Insider buying last 90 days
No open-market insider purchases were filed for ESTC in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every ESTC insider filing, plotted on the chart in Gekko.Open ESTC in Gekko
NYSE: ESTC
Elastic (ESTC) Stock Analysis & Forecast
Sep 28 close
$87.94−0.18 (−0.2%)
Gekko Brief
AI summaryThis week's move for Elastic centers on the launch of a new metrics offering built for the AI era, which the company says brings faster data management and storage efficiency across metrics, logs and traces on a unified platform. Cantor Fitzgerald reiterated a Neutral rating and maintained a $100 price target following an update on the Metrics offering, first launched in June 2026. Shares also drew attention for crossing above the 20-day moving average and for a 3.5% drop to $88.12 even as commentary pointed to a strong GF Score of 82 out of 100.
Elastic closes at $87.94, down 0.2%, sitting above both its 50-day average of $80.10 and its 200-day average of $64.77, with the 50-day above the 200-day. The GekkoIndex reads 55.1, placing the stock in the Neutral zone. Price stands 13% above Gekko Fair Value of $77.82, a gap that has widened following returns of 5% over one month, 54.4% over three months and 81.2% over six months, with the stock trading between a 52-week low of $42.05 and high of $108.
Over the next 20 trading days, the next earnings report is scheduled for 19 November 2026, after close, which falls outside that window; the prior report on 28 May 2026 beat estimates, with EPS of $0.61 against a $0.56 estimate and a 20% reaction. No insider, Congress or unusual options activity appears in their respective windows. Seasonally, the next 20 trading days have averaged a 0.7% return over 5 years, rising in 3 of them. Analyst consensus among 26 firms includes 16 buy and 10 hold ratings, with a consensus target of $110.69.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Elastic price vs fair value
Close $87.94200-day averageGekko Fair Value $77.82
Elastic quick facts
- Market cap
- $9.14B
- P/E ratio
- 25.2
- Forward P/E
- 27.4
- EPS, TTM
- $3.50
- Revenue, TTM
- $1.80B
- Profit margin
- 20.8%
- Dividend yield
- —
- Beta
- 1.04
- Volume
- 1.91M avg 2.35M
- 1-year return
- +3.3%
- Typical daily move
- ±4.1%
- Typical 20-day move
- ±9.6%
- 50-day average
- $80.10
- 200-day average
- $64.77
- Next earnings
- Nov 19 after close
- Shares outstanding
- 105.0M
Elastic swing-trade checklist
Elastic scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed1 headwind
- Trendsupportive
Above 50 and 200-day
Close $87.94 is above the 50-day ($80.10) and 200-day ($64.77) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexmixed
55.1, Neutral
Reading 55.1 is in the Neutral zone.
See the GekkoIndex - Fair valueheadwind
13.0% above
Price is 13% above Gekko Fair Value (more than 5% above).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 51 days
Next report Nov 19, 2026, 51 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+0.7% on average
From this point in the calendar, the next 20 trading days averaged +0.7% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Elastic stock chart and price history
Elastic closed at $87.94 on Sep 28, 2026, +3.3% over the past year, inside a 52-week range of $42.05 to $108.00.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +5.0%
- 3 months
- +54.4%
- 6 months
- +81.2%
- 1 year
- +3.3%
The full ESTC chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ESTC in Gekko
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About Elastic
Elastic builds software that helps organizations search, store, and make sense of large volumes of data drawn from many different sources and formats, whether that data sits in public, private, or multi-cloud settings. Its core product, the Elastic Stack, brings together several tools working in concert: a distributed search and analytics engine that handles text, numbers, location data, and both structured and unstructured records; a visual interface for managing and configuring the system; lightweight components that ship data in from edge devices; a data pipeline for feeding information into storage; and an agent that adds host security and centralized oversight.
Beyond the core stack, Elastic packages its technology into targeted applications covering areas such as application and workplace search, logging, performance metrics, application performance monitoring, and synthetic monitoring. Its wider platform adds further capabilities meant to extend what customers can do with the underlying stack.
Elastic N.V. was established in 2012 and is headquartered in Mountain View, California. Its shares are listed on the NYSE under the ticker ESTC.
- Listed
- NYSE
- Sector
- Technology services
- Industry
- Packaged software
- Website
- elastic.co
Elastic GekkoIndex: the smart money zone
Elastic’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 55.1, in the Neutral zone, down 0.1 points over five sessions.
55.1Neutral
Down 0.1 points over five sessions.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 42 | +3.8% | +6.1% | ||
| Accumulation | 234 | −0.2% | −0.1% | ||
| Neutral (current zone) | 355 | −0.3% | −0.8% | ||
| Distribution | 33 | +1.6% | +5.8% | ||
| Selling | 8 | Too few readings yet | |||
Average ESTC share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the ESTC price, zone by zone.Track ESTC in Gekko
Is Elastic stock overvalued? Gekko Fair Value
Elastic trades 13.0% above Gekko Fair Value of $77.82, so the shares are overvalued on Gekko’s estimate.
Gekko’s own estimate of what Elastic shares are worth, recalculated every trading day.
$77.82
Gekko Fair Value, Sep 29, 2026
13.0% Overvalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open ESTC in Gekko
Elastic insider and Congress trading
No open-market insider purchases were filed for Elastic, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in ESTC were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for ESTC, plotted on the chart in Gekko.Open ESTC in Gekko
Buybacks
Elastic has been buying back its own shares.
- Bought back, quarter ended Jul 31, 2026
- $40.02M
- As a share of market cap
- 0.44%
From company filings.
Hedge funds and billionaires quarter ended Mar 31
0of the funds Gekko tracks hold ESTC.
0added0opened0trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko
Elastic earnings: next date and track record
Elastic reports on Nov 19, 2026, after the close (51 days away), and beat the EPS estimate in 8 of its last 8 reports.
Next earnings report
Nov 19, 2026
Expected after the close, 51 days away
- EPS estimate
- $0.81
- Revenue estimate
- $486.8M
8 of 8reports beat the EPS estimate
±15.7%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, May 28, 2026 AI summary
- What they said
- Elastic reported Q4 fiscal 2026 results beating guidance on all key metrics, with 16% total revenue growth and 14.8% non-GAAP operating margin. Full-year revenue grew 17% with 16.4% non-GAAP operating margin. CRPO growth accelerated to 20% and RPO exceeded 28% growth. Sales-led subscription revenue grew 19%, with record Q4 $1M+ deals and 240+ customers in the $1M+ ACV cohort. AI use cases now penetrate over one-third of $100K+ ACV customers.
- Guidance
- Management highlighted Q1 fiscal 2027 quiet period beginning July 17, 2026, suggesting upcoming guidance. Cloud commitment mix shift in Q4 temporarily impacted near-term revenue but is expected to provide positive tailwinds as agencies ramp usage toward commitment levels.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| May 28, 2026 | $0.61 est $0.56 | $450.7M est $446.7M | +20.0% |
| Feb 26, 2026 | $0.07 est −$0.09 | $449.9M est $438.4M | −10.2% |
| Nov 20, 2025 | $0.64 est $0.58 | $423.5M est $418.4M | −20.7% |
| Aug 28, 2025 | $0.60 est $0.42 | $415.3M est $397.2M | +2.1% |
| May 29, 2025 | $0.47 est $0.37 | $388.4M est $380.4M | −12.4% |
| Feb 27, 2025 | $0.63 est $0.47 | $382.1M est $369.0M | +12.4% |
| Nov 21, 2024 | $0.59 est $0.38 | $365.4M est $354.3M | +22.0% |
| Aug 29, 2024 | $0.35 est $0.26 | $347.4M est $344.8M | −26.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Elastic stock forecast and analyst price targets
Analysts’ average 12-month price target for Elastic is $110.69, +25.9% from the last close, from 26 firms rating the stock in the last 90 days.
$110.69consensus 12-month target, +25.9% from the last close
Now $87.94Avg $110.69
Low $75High $130
Each firm’s latest rating in the last 90 days: 26 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 23 | TD Cowen | $95 | +8.0% |
| Sep 23 | Monness | — | — |
| Sep 23 | William Blair | — | — |
| Sep 22 | Bank of America Securities | $108 | +22.8% |
| Sep 22 | Cantor Fitzgerald | $100 | +13.7% |
−0.8%average 20-day move after past Neutral readings
+0.7%average move over the next 20 trading days in the last 5 years
±4.1%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Elastic seasonality: the next 20 trading days
Over the next 20 trading days from Sep 26, Elastic averaged +0.7% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −1.7% | 2 of 5 |
| Next 10 trading days | +0.1% | 3 of 5 |
| Next 15 trading days | 0.0% | 3 of 5 |
| Next 20 trading days | +0.7% | 3 of 5 |
| Next 30 trading days | −1.1% | 3 of 5 |
For scale, ESTC’s typical 20-trading-day move in either direction is about 9.6%.
Elastic market cap and key statistics
Elastic’s market cap is $9.14B, with a P/E ratio of 25.2 and revenue of $1.80B over the last twelve months.
Valuation
- Market cap
- $9.14B
- P/E ratio
- 25.2
- Forward P/E
- 27.4
- EPS, TTM
- $3.50
- Gekko Fair Value
- $77.82
Trading
- Volume
- 1.91M
- Avg volume, 20 days
- 2.35M
- 52-week high
- $108.00
- 52-week low
- $42.05
- Shares outstanding
- 105.0M
Financials
- Revenue, TTM
- $1.80B
- Profit margin
- 20.8%
- Return on equity
- 33.1%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Beta
- 1.04
- Typical daily move
- ±4.1%
- Typical 20-day move
- ±9.6%
Elastic stock news this week
Coverage of Elastic this week reads positive: 2 positive, 1 neutral and 1 negative headlines.
- Elastic NV (ESTC) Shares Fall 3.5% -- What GF Score of 82 Tells InvestorsGuruFocus, Sep 26
- Elastic Unveils AI-Era Metrics Platform, Claims Major Speed and Storage GainsTradingView, Sep 25
- Elastic stock price target maintained at $100 by Cantor FitzgeraldInvesting.com Nigeria, Sep 24
- ESTC Reiterated by Cantor Fitzgerald -- Price Target Maintained at $100GuruFocus, Sep 23
- Elastic N.V. (ESTC) Discusses New Metrics Offering and Observability Platform Enhancements TranscriptSeeking Alpha, Sep 22
- Elastic (ESTC) Just Overtook the 20-Day Moving AverageZacks Investment Research, Sep 22
Elastic peers
Elastic’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| MSFTMicrosoft | Neutral | 17.3% above |
| PLTRPalantir Technologies | Neutral | 15.7% above |
| ORCLOracle | Accumulation | 25.9% below |
| PANWPalo Alto Networks | Neutral | 16.1% above |
| CRWDCrowdStrike | Neutral | 27.2% above |
| CRMSalesforce | Neutral | 5.9% below |
A peer links to its own page where one exists.
Elastic stock FAQ
What is Elastic’s market cap?
Elastic’s market cap is $9.14B at the Sep 28, 2026 close of $87.94, with 105.0M shares outstanding. The shares trade on a P/E ratio of 25.2.
What is the Elastic stock forecast?
The consensus analyst 12-month price target for Elastic is $110.69, +25.9% from the last close. Of the 26 firms that rated the stock in the last 90 days, 16 rate it a buy, 10 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Elastic stock overvalued or undervalued?
On Gekko’s estimate Elastic is overvalued: the Sep 28, 2026 close of $87.94 is 13.0% above Gekko Fair Value of $77.82. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Elastic report earnings next?
Elastic is expected to report on Nov 19, 2026, after the market closes (51 days away). Analysts expect earnings of $0.81 per share on revenue of $486.8M. Elastic beat the earnings estimate in 8 of its last 8 reports, moving 15.7% on average across the report.
What is Elastic’s 52-week high and low?
Elastic’s 52-week high is $108.00 and its 52-week low is $42.05; it closed at $87.94 on Sep 28, 2026, +3.3% over the past year. Over the last five years the shares peaked at $189.84 on Nov 15, 2021.
Is Elastic stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, earnings risk and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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