<- Go home

Added to YB: 2025-07-30

Pitch date: 2025-07-28

ESTC [bullish]

Elastic N.V.

-17.98%

current return

Author Info

No bio for this author

Company Info

Elastic N.V., a search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

Market Cap

$8.7B

Pitch Price

$89.88

Price Target

N/A

Dividend

N/A

EV/EBITDA

-890.03

P/E

-79.15

EV/Sales

4.90

Sector

Software

Category

growth

Show full summary:
Elastic Is the Search Layer of the AI Revolution And Wall Street Has No Idea

ESTC: Search/retrieval layer that grounds LLMs in company data. 6T queries/day, $1.48B rev (+17% YoY), $688M cloud rev (+26%), 112% net expansion. Powers RAG at Cisco, EY, DocuSign, Booking.com. Search AI Lake architecture enables enterprise-grade retrieval for AI. Undervalued at $9.5B vs potential AI infrastructure multiples.

Read full article (11 min)