Elastic (NYSE:ESTC) Issues FY 2025 Earnings Guidance

Elastic (NYSE:ESTC) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.910-1.960 for the period, compared to the consensus EPS estimate of 1.720. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion. Elastic also updated its Q4 2025 guidance to 0.360-0.370 EPS.

Analyst Ratings Changes

ESTC has been the subject of a number of research reports. Cantor Fitzgerald began coverage on Elastic in a research report on Friday, January 17th. They issued a “neutral” rating and a $108.00 price objective for the company. Wells Fargo & Company lifted their price target on shares of Elastic from $100.00 to $135.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Citigroup increased their price objective on shares of Elastic from $136.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Bank of America lifted their target price on shares of Elastic from $94.00 to $120.00 and gave the company a “neutral” rating in a research report on Friday, November 22nd. Finally, The Goldman Sachs Group increased their price target on shares of Elastic from $99.00 to $113.00 and gave the stock a “neutral” rating in a research report on Friday, November 22nd. Seven analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $125.78.

Elastic Stock Down 2.4 %

NYSE:ESTC opened at $101.05 on Friday. The stock’s fifty day moving average price is $105.85 and its two-hundred day moving average price is $95.51. The company has a market cap of $10.47 billion, a price-to-earnings ratio of 183.73 and a beta of 1.07. Elastic has a 52-week low of $69.00 and a 52-week high of $136.06. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.99 and a current ratio of 1.99.

Elastic (NYSE:ESTC) last posted its quarterly earnings results on Thursday, February 27th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.48). Elastic had a net margin of 4.39% and a negative return on equity of 13.20%. On average, analysts anticipate that Elastic will post -0.77 EPS for the current year.

Insider Transactions at Elastic

In other news, CEO Ashutosh Kulkarni sold 7,017 shares of the firm’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $108.12, for a total value of $758,678.04. Following the transaction, the chief executive officer now directly owns 395,326 shares in the company, valued at $42,742,647.12. This trade represents a 1.74 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 15.90% of the stock is owned by corporate insiders.

About Elastic

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.