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ESTC
Elastic N.V.
NYSE· Technology· Software - Application· CUSIP N14506104
$98.21-0.61%Price as of Oct 23, 00:42 UTC · updated once a day, after the close
At a glance
Elastic N.V. (ESTC) is listed on NYSE and classified in Software - Application, part of the Technology sector. It is headquartered in Amsterdam, Netherlands and has 3,834 employees. The company is worth $10.31B and trades at 28.2x its earnings of the last twelve months; the median for its sector is 28.0x. Revenue was $1.74B in fiscal 2026, up 17.3% from the year before. Net income was $367.77M. The share price is 9.1% below its 52-week high of $108.00. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $346.04M. In that quarter, 2 of them opened or added to the position and 3 reduced it. Over the last 30 days, company insiders sold $324.42M of its stock on the open market and bought none.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Analysis
Articles on this site that cover Elastic N.V..
Key metrics
- Market cap
- $10.31B
- P/E
- 28.2x
- Forward P/E
- 24.8x
- P/B
- 8.0x
- Dividend yield
- 0.00%
- Payout
- —
- EPS
- $3.48
- ROE
- 33.12%
- Profit margin
- 20.84%
- Revenue growth
- +15.10%
- Beta
- 1.04
- 52-week high
- $108.00
- 52-week low
- $42.05
History
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Investors holding this
Major managers that reported this stock in their latest 13F.
- Cliff AsnessReducedAQR Capital Management · Q2 2026$346.04M6.08M shares · 0.1% of portfolio
- Israel EnglanderReducedMillennium Management · Q2 2026$79.08M1.39M shares · 0.1% of portfolio
- Two SigmaAddedTwo Sigma Investments · Q2 2026$42.11M738.53K shares · 0.0% of portfolio
- Steve CohenReducedPoint72 Asset Management · Q2 2026$36.75M644.57K shares · 0.1% of portfolio
Ken GriffinAddedCitadel Advisors · Q2 2026$3.14M55.12K shares · 0.0% of portfolio
Ray DalioHeldBridgewater Associates · Q2 2026$1.29M22.57K shares · 0.0% of portfolio
Price over time
▼ -41.0% over 5Y.
today you would have $528.73▼ -47.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
Indicators, year by year
The last 9 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $91.74 | $75.44 | $99.08 | $112.70 | $51.50 | $123.09 | $146.13 | $64.30 | $71.48 | |
| P/E | — | 26.7x | — | 167.9x | — | — | — | — | — | — |
| P/S | 9.1x | 5.5x | 5.4x | 8.0x | 10.3x | 5.7x | 18.5x | 29.1x | 17.8x | — |
| P/B | 16.0x | 7.5x | 8.6x | 13.7x | 27.5x | 11.8x | 25.0x | 30.1x | 18.4x | — |
| EPS | $3.43 | -$1.04 | $0.59 | -$2.47 | -$2.20 | -$1.48 | -$2.12 | -$1.86 | -$1.65 | |
| Profit margin | -22.09% | 21.14% | -7.29% | 4.87% | -22.09% | -23.64% | -21.27% | -39.09% | -37.66% | -32.97% |
| ROE | -33.80% | 28.81% | -11.66% | 8.36% | -59.20% | -49.07% | -28.71% | -40.41% | -38.90% | — |
Median of the years shown; P/E years above 200x are left out.
Fair price, seven ways
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Earnings
$31.08
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings
$87.00
Earnings growing 25.0% a year plus a 0.0% dividend yield. Growth capped at 25%.
Earnings
$97.46
Median P/E of 28.0 among peers in the sector.
Earnings
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Cash flow
$107.75
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Operating
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Dividends
—
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
How the average is calculated
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
Earnings $71.85 (avg. of 3)+Cash flow $107.75÷ 2 =$89.80
$89.80
4 methods answered, across 2 families.
$67.35
Room for errors in the reported numbers.
$98.21
-8.6% from the average.
Models, not forecasts, and not investment advice. How each formula works →
Others in the same sector
Companies of similar size in Technology, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| PAYPPayPay Corp | $15.68 | 13.2x | 4.1x | 0.00% | 37.27% | $10.62B |
| WSEWise Group plc | $10.98 | 22.9x | 5.8x | 0.00% | 27.23% | $10.65B |
| ARWArrow Electronics Inc | $209.40 | 13.4x | 1.5x | 0.00% | 12.04% | $10.66B |
| NVMINova Ltd | $310.13 | 38.8x | 6.7x | 0.00% | 21.11% | $9.86B |
| PCTYPaylocity Holding Corp | $177.67 | 34.4x | 8.1x | 0.00% | 21.97% | $9.84B |
| DOCNDigitalOcean Holdings, Inc. | $92.00 | 46.7x | 10.4x | 0.00% | 62.27% | $10.82B |
About the company
- 3,834
- Amsterdam, Netherlands