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced financial results for its fourth quarter and full fiscal year ended April 30, 2025. Fourth Quarter Fiscal 2025 Financial Highlights Total revenue was $388 million, an increase of 16% year-over-year, as reported and on a constant currency basis Elastic Cloud revenue was $182 million, an increase of 23% year-over-year, as reported and on a constant currency basis GAA
Companies join forces to bring workflow automation to Search AI-powered applications Elastic (NYSE:ESTC), the Search AI company, announced it has completed the acquisition of Keep Alerting Ltd ("Keep"), an open source AIOps company that unifies alerts and automates incident remediation, helping users manage alerts to improve operational efficiency and service reliability. "I'm excited to welcome the Keep team to Elastic, merging its world-class open source AIOps and workflow automation capabilities with the speed and scale of Elasticsearch," said Ken Exner, chief product officer at Elastic. "Keep's AIOps capabilities will complement Elastic's AI/ML and AI Assistant solutions to deliver AI
Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced that it will release its financial results for its fourth quarter and fiscal 2025 ended April 30, 2025 after the U.S. market close on Thursday, May 29, 2025. The company will host a conference call at 2:00 p.m. PT/ 5:00 p.m. ET that day to review its financial results and business outlook. A live webcast of the conference call will be accessible from the Elastic investor relations website at ir.elastic.co. A replay of the webcast will be available for two months. About Elastic Elastic (NYSE:ESTC), the Search AI Company, integrates its deep expertise in search technology with artificial intelligence to help everyone transfo
Q3 Revenue of $382 million, up 17% year-over-year (17% in constant currency) Q3 Elastic Cloud Revenue of $180 million, up 26% year-over-year (26% in constant currency) Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, announced financial results for its third quarter of fiscal 2025 ended January 31, 2025. Third Quarter Fiscal 2025 Financial Highlights Total revenue was $382 million, an increase of 17% year-over-year, as reported and on a constant currency basis Elastic Cloud revenue was $180 million, an increase of 26% year-over-year, as reported and on a constant currency basis GAAP operating loss was $5 million; GAAP operating margin was -1% Non-GAAP op
Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced that it will release its financial results for its third quarter fiscal 2025 ended January 31, 2025 after the U.S. market close on Thursday, Feb 27, 2025. The company will host a conference call at 2:00 p.m. PT/ 5:00 p.m. ET that day to review its financial results and business outlook. A live webcast of the conference call will be accessible from the Elastic investor relations website at ir.elastic.co. A replay of the webcast will be available for two months. About Elastic Elastic (NYSE:ESTC), the Search AI Company, enables everyone to find the answers they need in real-time using all their data, at scale. Elastic's so
Q2 Revenue of $365 million, up 18% year-over-year (17% in constant currency) Q2 Elastic Cloud Revenue of $169 million, up 25% year-over-year (25% in constant currency) Announces Chief Financial Officer Transition Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, announced financial results for its second quarter of fiscal 2025 ended October 31, 2024. Second Quarter Fiscal 2025 Financial Highlights Total revenue was $365 million, an increase of 18% year-over-year, or 17% on a constant currency basis Elastic Cloud revenue was $169 million, an increase of 25% year-over-year, as reported and on a constant currency basis GAAP operating loss was $4 million; GAAP
Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced that it will release its financial results for its second quarter fiscal 2025 ended October 31, 2024 after the U.S. market close on Thursday, Nov 21, 2024. The company will host a conference call at 2:00 p.m. PT/ 5:00 p.m. ET that day to review its financial results and business outlook. A live webcast of the conference call will be accessible from the Elastic investor relations website at ir.elastic.co. A replay of the webcast will be available for two months. About Elastic Elastic (NYSE:ESTC), the Search AI Company, enables everyone to find the answers they need in real-time using all their data, at scale. Elastic's solu
Q1 Revenue of $347 million, up 18% year-over-year (18% in constant currency) Q1 Elastic Cloud Revenue of $157 million, up 30% year-over-year (30% in constant currency) Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, announced financial results for its first quarter of fiscal 2025 ended July 31, 2024. First Quarter Fiscal 2025 Financial Highlights Total revenue was $347 million, an increase of 18% year-over-year, as reported and on a constant currency basis Elastic Cloud revenue was $157 million, an increase of 30% year-over-year, as reported and on a constant currency basis GAAP operating loss was $34 million; GAAP operating margin was -10% Non-GAAP ope
Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced that it will release its financial results for its first quarter fiscal 2025 ended July 31, 2024 after the U.S. market close on Thursday, Aug 29, 2024. The company will host a conference call at 2:00 p.m. PT/ 5:00 p.m. ET that day to review its financial results and business outlook. A live webcast of the conference call will be accessible from the Elastic investor relations website at ir.elastic.co. A replay of the webcast will be available for two months. About Elastic Elastic (NYSE:ESTC), the Search AI Company, enables everyone to find the answers they need in real-time using all their data, at scale. Elastic's solut
Q4 Revenue of $335 million, up 20% year-over-year (20% in constant currency) Q4 Elastic Cloud Revenue of $148 million, up 32% year-over-year (32% in constant currency) FY24 Revenue of $1.267 billion, up 19% year-over-year (18% in constant currency) Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced financial results for its fourth quarter and full fiscal year ended April 30, 2024. Fourth Quarter Fiscal 2024 Financial Highlights Total revenue was $335 million, an increase of 20% year-over-year, as reported and on a constant currency basis Elastic Cloud revenue was $148 million, an increase of 32% year-over-year, as reported and on a constant currency basis GAA
Q4 Revenue of $388 million, up 16% year-over-year (16% in constant currency) Q4 Elastic Cloud Revenue of $182 million, up 23% year-over-year (23% in constant currency) FY25 Revenue of $1.483 billion, up 17% year-over-year (17% in constant currency) Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced financial results for its fourth quarter and full fiscal year ended April 30, 2025. Fourth Quarter Fiscal 2025 Financial Highlights Total revenue was $388 million, an increase of 16% year-over-year, as reported and on a constant currency basis Elastic Cloud revenue was $182 million, an increase of 23% year-over-year, as reported and on a constant currency basis GAA
Strategic go-to-market collaboration and integrations to help customers build secure AI applications faster with combined search and generative AI capabilities Elastic (NYSE:ESTC), the Search AI company, announced a new five-year strategic collaboration agreement (SCA) with Amazon Web Services (AWS). The agreement reflects a shared commitment to help accelerate organizations' transition into AI-native enterprises through joint product integrations and go-to-market (GTM) initiatives that help customers build generative AI-based applications faster while reducing complexity. Building on a foundation of strong collaboration, Elastic and AWS will continue to invest in technical integrations
Elastic (NYSE:ESTC), the Search AI Company, announced that its management will present at the following conferences: Bank of America Global Technology Conference on Wednesday, June 4, 2025 at 1:20 p.m. PT / 4:20 p.m. ET Rosenblatt Technology Summit on Wednesday, June 11, 2025 at 12:00 p.m. PT / 3:00 p.m. ET A live webcast and replay of the event will be available on Elastic's Investor Relations page at ir.elastic.co. About Elastic: Elastic (NYSE:ESTC), the Search AI Company, integrates its deep expertise in search technology with artificial intelligence to help everyone transform all of their data into answers, actions, and outcomes. Elastic's Search AI Platform — the foundation for
Companies join forces to bring workflow automation to Search AI-powered applications Elastic (NYSE:ESTC), the Search AI company, announced it has completed the acquisition of Keep Alerting Ltd ("Keep"), an open source AIOps company that unifies alerts and automates incident remediation, helping users manage alerts to improve operational efficiency and service reliability. "I'm excited to welcome the Keep team to Elastic, merging its world-class open source AIOps and workflow automation capabilities with the speed and scale of Elasticsearch," said Ken Exner, chief product officer at Elastic. "Keep's AIOps capabilities will complement Elastic's AI/ML and AI Assistant solutions to deliver AI
Elastic is the first vector database to support blended text and semantic retrieval techniques for .NET developers for more relevant, accurate results for search queries Elastic (NYSE:ESTC), the Search AI company, announced the availability of its hybrid search capabilities for Microsoft's Semantic Kernel project, making Elastic's vector database the first to feature this capability. Users can now combine multiple search techniques when using Elasticsearch with Semantic Kernel, enhancing information retrieval and delivering the most significant results to queries. "What sets Elastic apart is our powerful hybrid search capabilities, which our customers can run at vast scale," said Ken Exne
Elasticsearch integrates with NVIDIA Enterprise AI Factory validated design to fuel AI agents and generative AI applications with real-time intelligence Elastic (NYSE:ESTC), the Search AI Company, announced that Elasticsearch integrates with the new NVIDIA Enterprise AI Factory validated design to provide a recommended vector database for enterprises to build and deploy their own on-premises AI factories. Elastic will use NVIDIA cuVS to create a new Elasticsearch plugin that will accelerate vector search index build times and queries. "We are obsessed with building the best vector database in the market," said Ken Exner, chief product officer at Elastic. "NVIDIA Enterprise AI Factory vali
Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced that it will release its financial results for its fourth quarter and fiscal 2025 ended April 30, 2025 after the U.S. market close on Thursday, May 29, 2025. The company will host a conference call at 2:00 p.m. PT/ 5:00 p.m. ET that day to review its financial results and business outlook. A live webcast of the conference call will be accessible from the Elastic investor relations website at ir.elastic.co. A replay of the webcast will be available for two months. About Elastic Elastic (NYSE:ESTC), the Search AI Company, integrates its deep expertise in search technology with artificial intelligence to help everyone transfo
Automates switch from incumbent SIEM to Elastic Security without the need to manually rebuild existing detection rules Elastic (NYSE:ESTC), the Search AI Company, has announced Automatic Migration, a new feature that simplifies the transition from an incumbent SIEM to Elastic Security. Automatic Migration maps existing SIEM detection rules to equivalent Elastic-built rules using semantic search without the need for exact text matches. The feature also translates any rules that are not mapped, including associated lookups and macros, into new Elastic queries using generative AI grounded in custom knowledge. "Many security teams are stuck using their inefficient SIEMs due to the significant
Developers building observability, security, and search applications benefit from uncompromised speed and scale Elastic (NYSE:ESTC), the Search AI Company, announced the general availability of Elastic Cloud Serverless on Google Cloud Marketplace. Developers can now quickly scale Elastic's Security, Observability and Search solutions on Google Cloud without having to manage their own infrastructure. Built on the industry-first Search AI Lake architecture, which leverages Google Cloud Storage, Elastic Cloud Serverless combines vast storage, separate storage and compute, low-latency querying, and advanced AI capabilities to deliver uncompromising speed and scale. "Bringing Elastic Cloud Se
Benchmarking shows Elasticsearch runs up to 40% faster on Google Axion Processor C4A Elastic (NYSE:ESTC), the Search AI Company, announced Elasticsearch runs with up to 40% higher indexing throughput on C4A VMs, powered by Google Axion, Google's first custom Arm-based CPU, compared to previous generations of VMs on Google Cloud. Elastic used a macro benchmarking framework for Rally with the elastic/logs track to determine the maximum indexing performance on Google Axion-powered VMs. C4A also powers Elastic Cloud Serverless. "Elastic is driving innovation and cost-efficiency by enabling customers to leverage our Search AI-powered search, observability, and security solutions on Arm-based a
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Former HashiCorp and IBM executive joins Elastic to play key role in driving next phase of growth Elastic ® (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Navam Welihinda as chief financial officer, effective February 28, 2025. In this role, Welihinda will serve as the Company's principal financial officer and principal accounting officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250227725046/en/Navam Welihinda, Chief Financial Officer at Elastic (Photo: Business Wire) Welihinda joins Elastic from Grammarly, where he served as CFO and oversaw corporate finance and corporate
SAN FRANCISCO, Nov. 26, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ:ADSK) today announced the appointment of Janesh Moorjani as the company's chief financial officer, effective December 16, 2024. Moorjani brings over 20 years of experience in the technology industry, with deep expertise in driving growth and efficiency at scale. Most recently, Moorjani served as CFO and COO of Elastic NV (NYSE:ESTC), the Search AI Company. Reporting to chief executive officer Andrew Anagnost, Moorjani will lead and oversee Autodesk's global finance organization. Moorjani will succeed interim c
Former Cisco executive joins Elastic to help spearhead company's continued growth Elastic® (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Mark Dodds as chief revenue officer, effective immediately. Reporting to Elastic CEO Ash Kulkarni, Dodds will be responsible for driving all aspects of the company's revenue growth, building on its ongoing success as the leading search analytics platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211976269/en/Mark Dodds, Chief Revenue Officer, Elastic (Photo: Busines Wire) Dodds brings extensive global sales leadership experience to the
Elastic and Opster join forces to help users take charge of their search operations Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced an agreement to acquire Opster, the creators of AutoOps, a powerful platform that provides deep insight to automatically detect and resolve issues with cluster health, improve search performance, and reduce hardware costs. "We are excited to welcome the Opster team to Elastic," said Ken Exner, chief product officer, Elastic. "Opster will help our users get more out of their Elastic deployments and is part of multiple efforts underway to make our cloud offering more fully-managed and easier to operate." "Having been long
Former Datadog Vice President of Product Joins Elastic to Drive the Next Generation of AI-Powered Observability Elastic® (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Abhishek Singh as general manager for Observability. Singh will oversee the evolution of Elastic Observability, which converges all types of telemetry data, including metrics, logs, and traces for unified visibility and actionable AI-powered insights. He will help spearhead the delivery of rapid advancements like the Elastic AI Assistant for Observability, which leverages the power of generative AI and an organization's own proprietary data to make problem resolution faster
Ascend grows regional presence to better serve growing data management needs MENLO PARK, Calif., July 26, 2023 /PRNewswire/ -- Ascend.io, the leader in data pipeline automation, today announced the appointment of Jeremy Poon as Head of APAC Sales, in addition to a number of sales and support hires for the Asia-Pacific region to better serve its global customer base, which includes Serko, Ports of Auckland, and Tonkin & Taylor. Poon comes to Ascend from Elastic (NYSE:ESTC) and is based in Melbourne, Australia. These new hires reflect Ascend's continued expansion of its global team, following the hiring of Robin Rostratter as Head of EMEA Sales earlier this year.
Senior executive with deep expertise in human resources for technology companies joins Elastic Elastic ® (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Joanna Daly as chief human resources officer (CHRO) effective July 18, 2023. Reporting to Elastic CEO Ash Kulkarni, Daly will be responsible for Elastic's human resources (HR) strategy and operations, talent management, and compensation and benefits, as Elastic continues to build on its global reputation as the leading search platform. Daly has more than 20 years of global HR experience, including HR leadership roles in IBM's consulting and technology businesses and the company's compensati
Former Proofpoint CFO Brings 30+ Years of Technology Industry Expertise Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced that it has nominated Paul Auvil to its Board of Directors. The appointment comes as the company continues to drive growth in Elastic Cloud, while investing with discipline to expand profitability. Mr. Auvil will bring more than 35 years of finance, technology and corporate leadership experience to the Elastic Board of Directors. He served as the Chief Financial Officer of Proofpoint, Inc., a provider of security-as-a-service solutions from March 2007 until March 2023. From September 2006 to March 2007, he was an entrepreneur-in-resi
Senior executive with deep cybersecurity marketing expertise joins Elastic to drive continued growth Elastic (NYSE:ESTC), the company behind Elasticsearch, today announced the appointment of Mathew Donoghue as Chief Marketing Officer (CMO) effective February 13, 2023. Donoghue will drive scalable growth across the company's $88 billion total addressable market (TAM) by leveraging innovative solutions and a customer-first approach. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230213005523/en/Mathew Donoghue (Photo: Business Wire) As the leader of the global marketing team, Donoghue will focus on engaging customers, partners and
16-year AWS Veteran Joins Elastic to Further Accelerate Cloud Innovation Elastic (NYSE:ESTC), the company behind Elasticsearch, today announced the appointment of Ken Exner as chief product officer (CPO) effective August 29, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220825005664/en/Elastic Names Ken Exner Chief Product Officer (Photo: Business Wire) Exner will be responsible for leading engineering, product management, and product design, with a focus on enhancing the Elastic Enterprise Search, Observability, and Security solutions and delivering a best-in-class cloud service to Elastic customers. Exner will report to