Elastic (ESTC) Projected to Post Earnings on Thursday

Elastic (NYSE:ESTC) is expected to post its Q2 2026 results after the market closes on Thursday, November 20th. Analysts expect Elastic to post earnings of $0.58 per share and revenue of $418.2710 million for the quarter. Elastic has set its FY 2026 guidance at 2.290-2.350 EPS. Q2 2026 guidance at 0.560-0.580 EPS.Individuals may visit the the company’s upcoming Q2 2026 earningresults page for the latest details on the call scheduled for Thursday, November 20, 2025 at 5:00 PM ET.

Elastic (NYSE:ESTC) last posted its quarterly earnings data on Thursday, August 28th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.42 by ($0.50). The firm had revenue of $415.29 million during the quarter, compared to analyst estimates of $397.13 million. Elastic had a negative net margin of 5.38% and a negative return on equity of 1.68%. The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.35 earnings per share. On average, analysts expect Elastic to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Elastic Trading Up 1.4%

Shares of ESTC stock opened at $88.67 on Wednesday. Elastic has a fifty-two week low of $70.14 and a fifty-two week high of $118.84. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.09 and a current ratio of 2.09. The stock’s fifty day moving average is $86.99 and its two-hundred day moving average is $85.56. The firm has a market capitalization of $9.42 billion, a P/E ratio of -110.83 and a beta of 1.04.

Elastic announced that its Board of Directors has approved a share buyback plan on Thursday, October 9th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at Elastic

In related news, insider Carolyn Herzog sold 5,143 shares of the stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $90.12, for a total transaction of $463,487.16. Following the transaction, the insider owned 94,677 shares of the company’s stock, valued at approximately $8,532,291.24. This represents a 5.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Shay Banon sold 104,326 shares of the stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $90.34, for a total transaction of $9,424,810.84. Following the sale, the chief technology officer directly owned 4,363,780 shares in the company, valued at $394,223,885.20. This represents a 2.33% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 352,042 shares of company stock valued at $31,087,394. Corporate insiders own 12.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its position in shares of Elastic by 3,086.2% during the 3rd quarter. NewEdge Advisors LLC now owns 2,772 shares of the company’s stock worth $234,000 after purchasing an additional 2,685 shares during the last quarter. Dark Forest Capital Management LP boosted its position in shares of Elastic by 4.1% during the 3rd quarter. Dark Forest Capital Management LP now owns 50,843 shares of the company’s stock worth $4,296,000 after acquiring an additional 2,013 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Elastic in the 3rd quarter valued at about $509,000. Alyeska Investment Group L.P. raised its position in shares of Elastic by 490.4% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,113,503 shares of the company’s stock worth $94,080,000 after acquiring an additional 924,911 shares in the last quarter. Finally, Voleon Capital Management LP acquired a new position in Elastic in the third quarter valued at approximately $281,000. Hedge funds and other institutional investors own 97.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on ESTC shares. Citigroup restated a “buy” rating on shares of Elastic in a research report on Friday, October 10th. Oppenheimer restated an “outperform” rating on shares of Elastic in a report on Friday, August 29th. Weiss Ratings restated a “sell (d)” rating on shares of Elastic in a research report on Wednesday, October 8th. Stifel Nicolaus lifted their price objective on Elastic from $112.00 to $134.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Finally, Zacks Research lowered Elastic from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $119.00.

Elastic Company Profile

Elastic N.V., a data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments. It primarily offers Elastic Stack, 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.