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Added to YB: 2026-01-26

Pitch date: 2026-01-22

ESTC [bullish]

Elastic N.V.

-13.47%

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

$6.4B

Pitch Price

$71.72

Price Target

N/A

Dividend

N/A

EV/EBITDA

-619.12

P/E

-58.28

EV/Sales

3.46

Sector

Software

Category

turnaround

Show full summary:
The Investing Ledger | Portfolio update, Q4 2025 - New Position: Elastic N.V.

ESTC (new position): Turnaround play in AI-powered data analytics amid SaaS selloff. Recent portfolio addition with smallest allocation. Pessimistic software sentiment vs growing AI analytics demand creates opportunity. Key question: can ESTC win competition? Need evidence software is essential to customers' future to shift market sentiment.

Read full article (1 min)