Elastic (NYSE:ESTC) Issues Q4 2026 Earnings Guidance

Elastic (NYSE:ESTC) updated its fourth quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.550-0.570 for the period, compared to the consensus earnings per share estimate of 0.320. The company issued revenue guidance of $445.0 million-$447.0 million, compared to the consensus revenue estimate of $442.0 million. Elastic also updated its FY 2026 guidance to 2.500-2.540 EPS.

Elastic Price Performance

Shares of NYSE:ESTC traded up $3.56 on Thursday, hitting $61.56. The company had a trading volume of 4,042,877 shares, compared to its average volume of 1,929,495. The company has a market cap of $6.49 billion, a PE ratio of -59.77, a PEG ratio of 229.35 and a beta of 0.93. Elastic has a 52-week low of $52.73 and a 52-week high of $117.49. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.64. The business has a 50 day moving average of $69.20 and a 200 day moving average of $78.08.

Elastic (NYSE:ESTC) last announced its earnings results on Thursday, February 26th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.67). Elastic had a negative return on equity of 2.02% and a negative net margin of 6.79%.Elastic has set its FY 2026 guidance at 2.500-2.540 EPS and its Q4 2026 guidance at 0.550-0.570 EPS. As a group, equities analysts anticipate that Elastic will post -0.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ESTC shares. Scotiabank cut their price objective on shares of Elastic from $90.00 to $76.00 and set a “sector perform” rating on the stock in a report on Friday, November 21st. Jefferies Financial Group dropped their price objective on Elastic from $105.00 to $95.00 and set a “buy” rating for the company in a report on Monday, January 5th. Barclays reduced their price objective on Elastic from $107.00 to $100.00 and set an “overweight” rating on the stock in a research note on Monday, January 12th. Morgan Stanley set a $80.00 price target on Elastic in a report on Thursday, February 19th. Finally, Piper Sandler decreased their target price on shares of Elastic from $125.00 to $110.00 and set an “overweight” rating for the company in a research note on Friday, November 21st. Seventeen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $102.17.

Insider Activity

In other Elastic news, CEO Ashutosh Kulkarni sold 20,413 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $75.05, for a total transaction of $1,531,995.65. Following the sale, the chief executive officer directly owned 431,901 shares of the company’s stock, valued at approximately $32,414,170.05. This represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ken Exner sold 6,544 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $75.05, for a total value of $491,127.20. Following the sale, the insider directly owned 227,038 shares of the company’s stock, valued at $17,039,201.90. This represents a 2.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 61,828 shares of company stock worth $4,641,010 over the last ninety days. Corporate insiders own 12.70% of the company’s stock.

Institutional Investors Weigh In On Elastic

Institutional investors and hedge funds have recently modified their holdings of the business. Focus Partners Wealth acquired a new position in shares of Elastic in the 1st quarter valued at $494,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Elastic by 17.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,159 shares of the company’s stock worth $98,000 after purchasing an additional 171 shares in the last quarter. Invesco Ltd. increased its position in shares of Elastic by 11.7% in the 2nd quarter. Invesco Ltd. now owns 95,332 shares of the company’s stock valued at $8,039,000 after buying an additional 9,990 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Elastic by 400.0% in the second quarter. EverSource Wealth Advisors LLC now owns 2,110 shares of the company’s stock worth $178,000 after acquiring an additional 1,688 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Elastic by 24.7% during the 2nd quarter. Cerity Partners LLC now owns 30,545 shares of the company’s stock valued at $2,576,000 after purchasing an additional 6,056 shares in the last quarter. 97.03% of the stock is owned by institutional investors.

Elastic Company Profile

Elastic N.V. operates as a search and analytics company, offering a suite of open source and subscription-based solutions for search, observability and security use cases. Its flagship product, Elasticsearch, enables fast and scalable full-text search and analytics across large volumes of structured and unstructured data. Complementary tools such as Kibana provide visualization capabilities, while Beats and Logstash serve as lightweight data shippers and data processing pipelines, respectively.

The company was founded in 2012 by Shay Banon, who serves as chief technology officer, and Steven Schuurman.