Elastic (ESTC) Expected to Announce Quarterly Earnings on Thursday

Elastic (NYSE:ESTC) will likely be issuing its Q1 2026 results after the market closes on Thursday, August 28th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $397.1260 million for the quarter. Elastic has set its FY 2026 guidance at 2.240-2.32 EPS. Q1 2026 guidance at 0.410-0.43 EPS.Parties may visit the the company’s upcoming Q1 2026 earningresults page for the latest details on the call scheduled for Thursday, August 28, 2025 at 5:00 PM ET.

Elastic (NYSE:ESTC) last posted its earnings results on Thursday, May 29th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.10. Elastic had a negative return on equity of 4.46% and a negative net margin of 7.29%.The firm had revenue of $388.43 million during the quarter, compared to analyst estimates of $380.61 million. During the same period in the previous year, the company earned $0.21 EPS. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. On average, analysts expect Elastic to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Elastic Stock Down 1.5%

ESTC opened at $77.80 on Wednesday. The business has a 50 day moving average price of $82.58 and a 200 day moving average price of $88.52. Elastic has a twelve month low of $69.00 and a twelve month high of $118.84. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.92 and a current ratio of 1.92. The firm has a market cap of $8.21 billion, a P/E ratio of -74.09 and a beta of 1.07.

Insider Buying and Selling at Elastic

In other Elastic news, insider Ken Exner sold 6,918 shares of the company’s stock in a transaction on Monday, June 9th. The stock was sold at an average price of $86.91, for a total value of $601,243.38. Following the sale, the insider directly owned 230,494 shares in the company, valued at $20,032,233.54. This represents a 2.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Carolyn Herzog sold 5,702 shares of the company’s stock in a transaction on Monday, June 9th. The shares were sold at an average price of $86.91, for a total value of $495,560.82. Following the completion of the sale, the insider owned 93,985 shares in the company, valued at $8,168,236.35. This trade represents a 5.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 50,913 shares of company stock valued at $4,416,324 in the last quarter. 15.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Elastic

A number of large investors have recently bought and sold shares of the stock. Hudson Bay Capital Management LP bought a new stake in Elastic in the second quarter valued at $425,000. Geneos Wealth Management Inc. bought a new stake in Elastic in the second quarter valued at $31,000. Headlands Technologies LLC bought a new stake in Elastic in the second quarter valued at $135,000. Tower Research Capital LLC TRC grew its position in Elastic by 1,420.4% in the second quarter. Tower Research Capital LLC TRC now owns 2,752 shares of the company’s stock valued at $232,000 after acquiring an additional 2,571 shares during the period. Finally, Corient Private Wealth LLC grew its position in Elastic by 38.9% in the second quarter. Corient Private Wealth LLC now owns 4,788 shares of the company’s stock valued at $404,000 after acquiring an additional 1,342 shares during the period. 97.03% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ESTC has been the topic of several recent analyst reports. Barclays dropped their price target on Elastic from $124.00 to $105.00 and set an “overweight” rating on the stock in a research report on Friday, May 30th. Stifel Nicolaus dropped their price target on Elastic from $140.00 to $112.00 and set a “buy” rating on the stock in a research report on Friday, May 30th. Scotiabank dropped their price target on Elastic from $137.00 to $95.00 and set a “sector outperform” rating on the stock in a research report on Friday, May 30th. JPMorgan Chase & Co. dropped their price target on Elastic from $120.00 to $110.00 and set an “overweight” rating on the stock in a research report on Friday, May 30th. Finally, KeyCorp initiated coverage on Elastic in a research report on Tuesday, June 10th. They issued a “sector weight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Elastic currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.60.

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.